Integration & Orchestration Middleware Market Driven by Need for Developing Connected Digital Technologies
Integration & Orchestration Middleware Market Driven by Need for Developing Connected Digital Technologies
The global integration & orchestration middleware market is estimated to be valued at US$ 12 Bn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

The integration & orchestration middleware products help in integrating applications and enabling communication between different computing systems and software applications. They play a key role in developing connected digital technologies such as IoT, AI, and autonomous vehicles by facilitating seamless data sharing and ensuring smooth process workflow.

 


Market key trends:
Growth Accelerated by Integration of Technologies
The increasing integration of technologies such as AI, IoT, analytics, and cloud is driving the growth of integration & orchestration middleware market. These middleware products help in integrating various enterprise applications and databases with advanced technologies and ensuring smooth flow of data. They facilitate seamless data processing and sharing between legacy systems and modern technologies. The rise of digital transformation initiatives by companies to enhance customer experience and optimize business operations is augmenting the demand for integration & orchestration middleware and accelerating the market growth.

Segment Analysis
The global integration & orchestration middleware market is segmented into cloud and on-premises. The cloud segment is expected to dominate the market during the forecast period. The cloud-based middleware offers benefits such as scalability, elasticity, and pay-as-you-go model which drives its adoption. Furthermore, cloud-based middleware is convenient to deploy and manage which is fueling its popularity among organizations.

Key Takeaways

Global Integration & Orchestration Middleware Market Size  is expected to witness high growth during the forecast period. Cloud-based middleware segment is expected to grow at a faster pace due technological advancements and increasing adoption of cloud technologies by organizations across regions.

Regional analysis: North America is expected to dominate the integration & orchestration middleware market during the forecast period. Large presence of middleware vendors and technological advancements are some factors responsible for its dominance. Asia Pacific is expected grow at the fastest pace due to rising digitalization and adoption of cloud technologies by organizations in countries like China and India.

Key players: Key players operating in the integration & orchestration middleware market are Qmarkets (Israel), BrightIdea Inc. (U.S.), Hype Innovation (Germany), IdeaScale (U.S.), Innosabi GmbH (Germany), Cognistremer (Belgium) and Crowdicity Ltd (U.K.). Qmarkets is a leading player owing to its expertise in integration & orchestration software.

 

 

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