Global System Integration Market To Grow At A CAGR Of 4.9% In The Forecast Period Of 2022-2027

System Integration Market

The new report by Expert Market Research titled, β€˜GlobalΒ System Integration Market Analysis, Share, Size, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global system integration market. It examines the market based on its segments like service, end use, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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System Integration Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2017-2027)

β€’ Forecast CAGR (2022-2027): 4.9%

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2020
Market Size in 202045.63 billion
Revenue Forecast in 202660.8 billion
Growth Rate CAGR4.9%
Major PlayersWipro Limited, Cognizant Technology Solutions Corporation, Deloitte Touche Tohmatsu Limited, HCL
Technologies Limited, IBM Corporation, Capgemini SE, Cisco, Systems, Inc., Accenture PLC and others.

The increasing adoption of system integration solutions by medium and large enterprises to implement, plan, coordinate, schedule, and improve IT solutions while boosting productivity is driving the market growth. The rapid digitalisation in industries such as the BFSI, and energy and utilities, among others, are also propelling the demand for system integrators. Moreover, the increasing investments toward automating and streamlining businesses are furthering the market growth.

In terms of regions, North America accounts for a significant share in the system integration market owing to the advanced IT infrastructure in the United States and Canada. The market in the region is anticipated to be driven by the increasing adoption of smart devices such as laptops and tablets, among others.

System Integration Market Segmentation

A system integration is a system that is formed by linking together various IT systems to function as one. In system integration, subsystems work together as a single unit in order to boost productivity and save time during operations. The role of a system integrator is to design and implement integration solutions.

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On the basis of service, the market can be segmented into:

  • Infrastructure Integration
    • Building Management System
    • Integrated Communication
    • Data Centre Infrastructure Management (DCIM)
    • Network Integration
    • Others
  • Application Integration
    • Application Lifecycle Management (ALM)
    • Data Integration
    • Integrated Security Software
    • Integrated Social Software
    • Others
    • Consulting

Based on end use, the system integration market has been classified into:

β€’ IT and Telecom
β€’ BFSI
β€’ Energy and Utilities
β€’ Manufacturing
β€’ Healthcare
β€’ Retail
β€’ Others

The regional markets for system integration include:

β€’ North America
β€’ Asia Pacific
β€’ Europe
β€’ Middle East and Africa
β€’ Latin America

System Integration Market Trends

The key trends in the system integration market include the increasing dependence on software-defined computing and networking by various businesses. Technological advancements in the e-learning sector and the emergence of various educational platforms are further accelerating the demand for system integration.

The rising funding of start-ups of system integration across emerging economies is likely to provide impetus to the market. Furthermore, the market is anticipated to be aided by the rapid development of data centres, along with the increasing penetration of artificial intelligence in the IT, telecom, and manufacturing sectors.

Key Market Players

The major players in the system integration market are :

  • Wipro Limited
  • Cognizant Technology Solutions Corporation
  • Deloitte Touche Tohmatsu Limited
  • HCL Technologies Limited
  • IBM Corporation
  • Capgemini SE
  • Cisco Systems, Inc.
  • Accenture PLC
  • others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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