Integration Platform as a Service Market Analysis and Forecast to 2032: By Deployment Model (Public Cloud, Private Cloud), Service Type (API Management, B2B Integration, Others), Organization Size (Large Enterprises, SMEs), Industry Vertical (BFSI, Energy and Utilities, Healthcare and Life Sciences, Manufacturing, Others), and Region

The Integration Platform as a Service Market size was USD 4.8 Billion in 2022 and it is anticipated to grow over USD 25.0 Billion by 2032, at a CAGR of over 16.6% during the forecast period.

Integration platform as a service (iPaaS) is a cloud-based suite of tools, hosted by a third-party provider, that enables organizations to integrate, automate, and manage applications, business systems, and data that reside in different business environments, whether on-premises or in public or private clouds.

Key Drivers & Trends

It is anticipated that, in the coming years, various organizations will adopt hybrid and multi-cloud strategies, as these systems are trending in the relevant sectors. Organizations are expected to opt for these strategies as they are reluctant to depend on a single cloud vendor. According to IBM Corporation, 98% of organizations are planning to utilize multiple hybrid clouds by 2021. Hybrid cloud provides the benefits of both public and private clouds, by enhancing flexibility to work between both the cloud solutions. Further, it enables organizations to protect their confidential data by storing it in the private cloud and simultaneously using the public cloud for storing public data. The requirements of specific applications and functions will differ with the increase in specialized services. This, in turn, encourages business managers to opt for multi-cloud and hybrid solutions to run the system effectively and efficiently. Moreover, it is cost-effective, and it mitigates the risk of business loss. The adoption of hybrid cloud will also influence the integration platform as a service (IPaaS) market growth. The hybrid model will require proper integration to ensure smooth business functioning over time, thereby contributing to the market growth.

Key Restraints & Challenges

iPaaS offers a platform to integrate with applications, data, and process integration projects that involve cloud-based applications, APIs, and on-premises systems. However, such integrations are not possible with the existing traditional machines which are highly interoperable. The traditional applications that manage critical data such as consumer details and employee details are not interoperable with the latest cloud integration system, which requires the need to replace the existing system with the new updated system to integrate with iPaaS. These issues with interoperability make it difficult for enterprises to adopt iPaaS.

Market Segments

The Integration Platform as a Service Market has been segmented into Deployment Model, Service Type, Organization Size, Industry Vertical, and Region. Based on the Deployment Model, the Integration Platform as a Service market is bifurcated into Public Cloud and Private Cloud. On the basis of Service Type, the market is segmented into API Management, B2B Integration, and Others. Based on Organization Size, the market is bifurcated into Large Enterprises and SMEs. Based on Industry Vertical, the Integration Platform as a Service market is segmented into BFSI, Energy and Utilities, Healthcare and Life Sciences, Manufacturing, and Others. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Key Players

Some of the key players in the market are Boomi, LP (US), IBM Corporation (US), Informatica Inc. (US), Jitterbit (US), MuleSoft (Salesforce, Inc.) (US), SAP SE (Germany), SnapLogic Inc. (US), Software AG (Germany), TIBCO Software Inc. (Cloud Software Group, Inc.) (US), Workato, Inc. (US).

Why GIS?

Table of Contents

Chapter 1. Integration Platform as a Service Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, By Region
3.2. Market Attractiveness Analysis, By Deployment Model
3.3. Market Attractiveness Analysis, By Service Type
3.4. Market Attractiveness Analysis, By Organization Size
3.5. Market Attractiveness Analysis, By Industry Vertical

Chapter 4. Integration Platform as a Service Market Outlook
4.1. Integration Platform as a Service Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.5.1. Raw Material Suppliers
4.5.2. Manufacturers
4.5.3. Wholesalers and/or Retailers
4.6. Impact of COVID-19 on the Integration Platform as a Service Market
4.7. Impact of the Russia and Ukraine War on the Integration Platform as a Service Market
4.8. Case Study Analysis
4.9. Pricing Analysis

