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(I-SoftwareNews.Com, November 07, 2018 ) Integration middleware basically represents software systems that deliver runtime services for communications, and integration application execution, monitoring & operations. Orchestration is a middleware-based technology, which enables establishing the highly centralized part of architecture to govern business process definitions’ design and execute the business process logic.
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According to a recently published report by Fact.MR, global integration & orchestration middleware market is slated to reflect a splendid rise over the forecast period, 2017 to 2026. Primarily propelled by surging demand for API management, rapid growth of digital transformation, and rapid adoption of cloud computing, the market will also be influenced by several other technological trends. Revenues from integration & orchestration middleware sales globally are estimated to reach approximately US$ 19,000 Mn by 2026-end.
Digital Transformation to Drive Demand for Integration & Orchestration Middleware
Digital transformation is creating and triggering high demand for integration & orchestration middleware, as it calls for the connection of new digital capabilities with already existing assets and processes. This integration provides coordination between end-to-end applications. It is essential to manage application programming interface (API) after the process of coordination, as well as manage, deliver & receive data. Integration of middleware along the digital transformation, which is based on IoT, converts the IT accessible event format for further assembly and analysis. In addition, API management serves as a connection between web services and their authorized users. This effective and efficient digital transformation is a key factor driving demand for integration & orchestration middleware.
Apart from digital transformation, the highly efficient cloud computing network is also reforming the market for integration & orchestration middleware. Middleware tools that are currently being employed are relatively lighter in nature, and utilized on the cloud for enhancing flexibility and scalability of their daily operations. Enterprise application is where majority of the growth is witnessed via utilization of the agile and cost-effective could technology. Developers are capable of maintaining and building application without infrastructural challenges, with the help of PaaS.
The global market for integration & orchestration middleware is set to exhibit an impressive CAGR through the period of forecast (2017-2026), according to Fact.MR’s recently published report. Worldwide integration & orchestration middleware sales will surpass revenues worth US$ 18,500 Mn by 2026-end.
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5 Key Takeaways from Fact.MR’s Report on integration & orchestration middleware market for Forecast Period 2017-2026
In terms of revenues, North America is slated to remain the leading contributor to expansion of the market, trailed by Europe and Asia-Pacific excluding Japan (APEJ). However, the market in APEJ will ride on a comparative higher CAGR than the markets in North America and Europe. Exhibiting an impressive expansion through 2026, Japan is also expected to remain financially worthwhile for the market expansion. In contrast, Middle East & Africa (MEA) will remain the least lucrative market for integration & orchestration middleware.
On the basis of middleware type, integration middleware will account for the largest market revenue share during the forecast period. Sales of integration middleware are projected to reflect the highest CAGR in the market during 2017 to 2026. Business to business middleware and event-driven middleware will also remain remunerative in the market, and their sales collaboratively estimated to exceed US$ 7,500 Mn in revenues by 2026-end. In addition, revenues from event-driven middleware are expected to increase a comparatively higher CAGR than those from business to business middleware through 2026.
Integration and orchestration middleware will continue to find the largest adoption in the BFSI sector, followed by IT & telecommunication sector. Revenues from sales in these two sectors will account for over half share of the market by 2026-end. Integration & orchestration middleware sales will register the fastest expansion in the healthcare sector through 2026.
On-premise deployment will continue to be dominant in the integration & orchestration middleware market, in terms of revenues. However, the market is projected to witness a paradigm shift from on-premise development to cloud-based development in the upcoming years, on the back of the latter’s enhanced performance and efficiency. Cloud-based deployment of integration & orchestration middleware will exhibit a significantly higher CAGR than that of on-premise deployment through 2026.
Key market participants identified by the report include OpenText Corporation, Infor, Oracle Corporation, Tibco Software Inc., Microsoft Corporation, Covisint, Axway, IBM Corporation, SPS Commerce Inc., and SWIFT.
Consumerization driving Market Growth in North America
A recent evolution driving expansion of the integration & orchestration middleware market in North America is consumerization. Consumerization helps users in integrating and automating applications by themselves, thereby reducing the service costs. Integration & orchestration middleware market will remain the most remunerative in North America, followed by Europe. The market in Asia-Pacific excluding Japan (APEJ) will continue to exhibit the fastest growth through 2026.
Based on middleware type, business to business middleware will latch onto a major portion of the market’s revenue share during the forecast period. Enterprises are increasingly utilizing cloud B2B integration & managed services for replacing the aging B2B infrastructure. Business to business middleware is considered to be a strategic asset for organizations, as huge amount of valuable data is generated through B2B systems. However, integration middleware will account for the largest market revenue share by 2026-end.
Key market players are continuously focusing on coming up with innovative solutions in order to strengthen their position in the market. These players are also pitching their existing products on the back of high demand. Fact.MR’s report has profiled active players contributing to growth of the global integration & orchestration middleware market, which include SWIFT, SPS Commerce Inc., IBM Corporation, Axway, Covisint, Microsoft Corporation, Tibco Software Inc., Oracle Corporation, Infor, and OpenText Corporation.
Table of Content:
Global Economic Outlook
Global Integration & Orchestration Middleware Market - Executive Summary
Global Integration & Orchestration Middleware Market Overview
3.1.1. Global Integration & Orchestration Middleware Market Taxonomy
3.1.2. Global Integration & Orchestration Middleware Market Definition
3.2. Global Integration & Orchestration Middleware Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Integration & Orchestration Middleware Market Y-o-Y Growth
3.3. Global Integration & Orchestration Middleware Market Dynamics
3.4. Vendor Share Analysis
3.5. Key Participants Market Presence (Intensity Map) By Region
3.6. Value Chain Analysis
3.7. Top Vendor Offerings - Mapping
3.8. IT Spending in PaaS
3.9. PESTLE Analysis
3.10. Regionwise PLC Mapping
Global Integration & Orchestration Middleware Market Analysis and Forecast 2012-2026
4.1. Global Integration & Orchestration Middleware Market Size and Forecast By Middleware Type, 2012-2026
4.1.1. Integration Middleware Market Size and Forecast, 2012-2026
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
4.1.2. Business to Business Middleware Market Size and Forecast, 2012-2026
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
4.1.3. Event Driven Middleware Market Size and Forecast, 2012-2026
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
4.1.4. Managed File Transfer Software Market Size and Forecast, 2012-2026
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
4.2. Global Integration & Orchestration Middleware Market Size and Forecast By Sector, 2012-2026
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