NEW YORK, Nov. 23, 2022 /PRNewswire/ — According to Technavio, the global enterprise application and integration market size is projected to grow by USD 17242.64 million from 2022 to 2027. The market is estimated to grow at a CAGR of 13.34% during the forecast period. North America held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 32%.
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Global Enterprise Application and Integration Market – Parent Market Analysis
Technavio categorizes the global enterprise application and integration market as a part of the application software market, which covers companies that are engaged in developing and producing application and system software. It also includes companies offering database management software and companies that are engaged in developing and producing software designed for specialized applications for the business or consumer market.
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Global Enterprise Application and Integration Market – Five Forces
The global enterprise application and integration market is fragmented, and the five forces analysis covers –
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of…
