Application Infrastructure Middleware Market REPORT OVERVIEW
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The global application infrastructure middleware market size is expected to grow from USD 26150 million in 2021 and market is projected to touch USD 40386.41 million by 2031, at a compound annual growth rate (CAGR) of 4.1% during the forecast period.
Application infrastructure middleware (AIM) is an operating system method for regulating among networked operating systems and applications. It is typically configured between the applications and operating systems running on many servers. Some of the most popular application infrastructure middleware solutions include B2B middleware, enterprise service buses, message-oriented middleware, financial transaction monitors, and business process management. To integrate existing and new applications into the cloud, they are delivered using public, hybrid, or private cloud computing platforms. They can also be additionally connected with message-oriented middleware (MOM), remote procedure calls (RPC), database, transactional, device, portal, and robotics middleware. As a result, AIM has several applications in a variety of industries, including banking, financial services, and insurance (BFSI), information technology (IT), telecommunications, and healthcare.
COVID-19 Impact: Increase in Requirement for AIM Solutions led to the Expansion of the Market
There has been a marked increase in the need for application infrastructure middleware (AIM) solutions for running application programming interfaces (APIs) as well as other electronic and distributed infrastructures as the coronavirus illness (COVID-19) has spread across the globe. Additional factors, such as the expanding use of wireless 5G networks and major advancements in the information technology (IT) infrastructure, are predicted to propel the market toward expansion.
LATEST TRENDS
"Collaboration between Programmers and Service Providers to Create Comprehensive IoT Solutions"
To assist programmers and service providers in developing IoT solutions, Verizon and Microsoft Azure teamed in July 2020. Under the parameters of the new alliance, developers should have access to the parts required to create comprehensive IoT solutions, namely Verizon's secure connectivity and critical asset sensor (CAS) gadgets.
Application Infrastructure Middleware Market SEGMENTATION
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- By Type
Based on type, the market is distributed into Cloud and On-premise
- By Application
Based on application, the market is divided into BFSI, IT & Telecommunication, Healthcare, Retail, Government and Others
DRIVING FACTORS
"Growing Acceptance of Cloud Computing Services aids in Expanding the Market"
One of the main factors boosting the market expansion for application infrastructure middleware is the rising acceptance of cloud computing services across sectors. In order to transform complex, already-existing systems into software-as-a-service (SaaS) offerings, corporations adopt AIM solutions. Additionally, the increased use of internet of things (IoT) enabled devices is boosting market expansion. Mission-critical, customer-focused systems and assets can be migrated and rebuilt with better integration and orchestration thanks to this. In addition to improved enterprise mobility, data security, and management of remote devices and databases, application infrastructure middleware also plays a role in the expansion of this industry.
"Rise in Adoption of Cloud Services by Large Scale Businesses Because of the Various Advantages it Offers"
High scalability, minimal latency, and enhanced performance are just a few advantages of cloud-based solutions. Application infrastructure middleware can be used to migrate existing on-premises programs to the cloud. It helps with the seamless transition to cloud-based deployment. As a result, many significant organizations are promoting the usage of cloud services. Thus, the market is anticipated to advance due to the growing utilization of cloud services.
RESTRAINING FACTORS
"Data Breach Threat and Privacy and a Scattered Market may Hinder with the Market Growth"
Data can be gathered, transformed, governed, and shared via open-source technologies. These solutions obstruct the market for application infrastructure, which is expanding, because they threaten data security and privacy. A fragmented market results from the availability of open-source middleware, which also makes the market accessible to a number of small businesses. These elements might limit the application infrastructure middleware market growth.
Application Infrastructure Middleware Market REGIONAL INSIGHTS
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"Rising Population of the Internet and Increase in Investments helps the Asia Pacific to Lead in the Market"
A thriving information technology (IT) industry is found throughout Asia Pacific. Additionally, due to the rising popularity of the internet and the widespread adoption of cloud-based services by businesses, the application infrastructure middleware market share is expanding at the quickest rate in the region. Additionally, the market is expected to grow throughout the forecast period as a result of increased investments in cloud infrastructure. Growth potential for the industry is provided by improvements in the caliber of hardware, software, and services as well as by encouraging government initiatives.
KEY INDUSTRY PLAYERS
"Investments and Growth Strategies Utilized by the Players to Maintain their Industry Positions"
The region has a sizable presence of internet of things (IoT) platform vendors, which benefits the expansion of the application infrastructure middleware market. Vendors continue to invest in their R&D resources to create IoT platforms with enhanced features. Companies from different industries are concentrating on organic growth tactics like new launches, product approvals, and other things like patents and events. Acquisitions, collaborations, and partnerships were examples of inorganic growth tactics that were seen in the market. These actions have made it possible for market players to expand their clientele and business. With the market for application infrastructure middleware experiencing increased demand, these industry participants are expected to have attractive growth prospects in the future.
List of Market Players Profiled
- IBM (U.S.)
- Oracle (U.S.)
- TIBCO Software (U.S.)
- Salesforce.com (U.S.)
- SAP SE (Germany)
- Microsoft (U.S.)
- Software AG (Germany)
- Red Hat (U.S.)
- Fujitsu (Japan)
- Cisco Systems (U.S.)
- Informatica (U.S.)
- Unisys Corporation (U.S.)
REPORT COVERAGE
This report covers the application infrastructure middleware market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2028. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 26150 Million in 2021 |
Market Size Value By |
US$ 40386.41 Million by 2031 |
Growth Rate |
CAGR of 4.1% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the application infrastructure middleware market expected to touch by 2031?
The application infrastructure middleware market is expected to reach USD 40386.41 million by 2031.
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What CAGR is the application infrastructure middleware market expected to exhibit by 2031?
The application infrastructure middleware market is expected to exhibit a CAGR of 4.1% by 2031.
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Which are the driving factors of the application infrastructure middleware market?
Growing acceptance of cloud computing services and improved enterprise mobility aids in expanding the market and rise in adoption of cloud services by large scale businesses because of the various advantages it offers are the driving factors of teh application infrastructure middleware market.
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Which are the top companies operating in the application infrastructure middleware market?
IBM, Oracle, TIBCO Software, Salesforce.com, SAP SE, Microsoft, Software AG, Red Hat, Fujitsu, Cisco Systems, Informatica and Unisys Corporation are the top companies operating in the application infrastructure middleware market.