February 29, 2012 at 15:08 PM EST
Research and Markets: Global ESB Suites Market 2011-2014 - The Global ESB Suites Market to Reach US$3.3 Billion By 2014

Research and Markets(http://www.researchandmarkets.com/research/d3dde1/global_esb_suites) has announced the addition of the "Global ESB Suites Market 2011-2014" report to their offering.

One of the key factors contributing to this market growth is the increasing demand for business process automation. The Global ESB Suites market has also been witnessing potential growth from the Small and Medium-sized Business segment. However, complex IT infrastructure of large enterprises poses the biggest challenge in the adoption of ESB suites.

Key vendors dominating this market space include IBM Corp., Oracle Corp., Microsoft Corp., and Software AG.

TechNavio today launched its report Global ESB Suites Market 2011-2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the key trends impacting the growth of this market.

Commenting on the report, an analyst from TechNavio's Enterprise Computing team said, One of the main drivers of the Global ESB Suites market is the need for business process automation. ESB suites enable companies within or across organizational boundaries to blend and organize automated business processes by exchanging business documents such as purchase orders and invoices etc. between disparate applications. Moreover, the major feature of ESBs is to bring about information which is stored in existing back-end applications and data stores for use by new business service applications.

According to the report, the Global ESB Suites market will witness growing demand from different sectors such as Banking & Finance, Telecommunications, Government, and others such as Manufacturing, Retail, and Oil and Gas. The Banking sector is considered as an early adopter of technology and is known for investing strongly in IT. Also, the Telecommunication sector follows banking and finance sector very closely in terms of penetration and technology development regarding ESB suites.

The report also discusses key challenges impacting this market including low level of awareness about ESB Suites.

For more information visit http://www.researchandmarkets.com/research/d3dde1/global_esb_suites

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