TechNavio today launched its report Global Application Infrastructure and Middleware Market in the Financial Services Sector 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Services team said; ”Demand for middleware is increasing and service providers are looking for available resources and alternatives to meet this demand. There is an increase in merger and acquisition activity and strategic alliances among firms, and this strategy is expected to be beneficial for the major market players seeking to grab a large market share and add specific domain knowledge to their arsenal.”
According to the report, with the ever-increasing technological advancement, there is constant pressure on firms to upgrade themselves technologically. The firms are relentlessly looking to adapt to new technologies to have a competitive edge in the market. Hence, the degree of competitive pressure for the adoption of new IT initiatives is relatively high. This pressure creates more demand for middleware technologies such as Service-oriented Architecture (SOA), SOA governance, Business Process Management (BPM) suites, Enterprise Service Bus (ESBS) suites, etc. The pressure to digitize an entire organization and achieve structural changes with strategic benefits is also driving the growth of the Global Application Infrastructure and Middleware (AIM) market in the Financial Services sector.
Further, the report also discusses that one of the biggest challenges for the Global AIM market in the Financial Services sector is the lack of awareness and understanding of middleware.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/p2KJZ
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TechNavio Announces the Publication of its Report – Global Application Infrastructure and Middleware Market in the Financial Services Sector 2011-2015
