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 a value of 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 a process of arranging a broad array of software and hardware components into a consolidated ecosystem. It is vital for business-to-business communication and internal cooperation within an enterprise. It assists in speeding up information flows and reducing operational costs ofthe organization. Consequently, it is widely employed in the information technology (IT)andtelecom, healthcare, and banking, financial services, and insurance (BFSI) sectors.

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 global market is primarily driven by the widespread adoption of New-Gen Operations Systems and Software (NGOSS) by the telecom sector to improvecustomer service and support. Furthermore, the rising adoptionof cloud-based mobile applications across numerous sectors has led to the growingrequirement for application integration and configuration services, thereby favorably impacting the market growth. Moreover, the widespread adoption of advanced technologies has also provided an impetus to the uptake of system integration services among small- and medium-sized enterprises (SME). Apart from this, the rapid outbreak of the COVID-19 pandemic across the globe has resulted in the growing demand for system integration among retailers to ensure efficient operations and online sales, therebycreating a positive outlook for the market.

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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 (2014-2019)
  • Market Outlook (2020-2025)
  • 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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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

Tags: System Integration Market Size, System Integration Market Trends, System Integration Market Share

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