Enterprise Application Integration - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Enterprise Application Integration Market is accounted for $12.01 billion in 2018 and is expected to reach $35.21 billion by 2027 growing at a CAGR of 12.7% during the forecast period. Increased expenditure on application integration and growing data across enterprises are the major factors propelling the market growth. However, factors such as challenges from hosted or cloud-based integrations and partial EAI information or resources within organizations are hampering the market growth.
Enterprise Application Integration (EAI) is promising as a mission-critical solution that involves the use of tools and methods expected at optimization and modernization of computer applications in an organization. Traditional hub and spoke broker-based EAI systems are now being replaced by distributed, agile, standards-based enterprise service bus architectures and a raise is expected in applications composed from service components forming basis for both service oriented architecture and event driven architecture.
Based on the end user, the retail and wholesale segment is likely to have a huge demand due to one of the quickly growing sectors in the world. The enlargement of the retail market is globalized this is largely fuelled by technological advancements in the field of ICT and improved market penetration of broadband and mobile devices.
By geography, North America is going to have a lucrative growth during the forecast period due to more demand for high performing solutions as end-users expect a seamless experience. As hybrid IT has been developing most organizations and are migrating their infrastructure to the cloud and some continue to maintain critical services onsite. Over the past few years, the number of business-critical applications has increased significantly.
Some of the key players profiled in the Enterprise Application Integration Market include IBM, Microsoft, Mulesoft, Fujitsu, Hewlett-Packard (HP), Oracle, Software AG, Tibco Software, Red Hat and SAP.
Deployment Types Covered:
Company Sizes Covered:
• Large Enterprises
• Small Businesses
• Medium Businesses
End Users Covered:
• Banking, financial services and insurance(BFSI)
• Business services
• IT and telecom
• Retail and wholesale
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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