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New Analysis from Global Industry Analysts Reveals Robust Growth for Hybrid Integration Platform, with the Market to Reach $48.1 Billion Worldwide by 2026
SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hybrid Integration Platform - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 20194
Companies: 13 - Players covered include Axis Communications AB; Babelway; Built.Io; Dell Boomi, Inc.; Flowgear Pty Ltd.; IBM Corporation; Informatica LLC; Liaison Technologies; MuleSoft, Inc.; Oracle Corporation; Red Hat, Inc.; RoboMQ; SnapLogic, Inc.; Software AG; TIBCO Software, Inc.; WSO2 Inc. and Others.
Coverage: All major geographies and key segments
Segments: Integration Type (Application Integration, Data Integration, B2B Integration, Cloud Integration); Vertical (Banking, Finance Services, and Insurance, Retail, Government and Public Sector, Manufacturing, Telecommunication, IT, and ITES, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Hybrid Integration Platform Market to Reach $48.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Hybrid Integration Platform estimated at U$21.9 Billion in the year 2020, is projected to reach a revised size of US$48.1 Billion by 2026, growing at a CAGR of 13.9% over the analysis period. Application Integration, one of the segments analyzed in the report, is projected to record a 14.8% CAGR and reach US$24.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Data Integration segment is readjusted to a revised 13.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.5 Billion in 2021, While China is Forecast to Reach $8.4 Billion by 2026
The Hybrid Integration Platform market in the U.S. is estimated at US$7.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2026 trailing a CAGR of 13.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 11.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.
B2B Integration Segment to Reach US$8.3 Billion by the year 2026
In the global B2B Integration segment, USA, Canada, Japan, China and Europe will drive the 12.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.2 Billion in the year 2020 will reach a projected size of US$7.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
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