Integration & Orchestration Middleware Market, by Deployment type (cloud-based deployment, On premise deployment), by Application (BFSI, Healthcare, Retail, IT & Communication, Government ), by Middleware type (Integrated middleware, Event-driven middleware, Business to business middleware, Managed file transfer software) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
The integration and orchestration middleware is comprised of software and tools to exchange and integrate business transactions between the enterprises. Integration middleware is a software installed on cloud or on premise to integrate applications. Integration offers coordination in end to end applications. Furthermore, business-to-business middleware is used to exchange business transactions between the enterprises. Event-driven middleware is used to detect, handle events and pass them to applications, people and systems as soon as the events are generated. They consist of three types of software- message-oriented middleware, complex event processing software and business activity monitoring.
Market Dynamics
Rapid Digital transformation has created the demand for integration since it connects the new digital capabilities with existing assets and processes. Integration facilitates coordination in the end-to-end application. Furthermore, in IoT-based digital transformation integration middleware changes event into an IT accessible format, which is further analyzed and assembled. Therefore, these factors are expected to propel the global integration & orchestration middleware market growth over the forecast period.
Increasing use of digital channels and media combined with growing adoption of Internet of Things (IoT) by end users has supported the market growth for API management. Application Programing Interface (API) is the foundation for digital business. API Management connects authorized consumers with the required web services. Furthermore, increasing demand for API analytics, API security, and API governance are other factors driving the market growth. For instance, according to coherent market insights analysis, In Europe, more than 36% B2B transactions took place via API Integration in 2018.
Market Taxonomy
This report segments the Global Integration & Orchestration Middleware Market on the basis of development type, application, middleware type and region. On the basis of development type, Global Integration & Orchestration Middleware Market is segmented into cloud based deployment, on premise deployment. On the basis of application, the Global Integration & Orchestration Middleware Market is segmented into BFSI, Healthcare, Retail, IT & Communication and Government. On the basis of middleware type, Global Integration & Orchestration Middleware Market is segmented into integrated middleware, Event-driven middleware, Business to business middleware, Managed file transfer software. On the basis of region, Global building automation systems market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
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