The Global Integrated Platform as a Service (IPaaS) Market with figures as recent as 2018 and forecasts up to 2025 provides an overview of the industry including its definition, size, share, growth, applications and manufacturing technology. Report also explores the major industry players in detail as well as company profile, product specifications, capacity and production value.
The Global Integrated Platform as a Service (IPaaS) Market was valued at USD 499.5 million in 2017 and is expected to reach USD 1,528.0 million in 2025, growing at a healthy CAGR of 41.7% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Integrated Platform as a Service (IPaaS),with automated tools, These IPaaS platform provides pre-built connectors, business rules, maps, and transformations that help in the development of integration flows and application programming interface (API) management. The growing need for the security and reliability creates demand for integration services. The IPaaS integrates all such industry services and its applications within a common platform. IPaaS also helps business organizations in reducing the operational cost. In 2017, Informatics Corporation reimagined IPaaS and launched a next-generation solution to power customers’ data-driven digital transformations. This solution provide enterprises with artificial intelligence (AI) powered with IPaaS and enables processing more than 2.5 trillion cloud transactions monthly for Informatica’ customers.
The key players operating in the global integrated platform as a service (IPaaS) market are –
- Boomi, Inc.,
- Informatica Corporation,
- IBM Corporation,
- Oracle Corporation,
- DBSync Ltd.,
- Scribe Software Corporation,
The other players in the market are Mulesoft, Inc., SnapLogic, Inc., Celigo, Inc., Jitterbit, Inc., Flowgear, SAP SE, TIBCO Software Inc., Microsoft Corporation, Capgemini SE, Dell Inc., Fujitsu Ltd., Cherwell Software, SnapLogic, Workato, ScribeSoft, and many more. The other stakeholders of the iPaaS market include cloud vendors, systems integrators, application designers & development service providers, and network service providers.
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- Increasing awareness regarding IPaaS amongst business enterprises
- Growing need of organizations to streamline business processes and digital transformation
- Increasing adoption of internet of things (IoT) and evolution of big data concept
- Convergence of IoT and artificial intelligence (AI) technologies within robots
- Government initiatives and policies favouring automation
- High maintenance cost
- Maintaining security is a big task
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global integrated platform as a service (IPaaS) market
- Analyze and forecast the integrated platform as a service (IPaaS) market on the basis of services, end-user, and services
- Trends of key regional and country-level markets for processes, derivative and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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