Cloud Integration Market - Forecast(2021 - 2026)

 

Cloud Integration Market Overview

The global Cloud Integration Market is estimated to surpass $6.7 billion mark by 2026 growing at an estimated CAGR of more than 14.9% during the forecast period 2021 to 2026. Cloud integration is a process of integrating a system of tools and technologies that connect the various Systems, Applications, Data process, Repositories, and IT environments. The main aim of cloud integration is to connect different elements of various cloud and local resources into a single environment that allows administrators to smoothly access and control various applications, data, services, and systems. The demand of cloud based integration is increasing owing to their faster connectivity to run multiple application. Adoption of cloud integration is rising in various organization owing to cost-effective and flexible solutions which are driving the growth of this market. E-commerce data integration provides a significant improvement in functionality and provide security. It also helps to save time and increase productivity which are driving the growth of the market.


Report Coverage

The report: “Cloud Integration Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Cloud Integration Market.
By Type: Integration Platform as a Service (IPASS), Big Data Integration Platform, Cloud Migration, E-Commerce Data Integration, Enterprise Service Bus (ESB), Extract Load & Transform (ETL) and Stream Analytics.
By Methods: Data Integration, Application Integration.
By Deployment Model: PaaS, IaaS, SaaS.
By Application: ERM, CRM, DBMS.
By End Use Industry: Banking, Financial Services and Insurance, Education, Public Sector Utilities, Healthcare and Life Sciences, Organizations and Vendors, Media and Entertainment, Telecommunication and ITes, Agriculture and Others
By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa).


Key Takeaways

  • While most consumers buy integration solutions from boutique vendors and specialised service providers, there will likely be a trend to avoid storing all data on a single server in the future, as this may pose security risks.
  • It is expected that cloud data integration will be much more advanced than it is today. Companies will initially seek to incorporate cloud data to ensure rudimentary compatibility between various cloud providers, business tools, cloud and internal data sources, but they will soon begin to look for more value.
  • Through linking data at the semantic level and using techniques such as entity resolution, cloud data integration would have to begin providing greater business value to understand exactly how data is related. Future cloud data integration would also be able to recommend and automatically relate new sources of relevant information.


Cloud Integration Market Segment Analysis - By Type

E-Commerce Data Integration is the largest segment among types. E-Commerce Data Integration is a data transfer between the e-commerce platform and five critical components of accounting, inventory, sales, CRM and marketing. Moreover, e-commerce helps in finding details like customer data, web orders, payment methods and shipments. In addition, it helps to upload the details of the inventory and item in particular from the ERP to the e-commerce platform, thus eliminating the need of adding the same data again. Thus, the increasing benefits of using e-commerce integration is a vital factor driving the Cloud Integration Market in the upcoming years. The growing adoption of cloud migration in various end-use industry including banking, financial services and insurance, education, public sector and utilities, Media and Entertainment owing to its less infrastructure complexity is a vital factor contributing to its segmental growth. As cloud system tends to peel away the complexity of the infrastructure that underlines the architecture being used to provision new machines and make them all work together to provide the needed services.


Cloud Integration Market Segment Analysis - By End Use Industry

Telecommunication plays a important role in the emerging cloud markets and ecosystem. Telecommunication network is a central part of multitenant cloud architecture delivering multi-services for multi-users with high Qos and optimal resource allocation. This role is considered as a unique position to deliver high-grade clouds services integrating services, platform, data center and IP network infrastructure with guaranteed end-to-end SLA. The main telecommunication operational role includes network control which is considered the main driver for cloud services delivery, telecommunication have higher levels of expertise in the deployment and end to end SLA management of all public and private network services and data centers. The rising usage of cloud integration in banking, financial services & insurance for services such as payment gateways, online fund transfer, digital wallets and unified customers experience is a vital factor driving the Cloud Integration Market in the upcoming years.


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