Hybrid Integration Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, India, Japan, Australia & New Zealand, South Korea, Southeast Asia, Brazil, Mexico, Argentina, UAE, Saudi Arabia, Israel, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI4134
Hybrid Integration Market size is expected to grow significantly over the forecast period due to growing inclination toward digital platforms in enterprises and increasing adoption of cloud computing platforms in enterprises to increase efficiency and speed up business processes. The advancement in cloud computing technology, such as Integration Platform as a Service (iPaaS), will further surge the market growth. Hybrid integration solution also increases data security and reliability of data management and governance processes, resulting in the growth of the hybrid integration market.
Hybrid integration allows seamless and secure integration of on-premise and cloud-based applications with the help transport layer security technology. It enables businesses to integrate their existing processes and applications including databases, warehouses, and applications & legacy systems with cloud-based solutions such as Software as a Service (SaaS), Business-to-Business (B2B), Business-to-Consumer (B2C), Bring Your Own Device (BYOD), and big data. Hybrid integration enables enterprises to adapt to changing IT requirements, increase speed, and reduce the complexity of data management processes due to which the adoption of hybrid integration platform among enterprises will increase over the forecast timeline.
North America is expected to hold a significant portion of the hybrid integration market due to increasing government investments in cloud computing technology. For instance, the U.S. Defense Department invested approximately USD 10 billion in the Joint Enterprise Defense Infrastructure (JEDI) cloud contract to bring the entire military under the envelope of a single cloud provider. Deployment of the hybrid cloud model is increasing in the region due to associated benefits such as improved business efficiency, enhanced business scalability, and reduced IT costs. The adoption of hybrid integration platforms with advancements, such as data integration tools, Application Programming Interface (API) management, and Integration Platform as a Service (iPaaS), to enhance data security and simplify the IT network complexity is also fueling the market growth in the region.
APAC is expected to show rapid growth over the forecast period due to rising digitalization initiatives and heavy investments in cloud computing technology by enterprises to improve their IT infrastructure. The increasing need for interconnecting IoT devices, infrastructure endpoints, and enterprise applications will surge the demand for hybrid integration platforms. Also, rising government investments in cloud computing in several Asian countries including China, Southeast Asia, and India will further surge the market growth in this region. For instance, China’s National Development and Reform Commission (NDRC) entered into an agreement with the China Development Bank to invest USD 15 billion in big data and cloud computing to support and enhance the digital economy. Cloud solution providers are increasing their presence in regional markets to cater to growing customer demands. For instance, in April 2019, Google Cloud opened new Google Cloud regions in Seoul (South Korea) to expand globally and track multinational customers doing business in South Korea.
The companies operating in the hybrid integration market are involved in new product developments and making advancements in their existing products to hold their grid in the market. For instance, in November 2018, Informatica launched the next-generation of Integration platform as a service (iPaaS) along with Informatica Intelligent Cloud Services (IICS). The new platform ensures high data quality and security in the cloud and supports cloud-based master data management. Some of the companies operating in the market are focusing on partnerships to provide advanced hybrid integration solutions to the market. For instance, in June 2018, Cisco was selected as the Google Cloud Technology Partner to deliver technologically advanced hybrid cloud. This partnership led to the integration of extensible solutions of Google with Cisco’s networking, management, and security technologies as well as open-source components. This partnership helped the company to deliver enhanced multi-cloud and hybrid cloud experience to customers. The players operating in the hybrid integration market are MuleSoft, LLC, TIBCO Software Inc, Software AG, Informatica, Boomi, Inc., IBM Corporation, Oracle Corporation, Liaison Technologies Inc, WSO2, Red Hat Inc, Microsoft Corporation, SnapLogic Inc, Axway Inc, Seeburger, RoboMQ, Fiorano Software, Attunity Ltd, Talend, Elastic.io, and Built.io.
Hybrid Integration Market, By Integration Type, 2014-2025 (USD Million)
- Data Integration
- B2B Integration
- Application Integration
- Cloud Integration
Hybrid Integration Market, By Service Type ,2014-2025 (USD Milli
- Digital Business Services
- Professional Services
Hybrid Integration Market, By Organization Type ,2014-2025 (USD Milli
- Large Organizations
- Small and Medium Enterprises (SMEs)
Hybrid Integration Market, By Application, 2014-2025 (USD Million)
- IT & Telecommunication
- Government & Public Sector
The above information has been provided for the following regions and countries:
- North America
- Australia & New Zealand (ANZ)
- South Korea
- Southeast Asia
- Latin America
- South Africa
- Saudi Arabia
- MuleSoft, LLC
- TIBCO Software Inc
- Software AG
- Boomi, Inc.
- International Business Machines Corporation
- Oracle Corporation
- Liaison Technologies Inc
- Red Hat Inc
- Microsoft Corporation
- SnapLogic Inc
- Axway Inc
- Fiorano Software
- Attunity Ltd
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