• US: +1-408-610-2300
  • Toll Free: +1-866-831-4085
  • Login / Register
Integration Platform as a Service (IPaaS) Market Share Report, 2024

Integration Platform as a Service Market Analysis Report By Integration Type, By Services, By Deployment, By Region And Segment Forecasts From 2017 To 2024

Report ID: MN17619894  |  Published: July 2020  |  No of Pages: 73
Format: Electronic (PDF)  |  Industry: Computing & Technology  |  Publisher: Grand View Research

Industry Insights

The global integration platform as a service (IPaaS) market size was accounted for USD 575.0 million, in 2016. IPaaS is the sub-segment of Platform as a Service (PaaS) that comprise of cloud technologies such as cloud computing, cloud storage, and other technologies. Integration can get advantage from wide storage, computer-based, and communication systems of the traditional data center based on the cloud, which can process information from several systems, when linked to the cloud.    

The heavy cost, more complexity, and lengthy delivery time in infrastructure incorporation for Integration via conventional on-premise methods clash with the lean approaches. The swift innovation in IPaaS and the requirement for the lean and fast integrated platforms have led to an increasing preference for IPaaS. Steady growth in the subscriptions from the past many years has driven key players in the cloud computing and IT industry to make more investments.

Asia Pacific Integrated Platform as a Service (IPaaS) market

The evolving market trends are moving towards process and data synchronization, which was directed towards data sources and applications. The market is focused on API creation, the use of IPaaS in the IoT market, and big data analytics. The advancement in the technology integration to supplement the compatibility in several sectors is predicted to propel the product demand in the upcoming years.

Asia-Pacific is the rapidly growing market, predicted to register a CAGR of 25.0% over the forecast period. The region has both developing and developed nations. Eastern Asia is a production hub for enhanced electronic sensors coupled with the automotive industry which proliferate the market growth. The increasing industrialization and production in the region are also escalating the product demand over the estimated duration.

Integration Type Insights

Based on the integration type, the integration platform as a service market is segregated into data, process integration, application integration, and application program interfaces (API). The API division led the market and is worth USD 208.4 million in 2016. The division is predicted to foresee swift growth from 2017 to 2024 as several enterprises are projected to use an IPaaS module.

The process integration is witnessing the rapid growth, anticipated to exhibit a CAGR of 19.7% over the estimated duration. This integration is deployed by almost major sectors to modernize their processes. The surging demand for automation is one of the key factors supplementing the market growth in the upcoming years.

Service Insights

Depending on the service, the IPaaS market is classified into data mapping & transformation, API life cycle management, IoT, Business to Business & cloud integration, routing & orchestration, and Integration flow development and lifecycle management tools. These are anticipated to be widely used in the coming years.

Further, the development of IoT has also fueled market growth with its multiple uses in the development of on-premise hardware, interactive software platform, and cloud computing. The key players are spending considerable resources on constant product development to maintain their presence in the market.

Deployment Insights

Rising automation in the manufacturing industry is estimated to augment the product demand over the forecast years. Further, surging demand for the plastics & rubber, metal & machinery, and food & beverage is projected to supplement the market growth in the upcoming years.

Integrated Platform as a Service market

The evolution of cloud computing and big data analytics, IoT, and AI are expected to foresee extensive preference in the coming years. Further, the advancement of smart sensors, that fuse with IoT and AI to offer real-time feedback and information, has promoted to the preference for these technologies.

Regional Insights

North America is predicted to occupy the considerable market share, due to the operation of robust service providers. The region occupied for more than 55.7% share of revenue in 2016 and is expected to touch USD 1,337.1 million by 2024. The requirement for integrating several applications under a unified platform is propelling the growth over the forecast period.

Asia Pacific is anticipated to witness rapid growth due to the presence of developing nations such as India and China. The growing preference for cloud computing in the retail segment is augmenting the product demand over the estimated period. Further, the high growth of cloud computing preference in the manufacturing industry is also bolstering product demand.

Integration Platform as a Service Market Share Insight

The key players such as Snaplogic, Informatica, MuleSoft, and Dell Boomi held considerable market share globally. Other leading players include SAP, Oracle, Jitterbit, Microsoft, and others. These players are emphasizing on R&D activities to launch platforms compliance with the regulatory norms of government.

The high competition is allowing market players to focus on an innovative product that offers excellent integration of processes, applications, and data. Strategic investment and collaborations are predicted to be a competitive ways to maintain their dominance.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2015

Forecast period

2017 - 2024

Market representation

Revenue in USD Million from 2015 to 2024

Regional scope

North America, Europe, Asia Pacific, and RoW

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2015 to 2024. For the purpose of this study, Million Insights has segmented the global integration platform as a service market on the basis of integration type, services, deployment, and region:

• Integration Type Outlook (Revenue, USD Million, 2015 - 2024)
    • Data Integration
    • Application Integration
    • Application Program Interface (API) Integration
    • Process Integration

• Services Outlook (Revenue, USD Million, 2015 - 2024)
    • Data mapping and transformation
    • Routing and orchestration
    • Integration flow development and life cycle management tools
    • API life cycle management
    • Business to Business (B2B) and cloud Integration
    • Internet of Things
    • Others

• Deployment Outlook (Revenue, USD Million, 2015 - 2024)
    • Cloud
    • On-Premise
    • Hybrid

• Regional Outlook (Revenue, USD Million, 2015 - 2024)
    • North America
    • Europe
    • Asia Pacific
    • RoW

What questions do you have? Get quick response from our industry experts. Request More information
Key questions answered in the report include
key questions
We also offers customization on reports based on specific client requirement.
Request for Customization

Choose License Type

Research Assistance

Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

  1. Phone: +1-408-610-2300
  2. Toll Free: +1-866-831-4085
  3. Email: [email protected]
  • World's largest premium report database
  • Transparent pre & post sale customer engagement model
  • Unparalleled flexibility in terms of rendering services
  • Safe & secure web experience
  • 24*5 Research support service
  • 100% Secure Payments
  • Our Promise
  • 100% Service Assurance
  • Market Monitoring
  • Service Flexibility
  • 24X5 Care available