According to the latest report by IMARC Group, titled, “System Integration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global system integration market size reached a value of $303.2 Billion in 2020 and expected to grow at a CAGR of 14.21% during 2021-2026
System integration represents the process of integrating numerous physical and digital IT infrastructures, including protocols, applications, databases, inventory machine systems, etc., into a centralized network. It involves various installation methods in vertical, horizontal, standard, and star data formats, with business process management, manual programming, and computer programming. System integration offers several benefits, such as data integrity, improved workflow efficiency, enhanced productivity, minimized operational costs, etc. As a result, it is widely adopted across numerous industries, including healthcare, oil and gas, telecommunication, etc.
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 introduction of various advanced technologies, such as cloud-based services, Software-as-a-Service (SaaS), Big Data, etc., is among the primary factors driving the system integration market. Besides this, the growing adoption of Integration Platform-as-a-Service (iPaaS) solutions to distribute integrated resources for several applications is also bolstering the market growth. Furthermore, the rising utilization of system integration solutions across the transportation industry is acting as another significant growth-inducing factor. In addition to this, the implementation of stringent lockdown regulations, owing to the sudden outbreak of the COVID-19 pandemic, is propelling numerouscompanies to alter their business models and opt for remote working solutions. This, in turn, is projected to catalyze the system integration market in the coming years to ensure secure and convenient remote access for employees.
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Global System Integration Market 2021-2026 Analysis and Segmentation:
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:
Breakup by End Use Industry:
Oil and Gas
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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