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Enterprise Application Integration Market 2020 | Intelligence Insights by Growth Rate, Industry Size, Industry Scope, Current Trends, Future Forecast to 2024

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The “Enterprise Application Integration Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Enterprise Application Integration market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Enterprise Application Integration market report also includes new upcoming technology of Enterprise Application Integration Industry that will help to our clients.

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Market Overview:

  • The enterprise application integration market was valued at USD 5.63 billion in 2018 and is expected to reach USD 13.93 billion by 2024, recording a CAGR of 16.32%, over the forecast period of 2019 – 2024. The trend of cloud application in IT will drive the enterprise application integration market in the forecast period.
  • – Integration handles normalization and transformation, to ensure that an application sends or receives data in a compatible format. Integration also handles the workflow or orchestration of automated multistep requests, which require coordinated interactions across applications, back-end services, and data stores.
  • – The market studied has witnessed collaborations of software vendors with solution providers, to overcome their limitation of differentiation and provide more value to their customers. This is made possible by extending their products’ integration abilities, which aids the development of homogenous infrastructure and tools that amend integration, broad monitoring, and logging systems. Further, partnerships with mega-cloud vendors are also expected to offer the market players an advantage, in terms of pricing negotiations.
  • – Since there is a massive increase in databases by the organisations there will be an increase in real-time data access and management.
  • – The major challenge that this market will face is the availability of open source software. That means the copyright holder doesn’t grant permission to study, edit and distribute the software to anyone.

    Enterprise Application Integration Market Covers Key Players:

  • IBM Corporation
  • Fujitsu Ltd
  • Microsoft Corporation
  • MuleSoft Inc.
  • Oracle Corporation
  • SAP SE
  • Software AG
  • Tibco Software Inc.
  • Hewlett-Packard Company

    Some Major Points Covered in Enterprise Application Integration Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • Enterprise application integration software refers to server software, hardware, or virtual appliances installed on-premise inside a data center, or offered in a public or private cloud, which acts as a middleware to integrate applications.
  • Key Market Trends:

    Adoption of Cloud in IT and Telecom Drives the Enterprise Application Integration Market

    – The demand for EAI solutions in the IT industry is majorly driven by the adoption of cloud platforms, which is expected to drive the demand for EAI solutions, in the segment. IT majors have grown to become some of the most valuable firms, in their respective countries. Thus, to maintain the competitive edge, they are also shifting toward cloud deployment.
    – The telecom sector is facing a mode of flux, due to rapidly developing technologies, growing demand, diversity in client base, demand for current products and services at cheaper prices, and the merging of multiple industries, like cable and satellite, with established telecoms. Thus, the adoption of EAI is expected to enable CSPs (cloud service providers) to maintain and manage diverse systems and applications across multiple functions, by allowing them to accomplish logical business process integration, among various disparate application systems.
    – The adoption of cloud platforms also serves as a way to integrate various applications, facilitate new and expanded channels, manage costs, manage private cloud, improve access to client data, and other better services.

    North America to Account for Significant Market Share

    – North America is both the largest and fastest growing market for Enterprise Application Integration (EAI) solutions, globally. The region has a high rate of adoption from almost all the end-user segments in the region, especially contributed by the demand from the United States.
    – E-commerce sector is also one of the primary sources of demand for EAI solutions. The region was responsible for more than 20% of the total global retail e-commerce sales in 2017. EAI solutions are increasingly being used to connect the backend systems of e-commerce websites to facilitate quick decision making and ensure the ready availability of data.
    – With the advent of Industry 4.0 policies and the US targeting to bring back production establishments into the country, there has been a considerable increase in usage of EAI solutions in the manufacturing sector as well.
    – Further, stable banking and financial sector in, both the United States and Canada due to recovering oil and gas sector, a primary contributor to the region’s economy, BFSI sector is increasingly tending toward quality digital services with the help of EAI solutions.

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    Detailed TOC of Enterprise Application Integration Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Demand For Real-Data Access and Management
    4.4 Market Restraints
    4.4.1 Availability of Open Source Software
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Deployment Type
    5.1.1 On-premise
    5.1.2 Cloud
    5.1.3 Hybrid
    5.2 By Organisation Size
    5.2.1 Large Enterprises
    5.2.2 Small- and Medium-sized Enterprises
    5.3 By End-user Industry
    5.3.1 BFSI
    5.3.2 IT and Telecom
    5.3.3 Manufacturing
    5.3.4 Healthcare
    5.3.5 Retail
    5.3.6 Government
    5.3.7 Other End-user Industries
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 IBM Corporation
    6.1.2 Fujitsu Ltd
    6.1.3 Microsoft Corporation
    6.1.4 MuleSoft Inc.
    6.1.5 Oracle Corporation
    6.1.6 SAP SE
    6.1.7 Software AG
    6.1.8 Tibco Software Inc.
    6.1.9 Hewlett-Packard Company

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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