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Message Queue (MQ) Software Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Message Queue (MQ) Software Market SizeSoftware market was valued at US$ 352 million in 2023 and is anticipated to reach US$ 563.6 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
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Message Queue (MQ) Software Market
Message Queue (MQ) Software is a type of software that enables asynchronous communication between different applications or parts of the same application. Asynchronous communication means that the sender and the receiver of a message do not have to be online or available at the same time. The message is stored in a queue until the receiver is ready to process it. Messages can consist of requests, replies, alerts, or any other data that needs to be exchanged between systems. Message Queue Software facilitates service-to-service communications by storing, processing, and deleting messages as they are completed. Some Message Queue Software tools use the publisher/subscriber pattern, which allows multiple receivers to subscribe to the same message source. Message Queue Software is typically used by IT professionals, system administrators, and software developers to coordinate distributed applications, simplify coding disparate applications, improve performance, and automate communication-related tasks.
The global Message Queue (MQ)
The industry trend of Message Queue Software is driven by the increasing demand for digital transformation, cloud adoption, remote work, and edge computing. Some of the key factors that influence the market growth are:
The need for agile and scalable networks that can support diverse applications and devices across multiple locations.
The desire for cost savings and operational efficiency by reducing the reliance on expensive MPLS circuits and simplifying WAN management.
The demand for improved user experience and application performance by leveraging intelligent path selection, traffic optimization, and quality of service (QoS).
The requirement for enhanced security and compliance by integrating Message Queue Software with firewall, encryption, segmentation, and zero-trust policies.
The adoption of SASE (Secure Access Service Edge) as a converged model that combines Message Queue Software with cloud-based security services.
This report aims to provide a comprehensive presentation of the global market for Message Queue (MQ) Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Message Queue (MQ) Software.
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Segment by Type
• Cloud-based
• Web-based
Segment by Application
• Large Enterprises
• SMEs
By Company
MuleSoft, IBM, Azure Scheduler, Apache Kafka, AWS, RabbitMQ, Apache, Alibaba, TIBCO, PubSub+, IronMQ, ZeroMQ
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