DUBLIN--(BUSINESS WIRE)--The "Global Enterprise Application Integration Market - Segmented by Deployment Type (On-premise, On-demand, Hybrid), Company Size, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global enterprise application integration market was valued at USD 4.86 billion in 2017, and is expected to reach USD 11.98 billion by 2023, recording a CAGR of 16.3%, over the forecast period of 2018-2023.
The major factors significantly impacting the market include growth in cloud ERP implementation, surge in E-Businesses, increase in M&A activity requiring integration of dissimilar business processes, increase in business process automation solutions, surge in demand for new human applications integration with legacy back end systems, and increase in virtual enterprise linking applications in SCM and CRM. Both cloud and hybrid based integrations are significantly changing the dynamics and are challenging the status quo of the market, which was previously dominated by the traditional integration solutions.
Many organizations are moving towards cloud based enterprise resource planning integration solutions to reduce the costs incurred. Business process automation allows organizations to achieve digital transformation and increase service quality. This enables streamline communication, enforces accountability, minimizes costs, reduces manual errors, and establishes a clear approval hierarchy. Hence, the rising usage of business automation owing to its benefits is driving the market for Enterprise application integration market.
Highlights
- Retail & Wholesale are Expected to Grow Exponentially
- North America is the Major Contributor for the Market
Companies Profiled
- IBM Corporation
- Fujitsu Ltd.
- Microsoft Corporation
- MuleSoft
- Oracle Corporation
- SAP SE
- Software AG
- Tibco Software Inc.
- Hewlett-Packard Company
Key Topics Covered
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Segmentation By Deployment Type
6. Segmentation By Organization Size
7. Segmentation By End-user Industry
8. Segmentation By Geography
9. Competitive Intelligence - Company Profiles
10. Investment Analysis
11. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/6q8rtw/global_11_98bn?w=4
