According to the latest report by IMARC Group, titled, “System Integration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global system integration market size reached US$ 359 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 627 Billion by 2027, exhibiting a CAGR of 9.9% during 2022-2027.
System integration refers to the integration of several physical and digital IT infrastructures, such as protocols, inventory machine systems, applications, databases, etc., into a centralized network. Several installation methods include vertical, horizontal, standard, and star data formats with business process management, computer programming and manual programming. System integration offers data integrity, enhances workflow efficiency and productivity, reduces operational costs, and improves business-to-business (B2B) communication. Owing to these factors, it is extensively adopted across diverse industries, healthcare, government, oil and gas, telecommunications and IT, BFSI, etc.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic
System Integration Market Trends:
The growing scalability among various enterprises and the advent of advanced technologies, including cloud-based services, big data, Software-as-a-Service (SaaS), etc., have accelerated the operational complexity in business processes. This has augmented the demand for distributed system integration to streamline various systems. Furthermore, the widespread adoption of the Integration Platform-as-a-Service (iPaaS) solutions has increased the utilization of system integration across the transportation and oil & gas industries to distribute integrated resources for multiple applications. Besides this, the implementation of stringent lockdown regulation to contain the spread of COVID-19 has urged corporates to alter their business models and opt for remote working solutions. This has further catalyzed the demand for system integration to attain secure and convenient remote access to data on a real-time basis.
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Global System Integration Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Accenture Plc., BAE Systems Plc., Capgemini SA., Cisco Systems Inc., Dell Inc., Fujitsu Limited (Furukawa Group), HCL Technologies Limited, Hewlett Packard Enterprise Company, IBM Corporation, Infosys Limited, Oracle Corporation, Tata Consultancy Service Limited and Wipro Limited.
The report has segmented the market on the basis of region, service and end use industry.
Breakup by Service:
Infrastructure Integration
Application Integration
Consulting
Breakup by End Use Industry:
BFSI
Government
Manufacturing
Telecommunications
Retail
Oil and Gas
Healthcare
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico Others)
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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