Future Market Insights insights on the high-performance messaging infrastructure market are offered by a recent research report from Future Market Insights, which also includes a projection for the years 2022 to 2029 and an overview of the global industry from 2014 to 2021. The market as a whole is anticipated to exceed a valuation of US$ 3.37 Billion by 2029, expanding at a strong CAGR of 14.4% between 2022 and 2029, per the market research report.
The global market for high-performance message infrastructure is also anticipated to expand significantly throughout the forecast period due to several factors, including the expansion of the cloud computing sector, rising IT infrastructure spending, and rising demand for Big Data, software development, and information technology operations (DevOps).
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Interconnectivity between applications, sites, partners, providers, employees, consumers, and all devices is one of the main trends in the worldwide high-performance message infrastructure market.
The use of event-driven architecture and integration platform-as-a-service (iPaaS) is expanding globally, in both developing and developed nations. Over the anticipated period, it is anticipated that key participants in the market for high-performance message infrastructure will find a variety of chances.
In the high-performance messaging infrastructure market, the Big Data use case is predicted to create an additional potential worth around US$ 520 million between 2019 and 2029, according to a report by Future Market Insights.
Moreover, the event-driven architecture segment is likely to experience high growth rates during the forecast period, owing to the growing demand for packaged applications and IT services.
The use of search-based analysis, predictive model mark-up language, and text & entity analysis is significantly increasing globally, opening up potential growth opportunities for the high-performance message infrastructure market.
Key Players Focus on Expanding their Business in APAC
Leading players in the high-performance message infrastructure market are focusing on extending their businesses across Asian Pacific countries such as India and China. Increasing investment in digitalization infrastructure by the governments attracts various high-performance message infrastructure providers to extend their business in these countries.
Moreover, the healthy economic growth of countries in the region, together with the continuous adoption of advanced technology, including the Internet of Things (IoT), and Platform-as-a-Service (PaaS), is creating substantial growth opportunities for the high-performance message infrastructure market.
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For instance, in August 2019, The Apache Software Foundation organized a Hadoop community meet-up in Beijing, China, with 200 spots available for registration to attend this meet-up in person. Participants introduce recent trends in the storage field, such as better scalability and moving towards cloud in the Asia Pacific region.
For instance, in June 2019, TWILIO INC. announced its expansion in the Japanese market. The company also announced new partnerships with seven regional consulting partners.
Cloud-integrated Solutions Playing an Essential Role in Market Growth
There are increasing scope of applications related to software-as-a-service (SaaS) or cloud-based data storage. Such factors have promoted the high-performance message infrastructure market players to adopt expansion and product differentiation strategies to gain a distinct competitive edge as well as enhance their market presence, catering to each specific end-use industry.
For this, high-performance message infrastructure providers are frequently increasing their investments in product developments and research & development activities to enhance their product offering awareness to the end-user industries.
High-Performance Message Infrastructure Market By Category
Component:
- Hardware
- Middleware
- Managed Services
Use Case:
- Hybrid Cloud
- Internet of Things (IoT)
- Integration Platform-as-a-Service(iPaaS)
- Platform-as-a-Service (PaaS)
- Application Programming Interfaces (APIs) & Protocols
- Software Development and Information Technology Operations (DevOps)
- Big Data
- Event-Driven Architecture
- Other Use Cases
Industry:
- Energy
- BFSI
- Government
- Manufacturing
- Retail
- Transport & Logistics
- Telecommunication
- Other Industries
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
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