Services Oriented Architecture (Soa) Market Analysis and Segment Forecasts to 2020

Services Oriented Architecture (SOA) Market Current Trends, Size, Share,

Industry Analysis, Competitive Intelligence, Growth, Opportunities and

Global Forecasts To 2014 - 2020

The services oriented architecture (SOA) market is expected to reach over USD 16 billion by

2020. It had a market value of USD 5.7 billion in 2013. It is expected to register high growth

rates on account of reliance on cloud computing and functionality of smartphone applications.

Unstructured data generated by machines or created due to social media drive the services

oriented architecture (SOA) market.

Services oriented architecture is a software design pattern in which application components

provide services to other application components over a network via a communication protocol.

They allow applications to be reused and make it easy to upgrade saving time and money for

businesses. Cloud and mobile computing allow developers to mine social media data and

implement analytics accordingly. It uses SOAP (Simple Object Access Protocol) to ensure

communication between 2 applications.

IBM dominates the services oriented architecture (SOA) market due to already investing in

integration and analytics technology. This achieves support for compatible systems and lets it

achieve end point integration to manage modern IT systems. IBM has managed to make its SOA

systems scalable and secure by banking on real time computing and the Internet.

Read Complete Report with TOC: http://www.radiantinsights.com/research/servicesoriented-architecture-soa

IBM was the first to seamlessly integrate mobile development, cloud computing, and big data. It

provides API (application program interface) for all smartphone platforms. Business friendly

data integration coupled with computing layers and embedded storage will encourage the trend

of decentralization. It also enhances the organization’s ability to perform diagnostic analytics.

SOA is the base for modern transactional systems and...