PUBLISHER: KBV Research | PRODUCT CODE: 1292555
PUBLISHER: KBV Research | PRODUCT CODE: 1292555
The Asia Pacific Application Integration Market would witness market growth of 20.9% CAGR during the forecast period (2023-2029).
Data mapping outlines the intended information exchange. For instance, when users fill out and post contact forms in a single application, this event may start off processes that link those form fields to similar datasets on other apps, allowing the information the user entered to be categorized by last name, first name, status, etc. As a result, exporting data is made simpler, facilitating easier categorization and analysis.
By automating the business processes through application integration, one may give the employees more time to work on other aspects of the business that will benefit from their expertise. In addition, people save a ton of time by not having to copy/paste data between programs. Important procedures that can be digitized include ordering & fulfillment, collections, expenses, approvals, invoicing, and more.
During the projection period, the demand in this region is anticipated to increase significantly. The region's adoption is also fueled by government programs to enhance the digital infrastructure. In addition, due to the significant growth in local manufacturing and high energy demand, the region is anticipated to experience significant growth. China, Japan, Singapore, and Australia are among the nations that have adopted iPaaS across a variety of industries, including manufacturing, energy & utilities, retail & consumer goods, BFSI, as well as telecommunications. This is due to the increasing prevalence of cloud and mobile technologies as well as changing work dynamics.
The China market dominated the Asia Pacific Application Integration Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $3,753.1 million by 2029. The Japan market is estimated to grow at a CAGR of 20.2% during (2023 - 2029). Additionally, The India market would showcase a CAGR of 21.7% during (2023 - 2029).
Based on Integration Type, the market is segmented into Integration Platform as a Service, Enterprise Application Integration, Point-To-Point Integration, Hybrid Integration and Enterprise Service Bus. Based on Application, the market is segmented into Enterprise Resource Planning, Customer Relationship Management, Human Resource Management System, Supply Chain Management & Business Intelligence, and Electronic Health Record Management & Others. Based on Offering, the market is segmented into Platforms and Services. Based on Vertical, the market is segmented into BFSI, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Energy & Utilities, Automotive, Transportation & Logistics, Government & Public Sector and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Hewlett-Packard Enterprise Company, IBM Corporation, Microsoft Corporation, Salesforce, Inc. (MuleSoft), Oracle Corporation, SAP SE, Software AG, Tibco Software, Inc. (Vista Equity Partners) and Itransition Group.
Market Segments covered in the Report:
By Integration Type
By Application
By Offering
By Vertical
By Country
Companies Profiled
Unique Offerings from KBV Research
List of Figures