According to the latest report by IMARC Group, titled “Application Infrastructure Middleware Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global application infrastructure middleware market reached a value of US$ 47.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 83.1 Billion by 2027, exhibiting a CAGR of 9.7% during 2022-2027.
Application infrastructure middleware (AIM) is a software solution that supports communication between applications or application components in a distributed network. It serves as an interface for separated complex problems, which works by placing the software between the operating system and the application on different servers. As a result, AIM reduces the efforts of the developer to create a custom integration when there is a need to connect components, devices, and resources. It also simplifies the development of applications that leverage certain services from other applications.
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The global AIM market is primarily driven by its increasing demand across banking, financial services, and insurance (BFSI), information technology (IT), telecommunication, and healthcare industries. These solutions deal with specific business needs such as automation of insurance claims, detecting financial frauds, processing various transactions, and providing tailored solutions based on preferences. In addition, the rising adoption of cloud computing services in these industries is also propelling the demand for AIM solutions. Furthermore, the growing utilization of IoT-enabled devices, deployment of wireless 5G networks and improvements in IT infrastructures are also fueling the market growth across the globe.
Breakup by Type:
Breakup by Component:
Breakup by Organization Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by End Use Industry:
- IT and Telecommunication
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Cisco Systems Inc
- Fujitsu Limited
- International Business Machines Corporation
- Informatica LLC
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com Inc
- SAP SE
- Software AG
- TIBCO Software Inc
- Unisys Corporation
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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