Integration And Orchestration Middleware Market Research Report [ 2023-2033] -Latest Trends, Demand,

Govind Pmr08 Mar, 2023Technology

Persistence Market Research estimates that the?integration and orchestration middleware market, currently valued at US$8.8 billion, will reach US$15 billion by year?s end, growing at a CAGR of 7.1%. This market will be impacted by a number of other technological trends in addition to the widespread acceptance of cloud computing, the rapidly growing digital transformation, and the soaring popularity of API management. Regional analysis reaffirms the preeminence of North America, foreseen to capture over 38% value share in 2024, representing a value of over US$ 5.8 Bn. Europe will remain the second largest regional market for integration and orchestration middleware market with over 27% share in 2024. Asia Pacific, poised to register the highest CAGR of 7.6%, will also represent a sizeable market share of over 15%. Growth of middleware deployment markets in China, Japan, and India are primarily identified to boost the Asian market over the next few years.