Global Middleware Software Market Report 2022 – Market Forecast, Trends And Strategies
12 Apr, 2022
The global middleware software market size is expected to grow from $66.68 billion in 2021 to $71.09 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The middleware software market is expected to reach $89.94 billion in 2026 at a CAGR of 4.5%.
What is the Global Middleware Software Market?
The middleware software market consists of sales of middleware software. It connects enterprise applications or software components and provides an infrastructure that enable the development of business applications. Middleware Software also facilitates high availability functionality and provides core services such as transactions, concurrency, messaging, and the SCA framework for service-oriented architecture (SOA) applications, threading and security to an enterprise. Middleware software seamlessly integrates all the business processes, applications and platforms to help businesses reduce their total cost of ownership (TCO) and increase their return on income (ROI).
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What drives the Global Middleware Software Market?
Movement of manufacturing organizations towards Industry 4.0, the latest revolution, which focuses on automation, interconnectivity, real-time data and machine learning is expected to benefit the middleware software market in the forecast period. Industry 4.0 includes the latest technologies such as Internet of Things (IoT), machine learning, cloud computing, cyber-physical systems and cognitive computing which are equipped in the computer systems and automated machines including robotics. Manufacturing companies need to integrate with their business processes and operations with these platforms/technologies which is fulfilled using middleware software among others. Thus, the extensive adoption of latest technologies by manufacturing companies are driving the growth of middleware software market. For instance, middleware has made possible the development of Robotics Operating System (ROS), a robotics middleware, which is a collection of software framework, and toolsets upon which robotics systems can be created. The development of industrial automation across business activities is driving the demand for ROS.
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Global Middleware Software Market Segments
The global middleware software market is segmented:
By Type: Communication Middleware, Platform Middleware, Integration Middleware, Others
By End-User: Retail, Healthcare, Automotive, BFSI, Others
By Enterprise Size: Small and Medium Enterprises (SMEs), Large Enterprises By Deployment Type: Hosted, On-Premises
By Geography: The regions covered in the middleware software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Middleware Software Global Market Report 2022provides market size and growth forecasts for the global middleware software market, global middleware software market share, middleware software market segments and geographies, middleware software market competitive landscape including leading competitors’ revenues, profiles and market shares. The middleware software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Middleware Software Industry Playersinclude Microsoft Incorporation, Oracle Corporation, IBM Corporation, Fujitsu, Red Hat, Unisys Corporation, Axway Inc., Tibco Software, Amazon, SAP SE, Cisco Systems, Salesforce, Tibco Software, Hitachi, Google, Alphabet, PTC, SAP SE, General Electric, Siemens, SPS Communications, HPE, Bosch, Software AG and International Business Machines Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.