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Global Application Development and Integration Market to Grow 4.78% - High Cost & Complexity Involved in Implementation - Research and MarketsDUBLIN, July 18, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Application Development and Integration Market 2016-2020" report to their offering. The report forecasts the global application development and integration market to grow at a CAGR of 4.78% during the period 2016-2020. A trend which is propelling market growth is the steady shift to comprehensive suites and platforms. The increased demand for a single comprehensive platform that addresses all requirements such as email, messaging, blogs, online communities, Internet Protocol (IP) telephony, and video conferencing would force vendors to move toward multi-level support. Also, this facilitates better and tighter integration between different collabration applications, reduction in wastage of time, and an increase in productivity. According to the report, a key growth driver is the need to improve customer relationships. Customers demand faster services and user-friendly processes to save time and effort. When dealing with various department, customers do not want repeated information. To overcome such redundancies, enterprises seek EA technologies that ensure a healthy customer experience and relationships with enterprises. Companies can get information ahead of the customer to gain an advantage. Further, the report states that a challenge that could impede market growth is the high cost and complexity involved in implementation. Key vendors:
Key Topics Covered: Media Contact: Research and Markets To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-application-development-and-integration-market-to-grow-478---high-cost--complexity-involved-in-implementation---research-and-markets-300299871.html SOURCE Research and Markets |