Application infrastructure and middleware (AIM) market revenue rose 12.1 percent to $28.5 billion in 2017, IT research firm Gartner said.
IBM, Oracle, Salesforce, Microsoft and Amazon are the top AIM software companies in the world.
IBM has 21.5 percent share in the global AIM software market.
Oracle has 11 percent share of the AIM software segment.
Salesforce has 6.3 percent share of the AIM software market.
Microsoft has 4.7 percent of the AIM software market.
Amazon has 2.9 percent share in the global AIM software market.
Other technology vendors have 53.5 percent of the AIM software market.
Enterprise CIOs are spending on technologies such as cloud computing, Internet of Things (IoT), analytics and artificial intelligence (AI) as part of the strategy to shift toward digital business models — boosting the global spending on AIM software market.
“A new approach to application infrastructure is the foundation organizations build their digital initiatives upon, and therefore robust demand in the AIM market is testament to the occurrence of digitalization,” said Fabrizio Biscotti, research vice president at Gartner.
AIM software market will grow faster in 2018. Post 2018, the AIM software market will face slow growth each year, reaching around 5 percent in 2022.
Licensed, on-premises application integration suite offerings that make up larger segments served by market incumbents such as IBM and Oracle achieved single-digit growth in 2016 and 2017. Gartner expects this growth to continue through 2022.
The iPaaS segment generated $1 billion revenue for the first time in 2017 after growing over 60 percent in 2016 and 72 percent in 2017. This makes iPaaS one of the fastest-growing software segments.