Service-Oriented Architecture Market Scope and Size by 2031
The Service-Oriented Architecture Market is expected to register a CAGR of 12.8% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The SOA Market Report is segmented by Solution into the following subsegments: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Integration-as-a-Service (IaaS). It is also segmented by End-User Industry, including Food and Beverages, BFSI, Manufacturing, Healthcare, IT and Telecommunications, Retail, Automobile, Government, and Others. The Deployment Type segmentation includes On-Premise and Cloud solutions. The global analysis is broken down at the regional level and by major countries. The market evaluation is presented in US$ for the above segmental analysis, with forecasts through 2031.
Purpose of the ReportThe report Service-Oriented Architecture Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Service-Oriented Architecture Market Segmentation
Solution- Software-as-a-Services
- Infrastructure-as-a-Service
- Platform-as-a-Service
- Integration-as-a-Services
- Food and Beverages
- BFSI
- Manufacturing
- Healthcare
- IT and Telecommunication
- Retail
- Automobile
- Government
- Others
Strategic Insights
Service-Oriented Architecture Market Growth Drivers- Microservices: Adoption of the Microservices architectural pattern increased the growth of SOA manifold, as it facilitates flexibility and scalability in complex applications.
- Requirement of Interoperability: SOA facilitates different systems and applications in talking to each other seamlessly; that is necessary for any organization where a multi-vendor and multi-platform environment has to thrive.
- Cost-Effectiveness and Agility: The primary reason for the widespread acceptance of SOA is that it allows companies to have quicker development, easier integration of new applications, and cost-effective upgrades in systems.
- Cloud-Native SOA: The rise of cloud computing is making companies implement SOA that is optimized for cloud environment, hence scalable more easily and agilely.
- API-first development: Most organizations take an API-first approach as the heart of their SOA strategy to get easier integration, data sharing, and flexibility in cloud-native architectures.
- Containerization and Kubernetes: The integration of containerization and Kubernetes with SOA is turning out to be the chief facilitator in the design of more dynamic and scalable application environments for companies.
- SOA for Digital Transformation: SOA will help the business incorporate legacy systems into new and modern cloud-based applications while taking on digital transformation.
- Deployment in IoT Ecosystem: The new IoT ecosystem presents the opportunity for integrating devices, applications, and services using the SOA principles, thereby leading to a better flow of data as well as functionality.
- AI and Automation in SOA Management: There is a good opportunity to apply AI to streamline SOA management and debugging and reduce complexity and improve performance.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Service-Oriented Architecture Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Service-Oriented Architecture Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 12.8% during 2021–2031.
The primary driver for this market are cloud computing, and a new trend towards digitization of business processes.
The future trends include growing migration towards microservices architecture. In microservices architectures, the businesses can deploy and scale services independently. The use of AI and machine learning for performing auto-service orchestration as well as in real-time data processing is seen to be a major trend in the coming years.
Some of the leading service-oriented architecture market players are Oracle Corporation, Software AG, Microsoft Corporation, IBM Corporation, Fujitsu Ltd., SAP SE, Tibco Software Inc., CA Technologies, 360logica Software, Crosscheck Networks,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Service-Oriented Architecture Market - By Solution
1.3.2Service-Oriented Architecture Market - By End User
1.3.3Service-Oriented Architecture Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.SERVICE-ORIENTED ARCHITECTURE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.SERVICE-ORIENTED ARCHITECTURE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.SERVICE-ORIENTED ARCHITECTURE MARKET - GLOBAL MARKET ANALYSIS
6.1.SERVICE-ORIENTED ARCHITECTURE - GLOBAL MARKET OVERVIEW
