ICT and Media Business News Integration Platform as a Service Market Report | Page 2

Integration Platform as a Service Market
Global iPaaS market is projected to reach $4,054 million by 2022, growing at a CAGR of 40.4% during 2017 -
2022.
As per the research, the global iPaaS market has been growing in double-digits. iPaaS is a cloud integration
platform that integrates application and databases. It can also be defined as a set of cloud based suit, which
helps in enabling end-users to develop, manage, govern and integrate application and services as a single,
integrated infrastructure. The increasing demand across various end-use industries including
telecommunication, BFSI, manufacturing, healthcare & life sciences, education, consumer goods & retail,
government & public sector and media & entertainment coupled with growing awareness about iPaaS among
enterprises, is likely to spearhead the growth of the global iPaaS market.
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