ICT and Media Business News Integration Platform as a Service Market Report | Page 3

Integration Platform as a Service Market
Insights into Market Segments
Telecommunication contributes with highest revenue to the iPaaS market, while BFSI, healthcare and life
sciences, government and public sector, manufacturing, media and entertainment, consumer goods and retail
and education are the other major types of iPaaS. The market for iPaaS in government & public sector is likely to
register the highest growth during the forecast period on account of growing data traffic, rising government
spending towards advance technology and growing security concern.
On the basis of deployment type, hybrid cloud has been the largest revenue generator in the global iPaaS market
owing to growing adoption of cloud services, rising awareness level and increasing security concern among
enterprises. Based on organization size, large enterprises have been the larger revenue generating segment in
global iPaaS market, due to the growing need for business agility, increasing focus of the companies towards
reducing cost of ownership along with rising adoption of cloud services.
Copyright © P&S Market Research