Middle East Middleware Market Worth $1,028.2 Million by 2019
Browse 82 market tables and 16 figures spread through 190 pages and in-depth TOC on "Middle East Middleware Market Advancements Market"
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MarketsandMarkets has segmented this market by product types, deployment types, organization size, verticals, and countries in Middle East. The major driving forces which are enabling the growth of this market are constant growth of data across enterprises, technological advancements, reduced cost for IT and business processes, and increased A2A integration. The significant rise in this market is due to rapid development and deployment of applications moreover, automated business processes by various businesses have also been the influencing factors for the growth of this market.
Some of the products which are gaining traction and investment from various vendors are communication middleware, platform middleware, application integration middleware, and others. Some of the major providers include Fujitsu, IBM, HP, Oracle, SAP, Tibco, Software AG, Unisys, and others. These vendors have uniquely positioned themselves in the market with propagation of new product developments and lucrative partnerships and acquisitions.
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MarketsandMarkets forecasts the Middleware Market is expected to grow from $657.5 million in 2014 to $1,028.2 million in 2019, at a Compound Annual Growth Rate (CAGR) of 9.4% from 2014 to 2019. Consumer Goods and Retails expected to be the biggest contributor in terms of revenue, while the growing markets of Healthcare and BFSI are expected to experience increased market traction with high CAGR's, during the forecast period.
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