Integration & Orchestration Middleware helps in integration of enterprise applications across various business processes through centralized management of application programming interfaces (APIs). It enables efficient data exchange between different applications, systems, and services. Middleware products offer advantages such as simplified application deployment, reduced IT costs, enhanced collaboration, optimized business processes, and faster integration. With surge in number of cloud-based applications, IoT devices, and mobile applications, there is increasing need for API management among organizations to maintain various applications and improve customer experience.
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 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing need for API management is one of the key trends driving growth of the integration & orchestration middleware market. APIs act as an interface for various internal and external applications to effectively communicate and exchange data with each other. With growing number of applications and devices, managing APIs has become critical. Middleware solutions help organizations to centrally manage all APIs, monitor API performance, develop and publish APIs, and apply security protocols. This has significantly increased adoption of middleware products for API management among enterprises. Centralized management of APIs enhances visibility across the entire API life cycle and drives efficient utilization of applications.
Segment Analysis
The global integration & orchestration middleware market is dominated by the cloud segment. This is owing to several benefits offered such as scalability, flexibility, low upfront costs, and automatic software updates. The cloud segment also allows easy integration of middleware applications with other cloud applications and services. Additionally, integration & orchestration middleware solutions offered in the cloud allows organizations to focus more on their core business competencies rather than worrying about costs and efforts for maintaining an in-house IT infrastructure.
Key Takeaways
The Global Integration & Orchestration Middleware Market Size is expected to witness high growth during the forecast period of 2023 to 2030. The market size for integration & orchestration middleware is projected to reach US$ 12 Bn in 2023.
Regional analysis indicates that North America is expected to dominate the global market during the forecast period. This can be attributed to the presence of many integration and orchestration middleware vendors and increasing digitalization across enterprises in the region. Asia Pacific is projected to be the fastest growing region due to growing adoption of integration middleware solutions by SMEs to enhance business processes.
Key players operating in the integration & orchestration middleware market are IBM Corporation, Microsoft Corporation, Oracle Corporation, Software AG, Tibco Software Inc. IBM offers integration middleware products like IBM software, which provides integration and orchestration functions to connect systems, applications and services within and across organizational boundaries. Microsoft's BizTalk server is used widely for integration of line-of-business applications and external systems.
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