AIM Software Market, By Type (Managed and Professional), By Application (BFSI, IT, Media & Entertainment, and Retail & Consumer), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI160319 | Publish Date: May 2024 | No. of Pages: 180

Global AIM Software Market By Overview

AIM Software Market was valued at US$ 37.5 billion in 2024 and is projected to grow at a CAGR of 11.0% to reach US$ 97.3 billion by 2034.

Application infrastructure middleware (AIM) Software is a software-based solution for mediating communication between networked operating systems and applications. Typically, it is configured between many servers' operating systems and applications. Some of the often utilized AIM solutions include business process management, message-oriented middleware, enterprise service bus, B2B middleware, and transaction processing monitors. Business process management (BPM) enabling technologies, integration enabling middleware, platform middleware, portals, Web 2.0 infrastructure, and a variety of other items categorized as "other AIM" are all included in the Application Infrastructure and Middleware (AIM) software market category. Software that supports data consistency, composite applications, and multi-step process types of integration is known as integration-enabling middleware. It allows separately designed applications, software components, or services to function together.

The market is growing owing to a large part of the usage of cloud computing services across various sectors. AIM solutions are implemented in enterprises to transform complicated, current programs into Software-as-a-Service (SaaS) offerings. Furthermore, a major factor driving market expansion is the growing use of Internet of Things (IoT)-enabled devices. Improved integration and orchestration facilitate the migration and reconstruction of vital customer-focused apps and assets. The administration of distant devices and databases, improved organizational mobility, and data security provided by AIM are further factors driving the market's expansion.

Rapid growth is being experienced by the global Application Infrastructure and Middleware (AIM) software industry. AIM has effectively established itself as a foundation technology for big data, analytics, and mobile technology, and it is rapidly growing along with the cloud computing industry as a facilitator of service-oriented architecture.

AIM Software Market Research Report

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global AIM Software Market By Dynamics

AIM Software Market Drivers:

The rising cloud-based AIM software consumer demand

  • Application infrastructure and middleware (AIM) software which is hosted on a cloud computing platform is known as cloud-based AIM software. This indicates that the user accesses the program via the internet rather than having it installed on their device. The need for cloud-based AIM software is growing for several reasons. First off, compared to on-premises AIM software, cloud-based AIM software is more scalable.
  • This is so that, in response to demand, the cloud provider may dynamically scale the resources allotted to the software. Second, compared to on-premises application infrastructure and middleware (AIM) software, cloud-based AIM software offers greater flexibility. This is because the program is accessible from any location with an internet connection. This facilitates global data access and collaboration between organizations and their partners and customers.

Technological advancements

  • Technological breakthroughs and industry-wide digital transformation initiatives are driving a dynamic evolution of the Application Infrastructure and Middleware (AIM) Software market. The need for lightweight, containerized AIM tools is being driven by the growing use of microservices architectures. These facilitate granular application administration, continuous integration/continuous delivery (CI/CD), and quick development.
  • Furthermore, Machine learning (ML) and artificial intelligence (AI) features are being added to AIM software more and more. AI-powered solutions minimize human labor and enable proactive resource allocation by automating processes like security management, performance optimization, and API discovery. These developments are redefining the AIM software market, encouraging innovation, and empowering companies to adapt to the ever-changing digital context.

AIM Software Market Restraints:

Concerns regarding security and data privacy

  • Large volumes of sensitive asset data, such as financial data, details about physical assets, and information about intellectual property, are managed using AIM software. Organizations may suffer financial losses, harm to their brand, and legal ramifications in the event of a security breach or illegal access to this data. Companies must make sure that strong security measures are in place at the AIM software supplier they have selected to safeguard confidential data.
  • For companies utilizing AIM software, data privacy laws such as the California Consumer Privacy Act (CCPA) in the US and the General Data Protection Regulation (GDPR) in Europe provide an additional level of complication. Thus, throughout the projected time, AIM Software's security and data privacy concerns might hinder the market.

Global AIM Software Market By Segmentation

AIM Software Market is segmented based on Type, Application, and region:

Type Insights:

  • Managed:

Managed AIM Software is a complete solution that is provided by a third party and is outsourced. For companies looking to cut expenses on IT infrastructure and upkeep, this kind of software is perfect. Organizations may utilize managed AIM software to make effective use of the resources and experience of the service provider without having to hire large internal IT teams.

  • Professional:

For companies that would rather have total control over their middleware and application architecture, professional AIM Software is available. Businesses have more flexibility and customization possibilities with this kind of software, which is usually licensed and deployed on-premises.

Application Insights:

  • BFSI:

AIM Software is utilized in the BFSI industry for duties including risk management, compliance, and data management. They handle several different types of assets with AIM software, such as information assets (such as customer data and financial records), financial assets (like loans and stocks), and physical assets (like offices and automobiles). In areas including portfolio management, client data, and regulatory reporting, it aids financial institutions in streamlining processes and increasing efficiency.

