Service-oriented
architecture (SOA) is collection of services that communicate
with each other. The communication comprise of data transfer
involving two or more services facilitating specific functionality.
SOA consist of modules that are built as software components called
services. The components are discrete pieces of data structures that
can be reused for diverse purposes, thereby providing flexibility
into the software systems. SOA enhances the ability of infrastructure
to transform in response to change in the business environment. It
also supports the management of re-usable business services as it
compromise of flexible components.
SOA facilitates
outsourcing of applications or business processes. It enables
interoperability, reusability, and enhances the ability of
organizations by means of integrated services such as cloud, big data
and mobile computing. Further, it supports reduction in maintenance,
and integration cost of networks. With the industries perceiving a
number of mergers and acquisitions, SOA facilitate integration of IT
and business processes across the merged or acquired entities.
Innovation in software technologies and infrastructures are fueling
the adoption of SOA in various industry verticals such as healthcare,
telecommunication and IT.
The global SOA
market has been experiencing growth in recent years due to increasing
adoption of mobile technology, adoption of web based applications in
commercial and industrial sectors, rising adoption of cloud computing
and innovation in smart phone for transactions and payments
application. The other additional factors contributing to the growth
of SOA market are increasing unstructured data generation by
machines, technologies and equipment due to social media and growing
adoption of integrated IT infrastructure. However, the long
development cycle and design complexity of SOA framework is hindering
the market growth of SOA market. The evolving SOA platform with
integrated applications supporting cloud computing and big data
technology is expected to create opportunities for expanding SOA
market.
The global SOA
market is segmented on the basis of solutions, end-use adoption,
services, application and geography. Based on the solution type, the
global SOA market is segmented into software-as-a-services,
infrastructure-as-a-service, platform-as-a-service and
integration-as-a-services. In terms end-use adoption, the global SOA
market is segmented into food and beverages, manufacturing,
healthcare, IT and telecommunication, retail, automobile, government
and bussiness financial services and insurance (BFSI). In terms of
services, the global SOA market is segmented as system integration
and design. On the basis of application, the SOA market is segmented
into cloud based SOA systems.
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Moreover, on the
basis of geography the global SOA market is classified into North
America, Europe, Middle East and Africa, Asia Pacific and Latin
America. Among these, North America is expected to lead the market
due to expansion of large firms through adoption of SOA application
for integrated services to reduce operational cost such as adoption
of SOA application for interconnection of applications using
middleware and adoption of SOA to develop cloud computing.
Some of the key
players in SOA market with most significant developments are Oracle
Corporation, Software AG, Microsoft Corporation, IBM Corporation,
Fujitsu Ltd., SAP SE, Tibco Software Inc., CA Technologies, 360logica
Software and Crosscheck Networks.
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