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Global Integration Platform as a Service (IPaaS) Market Trajectory & Analytics Report 2020 - ResearchAndMarkets.com
February 18, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 18, 2021
Global Integration Platform as a Service (IPaaS) Market to Reach $1.7 Billion by 2027
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Amid the COVID-19 crisis, the global market for Integration Platform as a Service (IPaaS) estimated at US$786.8 Million in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 11.2% over the analysis period 2020-2027.
Cloud, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$641.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid segment is readjusted to a revised 10.6% CAGR for the next 7-year period.