July 14, 2024

The Demand in the global integration & orchestration middleware market is Propelled by Cloud Adoption

Integration & Orchestration Middleware helps in integration of cloud-based applications and microservices while also managing application programming interfaces (APIs), which enables organizations to simplify their IT infrastructure and gain business agility. Integration & Orchestration Middleware seamlessly connects hybrid cloud environments, on-premises systems and SaaS applications to enable real-time data exchange.

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:
Cloud adoption is growing exponentially with most organizations opting hybrid or multi-cloud strategies. Integration & Orchestration Middleware Market Size plays a vital role in connecting and managing cloud-based systems and applications. It reduces cloud integration complexities and ensures reliable data exchange between on-premises and cloud-based assets. The technology helps establish centralized application programming interface management and routing capabilities to provide seamless interoperability across hybrid cloud environments. This also enables organizations to achieve agility, scale and simplification of complex legacy infrastructures. Increasing preference towards hybrid cloud models is expected to drive significant demand for Integration & Orchestration Middleware solutions over the forecast period.

SWOT Analysis
Strength: Integration & Orchestration Middleware offers solutions that help integrate applications across complex and heterogeneous IT ecosystems. It automates and streamlines business processes across departments and functions in an organization.

Weakness: High initial costs involved in deployment and maintenance of Integration & Orchestration Middleware solutions. Lack of expertise and skills for managing complex middleware environment.

Opportunity: Growing demand for APIs and microservices is creating an opportunity for middleware vendors. Integration of IoT solutions with legacy systems also presents opportunities.

Threats: Open source middleware alternatives threatening proprietary middleware solutions. Shift towards cloud-native solutions as opposed to on-premise deployments poses threat.

Key Takeaways
The Global Integration & Orchestration Middleware Market is expected to witness high growth. The market size is projected to reach US$ 12 Billion in 2023 and is forecast to grow at a CAGR of 8.0% during 2023 to 2030 to reach over US$ 22 Billion by 2030.

Regional analysis comprises North America dominates the global market with the largest share of over 35% in 2023. Asia Pacific region is expected to witness the fastest growth during the forecast period due to growing digitalization initiatives across organizations in countries such as China and India.

Key players operating in the Integration & Orchestration Middleware market are IBM Corporation, Microsoft Corporation, Oracle Corporation, Software AG, Tibco Software Inc. IBM is the largest player with over 20% market share in 2023 owing to its extensive product portfolio and global presence. Oracle and Microsoft are other major players focusing on enhancing their cloud-based middleware offerings.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

About Author - Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.  LinkedIn Profile

About Author - Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.  LinkedIn Profile

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