iPaaS market estimated to grow at a high CAGR of around 38% by 2019 in terms of revenue, says Technavio

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This market research report presents a segmentation analysis of the iPaaS market by geography (Americas, EMEA, and APAC). The leading companies in the iPaaS market are Dell Boomi, Informatica, MuleSoft, SAP, and SnapLogic.

Technavio market research analysts estimate the global iPaaS market to generate around US $950 million between 2015 and 2019. Several organizations are deploying iPaaS solutions for the optimal utilization and management of enterprise applications.

The Americas dominate the iPaaS market occupying around 65% market share, and is expected to generate around US $624 million by 2019. High adoption of cloud platform and integration with PaaS model is a major contributor of the market in this region.

Source: Technavio Research

Increasing need to have advanced systems to improve the process of developing, deploying, and managing enterprise applications by organizations is driving the growth of the iPaaS market. Enterprise iPaaS vendors are offering facilities to deploy applications into public as well as private clouds. Consequently, they are adopting hybrid cloud integration approach to utilize the benefits offered by the private and public cloud model.

“Of late, several SMEs are using cloud-based iPaaS solutions, given their low infrastructure needs, maintenance costs, and the advantage of pay-per-use along with more options for customization. Through the pay-per-use model, SMEs pay only for their usage quota. iPaaS providers are providing extra tools such as business analytics and network optimization integrated with the solutions which are benefitting these enterprises,” says Navin Rajendra, Lead Analyst, IT Hardware, Software and Services, Technavio Research.

The leading vendors in the iPaaS market are Dell Boomi, Informatica, MuleSoft, SAP and SnapLogic

The market is expected to witness organic growth due to a vast number of mergers taking place during the forecast period. The entry of cloud computing and integration as a service vendors into this market has also intensified the competition.

A more detailed analysis is available in the Technavio report, iPaaS Market – Global Market Analysis 2015-2019.

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