Global High Performance Message Infrastructure Market (2021 to 2028) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

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DUBLIN, January 24, 2022--(BUSINESS WIRE)--The "High Performance Message Infrastructure Market Size, Share & Trends Analysis Report By Component (Software And Services), By Industry Vertical, By Region, And Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global high performance message infrastructure market size is estimated to reach over USD 2.41 billion by 2028. The market is expected to expand at a CAGR of 14.3% from 2021 to 2028.

Companies Mentioned

  • Amazon Web Services, Inc.

  • Confinity Solutions GmbH

  • International Business Machines Corporation

  • MuleSoft LLC, a Salesforce company

  • Oracle

  • Red Hat, Inc.

  • SAP SE

  • Solace

  • TIBCO Software Inc.

  • TWILIO INC.

The increase in the adoption of IoT platforms is one of the key factors driving the market growth. Additionally, the development of enhanced IT infrastructure is driving the demand for high-performance message infrastructure platforms and services.

The outbreak of COVID-19 and its unsettling influence has significantly impacted a majority of industries. However, it has also provided new opportunities for cloud-based solutions and infrastructures. Many organizations have adopted the work-from-home approach during the pandemic, which has increased the demand for platform integration services. This, in turn, has accelerated the adoption of high-performance message infrastructure to ease communication between business logic codes.

High-performance message infrastructure is a technology that provides a single shared messaging provision for a safe, easy, enhanced, and efficient integration of applications and services on numerous platforms. Moreover, even in fluctuating connectivity circumstances, a high-performance message infrastructure allows users to ensure uninterrupted functioning of the systems and avoid information loss.

The market has also benefitted from the high adoption of hybrid solutions and integration platforms, which, in turn, is contributing to the increasing investments in online high-performance message infrastructure components. The adoption of cloud solutions and services has already become a norm for a majority of businesses, and the trend is expected to witness growth over the coming years.

High Performance Message Infrastructure Market Report Highlights

  • In terms of components, the software segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period as well. This can be attributed to the increase in the adoption of message-oriented hardware and middleware infrastructures among enterprises. In addition, the services segment is anticipated to register the highest CAGR of around 16% over the forecast period

  • In terms of industry vertical, the BFSI segment accounted for the largest revenue share in 2020 and is expected to dominate the market throughout the forecast period. As customers are going digital, banks and financial organizations are under constant pressure to offer better services and enhance their experience. This has increased the demand for advanced IT infrastructure and services to expedite the transformation process. Meanwhile, the transportation and logistics segment is anticipated to register the highest CAGR of nearly 21% over the forecast period

  • North America dominated the market in 2020 and is expected to continue leading over the forecast period. This can be attributed to the presence of a large number of market players in the region. Moreover, the region is also the largest producer of automation equipment and home to technological adopters as well as innovators

  • Meanwhile, Asia Pacific is anticipated to expand at the highest CAGR of around 16% over the forecast period. This growth is attributed to the growing cloud infrastructure spending by large as well as small & medium enterprises in the region. For instance, the cloud infrastructure spending of China grew by 66% from 2019 to 2020, recording USD 19 billion

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Parent market outlook

3.2 Penetration & Growth Prospect Mapping

3.3 Market Dynamics

3.3.1 Market driver analysis

3.3.1.1 Increase in adoption of cloud solutions and services

3.3.1.2 Emergence of IoT software

3.3.2 Market restraint/challenge analysis

3.3.2.1 Rising data privacy concerns and increasing cyber threats

3.3.3 Market opportunity analysis

3.3.3.1 Increase in demand for digital engagement from developing countries

3.4 Porter's Five Forces Analysis

3.5 PEST Analysis

3.6 COVID-19 Impact on High-Performance Message Infrastructure Market

Chapter 4. High-Performance Message Infrastructure Market: Component Estimates & Trend Analysis

4.1 Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2028 (USD Million)

4.2 Component Movement Analysis & Market Share, 2020 & 2028

4.3 Software

4.3.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)

4.4 Services

4.4.1 Market size estimates and forecasts, 2016 - 2028 (USD Million)

Chapter 5. Industry Vertical Estimates and Trend Analysis

Chapter 6. Regional Estimates & Trend Analysis

Chapter 7. Competitive Analysis

Chapter 8. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/m4fpp6

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005488/en/

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