  • IT:

AIM Software supports data integration and administration in the IT sector, helping businesses to efficiently derive insights and make well-informed choices. They may also improve asset lifecycles, track software installations, and keep an eye on resource usage by using AIM software.

  • Media & Entertainment:

AIM Software assists the media and entertainment industry by managing content and facilitating data analysis to improve user experiences and content distribution. They can monitor licensing rights, guarantee content security, and maximize asset use across many channels with the aid of AIM software.

  • Retail & Consumer:

AIM Software supports inventory management and customized marketing tactics by helping to manage product data and consumer information in the Retail and Consumer sectors. AIM software may also be used by consumer products organizations to track product lifecycles, manage product information, and improve supply networks.

Among the segments mentioned above the one that dominated the market is the Retail & Consumer segment due to the rising need for customized services and effective data management. Retailers may handle product information, do consumer behavior analysis, and provide customized marketing campaigns with the help of AIM Software. Retailers are increasing their AIM Software investments in response to the growth of e-commerce and digitization.

Regional Insights:

AIM Software Market Regional Insights

  • North America market is estimated to witness a significantly high revenue share over the forecast period, because of the existence of reputable financial institutions and an increasing use of artificial intelligence technology.
  • Asia Pacific market is estimated to witness the largest revenue share because of the growing need for automated workflows, the expansion of the IT industry, rising investments in infrastructure development, and the rise of the fintech sector.
  • Europe market finds lucrative market opportunities because of the enforcement of strict regulatory frameworks like MiFID II. The adoption of AIM Software solutions in this region is probably going to be fueled by the increased emphasis on digitization and laws like GDPR.
  • Latin America market is increasing gradually as a result of the growing understanding of the significance of middleware software and infrastructure in their operations.
  • Middle East & Africa market an emerging market as a result of the focus on digital transformation and technical improvements in industries like BFSI (banking, financial services, and insurance) and telecom.

AIM Software Market Report Scope:

Attribute

Details

Market Size 2024

US$ 37.5 billion

Projected Market Size 2034

US$ 97.3 billion

CAGR Growth Rate

11.0%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Managed and Professional.

By Application - BFSI, IT, Media & Entertainment, and Retail & Consumer.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the AIM Software Market report based on Type, Application, and region:

AIM Software Market, By Type:

  • Managed
  • Professional

AIM Software Market, By Application:

  • BFSI
  • IT
  • Media & Entertainment
  • Retail & Consumer

AIM Software Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global AIM Software Market By Key Players

The key players operating the AIM Software Market include IBM India Private Limited, Oracle Corporation, TIBCO Software, Inc., AIM Computer Solutions, SAP SE, Microsoft Corporation, Software AG, Red Hat India Pvt. Ltd., Fujitsu Corp., and Cisco Systems, Inc.

AIM Software Market Key Players

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global AIM Software Market By Key Issues Addressed

  • In July 2023, AIM Software Pty Ltd (AIM), a residential management, accounting, and human resources software supplier in the aged care sector, was acquired by Harris, a worldwide vertical market software vendor. AIM will become a part of the recently established Harris Aged Care, which symbolizes Harris' long-term dedication to offering industry-leading software to the Australian aged care industry.
  • In December 2023, Cisco declared that it plans to strengthen its secure networking capabilities across public clouds by acquiring Isovalent, a pioneer in open-source cloud-native networking and security. By acquiring Isovalent, Cisco will expand on its objective of providing an AI-powered, cloud-delivered, comprehensive security platform for businesses of all sizes.

Global AIM Software Market By Company Profile

  • IBM India Private Limited *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Oracle Corporation
  • TIBCO Software, Inc.
  • AIM Computer Solutions
  • SAP SE
  • Microsoft Corporation
  • Software AG
  • Red Hat India Pvt. Ltd.
  • Fujitsu Corp.
  • Cisco Systems, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Global AIM Software Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Managed
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Professional
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • BFSI
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • IT
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Media & Entertainmnet
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Retail & Consumer
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • IBM India Private Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Oracle Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • TIBMCO Software Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Com Co.,Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SAP SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Microsoft Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Software AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RedHat India Pvt. Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Fujitsu Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cisco Systems, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The AIM Software Market is segmented into Type, Application, and Region.

Factors include the increasing complexity of data management, growing need for efficient asset information management, and advancements in artificial intelligence and machine learning, driving global growth in the AIM software market.

Challenges include potential data security concerns, integration complexities with existing systems, and the need for skilled professionals, posing restraints on the global market.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, IBM India Private Limited, Oracle Corporation, TIBCO Software, Inc., com Co., Ltd., SAP SE, Microsoft Corporation, Software AG, Red Hat India Pvt. Ltd., Fujitsu Corp., and Cisco Systems, Inc.