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| Global Integration & Orchestration Middleware Market Size |
The
integration & orchestration middleware products help in integrating
applications and enabling communication between different computing systems and
software applications. They play a key role in developing connected digital
technologies such as IoT, AI, and autonomous vehicles by facilitating seamless
data sharing and ensuring smooth process workflow.
The global
integration & orchestration middleware market is estimated to be valued at US$ 12 Bn in 2023 and is expected to
exhibit a CAGR of 9.0% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
Growth Accelerated by Integration of Technologies
The increasing integration of technologies such as AI, IoT, analytics, and
cloud is driving the growth of integration & orchestration middleware
market. These middleware products help in integrating various enterprise
applications and databases with advanced technologies and ensuring smooth flow
of data. They facilitate seamless data processing and sharing between legacy
systems and modern technologies. The rise of digital transformation initiatives
by companies to enhance customer experience and optimize business operations is
augmenting the demand for integration & orchestration middleware and
accelerating the market growth.
Segment
Analysis
The global integration & orchestration middleware market is segmented into
cloud and on-premises. The cloud segment is expected to dominate the market
during the forecast period. The cloud-based middleware offers benefits such as
scalability, elasticity, and pay-as-you-go model which drives its adoption.
Furthermore, cloud-based middleware is convenient to deploy and manage which is
fueling its popularity among organizations.
Key Takeaways
Global
Integration & Orchestration Middleware Market Size is expected to witness high growth during the
forecast period. Cloud-based middleware segment is expected to grow at a faster
pace due technological advancements and increasing adoption of cloud
technologies by organizations across regions.
Regional analysis: North America is expected to dominate the integration &
orchestration middleware market during the forecast period. Large presence of
middleware vendors and technological advancements are some factors responsible
for its dominance. Asia Pacific is expected grow at the fastest pace due to
rising digitalization and adoption of cloud technologies by organizations in
countries like China and India.
Key players: Key players operating in the integration & orchestration
middleware market are Qmarkets (Israel), BrightIdea Inc. (U.S.), Hype
Innovation (Germany), IdeaScale (U.S.), Innosabi GmbH (Germany), Cognistremer
(Belgium) and Crowdicity Ltd (U.K.). Qmarkets is a leading player owing to its
expertise in integration & orchestration software.
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