Integration & Orchestration Middleware Market to CAGR of 7.1%

The Global 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) - Global Forecast to 2027”, is expected to be valued at US$ 18,761.1 Million by 2027, exhibiting a CAGR of 7.1 % during the forecast period (2019-2027), as highlighted in a report published by Coherent Market Insights.

Overview

Application or service orchestration is the method of incorporating two or more applications and/or services together to automate a process in real-time.

Event-driven middleware

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.

Managed File Transfer Software

Managed file transfer provides secure and high-speed delivery of the file over the network from one enterprise to another or within an enterprise.
They are of two types: free software and commercial software.

The global Integration & Orchestration Middleware Market is estimated to account for US$ 10,836.1 Mn in terms of value and growing at CAGR of 7.1%

Market Driver

Rapid digital transformation is expected to drive growth of the global integration & orchestration middleware market during the forecast period

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. This coordination is related to receiving, managing and delivering data and managing API calls of the requested application. Furthermore, in IoT-based digital transformation integration middleware changes event into an IT accessible format, which is further analyzed and assembled. API management connects authorized consumers with the required web services. Therefore, these factors are expected to propel the global integration & orchestration middleware market growth over the forecast period.

Market Opportunity

Large scale distribution

Large scale distribution of applications and services require a high level of integration and orchestration of the information among different applications deploying mobile, cloud, and other services. This, in turn, is expected to create opportunities for innovation among the vendors so that easy integration and orchestration occur across different deployment options such as cloud, on premise, hybrid, etc. Furthermore, there is an opportunity for vendors to provide novel solutions to endorse large scale distribution with efficient and high-level integration and orchestration techniques.

Market Restraint

Commoditization of open source alternatives is expected to hinder the global integration & orchestration middleware market growth over the forecast period

Middleware is becoming a strategic commodity. Commoditization of the applications and application servers like J2EE application servers result in lowering down its cost, reducing time to develop and increasing collaboration. Shrinking profits and increased shareholder pressure to cut costs are making it harder for companies to invest in long term research in developing the high-end applications rather there is the growth of standardized open-source alternatives in the middleware market. The commoditization of these alternatives in areas of integration and orchestration results in less value-added offerings in this segment. Vendors have an opportunity to build value-added tiers on top of open source to improve usability and speed of delivery. Building capabilities for new roles, such as data scientists and end users, will create an opportunity to differentiate through added value.

Market Trends

Mobile Technology

Mobility is rapidly becoming the first choice client platform over desktop applications. However, mobile middleware is still at the nascent stage as the majority of the organizations are utilizing custom integration as part of their mobile application development. Furthermore, mobile-oriented technologies namely mobile application platforms and Mobile Backend as a Service (MBaaS) has transformed to provide integration and orchestration to mobile devices in a more flexible and scalable way. This trend is expected to continue during the forecast period.

High adoption of IoT devices

Continuous innovation in the Internet of Things has increased the demand for integration and orchestration middleware solutions that are reliable, portable and provide the proper flow and transfer of information among different applications connected. Furthermore, many organizations are increasingly implementing modernized integration infrastructure to leverage digitization, cloud, mobility, and IoT for driving business. Enterprises continue to use emerging M2M integration methods. Cloud-based IoT platforms are gaining traction and provide an agile approach to integration and orchestration.

Competitive Section

Key companies operating in the global integration & orchestration market are TIBCO Software Inc., OpenText Corporation, Axway, Infor, SPS Commerce, Inc., Covisint, Microsoft Corporation, IBM Corporation, SWIFT, and Oracle Corporation.

Key Developments

Key players in the market are involved in product launches, in order to expand their product portfolio. For instance, in February 2016, IBM Corporation launched a new series of connecting offerings for IBM Cloud. It includes IBM WebSphere connect, API Connect, etc.
Major companies in the market are focused on mergers and acquisitions, in order to enhance their market presence. For instance, in January 2016, Axway acquired the mobile application development platform Appcelerator to provide its customers with the concept of bimodal IT.

Segmentation

Market Taxonomy: