Fortune favours the sensible, or what's the deal with the iPaaS market size evaluations?
In 2018, the forecast for the iPaaS market was to grow by an astonishing 42.1% CAGR to reach a global market valuation of US $8.6billion by 2024. A considerably more recent forecast suggested a moderate, yet ‘robustly’ positive CAGR of 11.9% to reach $1.2 billion by 2022. Of all the forecasts for the global integration platform as a service (iPaaS) market, this estimate is probably the most restrained to hit the headlines in a while.