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Hybrid Integration Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4134

Hybrid Integration Market size is expected to increase considerably over 2022-2028, on account of the rapid transition of IT infrastructure and enterprise services to the cloud to leverage the benefits of greater service quality and reduced IT costs. The significant contribution of the hybrid integration platform to application developers and integration specialists in deploying a scalable IT infrastructure and enabling asynchronous information exchange, will also impel industry growth in the years ahead.
 

Hybrid integration refers to the ability to connect data, applications, business partners, and files across both on-premises and cloud systems to work as a cohesive unit. This platform has built-in capabilities to integrate with cloud services and on-premises applications with support for standard and proprietary security protocols and the need for a minimal amount of configuration.
 

Emergence of SaaS solutions as a fast-growing segment in the IT industry will foster the hybrid integration market trends through 2022-2028. The subscription-based pricing model is becoming increasingly popular to satisfy the rising IT needs. This situation will favor the SaaS business model and the overall industry, given the usage of SaaS applications in combination with other on-premises and cloud models in a hybrid environment. Furthermore, the escalating adoption of cloud computing, especially during the COVID-19 pandemic, is also likely to generate opportunities for market growth over the forecast spell.
 

Based on organization type, the SMEs (small and medium enterprises) segment will account for a commendable share in the hybrid integration industry by 2028. This is given the increasing development of hybrid IT environments that adopt both on-premise and hosted solutions by SMEs to leverage cloud-based voice and data services. Considering application, the BFSI sector is anticipated to depict a high growth rate through 2028, driven by the increased reliance of the banking sector on hybrid cloud and AI solutions to accelerate digital transformation.
 

The Middle East and Africa hybrid integration market is slated to amass considerable gains by 2028, due to the significant transition of businesses from traditional processes to digital ones in countries like Saudi Arabia. In 2021, a telecom company STC launched the largest Digital Operations Control Center across the MENA region, which includes advanced systems made of digital processes such as simulation and digital crises management. Developments such as these will bolster the need for hybrid integration architecture to empower digital innovation across the region.
 

Key hybrid integration market participants include Built.io, elastic.io (Cogia), Attunity Ltd. (QlikTech International AB), Fiorano Software, Seeburger, Axway Inc., Microsoft Corporation, Red Hat Inc. (IBM), WSO2, Liaison Technologies Inc. (OpenText), Oracle Corporation, IBM Corporation, Boomi, Informatica, Software AG, TIBCO Software Inc. (Vista Equity Partners), and MuleSoft, LLC (Salesforce), among others. These market players are focusing on new service launches and other strategies to boost their business footprint in the competitive market.
 

For instance, in April 2021, Informatica launched Cloud Data Integration Free Service to boost cloud modernization on Microsoft Azure. This includes cloud mass ingestion services that streamline complex integrations with high-performance ingestion of enterprise files and databases from cloud and on-premises sources.
 

Digital transformation amid COVID-19 to assert influence on hybrid integration market trends:

Introduction of varied policy measures like social distancing to contain the spread in the coronavirus has pronounced impacts on the retail sector, resulting in the closure of the non-essential retail stores during the initial phase of the pandemic. These factors may have hindered the hybrid integration industry share from the sector, as hybrid cloud integration systems are integral components in retail applications. However, the industry may regain traction over the forthcoming years, due to the mounting shift of enterprise operations to the cloud and the rapid digital transformation induced by the crisis.
 

This hybrid integration market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD from 2017 to 2028 for the following segments:

Market, By Integration Type, 2017-2028 (USD Million)

  • Data Integration
  • B2B Integration
  • Application Integration
  • Cloud Integration

Market, By Service Type, 2017-2028 (USD Million)

  • Digital Business Services
  • Professional Services

Market, By Organization Type, 2017-2028 (USD Million)

  • Large Organizations
  • Small and Medium Enterprises (SMEs)

Market, By Application, 2017-2028 (USD Million)

  • BFSI
  • Manufacturing
  • IT & Telecommunication
  • Retail
  • Healthcare
  • Government & Public Sector
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • Australia & New Zealand (ANZ)
    • South Korea
    • India
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • UAE
    • Saudi Arabia
    • Israel

 

What Information does this report contain?

Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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