Global Middleware Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Middleware Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Middleware is software that lies between an operating system and the applications running on it. Essentially functioning as hidden translation layer, middleware enables communication and data management for distributed applications. It’s sometimes called plumbing, as it connects two applications together so data and databases can be easily passed between the “pipe.” Using middleware allows users to perform such requests as submitting forms on a web browser, or allowing the web server to return dynamic web pages based on a user’s profile.

Market Overview:

The latest research study on the global Middleware Software market finds that the global Middleware Software market reached a value of USD 36166.85 million in 2022. It’s expected that the market will achieve USD 52004.28 million by 2028, exhibiting a CAGR of 6.24% during the forecast period.

Impacts from the short-term

The outbreak of COVID-19 has had a huge impact on the global economy, leading to a decline in economic growth, and will inevitably lead to a significant reduction in the company's investment in software services in 2020. Therefore, in the short term, the size of the middleware software market will be smaller than last year. Middleware software is essential for data management, even during economic downturns, expenditures will still occur. Small middleware software companies and emerging companies may be at risk. Although sales revenue and fund-raising provide a buffer for overcoming difficulties, the company’s problems are likely to be exposed because the budget cannot be changed in the short term.

Impacts from the long-term

When the COVID-19 pandemic ends, the remote working model and the risks established with remote employees will not end. However, after the outbreak of the epidemic, the governments of many countries have issued a series of policies and plans to help the economy recover, and plan to make key investments and support in their fields, which will undoubtedly continue to promote the development of software. COVID-19 will have a certain positive impact on the middleware software market. The middleware software industry has an immeasurable long-term impact. Middleware software should take measures to overcome this epidemic and survive. In the long run, companies that take active measures to respond to the crisis will grow larger in the future.

Region Overview:

In 2021, the share of the Middleware Software market in North America stood at 57.62%.

Company Overview:

IBM is one of the major players operating in the Middleware Software market, holding a share of 23.2% in 2022.

IBM

International Business Machines Corporation is an American multinational technology company and consulting company headquartered in Armonk, New York. IBM's main customers are governments and enterprises. IBM produces and sells computer hardware and software, and provides consulting services for system architecture and network hosting.

Oracle

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company sells database software and technology, cloud engineered systems, and enterprise software products—particularly its own brands of database management systems. In 2019, Oracle was the second-largest software company by revenue and market capitalization.

Segmentation Overview:

By type, Basic Middleware segment accounted for the largest share of market in 2021.

Basic Middleware

Basic middleware includes software services such as message middleware and transaction middleware. The main function of message middleware is to establish a network asynchronous communication channel, realize application communication between different or the same computer system, and provide a decoupling function for the operation of distributed application systems in a network environment. It is usually used in various systems or components. Send message data between. The main role of transaction middleware is to efficiently transmit transaction requests, coordinate various branches of the transaction, ensure the integrity of the transaction, schedule the operation of the application, and ensure the efficiency of the entire system.

Integration Middleware

Integration middleware is mainly used for resource integration between heterogeneous systems (such as different database systems, business application systems, etc.) to achieve functions such as interconnection and intercommunication, data sharing, business process coordination and unification, and to build flexible and scalable distribution Enterprise applications.

Application Integration Middleware

Application Integration Middleware is the process of bringing data or a function from one application program together with that of another application program. Where these programs already exist, the process is sometimes realized by using middleware tools, either packaged by a vendor or written on a custom basis.

Application Overview:

The market's largest segment by application is the segment Banking, Financial Services, Insurance (BFSI), with a market share of 45.28% in 2021.

Key Companies in the global Middleware Software market covered in Chapter 3:

SAP
Oracle
Fujitsu
Axway Inc
Google
TIBCO Software
Microsoft
Amazon
Siemens
IBM
Salesforce

In Chapter 4 and Chapter 14.2, on the basis of types, the Middleware Software market from 2018 to 2029 is primarily split into:

Basic Middleware
Integration Middleware
Application Integration Middleware
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Middleware Software market from 2018 to 2029 covers:

Retail
Medical
Banking, Financial Services, Insurance (BFSI)
Car
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)