Application Development and Integration Market Analysis and Growth Forecast by Applications to 2025

Posted on 2019-12-17 by researchinsights in Technology // 0 Comments

17^th Dec 2019 – The global Application Development and Integration Market is subject to witness a substantial growth due to the rising focus towards reduction of operational cost with implementation of an application development and integration system across an enterprise. Adoption of an enterprise application integration strategy is credited to reduced risk and interoperability among IT applications and systems. Globally, the market is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the application development and integration market.

Increasing demand for an efficient application integration strategy and cost effective solution are expected to foster the growth of the market. The software development and application solutions helps to derive a unified structure that operates with a perfect conjunction. Thus, limiting scope for interoperability issues such as data leaks that can lead to security loophole. These factors are expected to favor the growth of market in the near future. In addition, application development and integration solution allows streamlining of various business operation by executing a coherent and well-defined integration strategy with broad ranges of applications that are located within across an enterprise.

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Growing adoption of hybrid application integration technology is expected to set up key market trends for the application development and integration sector over the upcoming years. In addition, high level of complexity involved with data integration and collaboration standards in across different industry verticals is expected to generate high-end demand for application development and integration solutions.

The market is broadly categorized into two major segments based on the application type such as application development and application integration. The application development is considered as one of the fastest growing segment in the market with substantial revenue generation in the last few years.

Growing popularity of the application development segment is attributed to the increasing demand for high performance and cost effective solutions. The application integration segment has also witnessed substantial growth owing to the shifting trend towards hybrid application integration technology.

Leading Players:

Accenture
AT&T
Cognizant Technology Solutions
HCL Technologies
Hewlett-Packard
IBM
Infosys
Pricewaterhouse Coopers
Tata Consultancy Services
Wipro
Atos
CSC
Deloitte
L&T Infotech
Mindtree
NTT Data
Tech Mahindra
Unisys

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Market segment by Type, the product can be split into

B2B Mobile Apps
B2C Mobile Apps
B2E Mobile Apps

Market segment by Application, Application Development and Integration can be split into

Automotive Field
Medical Field
Dining Area
Sports Field
The Financial Sector

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