6.2.SERVICE-ORIENTED ARCHITECTURE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SERVICE-ORIENTED ARCHITECTURE MARKET - REVENUE AND FORECASTS TO 2028 â" SOLUTION
7.1.OVERVIEW
7.2.SOLUTION MARKET FORECASTS AND ANALYSIS
7.3.SOFTWARE-AS-A-SERVICES
7.3.1.Overview
7.3.2.Software-as-a-Services Market Forecast and Analysis
7.4.INFRASTRUCTURE-AS-A-SERVICE
7.4.1.Overview
7.4.2.Infrastructure-as-a-Service Market Forecast and Analysis
7.5.PLATFORM-AS-A-SERVICE
7.5.1.Overview
7.5.2.Platform-as-a-Service Market Forecast and Analysis
7.6.INTEGRATION-AS-A-SERVICES
7.6.1.Overview
7.6.2.Integration-as-a-Services Market Forecast and Analysis
8.SERVICE-ORIENTED ARCHITECTURE MARKET - REVENUE AND FORECASTS TO 2028 â" END USER
8.1.OVERVIEW
8.2.END USER MARKET FORECASTS AND ANALYSIS
8.3.FOOD AND BEVERAGES
8.3.1.Overview
8.3.2.Food and Beverages Market Forecast and Analysis
8.4.BFSI
8.4.1.Overview
8.4.2.BFSI Market Forecast and Analysis
8.5.MANUFACTURING
8.5.1.Overview
8.5.2.Manufacturing Market Forecast and Analysis
8.6.HEALTHCARE
8.6.1.Overview
8.6.2.Healthcare Market Forecast and Analysis
8.7.IT AND TELECOMMUNICATION
8.7.1.Overview
8.7.2.IT and Telecommunication Market Forecast and Analysis
8.8.RETAIL
8.8.1.Overview
8.8.2.Retail Market Forecast and Analysis
8.9.AUTOMOBILE
8.9.1.Overview
8.9.2.Automobile Market Forecast and Analysis
8.10.GOVERNMENT
8.10.1.Overview
8.10.2.Government Market Forecast and Analysis
8.11.OTHERS
8.11.1.Overview
8.11.2.Others Market Forecast and Analysis
9.SERVICE-ORIENTED ARCHITECTURE MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Service-Oriented Architecture Market Overview
9.1.2North America Service-Oriented Architecture Market Forecasts and Analysis
9.1.3North America Service-Oriented Architecture Market Forecasts and Analysis - By Solution
9.1.4North America Service-Oriented Architecture Market Forecasts and Analysis - By End User
9.1.5North America Service-Oriented Architecture Market Forecasts and Analysis - By Countries
9.1.5.1United States Service-Oriented Architecture Market
9.1.5.1.1United States Service-Oriented Architecture Market by Solution
9.1.5.1.2United States Service-Oriented Architecture Market by End User
9.1.5.2Canada Service-Oriented Architecture Market
9.1.5.2.1Canada Service-Oriented Architecture Market by Solution
9.1.5.2.2Canada Service-Oriented Architecture Market by End User
9.1.5.3Mexico Service-Oriented Architecture Market
9.1.5.3.1Mexico Service-Oriented Architecture Market by Solution
9.1.5.3.2Mexico Service-Oriented Architecture Market by End User
9.2.EUROPE
9.2.1Europe Service-Oriented Architecture Market Overview
9.2.2Europe Service-Oriented Architecture Market Forecasts and Analysis
9.2.3Europe Service-Oriented Architecture Market Forecasts and Analysis - By Solution
9.2.4Europe Service-Oriented Architecture Market Forecasts and Analysis - By End User
9.2.5Europe Service-Oriented Architecture Market Forecasts and Analysis - By Countries
9.2.5.1Germany Service-Oriented Architecture Market
9.2.5.1.1Germany Service-Oriented Architecture Market by Solution
9.2.5.1.2Germany Service-Oriented Architecture Market by End User
9.2.5.2France Service-Oriented Architecture Market
9.2.5.2.1France Service-Oriented Architecture Market by Solution
9.2.5.2.2France Service-Oriented Architecture Market by End User
9.2.5.3Italy Service-Oriented Architecture Market
9.2.5.3.1Italy Service-Oriented Architecture Market by Solution
9.2.5.3.2Italy Service-Oriented Architecture Market by End User
9.2.5.4United Kingdom Service-Oriented Architecture Market
9.2.5.4.1United Kingdom Service-Oriented Architecture Market by Solution
9.2.5.4.2United Kingdom Service-Oriented Architecture Market by End User
9.2.5.5Russia Service-Oriented Architecture Market
9.2.5.5.1Russia Service-Oriented Architecture Market by Solution
9.2.5.5.2Russia Service-Oriented Architecture Market by End User
9.2.5.6Rest of Europe Service-Oriented Architecture Market
9.2.5.6.1Rest of Europe Service-Oriented Architecture Market by Solution
9.2.5.6.2Rest of Europe Service-Oriented Architecture Market by End User
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Service-Oriented Architecture Market Overview
9.3.2Asia-Pacific Service-Oriented Architecture Market Forecasts and Analysis
9.3.3Asia-Pacific Service-Oriented Architecture Market Forecasts and Analysis - By Solution
9.3.4Asia-Pacific Service-Oriented Architecture Market Forecasts and Analysis - By End User
9.3.5Asia-Pacific Service-Oriented Architecture Market Forecasts and Analysis - By Countries
9.3.5.1Australia Service-Oriented Architecture Market
9.3.5.1.1Australia Service-Oriented Architecture Market by Solution
