Integration Platform as a Service Market to Reach $2.9 Billion by 2021 - Increasing Awareness About iPaaS Among Enterprises - Research and Markets

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Dec 23, 2016, 11:10 ET

DUBLIN, Dec 23, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Integration Platform as a Service Market - Global Forecast to 2021" report to their offering.

The Integration Platform as a Service market is expected to grow from USD 528.0 Million in 2016 to USD 2,998.3 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 41.5% during the forecast period. The demand for iPaaS is driven by factors such as the need for business agility, faster deployment & scalability, increasing awareness about iPaaS among enterprises globally, and reduced cost of ownership. The growing need of organizations to have an effective process for developing and managing enterprise applications is fueling the growth of the iPaaS industry across the globe.

The Integration Platform as a Service market has been segmented based on service type, deployment model, organization size, vertical, and region. The application integration service segment is expected to grow at the highest CAGR during the forecast period, while the cloud service orchestration segment is projected to have the largest market size in 2016 in the iPaaS market.

The iPaaS services offer capabilities such as Application Programming Interface (API) management, data integration, and real-time monitoring & integration that offer enterprises simplicity, visibility and business agility. The adoption of iPaaS services among the enterprises increased due to benefits such as improved scalability, lower infrastructure cost, faster deployments, improved productivity & performance, better control of critical applications, and decreased business downtime and losses.

North America is expected to have the largest market share in 2016, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR during the forecast period in the Integration Platform as a Service market. Factors such as rising need for advanced integration services and shifting of workload to cloud environment are also driving the demand for iPaaS, globally.

Companies Mentioned:

Celigo, Inc.
Dbsync
Dell Boomi, Inc.
Flowgear
IBM Corporation
Informatica Corporation
Jitterbit, Inc.
Mulesoft, Inc.
Oracle Corporation
Sap SE
Scribe Software Corporation
Snaplogic, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Integration Platform as a Service Market Analysis, by Service Type

8 Integration Platform as a Service Market Analysis, by Deployment Model

9 Integration Platform as a Service Market Analysis, by Organization Size

10 Integration Platform as a Service Market Analysis, by Vertical

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/gd7khj/integration

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SOURCE Research and Markets