Chapter 5. Integration Platform as a Service Market, By Deployment Model
5.1. Market Overview
5.2. Public Cloud
5.2.1. Key Market Trends & Opportunity Analysis
5.2.2. Market Size and Forecast, By Region
5.3. Private Cloud
5.3.1. Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, By Region

Chapter 6. Integration Platform as a Service Market, By Service Type
6.1. Market Overview
6.2. API Management
6.2.1. Key Market Trends & Opportunity Analysis
6.2.2. Market Size and Forecast, By Region
6.3. B2B Integration
6.3.1. Key Market Trends & Opportunity Analysis
6.3.2. Market Size and Forecast, By Region
6.4. Others
6.4.1. Key Market Trends & Opportunity Analysis
6.4.2. Market Size and Forecast, By Region

Chapter 7. Integration Platform as a Service Market, By Organization Size
7.1. Market Overview
7.2. Large Enterprises
7.2.1. Key Market Trends & Opportunity Analysis
7.2.2. Market Size and Forecast, By Region
7.3. SMEs
7.3.1. Key Market Trends & Opportunity Analysis
7.3.2. Market Size and Forecast, By Region

Chapter 8. Integration Platform as a Service Market, By Industry Vertical
8.1. Market Overview
8.2. BFSI
8.2.1. Key Market Trends & Opportunity Analysis
8.2.2. Market Size and Forecast, By Region
8.3. Energy and Utilities
8.3.1. Key Market Trends & Opportunity Analysis
8.3.2. Market Size and Forecast, By Region
8.4. Healthcare and Life Sciences
8.4.1. Key Market Trends & Opportunity Analysis
8.4.2. Market Size and Forecast, By Region
8.5. Manufacturing
8.5.1. Key Market Trends & Opportunity Analysis
8.5.2. Market Size and Forecast, By Region
8.6. Others
8.6.1. Key Market Trends & Opportunity Analysis
8.6.2. Market Size and Forecast, By Region

