Integration Platform as a Service(IPaas) Market

In simplest terms, iPaaS is a platform for building and deploying integrations within the cloud based and on premises software. With iPaaS, users can develop integration flows that connect applications residing in the cloud or on-premises and then deploy them without installing or managing any hardware or middleware. Here is the characteristic of iPaaS product:

1. Is designed to support enterprise-class integration initiatives — that is, initiatives that require high availability, disaster recovery, security, SLAs and technical support from the provider.
2. Provides user experiences that enable end users to develop and manage integrations independent of the iPaaS provider’s professional services. These experiences must support multiple integration personas, particularly integration specialists and ad hoc integrators.
3. Offers capabilities for executing multiple integration scenarios, including real-time application integration, batch data integration and B2B integration.
4. Provides API management capabilities to support integration.
5. Is fully managed by the vendor for patching and upgrades.

Due to the COVID-19 pandemic, the global Integration Platform as a Service (iPaaS) market size is estimated to be worth US$ 5046 million in 2021 and is forecast to a readjusted size of US$ 5046 million by 2028 with a CAGR of 25.0% during the review period.

Fully considering the economic change by this health crisis, by Type accounting for % of the Integration Platform as a Service (iPaaS) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Integration platform as a service (iPaaS) is mainly classified into the following types: cloud based, on premises and hybrid. Cloud based is the most widely used type which takes up about 45% of the global market.

North America is the largest region of integration platform as a service (iPaaS) in the world in the past few years and it will keep increasing in the next few years. North America market took up about 56% the global market, while Europe and APAC were about 22%, 12%.

Boomi, Informatica, MuleSoft (Salesforce), Talend, SnapLogic and TIBCO Software, etc. are the key suppliers in the global integration platform as a service (iPaaS) market. Top 5 took up 56% of the global market.

Integration Platform as a Service(IPaas) Market Scope

The global Integration Platform as a Service (iPaaS) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Integration Platform as a Service (iPaaS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

Segment by Type

• Cloud Based
• On Premises
• Hybrid

Segment by Application

• BFSI
• Consumer Goods and Retail
• Education
• Government and Public Sector
• Healthcare and Life Sciences
• Manufacturing
• Others

BY REGION

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

BY COMPANY

• Adaptris (RELX)
• Boomi
• Celigo
• Cloud Elements (UiPath)
• IBM
• Informatica
• Jitterbit
• Microsoft
• MuleSoft (Salesforce)
• Oracle
• SAP
• SnapLogic
• Software AG
• Talend
• TIBCO Software
• Tray.io
• Workato