Saurabh Sharma, Senior Analyst, IT Solutions

Ovum’s Integration Middleware Global Market Forecast Model estimates that the spend on cloud-based integration platforms will grow at a compound annual growth rate (CAGR) of 31% between 2012 and 2018, reaching $3.7bn by the end of 2018. Over the same period, spending on cloud-based integration platforms in the Americas and Asia-Pacific regions will grow at CAGRs of 27% and 44% respectively. The Europe, Middle East and Africa (EMEA) cloud-based integration platforms market is expected to grow from $274m in 2013 to $905m by the end of 2018. The forecast figures exclude any spending on outsourcing services delivered on top of cloud-based integration platforms.

iPaaS is emerging as a suitable option for a wide range of integration needs

The emergence of integration-as-a-service (IaaS), the first truly cloud-based integration approach, marked the start of the “middleware-as-a-service” era. These solutions focused on enabling SaaS integration …