9.3.5.1.2Australia Service-Oriented Architecture Market by End User
9.3.5.2China Service-Oriented Architecture Market
9.3.5.2.1China Service-Oriented Architecture Market by Solution
9.3.5.2.2China Service-Oriented Architecture Market by End User
9.3.5.3India Service-Oriented Architecture Market
9.3.5.3.1India Service-Oriented Architecture Market by Solution
9.3.5.3.2India Service-Oriented Architecture Market by End User
9.3.5.4Japan Service-Oriented Architecture Market
9.3.5.4.1Japan Service-Oriented Architecture Market by Solution
9.3.5.4.2Japan Service-Oriented Architecture Market by End User
9.3.5.5South Korea Service-Oriented Architecture Market
9.3.5.5.1South Korea Service-Oriented Architecture Market by Solution
9.3.5.5.2South Korea Service-Oriented Architecture Market by End User
9.3.5.6Rest of Asia-Pacific Service-Oriented Architecture Market
9.3.5.6.1Rest of Asia-Pacific Service-Oriented Architecture Market by Solution
9.3.5.6.2Rest of Asia-Pacific Service-Oriented Architecture Market by End User
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Service-Oriented Architecture Market Overview
9.4.2Middle East and Africa Service-Oriented Architecture Market Forecasts and Analysis
9.4.3Middle East and Africa Service-Oriented Architecture Market Forecasts and Analysis - By Solution
9.4.4Middle East and Africa Service-Oriented Architecture Market Forecasts and Analysis - By End User
9.4.5Middle East and Africa Service-Oriented Architecture Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Service-Oriented Architecture Market
9.4.5.1.1South Africa Service-Oriented Architecture Market by Solution
9.4.5.1.2South Africa Service-Oriented Architecture Market by End User
9.4.5.2Saudi Arabia Service-Oriented Architecture Market
9.4.5.2.1Saudi Arabia Service-Oriented Architecture Market by Solution
9.4.5.2.2Saudi Arabia Service-Oriented Architecture Market by End User
9.4.5.3U.A.E Service-Oriented Architecture Market
9.4.5.3.1U.A.E Service-Oriented Architecture Market by Solution
9.4.5.3.2U.A.E Service-Oriented Architecture Market by End User
9.4.5.4Rest of Middle East and Africa Service-Oriented Architecture Market
9.4.5.4.1Rest of Middle East and Africa Service-Oriented Architecture Market by Solution
9.4.5.4.2Rest of Middle East and Africa Service-Oriented Architecture Market by End User
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Service-Oriented Architecture Market Overview
9.5.2South and Central America Service-Oriented Architecture Market Forecasts and Analysis
9.5.3South and Central America Service-Oriented Architecture Market Forecasts and Analysis - By Solution
9.5.4South and Central America Service-Oriented Architecture Market Forecasts and Analysis - By End User
9.5.5South and Central America Service-Oriented Architecture Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Service-Oriented Architecture Market
9.5.5.1.1Brazil Service-Oriented Architecture Market by Solution
9.5.5.1.2Brazil Service-Oriented Architecture Market by End User
9.5.5.2Argentina Service-Oriented Architecture Market
9.5.5.2.1Argentina Service-Oriented Architecture Market by Solution
9.5.5.2.2Argentina Service-Oriented Architecture Market by End User
9.5.5.3Rest of South and Central America Service-Oriented Architecture Market
9.5.5.3.1Rest of South and Central America Service-Oriented Architecture Market by Solution
9.5.5.3.2Rest of South and Central America Service-Oriented Architecture Market by End User
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.SERVICE-ORIENTED ARCHITECTURE MARKET, KEY COMPANY PROFILES
11.1.ORACLE CORPORATION
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.SOFTWARE AG
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.MICROSOFT CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.IBM CORPORATION
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.FUJITSU LTD.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.SAP SE
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.TIBCO SOFTWARE INC.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.CA TECHNOLOGIES
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.360LOGICA SOFTWARE
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.CROSSCHECK NETWORKS
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Oracle Corporation
2. Software AG
3. Microsoft Corporation
4. IBM Corporation
5. Fujitsu Ltd.
6. SAP SE
7. Tibco Software Inc.
8. CA Technologies
9. 360logica Software
10. Crosscheck Networks
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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