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Application development and integration market in education sector to grow at a CAGR of 5.14% during the period 2017-2021 insights shared in detailed report

IT Market Research

The following companies as the key players in the global application development and integration market: FUJITSU, IBM, Microsoft, Oracle, and Red Hat. Other Prominent Vendors in the market are: Accenture, Atos, BT Global Services, Capgemini, Cognizant, Dell Boomi, HPE, Infor, Infosys, InterSystems, Kony, Mindteck, MuleSoft, NEC, SAP, Scribe Software, Serco, Software AG, TCS, TIBCO Software, Wipro, and Xoriant.

The analysts forecast Global Application Development And Integration Market to grow at a CAGR of 5.14% during the period 2017-2021.The latest trend gaining momentum in the market is Increased adoption of cloud-based integration solutions. Cloud computing solutions are widely being adopted in organizations to modernize IT infrastructure through cost-effective and flexible solutions.

Cloud computing solutions help organizations to move their SCM systems from on-premises to cloud computing model, to integrate with other back-office systems. Cloud-based platform solutions enable enterprises to integrate back-office systems efficiently.

The popularity of cloud-based application system integration services is increasing due to their faster connectivity features to run multiple applications. Cloud-based application integration services enable enterprises to exchange data within or outside enterprises for commercial purposes.”

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Application developers are embracing next-generation technologies such as DevOps and Agile software development. The DevOps technology has gained popularity in a short span of time as it enhances the speed of the application development process.

The enterprise application development process is usually dynamic in nature as compared to consumer mobile application development process because of differences in end-user requirements.

According to the report, one of the major drivers for this market is Cost reduction and operational efficiency. Application integration solutions are helping firms to reduce implementation costs of new solutions in organizations.

Implementation costs increase when different vendors offer different IT solutions to the same client. Implementation of two different systems can be easily executed when the back-office systems are integrated.

Disparate IT systems in the back-office increase the cost of implementation of new IT solutions. Application integrated services enhance back-office processes in organizations and enhance business efficiencies.

Application integration services have reduced operational cost and increased the efficiency of the e-commerce, retail, and BFSI sectors.

About Application Development and Integration

Globally enterprises have been adopting application management solution and services to streamline their routine business processes. Application integration solutions is an important component which facilitates enterprises to exchange data and information through networking systems.

CIOs are now spending on IT infrastructure solutions that are agile, flexible and cost-effective.

Further, the report states that one of the major factors hindering the growth of this market is Interoperability issues. Implementation of new technologies and IT systems might cause device or application interoperability issues among the enterprise networking systems.

Interoperability issues arise due to differences in the versions of software, operating systems, and hardware configurations. Many organizations are using legacy and outdated software systems, applications, programming languages, and back-end storage systems, which cause interoperability issues while integrating back-office systems with enterprises or front-end systems.

New IT systems consist of regulatory and compliance features because of the increasing regulatory pressure in the BFSI, telecom, healthcare, and other industry verticals. Integration of new IT systems with traditional ICT infrastructure makes it difficult to run applications smoothly.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Covered in this report

The report covers the present scenario and the growth prospects of the global application development and integration market for 2017-2021. To calculate the market size, the report considers the IT support services for application development and integration.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Global Application Development and Integration Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • IBM
  • Microsoft
  • Oracle
  • Red Hat

Other prominent vendors

  • Accenture
  • Atos
  • BT Global Services
  • Capgemini
  • Cognizant
  • Dell Boomi
  • HPE
  • Infor
  • Infosys
  • InterSystems
  • Kony
  • Mindteck
  • MuleSoft
  • NEC
  • SAP
  • Scribe Software
  • Serco
  • Software AG
  • TCS
  • TIBCO Software
  • Wipro
  • Xoriant

Market driver

  • Cost reduction and operational efficiency
  • For a full, detailed list, view our report

Market challenge

  • Interoperability issues
  • For a full, detailed list, view our report

Market trend

  • Increased adoption of cloud-based integration solutions
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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