Service Oriented Architecture

Service Oriented Architecture

Global Service Oriented Architecture Market to Reach $61.3 Billion by 2030
The global market for Service Oriented Architecture estimated at US$21.6 Billion in the year 2023, is expected to reach US$61.3 Billion by 2030, growing at a CAGR of 16% over the period 2023-2030.

The U.S. Market is Estimated at $6.4 Billion, While China is Forecast to Grow at 14.9% CAGR
The Service Oriented Architecture market in the U.S. is estimated at US$6.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.3 Billion by the year 2030 trailing a CAGR of 14.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.6% and 13.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.5% CAGR.

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What to Expect from the Global Economy in 2024
Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 12 Featured) -
  • 360logica Software Testing Company
  • CA Technologies
  • CA Technologies
  • Crosscheck Networks, Inc.
  • Fiorano Software, Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development LP (HPE)
  • IBM Corporation
  • Informatica Corporation
  • ManagedMethods, Inc.
  • Mendix, Inc.
  • Nastel Technologies, Inc.
  • Oracle Corporation
  • Pegasystems, Inc.
  • Perficient, Inc.
  • Red Hat, Inc.
  • Software AG
  • Tibco Software, Inc.
  • WSO2, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Service Oriented Architecture - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rise in Digital Transformation Initiatives Expands Addressable Market Opportunity
Increasing Adoption of Microservices Architecture Drives SOA Market Growth
Growing Demand for Agile and Scalable IT Infrastructure Spurs SOA Adoption
Expansion of E-commerce Platforms Accelerates SOA Deployment
Increasing Focus on Interoperability Drives Adoption of SOA
Growing Popularity of DevOps Practices Propels SOA Market
Integration of Blockchain Technology in SOA Here's the Story
SOA in Financial Services Sector Generates Demand for Secure Transactions
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Service Oriented Architecture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 2: World Historic Review for Service Oriented Architecture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 3: World 16-Year Perspective for Service Oriented Architecture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
TABLE 4: World Service Oriented Architecture Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
TABLE 5: USA Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 6: USA Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
CANADA
TABLE 7: Canada Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 8: Canada Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
JAPAN
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
TABLE 9: Japan Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 10: Japan Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
CHINA
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
TABLE 11: China Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 12: China Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
EUROPE
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
TABLE 13: Europe Recent Past, Current & Future Analysis for Service Oriented Architecture by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 14: Europe Historic Review for Service Oriented Architecture by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 15: Europe 16-Year Perspective for Service Oriented Architecture by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
FRANCE
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
TABLE 16: France Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 17: France Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
GERMANY
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
TABLE 18: Germany Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 19: Germany Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
ITALY
TABLE 20: Italy Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 21: Italy Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
UNITED KINGDOM
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
TABLE 22: UK Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 23: UK Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
REST OF EUROPE
TABLE 24: Rest of Europe Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 25: Rest of Europe Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
ASIA-PACIFIC
Service Oriented Architecture Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
TABLE 26: Asia-Pacific Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 27: Asia-Pacific Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
REST OF WORLD
TABLE 28: Rest of World Recent Past, Current & Future Analysis for Service Oriented Architecture by Segment - Service Oriented Architecture - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 29: Rest of World Historic Review for Service Oriented Architecture by Segment - Service Oriented Architecture Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
IV. COMPETITION

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