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 is a process of integrating all the physical and virtual components, such as machine systems, inventory, computer hardware, databases, software, and applications, of any organization into a combined infrastructure. It comprises enterprise application integration (EAI), data integration (DI), and electronic document integration (EDI). It offers increased productivity with high efficiency and accurate data. It simplifies communication between internal systems of organizations and third-party organizations. It assists in enhancing decision-making by increasing the flow of information while reducing operational costs. As a result, system integration is widely utilized in the automotive, oil and gas, healthcare, aerospace and defense, and chemical industries across the globe.
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:
At present, the rising demand for advanced data integration tools to collect information and get valuable business insights with reduced complexities represents one of the primary factors supporting the growth of the market. Besides this, the growing consumer preference towards virtualization to perform several tasks simultaneously on the same server is offering a positive market outlook. In addition, the increasing demand for automation systems in oil and gas refineries to analyze and monitor faults is positively influencing the market. Moreover, the rising adoption of cloud computing technology and predictive maintenance system to prevent system failure is bolstering the growth of the market. Furthermore, the increasing demand for low-cost and energy-efficient production processes is contributing to the growth of the market.
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Global System Integration Market 2022-2027 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 (2016-2021)
Market Outlook (2022-2027)
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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