The Global High Performance Message Infrastructure Market size is expected to reach $2,000.1 million by 2027, rising at a market growth of 13.1% CAGR during the forecast period.
High-performance message infrastructure refers to the technology which offers a single shared messaging provision for integration of services and applications in an improved, easy, efficient, and safer manner on a large number of platforms. Additionally, this infrastructure works effectively even in fluctuating connectivity situations in order to facilitate constant functioning of the systems and prevent information loss.
The growing deployment of integrated platforms and hybrid solutions has increased the spending on online high-performance message infrastructure components, which would fuel the growth of the market. The deployment rate of cloud solutions and services is increasing day by day among various the businesses and thus, it is estimated that this trend will accelerate in the forthcoming period.
Moreover, the stakeholders are playing an important role in the high-performance message infrastructure market by investing a huge amount in research and development activities and new product developments to expand their portfolio and stay competitive in this market.
The outbreak of the COVID-19 pandemic had issued a negative impact on various industries across the world. Governments across the world imposed stringent regulations that restricted the movement. Additionally, nations are still trying to find ways to defeat the pandemic and reduce its impact on health, livelihoods, and businesses.
During the COVID-19 pandemic, the high-performance message infrastructure market witnessed a prominent growth as there is an increase in the demand for cloud-based solutions and infrastructures. The deployment of high-performance message infrastructure has also escalated to facilitate the communication between logic codes.
The demand for high-performance message infrastructure is rapidly increasing as various large enterprises and SMEs are increasingly shifting towards digitalization. The outbreak of the COVID-19 compelled companies to shift their businesses to a digital platform. During the pandemic, governments across various nations imposed various stringent lockdown restrictions, resulting in closure and disruption of numerous businesses activities of majority of global companies.
High-performance message infrastructure provides a safe and single messaging support for efficient integration of services and solutions across several platforms that help in preventing data or information loss and provide uninterrupted functioning of systems even during fluctuating connectivity. In addition, this infrastructure allows the split cloud-based applications to communicate with each other or with other on-premises systems. Additionally, high-performance message infrastructure enables other systems or applications that exist on some different cloud to communicate, irrespective of their locations.
As the companies are shifting their businesses to a digital platform, there is a surge in the generation of data. Companies are generating a large volume of data on the daily basis, due to which they need to adopt various solutions to manage and monitor the generated data. In addition, with the increase in the generation of data, the number of cyber security threats has also increased correspondingly. Social engineering and phishing attacks are the major types of cyber threats that would increase with the rapid shift of the companies towards digitalization and cloud.
The High-Performance Message Infrastructure Market is bifurcated into Software and Services. In 2020, the software segment acquired the maximum revenue share of the high-performance message infrastructure market and would display the similar kind of trend even during the forecast period. The major factor contributing to the growth of the segment is the rising demand from companies to organize information integration and data sharing among several systems and applications.
The High-Performance Message Infrastructure Market is divided into BFSI, IT & Telecom, Government, Retail, Energy & Utilities, Transportation & Logistics, and others. In 2020, the BFSI segment dominated the high-performance message infrastructure market and the segment would maintain its leading position even during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 885.1 Million |
| Market size forecast in 2027 | USD 2,000.1 million |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 13.1% from 2021 to 2027 |
| Number of Pages | 195 |
| Number of Tables | 293 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Component, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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The High-Performance Message Infrastructure Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2020, North America emerged as the leading region by obtaining the maximum revenue share of the high-performance message infrastructure market. Moreover, the regional market would showcase the similar kind of trend even during the forecast period.
Free Valuable Insights: Global High Performance Message Infrastructure Market size to reach USD 2,000.1 million by 2027
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Amazon.com, Inc. is the major forerunners in the High Performance Message Infrastructure Market. Companies such as Tibco Software, Inc., Oracle Corporation, Twilio, Inc. are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Salesforce.com, Inc. (MuleSoft, LLC), SAP SE, Amazon.com, Inc., Oracle Corporation, Twilio, Inc., Real-Time Innovations (RTI), Solace (Bridge Growth Partners), Informatica, LLC, and Tibco Software, Inc. (Vista Equity Partners).
By Component
By End User
By Geography
The High performance message infrastructure market size is projected to reach USD 2,000.1 million by 2027.
Growing demand from SMEs as well as large enterprises are driving the market in coming years, however, a significant increase in the number of cyber security threats limited the growth of the market.
IBM Corporation, Salesforce.com, Inc. (MuleSoft, LLC), SAP SE, Amazon.com, Inc., Oracle Corporation, Twilio, Inc., Real-Time Innovations (RTI), Solace (Bridge Growth Partners), Informatica, LLC, and Tibco Software, Inc. (Vista Equity Partners).
The expected CAGR of the High performance message infrastructure market is 13.1% from 2021 to 2027.
The services segment would exhibit the highest growth rate of the high-performance message infrastructure market during the forecasting years.
Asia-Pacific would display the highest growth rate in the high-performance message infrastructure market during the forecasting period.
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