Hybrid Integration Platform Industry Implementing New Tech

  • Increasing demand for hosting applications, data and services on the cloud is a major factor fueling market growth.
  • The Hybrid Integration Platform Industry provides capability to tackle business challenges by integration of cloud-based and on-premises systems.
  • The Hybrid Integration Platform Industry in North America is expected to witness significant growth and hold the largest market share during the forecast period.

In this rapidly changing world of technology, the Hybrid Integration Platform Industry is projected to show major growth prospects. Increasing demand for hosting applications, data and services on the cloud is a major factor fueling growth of the Hybrid Integration Platform Industry.

The Hybrid Integration Platform Industry provides capability to tackle business challenges by integration of cloud-based and on-premises systems.

Regional Analysis

The global Hybrid Integration Platform Industry, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World.

Increasing demand for hosting applications, data and services on the cloud is a major factor fueling market growth.

As compared to other regions, the Hybrid Integration Platform Industry in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of Hybrid Integration Platform Industry. This is due to the presence of large number of established key players like IBM Corporation, Oracle Corporation, Dell Boomi and MuleSoft in that region.

In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. An increasing need for integrating on-premises systems and the upcoming cloud-based systems is one major factor responsible for driving growth of the Hybrid Integration Platform Industry.

In the global Hybrid Integration Platform Industry, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, Hybrid Integration Platform Industry is projected to contribute faster to the growth of revenue backed by the capability of hybrid integration platforms in order to tackle business challenges in countries such as Japan, China, South Korea and India.

The Hybrid Integration Platform Industry is growing rapidly over 14% of CAGR and is expected to reach at approx. $40 Billion by the end of forecast period.

Segmentation

The Hybrid Integration Platform Industry provides capability to tackle business challenges by integration of cloud-based and on-premises systems.

The Hybrid Integration Platform Industry has been segmented on the basis of integration type, service type, organization size and vertical. The organization size segment is bifurcated into small and medium enterprises and large enterprises. Out which, large enterprises hold the largest market share of Hybrid Integration Platform Industry whereas, small and medium enterprises segment is expected to grow at the highest rate during the forecast period. Both small and large enterprises are implementing hybrid integration platforms in order to integrate the cloud based systems and on premise systems which eventually helps in increasing overall operational efficiency and also reduce IT costs.

Key Players

The prominent players in the Hybrid Integration Platform Industry are – Software AG (Germany), Informatica (U.S.), Dell Boomi (U.S.), MuleSoft (U.S.), International Business Machines Corporation (U.S.), TIBCO Software Inc. (U.S.), Oracle Corporation (U.S.), Liaison Technologies (U.S.), WSO2 (U.S.), Red Hat (U.S.) and others.

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