With a projected CAGR of 15.2% from 2022 to 2032, the MEA cloud integration market is expected to generate revenues of US$ 835.8 million by 2032 from a total of US$ 178.2 million in 2021. A system of technologies and tools called cloud integration connects various applications, repositories, IT environments, and systems to enable real-time data and process exchange.
Other names for cloud integration include iPaaS, cloud-based integration, cloud data integration, and cloud systems integration. Both hybrid and fully cloud-based deployments are regarded as being cloud-integrated. The ultimate objective is to function as a unified IT infrastructure that optimises data flow. Access to the combined data and integrated cloud services can be made from various devices via a network or the internet.
2017-2021 MEA Cloud Integration Market Demand Outlook Compared to 2022-2032 Forecast
The MEA cloud integration market demand is estimated to grow at a 15.2% CAGR between 2022 and 2032 in comparison with 13.3% CAGR registered during the historic period (2017-2021).
Cloud integration solutions are designed to improve connectivity, break down data silos and transparency, and ultimately streamline business processes. Data integration tools are the answer to the need to exchange data and integrate information components between cloud-based applications.
Cloud integration has become more popular as the use of software as a service (SaaS) solutions continuously growing.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-ma-206
Growing Demand Amongst the Enterprises for Streamline Business Processes and Rise of Big Data Technologies
Streamlining business processes removes unnecessary steps, adopts different methods and uses new technologies to maximize performance and improve efficiency. A business needs to be flexible and economical. By streamlining repetitive tasks, employees no longer have to wait on each other to perform interdependent processes. Employees receive automatic notifications when tasks need to be completed instead of sending requests to different departments.
Furthermore, the advent of big data technology, organizations has recognized the benefits of using big data with full potential and are investing in big data technologies as well as in cloud integration. Increased customer and expansion of the new markets, organizations are having many challenges to deal with the rapidly growing data sources. The growing data sources include internal data sources such as customer relationship management (CRM), enterprise resource planning (ERP), human capital management (HCM), financial transactions from various departments as well as external data sources like cloud and web data sources, which has formed few information silos. Thus driving the growth for the cloud integration market during the forecast period of 2022-2032.
Competitive Landscape
The market is expecting to have over hundreds of start-ups developing and innovating consumer solutions and services. Such fragmented market is creating intense competition, forcing incumbents to continually update and adopt new developments in cloud offerings. Therefore, increased competition is expected to expand the market size and create more opportunities for market players.
- In April 2022, Salesforce brought customer relationship management (CRM) analytics to every industry. It is a PaaS model, Al-powered data and analytics solution which enables Salesforce customers across all industries to deliver predictive insights. A customer can put any data at the center of her CRM.
- In December 2020, Alibaba Group Holding Ltd has introduced a n hybrid-cloud method to improve security, compliance, reliability, scalability and other factors. The company offers the HBR (hybrid backup recovery) solution with enterprise storage capacity for the hybrid cloud backups. Connected to Alibaba’s cloud storage to provide a seamless hybrid environment.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-ma-206
MEA Cloud Integration Market by Category
By Solution:
- Cloud Integration Platform (iPaaS)
- Services
- iPaaS Integration & Implementation
- Consulting
- Support & Maintenance
By Integration Type:
- Cloud Application Integration
- Cloud Data Integration
By Application:
- Customer Relationship Management (CRM)
- Marketing Automation
- Enterprise Risk Management (ERM)
- Human Capital Management (HCM)
- Database Management System (DBMS)
By Industry:
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government
- Education
- Others
By Country:
- GCC
- Tukey
- South Africa
- North Africa
- Rest of MEA
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
