About Expert Market Research
The global iPaaS market is being driven by the immense opportunities offered by the BFSI sector. This can be attributed to the complex integration between cloud services and on-premises systems. Moreover, banks are investing heavily in iPaaS for cost-reduction and enabling centralised management of all integrated processes. Further, other factors like rapid technological advancements and growing digitisation, particularly in emerging nations, are also contributing to the growth of the industry. Over the forecast period, the media and entertainment industry and the increasing investments by the leading industry players are expected to further bolster the growth of the iPaaS market.