The application integration market size is projected to grow from USD 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. The rising need to eliminate data silos and improve productivity is driving the growth of the application integration market.
These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches, to expand their presence in the application integration market.
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Salesforce is a CRM technology provider that connects sales, marketing, commerce, and IT services, bridging the gap between companies and their customers. It offers a CRM platform, Customer 360, with integrated collaboration capabilities and connects customer data across systems, apps, and devices. The company caters to businesses worldwide through direct sales and indirectly through partners. It serves various industries, including automotive, communications, consumer goods, energy & utilities, financial services, healthcare and life sciences, retail, manufacturing, and many more. The brand portfolio of Salesforce comprises Tableau, Slack, Mulesoft, and Heroku. The customer portfolio of Salesforce, and Mulesoft, includes AT&T, Bayer Corporation, RBC Wealth Management, SMCP Group, AXA Luxembourg, and others. In July 2021, Salesforce acquired Slack, an instant messaging system that digitally connects employees, customers, partners, and systems with applications and workflow. Salesforce offers Mulesoft integration platform under its Mulesoft brand comprising the Mulesoft Anypoint platform and MuleSoft Composer for Salesforce.
IBM is a multinational consulting and technology corporation that offers consulting, infrastructure, and hosting services. The company operates through five major business segments: software, consulting, infrastructure, financing, and others. Through its software segment, the company focuses on software solutions for hybrid cloud platform, data and AI, automation, and security. The company’s consulting segment comprises three business areas: business transformation, technology consulting, and application operations. Its infrastructure segment includes hybrid infrastructure and infrastructure support. Through its financing segment, the company caters to client financing and commercial financing. IBM caters to various industry verticals, including financial services, consumer goods, energy, government, retail, telecommunications, etc. The company has a dominant presence in the Americas, Europe, the Middle East & Africa, and Asia Pacific with clients in more than 175 countries. In the application integration market, IBM offers the IBM Application Integration suite, comprising IBM Integration Bus Advanced, IBM WebSphere Cast Iron Hypervisor Enterprise Edition, and IBM API Connect Professional. The company’s offerings include IBM Cloud Pak for Integration and IBM App Connect.
SAP is a key player in the Application Integration Market, offering a comprehensive suite of integration solutions to streamline business processes and enhance operational efficiency. With its extensive experience in enterprise software and cloud technologies, SAP provides robust integration platforms such as SAP Cloud Platform Integration and SAP Process Orchestration. These solutions enable seamless connectivity between diverse applications, data sources, and systems, facilitating real-time data exchange and automation of workflows. SAP's focus on interoperability, scalability, and security ensures that organizations can efficiently integrate their applications and data assets, driving agility and innovation across the enterprise.
Oracle is a prominent player in the Application Integration Market, offering a range of innovative solutions to address the complex integration needs of modern enterprises. Leveraging its expertise in database technologies and cloud computing, Oracle provides robust integration platforms such as Oracle Integration Cloud and Oracle SOA Suite. These platforms enable seamless connectivity between disparate applications, systems, and data sources, facilitating efficient data exchange and business process automation. Oracle's focus on scalability, reliability, and security ensures that organizations can achieve seamless integration across their IT landscapes, enabling them to adapt quickly to changing business requirements and drive digital transformation initiatives effectively.
Informatica is a leading provider of data integration and management solutions, playing a key role in the Application Integration Market. With its comprehensive suite of products and services, Informatica enables organizations to seamlessly integrate data from various sources, including on-premises systems, cloud applications, and big data platforms. The company's flagship offering, Informatica Intelligent Cloud Services (IICS), provides a unified platform for data integration, application integration, and data quality management, empowering enterprises to achieve faster time-to-value and greater agility in their digital initiatives. Informatica's focus on data governance, security, and scalability ensures that organizations can trust their data integration processes while leveraging the full potential of their applications and systems to drive business innovation and growth.
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Application Integration Market by Offering (Platforms and Services), Integration Type, Application (Customer Relationship Management, Enterprise Resource Planning), Vertical (BFSI, Retail & eCommerce, Automotive) and Region - Global Forecast to 2028
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