Market Overview:
The global service-oriented architecture (SOA) market is expected to grow from USD 9.02 billion in 2018 to USD 21.73 billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the SOA market can be attributed to the increasing demand for cloud-based services and growing need for agility and flexibility in business operations. The software-as-a-service (SaaS) segment is expected to account for the largest share of the SOA market in 2018, owing to its low cost and easy deployment options as compared with on-premises solutions.
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Product Definition:
Service-oriented architecture (SOA) is a style of software design where services are offered to clients by applications, through a communication protocol. SOA is important because it enables businesses to modularize their systems and reuse components, which can lead to increased efficiency and agility.
Software-as-a-services:
Software-as-a-service (SaaS) is a model in which the software is divided into two parts: the service and the client. The service part includes all of the functions that can be performed on demand without any upfront investment. Clients are used to access these services; hence, they need not to be purchased or installed on devices at all.
Infrastructure-as-a-service:
Infrastructure-as-a-Service (IaaS) is a form of cloud computing that involves the provision of virtualized resources and software environment to support applications and services. It also helps in reducing costs, improving flexibility, and offering scalability. The IaaS market has been growing at a rapid pace over the past few years owing to its benefits such as on-demand availability of compute capacity, storage space & network bandwidth along with reduced maintenance & operational expenses.
Application Insights:
The large enterprises segment dominated the global service-oriented architecture market in 2017. This can be attributed to factors such as more mature IT infrastructure, existing cloud adoption, and high expenditure on digital transformation. The SMEs segment is expected to witness significant growth over the forecast period owing to increasing penetration of e-commerce and growing demand for online services.
SOA enables rapid development & deployment of applications by providing a well defined service interface between components. It also helps in reducing software maintenance costs by enabling reusability & standardization across different applications developed using various technologies (e.g., Java, .NET).
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to the presence of a large number of service-oriented companies, such as IBM Corporation; ServiceNow, Inc.; and Salesforce.com, Inc., in this region. Moreover, increasing demand for cloud computing services is also anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to emerge as one of the fastest-growing regions during the same period owing to increasing adoption by SMEs and rapidly growing IT sector in countries such as China and India. In addition, increased spending on developing infrastructure has led major telecom companies including China Telecom Corporation Ltd., Deutsche Telekom AG; Telstra Corporation Limited; SK Telecom Co., Ltd.; KT Corp.; NTT Docomo Inc.
Growth Factors:
- Increased demand for agility and faster time-to-market in the business world
- The need to reduce IT costs and improve efficiency
- The growing popularity of cloud computing and its ability to facilitate SOA deployments
- The increasing use of mobile devices and the need for more agile applications that can be accessed from anywhere
- The trend towards big data analytics, which requires architectures that can handle large volumes of data quickly
Scope Of The Report
Report Attributes
Report Details
Report Title
Service-Oriented Architecture (SOA) Market Research Report
By Type
Software-as-a-services, Infrastructure-as-a-service, Platform-as-a-service, Integration-as-a-services
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Oracle Corporation, Software AG, Microsoft Corporation, IBM Corporation, Fujitsu, SAP SE, Tibco Software, Broadcom, logica Software, Crosscheck Networks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Service-Oriented Architecture (SOA) Market Report Segments:
The global Service-Oriented Architecture (SOA) market is segmented on the basis of:
Types
Software-as-a-services, Infrastructure-as-a-service, Platform-as-a-service, Integration-as-a-services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oracle Corporation
- Software AG
- Microsoft Corporation
- IBM Corporation
- Fujitsu
- SAP SE
- Tibco Software
- Broadcom
- logica Software
- Crosscheck Networks
 Market Overview.svg)
Highlights of The Service-Oriented Architecture (SOA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software-as-a-services
- Infrastructure-as-a-service
- Platform-as-a-service
- Integration-as-a-services
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Service-Oriented Architecture (SOA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Service-Oriented Architecture (SOA) is a design approach that emphasizes the use of services to improve the reliability, scalability, and modularity of software systems. Services are loosely coupled components that can be deployed independently and accessed by multiple applications. SOA enables organizations to scale their software systems by breaking them down into smaller, more manageable pieces.
Some of the major companies in the service-oriented architecture (soa) market are Oracle Corporation, Software AG, Microsoft Corporation, IBM Corporation, Fujitsu, SAP SE, Tibco Software, Broadcom, logica Software, Crosscheck Networks.
The service-oriented architecture (soa) market is expected to register a CAGR of 12.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service-Oriented Architecture (SOA) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Service-Oriented Architecture (SOA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Service-Oriented Architecture (SOA) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Service-Oriented Architecture (SOA) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Service-Oriented Architecture (SOA) Market Size & Forecast, 2020-2028
4.5.1 Service-Oriented Architecture (SOA) Market Size and Y-o-Y Growth
4.5.2 Service-Oriented Architecture (SOA) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Software-as-a-services
5.2.2 Infrastructure-as-a-service
5.2.3 Platform-as-a-service
5.2.4 Integration-as-a-services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Service-Oriented Architecture (SOA) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Service-Oriented Architecture (SOA) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Software-as-a-services
9.6.2 Infrastructure-as-a-service
9.6.3 Platform-as-a-service
9.6.4 Integration-as-a-services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Software-as-a-services
10.6.2 Infrastructure-as-a-service
10.6.3 Platform-as-a-service
10.6.4 Integration-as-a-services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Software-as-a-services
11.6.2 Infrastructure-as-a-service
11.6.3 Platform-as-a-service
11.6.4 Integration-as-a-services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Software-as-a-services
12.6.2 Infrastructure-as-a-service
12.6.3 Platform-as-a-service
12.6.4 Integration-as-a-services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Software-as-a-services
13.6.2 Infrastructure-as-a-service
13.6.3 Platform-as-a-service
13.6.4 Integration-as-a-services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Service-Oriented Architecture (SOA) Market: Competitive Dashboard
14.2 Global Service-Oriented Architecture (SOA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oracle Corporation
14.3.2 Software AG
14.3.3 Microsoft Corporation
14.3.4 IBM Corporation
14.3.5 Fujitsu
14.3.6 SAP SE
14.3.7 Tibco Software
14.3.8 Broadcom
14.3.9 logica Software
14.3.10 Crosscheck Networks
