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.
The
market is divided by region as North America, Europe, Asia-Pacific, Latin
America and Africa. North America has shown major growth in recent years owing
to the rise in the implementation of latest technologies in IT sector, increase
in the number of research & development activities in the region and existence
of well-established IT infrastructure.
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Market Segment:
This report studies the global
Application Development and Integration market, analyzes and researches the
Application Development and Integration development status and forecast in
United States, EU, Japan, China, India and Southeast Asia. This report focuses
on the top players in global market, like
•
Accenture
•
AT&T
•
Cognizant Technology Solutions
•
HCL Technologies
•
Hewlett-Packard
•
IBM
•
Infosys
•
Pricewaterhouse Coopers
•
Tata Consultancy Services
Market segment by Regions/Countries,
this report covers
•
United States
•
EU
•
Japan
•
China
•
India
•
Southeast Asia
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