About Enterprise Application Integration
The enterprise application integration (EAI) is a series of approaches followed in the enterprise to start the formation of hardware systems and software applications. It is the process of using all the technologies and services within an enterprise for the alliance of hardware and software. This solution builds communication between various enterprise applications like customer relationship management (CRM), supply chain management enabling the required data to be shared by other users of different applications. It is used in large, medium or small enterprises accounting for 35% of the overall spending on application design development and maintenance as referred by various articles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competition between the players is high as there are various players present in the market. With the right implementation of subsequent EAI technologies by companies, it is all the way possible for the players to make themselves flourish among the market standards with a competitive advantage. Their way of working, how they implement the technologies and individual market opportunities differ for every company. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Enterprise Application Integration market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Microsoft Corporation (United States), SAP SE (Germany), Oracle Corporation (United States), Salesforce.com, Inc. (United States), Fujitsu Ltd. (Japan), Carmatec Inc. (United States), Red Hat, Inc. (United States), MuleSoft LLC, (United States) and Quinnox, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TIBCO Software Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Enterprise Application Integration market by Type (Data Level, Business Model Level, Application Interface Level and Others), Application (Data Integration, Vendor Independence, Common Facade and Others) and Region.
On the basis of geography, the market of Enterprise Application Integration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small Businesses will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI Industry will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Hosted will boost the Enterprise Application Integration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The emerging application integration helps in open and secure sharing data between all heterogeneous applications and legacy devices in the enterprise. The organization is focusing on dPaas (Data Platform as a Service) which helps in data integration and management by saving data from confines of the applications involved.
Market Growth Drivers:
Growing Demand for Enterprise Business Applications, Rising Information Technology Domain Across the Emerging Countries and Need for Management Sector and Data Sharing
Challenges:
Mishandling of Data by Employees in the Enterprise will Hinder the Enterprise Application Integration Market
Restraints:
Risk of Cybers Attack Might Affect the Market and Regulatory Guidelines Regarding Online Safety
Opportunities:
The Surging Demand for EAI for Centralised Platform will Continue to Flourish in Corporate Sector of the Developing Countries and Investment in Infrastructure Development of Enterprise
Market Leaders and their expansionary development strategies
In September 2019, Oracle announced the partnership with Microsoft's cloud, the availability of integrity between Oracle Digital Assistant and Microsoft teams. Enterprise customers are now allowed to access Oracle Cloud Applications through AI-powered experience in teams. The Oracle Digital Assistant has enabled from the Teams App Store where users can enquire from Oracle Cloud Applications such as CX and HCM through a chatbot conversation.
Key Target Audience
Enterprise Application Integration Providers, Enterprise Application Integration Developers, Research and Development Institutes, Potential Investors, Industry Association and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.