Hybrid Integration Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

Hybrid Integration Market size projected to experience a healthy growth during 2023 to 2032, driven by the rapid transition of IT infrastructure and enterprise services toward the cloud to leverage the benefits of enhanced service quality and reduced IT costs. 
 

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. Besides, it helps application developers and integration specialists deploy a scalable IT infrastructure while enabling asynchronous information exchange.
 

The semiconductor sector, which was making a gradual recovery from the crippling effects of the COVID-19 pandemic, is further experiencing a noticeable setback because of the heightening inflation and ongoing Russia-Ukraine war. This has resulted in a steep rise in on-premises equipment, storage, servers, and professional servers, substantially impacting IT budgets. With enterprises being under immense pressure to cut costs and the chip shortage expected to worsen in the near future, the hybrid integration market may witness a moderate slowdown in the forthcoming years.
 

Emergence of SaaS solutions as a fast-growing segment in the IT industry will foster the hybrid integration market trends through 2032. 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.
 

Based on organization type, the SMEs (small and medium enterprises) segment will account for a commendable share of the hybrid integration market by 2032. This can be attributed to the increasing development of hybrid IT environments that adopt both on-premise and hosted solutions for SMEs to leverage cloud-based voice and data services. 
 

Regarding the application landscape, the BFSI sector is anticipated to depict a high growth rate till 2032, driven by the increased reliance of the banking sector on hybrid cloud and AI solutions to accelerate digital transformation. This apart, the proliferation of online services across the banking sector will escalate product acceptance over the next ten years.
 

The Middle East and Africa hybrid integration market is slated to amass tremendous gains by 2032, due to the accelerating transition of businesses from traditional processes to digital ones in countries such as 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.
 

Major players involved in the hybrid integration market 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). These companies 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 the cloud and on-premises sources.

This hybrid integration market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD from 2018 to 2032, for the following segments:

Market, By Integration Type

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

Market, By Service Type

• Digital Business Services
• Professional Services

Market, By Organization Type

• Large Organizations
• Small and Medium Enterprises (SMEs)

Market, By Application

• 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?