Insight into Market Segmentation of Integration Platform as a Service (iPaaS) Market by 2022

1. Integration Platform as a Service Market Insights By Service Type,  Deployment Type, Organization Size, Industry Vertical, Growth and Demand Forecast to 2022

2. Global iPaaS market is projected to reach $4,054 million by 2022, growing at a CAGR of 40.4% during 2017 - 2022. As per the research, the global iPaaS market has been growing in double-digits. iPaaS is a cloud integration platform that integrates application and databases. It can also be defined as a set of cloud based suit, which helps in enabling end-users to develop, manage, govern and integrate application and services as a single, integrated infrastructure. The increasing demand across various end-use industries including telecommunication, BFSI, manufacturing, healthcare & life sciences, education, consumer goods & retail, government & public sector and media & entertainment coupled with growing awareness about iPaaS among enterprises, is likely to spearhead the growth of the global iPaaS market.

3. Insights into Market Segments Telecommunication contributes with highest revenue to the iPaaS market, while BFSI, healthcare and life sciences, government and public sector, manufacturing, media and entertainment, consumer goods and retail and education are the other major types of iPaaS. The market for iPaaS in government & public sector is likely to register the highest growth during the forecast period on account of growing data traffic, rising government spending towards advance technology and growing security concern. On the basis of deployment type, hybrid cloud has been the largest revenue generator in the global iPaaS market owing to growing adoption of cloud services, rising awareness level and increasing security concern among enterprises. Based on organization size, large enterprises have been the larger revenue generating segment in global iPaaS market, due to the growing need for business agility, increasing focus of the companies towards reducing cost of ownership along with rising adoption of cloud services.

4. Geographically, North America has been the largest market for iPaaS and Asia-Pacific has been the fastest growing regional market. The market in the region is also expected to grow at rapid pace during the forecast period. The U.S. stands as the largest market globally, whereas the market in India has been growing at highest pace. Some of the key players operating in the global iPaaS market are Informatica, Boomi Inc., MuleSoft, Inc., SnapLogic, Inc., Celigo, Inc., Jitterbit, Inc., IBM Corporation, Oracle Corporation, DBSync Ltd and Scribe Software Corporation. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/integration-platform-as-a-service-market/report-sample

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