Integration and orchestration middleware are used to connect heterogeneous systems and applications in real-time by integrating existing and new systems. As organizations adopt modern applications and services, there arises a growing need for seamless data integration across different platforms and solutions. This accelerates the adoption of middleware as it allows data to flow between these disparate systems by providing common connectivity services.
The global Integration and Orchestration Middleware Market is estimated to be valued at US$ 12 Billion in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Middleware enables the integration of various enterprise systems by transcending differences related to hardware, operating systems, programming languages, and databases. It helps in eliminating redundancy, provides data consistency, and facilitates application-to-application communication. The increasing adoption of cloud, internet of things, big data analytics and artificial intelligence is driving demand for real-time data sharing across multiple systems. Integration and orchestration middleware addresses this need by allowing the exchange of data seamlessly. It also improves operational efficiency, enhances decision making, and helps organizations leverage data-driven insights. The growing digital transformation initiatives are further propelling the demand for middleware solutions to integrate legacy and new applications.
Market key trends:
One of the key trends in the integration and orchestration middleware market is the rising adoption of API management. API management platforms integrate existing systems and data by facilitating application programming interface connectivity. It helps developers build, publish and monitor APIs and microservices across hybrid ecosystems. API management is enabling organizations to monetize data access and expose it as a service. This is supporting revenue generation and is expected to drive increased spending on integration middleware solutions over the forecast period.
Porter’s Analysis
Threat of new entrants: Low-medium. Existing market players dominance and high R&D costs create barriers for new entrants.
Bargaining power of buyers: Medium. Large buyers can negotiate on pricing but integration & orchestration middleware solutions are crucial for digital transformation.
Bargaining power of suppliers: Low. Market dominated by few large providers who have significant control over prices.
Threat of new substitutes: Low. No direct substitute for integration & orchestration middleware solutions currently exist.
Competitive rivalry: High. Fierce competition between existing large vendors to gain higher market share.
Key Takeaways
The Global Integration & Orchestration Middleware Market Size is expected to witness high growth. Rapid digital transformation across industries is driving the need for integration of applications and databases.
Regional analysis: North America is expected to dominate the market during the forecast period followed by Europe and Asia Pacific. Growing demand for integration platforms from various industries to connect legacy and modern applications is fueling market growth in North America. In Asia Pacific, countries like China and India are expected to offer lucrative opportunities owing to rising adoption of cloud-based middleware solutions among SMEs.
Key players: Key players operating in the Integration & Orchestration Middleware market are IBM Corporation, Microsoft Corporation, Oracle Corporation, Software AG, Tibco Software Inc. IBM holds a leading market share supported by its extensive product portfolio. Meanwhile, Microsoft and Oracle are focused on partnerships and acquisitions to strengthen their position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
