Global System Integration Market Size & Share, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global System Integration Market


The global System Integration market size is projected to reach US$ 673.71 billion by 2026, from US$ 346.86 billion in 2020, at a CAGR of 11.7% during 2021-2026. System integration is an ecosystem wherein; multiple systems are connected on a common platform, resulting in easy availability of data on real-time basis. Thus, digitization and centralization of business processes have encouraged various companies to choose economical and distributed information technology solutions. Furthermore, increasing technological advancements, such as cloud and virtual technologies, are anticipated to favorably impact market growth.

System integration enables organizations to access and visualize data simultaneously for better decision making. Thus, increased demand from organizations to enhance the efficiency of their existing systems, rising preference for automation technologies, adoption of cloud computing technology, and growth of broadband infrastructure are some of the key factors driving the market growth.

System integration is a cost-effective approach for IT application software and infrastructure present across the globe. It ensures enhanced infrastructure management, reduces data redundancy, and maintains data integrity, resulting in improved organizational productivity and efficiency. Furthermore, organizations located across the globe are influenced by technological advancements such as hardware and software solutions, mobility applications, and big data management software. This has resulted in increased demand for reduced complexity of business and standardized business processes, thereby creating opportunity for the market.

Rising consumer inclination towards virtualization is also anticipated to be one of the key factors driving the market growth. Virtualization ensures simultaneous execution of multiple applications and enables a user to perform various other tasks as the same time on the same server. Furthermore, virtualization reduces additional IT operating costs and ensures increased utilization, flexibility, and efficiency of a computer hardware.

The heavily distributed data can be integrated using office applications and front-end tools. However, data virtualization technology surpasses this issue and aids in simplifying data access. Furthermore, data virtualization software provides the notion of a database, where the data is stored and integrated. Therefore, companies are considering the integration of their data and adopting virtualization technologies to procure added advantages.

Market Segmentation, Outlook & Viewpoint: Global System Integration Market

Services Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Infrastructure Integration
  
Application Integration
  
Consulting

End Use Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
IT & Telecommunications
  
Defense & Security
  
BFSI
  
Oil & Gas
  
Healthcare
  
Transportation
  
Retail
  
Others

Key Players, Recent Developments & Regional Insights: Global System Integration Market

Based on end use segment, the market has been segregated into IT and telecommunications, defense and security, BFSI, oil and gas, healthcare, transportation, retail, and others. The BFSI segment held the largest market share exceeding 15.0% in terms of revenue in 2018. However, the IT and telecommunications segment is projected to witness significant growth over the forecast period owing to rapid industrialization and growth of IT companies across the globe. Additionally, rising government support in other sectors such as healthcare and banking to boost their investments in technology to improve the global economy is also expected to fuel the market growth.

Healthcare industry is witnessing an increasing adoption across hospitals and medical facilities to maintain transparency of data with advanced security. In addition, systems integration approach helps improve service quality, as well as data storing and retrieving capability.

Regional Insights

North America held the largest market share of over 30.0% in terms of revenue in 2018, owing to huge investments made by governments for the adoption of innovative solutions within various departments.
Latin America and Middle East and Africa regions are also expected to make significant investments in the market owing to several benefits offered by system integration solutions and services.
Meanwhile, Asia Pacific is anticipated to expand at a CAGR of over 10.0% from 2019 to 2025. This is accredited to the globalization and virtualization of data along with the growing demand for system integration services in the telecom industry.

System Integration Market Share Insights

The market is highly consolidated and characterized by high competition with the presence of major global players such as Accenture; Cisco Systems, Inc.; Capgemini; Fujitsu Limited; Oracle Corporation; Infosys Limited; and HCL Technologies; among others. These companies particularly focus on enhancing the product quality by adopting advanced and innovative cooling techniques to enhance their market presence and expand their geographical reach. For instance, Oracle offers innovative and diverse solutions to its customers to gain competitive edge. The companys golden gate and data integrator products ensures enhanced decision-making capabilities in the financial advisory domain.

Similarly, Infosys Limited is engaged in providing integration services to various commercial and retail banks for smooth business transformation activities. To maintain its strong presence in the market Infosys Limited is engaged in mergers and acquisitions or collaborations.

Key Insights Covered: Global System Integration Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of System Integration industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of System Integration industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of System Integration industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of System Integration industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of System Integration industry.

Research Methodology: Global System Integration Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other