Uploaded on Nov 30, 2023
The global integration platform as a service market was valued at $3.4 billion in 2021, and is projected to reach $37.9 billion by 2031, growing at a CAGR of 27.5% from 2022 to 2031.
Integration Platform as a Service Market Worth USD 37.9 Billion by 2031 | Seamless Solution
Integration Platform as a Service Market The global integration platform as a service market was valued at $3.4 billion in 2021, and is projected to reach $37.9 billion by 2031, growing at a CAGR of 27.5% from 2022 to 2031. Download Sample PDF Integration platform as a service (iPaaS) is a cloud-based suite of tools, hosted by a third-party provider, that enables organizations to integrate, automate, and manage applications, business systems, and data that reside in different business environments, whether on-premises or in public or private clouds. Factors such as growth in adoption of hybrid and multi-cloud Infrastructure and the surge in importance of cloud real-time monitoring in business sectors impact the growth of the integration platform as a service market globally. Impact of Covid-19 The IPAAS Market has witnessed significant growth in past few years; however, due to the outbreak of the COVID-19 pandemic, the market is projected to witness 1 a slight downfall in 2020. This is attributed to implementation of lockdown by governments in majority of the countries and the shutdown of travel across the world to prevent the transmission of virus. The integration platform as a service industry is projected to prosper in the upcoming years after the recovery from the COVID-19 pandemic. Various organizations have initiated work-from-home culture for their employees, 2 which is creating demand for the cloud-based IPaaS to manage critical information of organizations, thus creating lucrative opportunity for the market expansion during the forecast period. Market is Segmentation Prriivatte By Component Hybrriid Publliic BFSII Enerrgy and Uttiilliittiies By Industry IIT and Tellecom Vertical Goverrnmentt and Publliic Secttorr Healltthcarre Manuffactturriing Rettaiill By Service APII Managementt Type B2B IInttegrrattiion Datta IInttegrrattiion Clloud IInttegrrattiion Applliicattiion IInttegrrattiion Segmentation By Region North America U.S., Canada U.K., Germany, France, Spain, Italy, Europe Rest of Europe Asia-Pacific China, Japan, South Korea, India, Australia, Rest of Asia-Pacific LAMEA Latin America, Middle East, Africa Leading Market Players Boomii IIncc.. Tiibcco Celliigo Seeburrgerr AG Worrkatto IIncc.. SAP SE Fllowgearr DBSyncc Miiccrrossofftt Corrporrattiion ellassttiicc..iio MulleSofftt LLLLC SnapLLogiicc IIncc.. Sccrriibe Soffttwarre Corrporrattiion Orracclle Corrporrattiion JJiitttterrbiitt IIncc.. Zapiierr IIBM Corrporrattiion David Correa 5933 NE Wi Toll-Free: 1-800-792-5285 UK: +44-845-528-1300n Sivers Drive #205, Portland, OR 97220 Contact: United States Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter THANK YOU!!!!
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