PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529899
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529899
The global integration & orchestration middleware market is estimated to be valued at US$ 21.36 Bn in 2024 and is expected to reach US$ 31.53 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 21.36 Bn |
Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: | 5.70% | 2031 Value Projection: | US$ 31.53 Bn |
The integration of applications, databases, and business processes across enterprises is crucial for improving efficiency and enabling better collaboration. Global integration and orchestration middleware refers to the category of software technologies that enables the seamless flow of data and business processes between diverse applications, databases, and business partners. With growing digital transformation activities worldwide, the adoption of middleware solutions is increasing to facilitate application integration and data exchange between on-premises and cloud-based systems. Integration middleware acts as a bridge between different systems, managing data flow, monitoring transactions, and ensuring interoperability. They help organizations derive more value from their existing IT investments by allowing different applications and platforms to communicate with each other.
The global integration & orchestration middleware market is driven by the rising need for digital transformation and modernization of legacy applications. Many enterprises are investing heavily in middleware to support their hybrid IT strategies involving both on-premises and cloud-based systems. The growing adoption of cloud computing and microservices is also propelling the demand for middleware that can manage and coordinate communication between cloud-native and traditional applications. However, data security concerns and the lack of interoperability standards pose challenges for the smooth adoption of middleware technologies. On the other hand, the rising adoption of API management and integration platform as a service (iPaaS) is expected to create significant growth opportunities. Consumerization of IT is another major trend leading more organizations to embrace middleware for application integration.