Global Hybrid Integration Platform Market Size, Status and Forecast 2020-2026

A hybrid integration platform is a combination of on-premise and cloud based system, securely connected using a technology like Transport Layer Security, so that it supports the integration of on-premise endpoints, cloud endpoints and the combination of the two, for all integration patterns. Transport Layer Security enables connectivity without having to change firewall policies or proxy services. Hybrid integration Platform bridges the network divide between your existing enterprise (databases, warehouses, applications and legacy systems) and SaaS/PaaS, B2B, B2C, BYOD and big data. It solves the issue of transferring existing information from on-premise systems and leverages new systems so as to make way for innovation, competitive advantage and driving new business models. The updated enterprise deals with emerging trends in the market, while leveraging the data and functionality of on-premise legacy applications. Hybrid Integration Platform enables on-premise applications to seamlessly integrate with cloud based applications. Businesses want to create a single platform for new services and connect their existing custom and packaged solutions. The integration model provides a secure data gateway which allows protected communication between the cloud and on-premises systems, allowing for development of architecture, where you have control over the data passed between specific applications.
The application integration type is expected to have the fastest growth rate during the forecast period. Application integration combines data and functions from one application program with another to simplify and automate business processes to the greatest extent possible. This integration framework forms a middleware and a collection of technologies and services that enable the integration of systems and applications across an enterprise. This has resulted in improving the overall business efficiency, enhancing the scalability, and reducing the IT costs.

Market Analysis and Insights: Global Hybrid Integration Platform Market
The global Hybrid Integration Platform market size is projected to reach US$ 20960 million by 2026, from US$ 18610 million in 2020, at a CAGR of 11.7%% during 2021-2026.

Global Hybrid Integration Platform Scope and Market Size
Hybrid Integration Platform market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Hybrid Integration Platform market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study

Software AG
Informatica
Dell Boomi
Liaison Technologies
Mulesoft
IBM
TIBCO Software
Oracle
WSO2
Snaplogic
Red Hat
Axway
Flowgear

Market segment by Type, the product can be split into

Application integration
Data integration
Business-to-Business (B2B) integration
Cloud integration

Market segment by Application, split into

BFSI
Retail
Government and public sector
Manufacturing
Telecommunication, IT, and IT-Enabled Services (ITES)
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India