According to the latest report by IMARC Group, titled “Application Infrastructure Middleware Market: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the application infrastructure middleware market share. The global application infrastructure middleware market reached a value of US$ 47.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 83.1 Billion by 2027, exhibiting a CAGR of 9.7% during 2022-2027.
Application infrastructure middleware (AIM) is a software program that acts as an intermediary among the networked operating systems and applications. It includes business-to-business (B2B) middleware, message-oriented middleware, enterprise service bus, business process management, and transaction processing monitors. It provides reliable solutions to frequently encountered issues, such as interoperability, heterogeneity, security, and dependability. As a result, AIM finds extensive application in various industries, including banking, financial services and insurance (BFSI), information technology (IT) and telecommunication, and healthcare.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The widespread adoption of cloud computing services in numerous organizations to transform existing applications into software-as-a-service (SaaS) solutions are positively influencing the market. In addition, the increasing utilization of the internet of things (IoT) integrated devices is creating a positive market outlook for AIM solutions to operate application programming interfaces (APIs) and other digital infrastructures. Moreover, the rising deployment of wireless 5G networks and the significant improvement in the information technology (IT) infrastructure are propelling the market growth.
Breakup by Type:
Server-based
Client-based
Breakup by Component:
Software
Services
Breakup by Organization Size:
Small and Medium Enterprises
Large Enterprises
Breakup by End Use Industry:
BFSI
IT and Telecommunication
Healthcare
Retail
Government
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Cisco Systems Inc
Fujitsu Limited
International Business Machines Corporation
Informatica LLC
Microsoft Corporation
Oracle Corporation
Salesforce.com Inc
SAP SE
Software AG
TIBCO Software Inc
Unisys Corporation
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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