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Integration Platform As A Service (IPAAS) Market size worth $ 23.71 Billion, Globally, by 2028 at 37.2% CAGR: Verified Market Research®

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Verified Market Research

31 Mar, 2022, 13:15 GMT

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JERSEY CITY, N.J., March 31, 2022 /PRNewswire/ -- The growing adoption and awareness of iPaaS amongst business enterprises in response to its cost-effectiveness, use of cloud-based systems to manage the increasing quantities of information are major driver driving the market's growth.

Verified Market Research recently published a report, "Integration Platform As A Service (IPAAS) Market" By Service (Data Integration, Data Transformation, API Management), By Vertical (Education, Healthcare And Life Science, Government And Public Sector), and By Geography. According to Verified Market Research, the Global Integration Platform As A Service (IPAAS) Market size was valued at USD 2.57 Billion in 2020 and is projected to reach USD 23.71 Billion by 2028, growing at a CAGR of 37.2% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=38450

Browse in-depth TOC on "Integration Platform As A Service (IPAAS) Market"

202 - Pages

126 – Tables

37 – Figures

Global Integration Platform As A Service (IPAAS) Market Overview

The growing adoption and awareness of iPaaS amongst business enterprises in response to its cost-effectiveness is a major driver driving the market's growth. Moreover, technological advances have led to the use of cloud-based systems to manage the increasing quantities of information, which is another factor driving market expansion. The growing need for flexibility, adaptability, and rapid deployment by business entities is putting a positive spin on the market's development.

Furthermore, aspects such as the growing need for cloud security and connectivity, the increasing choice for Integrated Platform as a Service from consumer products and healthcare, and the rising amount of cloud solution suppliers are all driving the growth of the market iPaaS offers a framework for integrating cloud-based apps, APIs, and on-premises platforms with programs, data, and conventional processing projects. However, such integrations are not possible with today's highly compatible traditional machinery.

Common uses that manage essential data such as customer and employee data are compatible with a more recent cloud integration system, requiring the replacing of the existing system with the latest upgraded system to interact with iPaaS. Enterprises find it difficult to use iPaaS due to compatibility issues which inhibits the growth of the market. It is preferred by companies as a standalone cloud-based and on-premises platform for connecting apps since it provides more management over integrating flows, reduced costs, delivery speed, and stability.

Key Developments

  • In September 2021, SnapLogic has introduced a revised version of their new revolutionary SnapLogic Flows technology. SnapLogic Flows makes it simple for sales, advertising, financial, and Organizations to produce new integrations and processes that assist their daily operations, answer their most urgent business needs, and decrease time-to-market and outcomes.
  • In May 2021, Jitterbit has purchased eBridge Connections, a prominent integration Platform as a Service provider that allows information to flow effortlessly across on-premises and cloud e-commerce, EDI, ERP, and CRM systems. The combined products give one of the industry's leading sets of e-commerce and EDI integration solutions on the market, enabling the company to expedite its digital transformation initiatives and achieve considerable time-saving.

Key Players

The major players in the market are SAP SE, Dell Boomi, Inc., IBM Corporation, Informatica Corporation, MuleSoft, Inc., Oracle Corporation, Jitterbit, Inc., Snap Logic, Inc. Celigo, Inc, Scribe Software Corporation, and Other.

Verified Market Research has segmented the Global Integration Platform As A Service (IPAAS) Market On the basis of Service, Vertical, and Geography.

  • Integration Platform As A Service (IPAAS) Market, By Service
    • Data Integration
    • Data Transformation
    • API Management
    • Real-Time Monitoring And Integration
  • Integration Platform As A Service (IPAAS) Market, By Vertical
    • Education
    • Healthcare And Life Science
    • Government And Public Sector
    • Consumer Goods And Retail
    • Banking, Financial Services, And Insurance
    • Others
  • Integration Platform As A Service (IPAAS) Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Data Integration Market By Deployment Model (On-Premises, On-Demand), By Vertical (Healthcare and Life Science, BFSI, Manufacturing), By Geography, Forecast, 2021-2028

Data Virtualization Market By Component (Standalone Software, Data Integration Solution, Application Tool Solution), By Data Consumer (BI Tools, Enterprise Applications, Mobile And Web Applications), By End User (Manufacturing, Healthcare, BFSI), By Geography, Forecast, 2021-2028

Integration Software Market By Services (Infrastructure Integration, Application Integration, Consulting), By End-Use (IT and Telecommunications, Defense And Security, BFSI, Oil And Gas), By Geography, Forecast, 2021-2028

Integrated Revenue and Customer Management (IRCM) for CSPs Software Market By Type (Cloud Based, Web Based), By Application (Large Enterprises, SMEs), By Geography, Forecast, 2021-2028

Best Business Process Automation Software revitalizing business operations

Visualize Integration Platform As A Service (IPAAS) Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
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Email: sales@verifiedmarketresearch.com
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