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Hybrid Integration Platform Market by Integration Type, Service Type, Organization Size, Vertical And Region - Global Forecast to 2022

Hybrid Integration Platform Market: Global Forecast until 2022

  • September 2017
  • 161 pages
  • ID: 5124690
In this report:
Training and consulting professional services are expected to grow from USD ##.## billion in 2017 to USD ##.## billion by 2022 at the highest CAGR of ##.##% during the forecast period.
The application integration type is expected to grow from USD ##.## billion in 2017 to USD ##.## billion by 2022 at the highest CAGR of ##.##%.

Summary

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Growing need for integrating on-premises and cloud applications for driving digital business transformation is said to be driving the rise of the hybrid integration platform market.

The hybrid integration platform market size is forecasted to grow from ~$17.1B in 2017 to ~$33.6B by 2022, at a CAGR of 14.40 percent. The sector is influenced by factors, including the increasing need for integrating on-premises and cloud applications with the existing systems for driving digital business transformation, the growing demand for hosting apps, info, and services on the cloud, and the hybrid integration platforms' capabilities to tackle the business challenges.

On the other hand, the utility operators face several obstacles while adopting the hybrid integration platform, including the usage of Enterprise Service Bus technology as an alternative, and lack of a standardized and uniform integration type for hybrid integration platform.

Application integration type is intended to have the quickest rise rate during the outlook period

Application integration is the process of combining data and functions from one application program with another to simplify and automate business processes to the greatest extent possible. This is an integration framework that forms middleware and a collection of technologies and services to enable the integration of systems and applications across an enterprise.

Small and important organizations implement application integration, as it has become a mission-critical priority to connect distinct applications and support application collaboration across companies to enhance the global business efficiency, enhance the scalability, and reduce the IT costs.

Endpoint integration service is forecasted to have the quickest increase rate during the estimate period

With the growth in proliferation of devices and the need for remote access to the workplace, the number of devices deployed across heterogeneous locations is said to be rising at a swift pace. Interactions between multiple machines, components, platforms, networks, protocols, and devices have led to the deployment of a subsystem, wherein entities internally communicate seamlessly across diverse locations.

The importance of endpoint integration services is evidently increasing, due to their use in unifying widely interconnected mesh of heterogeneous devices located across varied regions, various communications protocols, multiple applications, and separate networks. Endpoint integration services have been instrumental in streamlining and exchanging data among multiple components with ease and offer a unified view of metrics and data to the relevant stakeholders. Endpoint integration services focus on areas, including business consulting and architecture advisory, cloud integrations services, business analytics, and decision and business support systems, together with network management services, and quantity and block storage services.

North America continent is forecasted to contribute to the most important market share during the outlook period

North America (NA) is forecasted to hold the biggest market share and dominate the hybrid integration platform market between 2017 and 2022. The territory has been extremely responsive toward adopting the latest technological advancements, including data integration tools, Application Program Interface management, Integration Platform as a Service, Managed File Transfer, and ESB.

The main increase drivers for this area are said to be the big scale investments in the hybrid integration platform and the need for integrating on-premises and cloud applications with the existing systems for digital business transformation. The Asia Pacific area is in the initial increase phase; nevertheless, it is anticipated to be the quickest-increasing area in the overall hybrid integration platform market. The rise is likely to be driven by factors, including the increased spending on improving the infrastructure and the emergence of advanced and secured cloud-based solutions.

The break-up profiles of primary participants are given below:

• By organization: Tier 1: 41.0 percent, Tier 2: 35.0 percent, and Tier 3: 24.0 percent

• By description: C-suite: 73.0 percent, D-level: 19.0 percent, and Others: 8.0 percent

• By area: North America continent: 42.0 percent, Europe (EU): 21.0 percent, Asia-Pac: 24.0 percent, and RoW: 13.0 percent

Segment Research

The hybrid integration platform market has been split on the basis of integration types, service types, organizational sizes, verticals, and localities. An in-depth study of the top industry actors has been done to furnish key aspects into their business overviews; products and services; top strategies; recent product launches; alliances, strategic agreements, and collaborations; business expansions; and opposing landscape combined with the hybrid integration platform market.

The market research will facilitate the market top players/new sector entrants in this sector in these ways:

• This document breaks down the hybrid integration platform market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across different areas.

• this business report benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

• this business report benefits partners to better find out the players and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers and acquisitions

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