Enterprise Application Integration (EAI) Market Will Generate New Growth Opportunities By 2014 – 2024

Enterprise application integration (EAI) aims towards consolidating, modernizing and coordinating various computer applications in an enterprise. It is the combination of processes, software and hardware resulting in a seamless integration of two or more enterprise systems allowing them to operate as one. Prior to the enterprise application integration (EAI), there was lack of concept of integration for corporate data as the IT systems were built in an unplanned manner. Enterprise application integration (EAI) integrates all the technologies and services in a business to act as a middleware that enables integration of various systems and applications across any enterprise.

Business software such as supply chain management applications, enterprise resource planning (ERP) systems, human resource management, business intelligence systems, customer relationship management (CRM), and payroll systems cannot communicate with each other to share data. This communication gap results in inefficiencies, in areas where identical data is stored in multiple locations. Thus, enterprise application integration (EAI) links such applications within a single organization together to simplify and automate various business processes.

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Growing adoption of packaged applications, multiple platforms, protocols and technologies used to carry out various businesses and the increasing usage of internet for performing various business activities are the primary reasons responsible for the growth of EAI market. The EAI market is growing rapidly with major contributions from hybrid platform deployments compared to the on-premises and hosted platform deployments. Industry sectors such as banking, financial services, & insurance (BFSI), business services, manufacturing, healthcare and IT & Telecom are the prominent application areas of enterprise application integration (EAI). Rising demand for real time data access, increasing volume of data across enterprises and technological advancements in modern-age business dynamics are the major drivers fuelling the growth of enterprise application integration (EAI) market. Large enterprises have already implemented these integration technologies. Additionally integration of data on mobile devices is a major opportunity for the global enterprise application integration (EAI) market.

However, small and medium size companies yet need to adapt these cost effective tools for integration applications. However, inadequate EAI knowledge in organizations, absence of authority to conceptualize and sustain EAI projects and challenges posed by hosted and cloud based integrations are some of the factors restraining the growth of this market. Increased spending on enterprise application integration (EAI) solutions worldwide has resulted in an improved Information Technology (IT) infrastructure, thus reducing the redundancies in its management.

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Enterprise application integration (EAI) eradicates multiplicity, heterogeneity and distinctiveness of IT infrastructure, thus offering a cost-effective and unique solution for software applications, globally. It is anticipated that the growth of enterprise application integration (EAI) market will be high in coming few years as businesses will continue to search for such open and distributed system architectures. Some of the major players in enterprise application integration (EAI) market include Fujitsu-General Ltd., Hewlett-Packard Company, IBM Corporation, Microsoft Corporation, Mulesoft Inc., Oracle Corporation, Red Hat, Inc., SAP SE, Tibco Software, Inc., Cape Systems Group, Inc. Envoy Technologies, Inc., Fiorano Software and Affiliates, BEA Systems, Inc.  This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

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This report provides comprehensive analysis of 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

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