The Enterprise Application Integration Market is Segmented by Deployment Type (On-premise, Cloud, Hybrid), by Organization Size (Large Enterprises, Small and Medium-sized Enterprises), by End-user Industry (BFSI, IT and Telecom, Healthcare, Retail, Government, Manufacturing), and by Geography.
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Scope of the Report
Key Market Trends
TABLE OF CONTENTS
Fastest Growing Market:
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The Enterprise Application Integration market is expected to register a CAGR of 15.42%, over the forecast period 2020 - 2025. The trend of cloud application in IT is expected to drive the enterprise application integration market during the forecast period.
There is a shift toward virtual enterprise linking application systems, from various companies in the supply chain. Significant developments in peer-to-peer networking and distributed processing have made it possible for businesses to better integrate their functional departments, partners, and suppliers, for better SCM and CRM.
Enterprises are relentlessly moving ahead with modern technology. Technologies, such as cloud computing, Big Data, IoT, and others, streamline information sharing and provide ease in controlling data. Business organizations are quick to implement EAI that helps in uniting the databases and workflows. Trends, such as diverse workflow solutions, BYOD, migration to cloud-based solutions, and real-time application integration, are driving the market’s growth positively.
Many organizations are switching to cloud-based integrated solutions from on-premise models which is expected to drive the market demand. The competitive pricing, proper maintenance, and faster connectivity, while running multiple applications make cloud storage a more convenient option.
Adoption of on-premise solutions is expected to be significantly impacted owing to the Covid-19 pandemic, as the industrial economic activities are down and it will take sometime for normal functioning to resume.
However, companies are offering cloud solutions for adoption for EAI by businessess during the pandemic. For instance, Zoho, provider of business-related apps for customer service, marketing, and more is making enterprise apps free for coronavirus-impacted SMBs. It is also letting companies use its products for free during the coronavirus pandemic. Zoho’s tools include assistance with customer service applications, marketing, collaboration and production tools, back-office work, and accounting, all of which will be available for free.
Scope of the Report
Enterprise application integration software refers to server software, hardware, or virtual appliances installed on-premise inside a data center, or offered in a public or private cloud, to integrate applications. Integration software programs support the transfer of data to an endpoint, using a web service, or receive data or request the execution of business logic, by deploying a web service.
These tools are being used by various industries for improving business operations. The end-user industries, considered under the scope, include BFSI, healthcare, IT and telecom, retail, and other end-user Industries.
Small and Medium-sized Enterprises
IT and Telecom
Other End-user Industries
Middle-East and Africa
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Key Market Trends
Adoption of Cloud in IT and Telecom is Expected to Drives the Market
The demand for EAI solutions in the IT industry is majorly driven by the adoption of cloud platforms. This is expected to drive the demand for EAI solutions, in the segment. IT majors have grown to become some of the most valuable firms, in their respective countries. Thus, to maintain a competitive edge, they are also shifting to cloud deployment.
The telecom sector is in a state of flux. This is due to rapidly developing technologies, growing demand, diversity in client base, demand for current products and services at cheaper prices, and the merging of multiple industries, like cable and satellite, with established telecoms. Thus, the adoption of EAI is expected to enable CSPs (cloud service providers) to maintain and manage diverse systems and applications across multiple functions, by allowing them to accomplish logical business process integration, among various disparate application systems.
The adoption of cloud platforms also serves as a way to integrate various applications, facilitate new and expanded channels, manage costs, manage private cloud, improve access to client data, and other better services.
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North America to Account for Significant Market Share
The region has a high rate of adoption from almost all the end-user segments in the region, especially contributed by the demand from the United States. The major end-user segments driving the market include retail, BFSI, and manufacturing.
E-commerce sector is also one of the primary sources of demand for EAI solutions. The U.S. retail e-commerce sale for the third quarter 2019 was estimated to increase by 16.9% from the third quarter of 2018, while total retail sales increased by 4.0% in the same period, accounting for 11.2% of total sales. EAI solutions are increasingly being used to connect the backend systems of e-commerce websites to facilitate quick decision making and ensure the ready availability of data.
With the advent of Industry 4.0 policies and the United States targeting to bring back production establishments into the country, there has been a considerable increase in usage of EAI solutions in the manufacturing sector.
Further, stable banking and financial sector in both the United States and Canada, due to recovering oil and gas sector, a primary contributor to the region's economy, is increasingly tending toward quality digital services with the help of EAI solutions.
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The major players include IBM Corporation, Fujitsu Ltd, Microsoft Corporation, MuleSoft, Oracle Corporation, SAP SE, Software AG, Tibco Software Inc., among others. The market is fragmented and there is high competition among the players.
August 2019 - TwoConnect, modern integrated applications, and data solutions experts, recently announced the availability of its BizTalk Migrate/Upgrade to Azure Cloud 3-Day PoC migration consulting service in the Microsoft Azure Marketplace, online store providing applications, and services for use on Microsoft Azure. TwoConnect customers can now take advantage of the scalability, high availability, and security of Azure, with streamlined deployment and management.
May 2018 - MuleSoft, launched Titan, the latest release of Anypoint Platform that features new capabilities to easily deploy, secure, and monitors composite applications across cloud environments. Anypoint Platform unlocks the power of API-led connectivity, allowing organizations to connect apps, data, and devices more rapidly and efficiently. With the Titan release, IT achieves greater agility and flexibility with a new multi-cloud container service for Mule runtimes, a modern security model for distributed architectures, and an advanced monitoring solution for end-to-end visibility.