The recent years have recorded an upsurge in the demand for API (application programming interface) management. This has led to an increase in the adoption of integration & orchestration middleware solutions owing to rising digitalization across various regions.
According to Business Research Insights, the global integration & orchestration middleware market size was USD 11.27 billion in 2021 and is projected to reach USD 15.95 billion by 2028, exhibiting a CAGR of 5.0% over 2022 to 2030. The market growth is majorly being driven by rising consumerization, which enables end users to integrate and automate their own applications.
An Analysis of the Regional Landscape:
How will the market fare in North America?
The North America market for integration & orchestration middleware is expected to register appreciable expansion over the estimated period. The surge is driven by an escalation in consumerization in the region. The market expansion is further favored by the presence of key industry participants. These companies are adopting a series of initiatives and developing a range of solutions for catering clientele requirements.
Examining the Asia Pacific Market Scenario
In March 2022, findings from a study unveiled organizational silos hindering companies in Asia from integrating their applications for delivering good user experiences.
According to Mulesoft’s 2022 Connectivity benchmark report’s Asia Pacific edition, organizations in the region deploy 1,020 individual applications. The number is higher than those in Europe and the U.S. However, on average, only 28% of these applications are integrated.
As per sources, there is not always a consistent automation and integration platform. Therefore, each team implements their integration in their own manner. And those hard coded and point-to-point integrations tend to be more failure-prone as there is a change in the systems around.
What are the Major Drivers Propelling the Market?
The integration & orchestration middleware demand is being impelled by rising innovation in the field of IoT. Additional factors favoring industry growth comprise the growing inclination toward cloud-based middleware and the evolution of API (application programming interface). The arrival of new technologies is expected to propel industry expansion over the estimated period.
An Overview of the Steps Taken by Leading Industry Participants
Major market players are centered on formulating and implementing an array of strategic steps for strengthening the positions of their businesses. These include merger agreements, partnerships, acquisitions, and the launch of new solutions. Besides, several integration & orchestration middleware companies are undertaking research activities and participating in trade fairs for enhancing their business prospects.
Some of the major players operating in the market comprise:
- OpenText (Canada)
- Infor (U.S.)
- Covisint (U.S.)
- IBM (U.S.)
- Oracle (U.S.)
- TIBCO Software (U.S.)
- SWIFT (Belgium)
- Microsoft (U.S.)
- SPS Commerce (U.S.)
- Axway (France)
These companies are specialized in the provision of various services and help clients in tackling various challenges. For instance:
- Infor is a world leader in the area of business cloud software solutions. The company builds industry suites in the cloud, enabling clients to efficiently deploy technology that leverages data science, puts user experience first, and easily integrates with other systems.
- Opentext helps clients in tackling the most complex digital transformation programs. The company empowers customers to integrate, organize, and protect content and data as flows inside and outside an organization via business processes.
Furthermore, industry players are adopting various initiatives to consolidate their market positions:
Considering an instance, in April 2023, data observability firm Monte Carlo announced an integration with Fivetran, an automated data movement platform. Fivetran provides users the ability to boost data incident resolution and detection via the addition of monitoring to data pipelines at the creation point. The announcement made Monte Carlo the first data company to the layer of data observability to the entire orchestration layer, after integrations with dbt Cloud, dbt Core, and Airflow were announced in 2022.
To consider yet another instance, in January 2023, the platform engineering team in MDEE (Microsoft Digital Employee Experience) wanted to enhance the performance, resiliency, and capabilities of the on-premises integration platform. For achieving this, the team deployed Microsoft Azure Integration Services for building a cloud-based iPaaS (integration Platform as a Service) solution. The solution helps increase integration and data-transaction throughput capabilities for enhanced platform reliability and enterprise data footprint.
Way Ahead
The coming years are expected to register a considerable demand for integration & orchestration middleware solutions across various regions. This is on account of the growing digital transformation and increased product deployment for a range of applications.