Chapter 9. Integration Platform as a Service Market, by Region
9.1. Overview
9.2. North America
9.2.1. Key Market Trends and Opportunities
9.2.2. North America Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.2.3. North America Integration Platform as a Service Market Size and Forecast, by Organization Size
9.2.4. North America Integration Platform as a Service Market Size and Forecast, by Service Type
9.2.5. North America Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.2.6. North America Integration Platform as a Service Market Size and Forecast, by Country
9.2.7. The U.S.
9.2.7.1. The U.S. Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.2.7.2. The U.S. Integration Platform as a Service Market Size and Forecast, by Organization Size
9.2.7.3. The U.S. Integration Platform as a Service Market Size and Forecast, by Service Type
9.2.7.4. The U.S. Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.2.8. Canada
9.2.8.1. Canada Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.2.8.2. Canada Integration Platform as a Service Market Size and Forecast, by Organization Size
9.2.8.3. Canada Integration Platform as a Service Market Size and Forecast, by Service Type
9.2.8.4. Canada Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.2.9. Mexico
9.2.9.1. Mexico Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.2.9.2. Mexico Integration Platform as a Service Market Size and Forecast, by Organization Size
9.2.9.3. Mexico Integration Platform as a Service Market Size and Forecast, by Service Type
9.2.9.4. Mexico Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3. Europe
9.3.1. Key Market Trends and Opportunities
9.3.2. Europe Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.3. Europe Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.4. Europe Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.5. Europe Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.6. Europe Integration Platform as a Service Market Size and Forecast, by Country
9.3.7. The U.K.
9.3.7.1. The U.K. Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.7.2. The U.K. Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.7.3. The U.K. Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.7.4. The U.K. Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.8. Germany
9.3.8.1. Germany Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.8.2. Germany Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.8.3. Germany Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.8.4. Germany Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.9. France
9.3.9.1. France Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.9.2. France Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.9.3. France Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.9.4. France Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.10. Spain
9.3.10.1. Spain Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.10.2. Spain Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.10.3. Spain Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.10.4. Spain Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.11. Italy
9.3.11.1. Italy Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.11.2. Italy Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.11.3. Italy Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.11.4. Italy Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.12. Netherlands
9.3.12.1. Netherlands Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.12.2. Netherlands Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.12.3. Netherlands Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.12.4. Netherlands Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.13. Sweden
9.3.13.1. Sweden Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.13.2. Sweden Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.13.3. Sweden Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.13.4. Sweden Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.14. Switzerland
9.3.14.1. Switzerland Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.14.2. Switzerland Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.14.3. Switzerland Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.14.4. Switzerland Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.15. Denmark
9.3.15.1. Denmark Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.15.2. Denmark Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.15.3. Denmark Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.15.4. Denmark Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.16. Finland
9.3.16.1. Finland Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.16.2. Finland Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.16.3. Finland Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.16.4. Finland Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.17. Russia
9.3.17.1. Russia Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.17.2. Russia Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.17.3. Russia Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.17.4. Russia Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.3.18. Rest of Europe
9.3.18.1. Rest of Europe Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.3.18.2. Rest of Europe Integration Platform as a Service Market Size and Forecast, by Organization Size
9.3.18.3. Rest of Europe Integration Platform as a Service Market Size and Forecast, by Service Type
9.3.18.4. Rest of Europe Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4. Asia-Pacific
9.4.1. Key Market Trends and Opportunities
9.4.2. Asia-Pacific Integration Platform as a Service Market Size and Forecast, by Country
9.4.3. Asia-Pacific Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.4. Asia-Pacific Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.5. Asia-Pacific Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.6. Asia-Pacific Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.7. China
9.4.7.1. China Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.7.2. China Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.7.3. China Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.7.4. China Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.8. India
9.4.8.1. India Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.8.2. India Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.8.3. India Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.8.4. India Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.9. Japan
9.4.9.1. Japan Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.9.2. Japan Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.9.3. Japan Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.9.4. Japan Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.10. South Korea
9.4.10.1. South Korea Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.10.2. South Korea Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.10.3. South Korea Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.10.4. South Korea Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.11. Australia
9.4.11.1. Australia Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.11.2. Australia Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.11.3. Australia Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.11.4. Australia Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.12. Singapore
9.4.12.1. Singapore Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.12.2. Singapore Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.12.3. Singapore Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.12.4. Singapore Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.13. Indonesia
9.4.13.1. Indonesia Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.13.2. Indonesia Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.13.3. Indonesia Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.13.4. Indonesia Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.14. Taiwan
9.4.14.1. Taiwan Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.14.2. Taiwan Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.14.3. Taiwan Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.14.4. Taiwan Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.15. Malaysia
9.4.15.1. Malaysia Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.15.2. Malaysia Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.15.3. Malaysia Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.15.4. Malaysia Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.4.16. Rest of APAC
9.4.16.1. Rest of APAC Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.4.16.2. Rest of APAC Integration Platform as a Service Market Size and Forecast, by Organization Size
9.4.16.3. Rest of APAC Integration Platform as a Service Market Size and Forecast, by Service Type
9.4.16.4. Rest of APAC Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.5. Rest of The World
9.5.1. Key Market Trends and Opportunities
9.5.2. Rest of The World Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.5.3. Rest of The World Integration Platform as a Service Market Size and Forecast, by Organization Size
9.5.4. Rest of The World Integration Platform as a Service Market Size and Forecast, by Service Type
9.5.5. Rest of The World Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.5.6. Rest of The World Integration Platform as a Service Market Size and Forecast, by Country
9.5.7. Latin America
9.5.7.1. Latin America Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.5.7.2. Latin America Integration Platform as a Service Market Size and Forecast, by Organization Size
9.5.7.3. Latin America Integration Platform as a Service Market Size and Forecast, by Service Type
9.5.7.4. Latin America Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.5.8. Middle East
9.5.8.1. Middle East Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.5.8.2. Middle East Integration Platform as a Service Market Size and Forecast, by Organization Size
9.5.8.3. Middle East Integration Platform as a Service Market Size and Forecast, by Service Type
9.5.8.4. Middle East Integration Platform as a Service Market Size and Forecast, by Industry Vertical
9.5.9. Africa
9.5.9.1. Africa Integration Platform as a Service Market Size and Forecast, by Deployment Model
9.5.9.2. Africa Integration Platform as a Service Market Size and Forecast, by Organization Size
9.5.9.3. Africa Integration Platform as a Service Market Size and Forecast, by Service Type
9.5.9.4. Africa Integration Platform as a Service Market Size and Forecast, by Industry Vertical

