Global High Performance Message Infrastructure Market Analysis by Component, Industry, Region and segments forecast till 2033

Market Overview

The global High Performance Message Infrastructure Market valued at USD 1098.09 million in 2022 is expected to reach a value of USD 3406.09 Billion in 2033, growing at a CAGR of 15.2%.

Report Scope

Global High Performance Message Infrastructure Market- Description

High performance message infrastructure offers a single and safe mutual messaging support for simpler integration of applications and services on various platforms. It avoids the loss of information and ensures uninterrupted functioning of systems despite fluctuating connectivity. High performance message infrastructure systems provide advanced message queuing protocol (AMQP), which includes queuing, routing, message orientation for security, and reliability. Employment of high-performance message infrastructure enhances fault resilience as well as protects information from being forged or compromised across topographically and technically distinct systems.

The market is expected to witness significant growth during the forecast period in line with the continued implementation of advanced IoT solutions. The growing demand for connected devices to manage, track, maintain, and monitor equipment effectively and retrieve real-time and meaningful insights to make informed decisions has remained a key factor driving the adoption of message infrastructure solutions worldwide. Moreover, the growing focus of companies on improving client-server interactions associated with IoT-based systems has encouraged companies to opt for advanced and custom high-performance message infrastructure solutions.

Key Trends of Global High Performance Message Infrastructure Market:

·         Adoption of Internet of Things (IoT) will thrive the market growth:

As digitalization continues to take over the business world, enterprises are using various tactics to adopt to new changes. Adoption of new platforms such as internet of things platform is on the rise. These platforms facilitate the collection of data from devices and enables business transformation. Internet of things platform connects different components and ensures an uninterrupted flow of communication between devices or systems. The foundation of Internet of Things (IoT) platform is an enterprise's messaging infrastructure. Such services include a device registration element and the associated status for handling the data. Increasing adoption of IoT platforms by business organizations is anticipated to support the growth of high-performance messaging infrastructure market during the forecast period.

·         Cyber Breaches:

Growing number of cyber security threats along with data privacy issues are acting as market restraints for high performance message infrastructure in the above mentioned forecasted period. They are increasing concerns about data security and the growing penetration of internet services and smartphones, which empower and make customers aware of using highly effective software solutions and influence the demand for cloud-based high-performance message infrastructure solutions. Moreover, the rich feature set of SaaS solutions that enable organizations to manage complex activities further triggers market growth.

Segmental Analysis of global High Performance Message Infrastructure Market:

Based on Component

• Software

• Middleware

• Services

Middleware segment dominates the high-performance message infrastructure market. High performance message infrastructure middleware consists of an inter-connected communication solution that mainly depends upon asynchronous message passing, as contradictory to request and response architecture. The message queue offers provisional storage, when the program is unavailable or busy, in case of asynchronous messaging.

Based on Industry Vertical

• BFSI

• IT and Telecom

• Government

• Retail

• Energy and Utilities

• Transportation and Logistics

• Others

BSFI segment accounts for the largest revenue share and is likely to continue its dominance over the forecast period. As digitalization begins to penetrate its roots across major industries, the banks and financial organizations are under constant pressure to upgrade their services as well. This is prompting the adoption of advanced IT infrastructures and services such as high-performance message infrastructure.

Geographical Analysis of global high performance message infrastructure market:

The global High Performance Message Infrastructure Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America and Middle East and Africa.

The U.S. will continue to dominate the North America high performance message infrastructure market on account of increasing penetration of modern technologies, growing popularity of big data and heavy presence of leading market players. The U.S. is home to some of the world’s leading business firms. Majority of the companies based in U.S. are increasingly employing high performance message infrastructure to increase their efficiency and minimize the threat of information loss. Moreover, growing trend of using big data and software development and Information Technology operations (DevOps) is positively impacting the growth of high-performance message infrastructure market.

Global High Performance Message Infrastructure Market: Recent Developments

·         In 2021, Softline, the leading global solutions and services provider in digital transformation and cybersecurity, launched a new high-performance platform called “Softline Cloud”. The new solution is believed to have higher compute performance, a high-performance HP Primera data storage, and an ultra-fast data bus within the platform powered by Cisco equipment.

·         • In January 2022, Syntax and Oracle partnered to extend their solutions and offer their customers better services.

Global High Performance Message Infrastructure Market: Key Companies

·         Amazon Web Services, Inc.

·         Confinity Solutions GmbH

·         International Business Machines Corporation

·         MuleSoft LLC, a Salesforce company

·         Oracle

·         Red Hat, Inc.

·         SAP SE

·         Solace

·         TIBCO Software Inc.

·         TWILIO INC.

·         Others

Global High Performance Message Infrastructure Market: Regional Scope          

North America

·         U.S.

·         Canada

·         Mexico

Europe

·         U.K.

·         Germany

·         France

·         Italy

·         Spain

·         Rest of Europe

Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia

·         Rest of Asia Pacific

South America

·         Brazil

·         Argentina

·         Rest of South America

Middle East and Africa

·         Saudi Arabia

·         UAE

·         Egypt

·         South Africa

·         Rest of Middle East and Africa

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