Integration & Orchestration Middleware Market Is Expected To Grow Rapidly With SECO SPA Acquiring Ispirata, A Startup That Specializes In Middleware Solutions
Application Orchestration, also known as Application Service Platform, is a set of tools and technologies for providing the client application with a complete IT infrastructure that includes deployment, execution, recovery, security, scalability, and even load balancing. The whole infrastructure is managed by an application server, which is deployed as a web server on the Internet or as a standalone appliance on a personal computer. Application Orchestration has the ability to create and monitor multiple servers for the same application.
Rapid consumerization of the IT
market is expected to drive growth of the integration & orchestration
middleware market. A number of IT vendors have started emphasizing the
potentially bigger consumer IT market rather than the enterprise IT. Instead of
new technology flowing down from the enterprise to the consumer, the flow is
reversed as the consumer market is aware of new technology before it reaches
enterprises. Consumerization drives the market for the end-users to integrate
and automate the applications on their own. API-based connectivity coupled with
workflow will create a new category of spending in cloud and a new tier of
integration on-premises. According to the India Brand Equity Foundation (IBEF),
IT-BPM industry revenue is expected to reach US$ 191 billion in 2020,
registering a y-o-y growth of 7.7%. Integration & orchestration middleware
is used to integrate applications by handling transformation, which helps in
providing better consumer interaction. Thus, these factors are expected to
drive growth of the global integration & orchestration middleware market.
Furthermore, increasing expenditure on lightweight integration due to
complexity in conventional API management is expected to propel the global
integration & orchestration middleware market growth in the near future.
A significant impact of cloud adoption
reducing the opportunity for conventional middleware is expected to hinder the
global integration & orchestration middleware market growth in the near
future. Among regions, North America is expected to witness significant growth
in the global integration & orchestration middleware market. This is owing
launch of key products by major market players in the region. For instance, in
September 2020, SL Corporation launched RTView Enterprise version 5.3, which
adds support for application and middleware support teams to proactively
monitor their critical environments. Furthermore, Europe is expected to
register a robust growth rate, owing to the presence of an efficient network of
cloud computing.
Key players involved in the global
integration & orchestration middleware market are Oracle Corporation, TIBCO
Software Inc., SWIFT, OpenText Corporation, IBM Corporation, Axway, Microsoft
Corporation, Infor, Covisint, and SPS Commerce, Inc.
For instance, in July 2020, SECO SPA,
a manufacturer of ready-to-use IoT-integrated systems, acquired Ispirata, a
startup that specializes in middleware solutions and open source software for
data orchestration applications.
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