Chapter 10. Competitive Landscape
10.1. Market Overview
10.2. Market Share Analysis/Key Player Positioning
10.3. Developmental Strategy Benchmarking
10.3.1. New Product Development
10.3.2. Product Launches
10.3.3. Business Expansions
10.3.4. Partnerships, Joint Ventures, And Collaborations
10.3.5. Mergers And Acquisitions

Chapter 11. Company Profiles
11.1. Boomi, LP (US)
11.1.1. Company Snapshot
11.1.2. Financial Performance
11.1.3. Product offerings
11.1.4. Key Strategic Initiatives
11.1.5. SWOT Analysis
11.2. IBM Corporation (US)
11.2.1. Company Snapshot
11.2.2. Financial Performance
11.2.3. Product offerings
11.2.4. Key Strategic Initiatives
11.2.5. SWOT Analysis
11.3. Informatica Inc. (US)
11.3.1. Company Snapshot
11.3.2. Financial Performance
11.3.3. Product offerings
11.3.4. Key Strategic Initiatives
11.3.5. SWOT Analysis
11.4. Jitterbit (US)
11.4.1. Company Snapshot
11.4.2. Financial Performance
11.4.3. Product offerings
11.4.4. Key Strategic Initiatives
11.4.5. SWOT Analysis
11.5. MuleSoft (Salesforce, Inc.) (US)
11.5.1. Company Snapshot
11.5.2. Financial Performance
11.5.3. Product offerings
11.5.4. Key Strategic Initiatives
11.5.5. SWOT Analysis
11.6. SAP SE (Germany)
11.6.1. Company Snapshot
11.6.2. Financial Performance
11.6.3. Product offerings
11.6.4. Key Strategic Initiatives
11.6.5. SWOT Analysis
11.7. SnapLogic Inc. (US)
11.7.1. Company Snapshot
11.7.2. Financial Performance
11.7.3. Product offerings
11.7.4. Key Strategic Initiatives
11.7.5. SWOT Analysis
11.8. Software AG (Germany)
11.8.1. Company Snapshot
11.8.2. Financial Performance
11.8.3. Product offerings
11.8.4. Key Strategic Initiatives
11.8.5. SWOT Analysis
11.9. TIBCO Software Inc. (Cloud Software Group, Inc.) (US)
11.9.1. Company Snapshot
11.9.2. Financial Performance
11.9.3. Product offerings
11.9.4. Key Strategic Initiatives
11.9.5. SWOT Analysis
11.10. Workato, Inc. (US)
11.10.1. Company Snapshot
11.10.2. Financial Performance
11.10.3. Product offerings
11.10.4. Key Strategic Initiatives
11.10.5. SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report

Market Segments

By Deployment Model

  • Public Cloud
  • Private Cloud

By Service Type

  • API Management
  • B2B Integration
  • Others

By Organization Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • Energy and Utilities
  • Healthcare and Life Sciences
  • Manufacturing
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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