About iPaaS Software
Integration platforms as a service (iPaaS) is a set of an automated tool for connecting software application, widely used by large enterprises that need to integrate on-premises applications and data with cloud application and data. It allows a system to make various application and software components compatible. iPaaS is now used by the various organization as it rapidly improves the quality of data integration providing greater reuse of data & greater consistency of data across the organization with little efforts as a service provider.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 31.5% |
Competition among existing players is due to the iPaaS Software market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for iPaaS Software market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global iPaaS Software 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.
Informatica Corporation (United States), IBM Corporation (United States), Dell Boomi, Inc. (United States), SAP SE (Germany), Scribe Software Corporation (United States), DBSync (United States), SnapLogic, Inc. (United States), Jitterbit, Inc. (United States), Flowgear (South Africa), MuleSoft, Inc. (United States), Oracle Corporation (United States) and Celigo, 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 Zapier (United States), PieSync (Belgium), Workato (United States), TIBCO (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global iPaaS Software market by Type (Cloud-Based and Web Based) and Region.
On the basis of geography, the market of iPaaS Software 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, Spain, Ukraine, Norway, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the iPaaS Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Banking, Financial Services will boost the iPaaS Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption of Internet of Things (IoT) and Evolving Big Data Concept
Market Growth Drivers:
Growing Awareness About iPaas Among Business Enterprises and Advantage Related to iPaas as Faster Deployment & Scalability and Reduced Cost of Ownership
Challenges:
Intense Competitions among Major Vendor and Lack of Skilled Professionals
Restraints:
Stringent Government Rules and Regulation and Interoperability Issues
Opportunities:
Increasing Demand among the Enterprises to Streamline Business Processes and Accelerate Big Data of Enterprise
Market Leaders and their expansionary development strategies
In December 2023, Software AG announced it is selling webMethods and StreamSets its Super Integration-Platform-as-a-Service (iPaaS) business to IBM for USD 2.13 billion, subject to customary closing adjustments.
In October 2023, Software AG is re-defining enterprise integration with the launch of the ‘Super iPaaS’ a new category of integration platform necessary to meet the changing needs of large, modern businesses. The ‘Super iPaaS’ will help manage the chaos of connectivity caused by rapid digital expansion: a growing and formidable challenge for today’s businesses that current integration tools cannot tackle because they are too focused on only one or two relevant capabilities and cannot handle hybrid multi-cloud environments.
Key Target Audience
Technology Investors, Cloud Vendors, Managed Service Providers, Data Quality Service Providers, System Integrators, Data Integration Service Providers, Application Design & Development Service Providers, Training & Education Service Providers, Research/Consultancy firms, Consulting Firms/ Advisory Firms, Government Bodies and Third-party vendors
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.