System integration is essential both for business-to-business communication and internal cooperation within an enterprise. In addition, system integration is the process of connecting different sub-systems (components) into a single larger system that functions as one. With regards to software solutions, system integration is typically defined as the process of linking together various IT systems, services and/or software to enable all of them to work functionally together.
Increase in adoption of cloud computing and rapid growth of small & medium enterprises (SMEs) boost the growth of the global system integration market. In addition, demand for low-cost and energy-efficient production processes is positively impacting the growth of the system integration market. However, lack of awareness among the customers and enterprise budgetary constraints is hampering the system integration market growth. On the contrary, technological advances such as the integration of edge computing, internet of things (IoT), and artificial intelligence is expected to offer remunerative opportunities for expansion of the system integration market during the forecast period.
The system integration market is segmented on the basis of by service type, enterprise size, industry vertical, and region. On the basis of service type, the market is categorized into infrastructure integration, application integration, data integration, and others. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into BFSI, IT and telecom, government and defense, retail and ecommerce, education, healthcare, media and entertainment, manufacturing, transportation and logistics, energy and utilities, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the system integration market are Accenture, Capgemni SE, Cisco Systems Inc, Fujitsu, Cognizant, Delloite, IBM Corporation, Infosys, Tata Consultancy services, Tech Mahindra Limited, Oracle Software, HCL Technology, Tesco Controls, Burrow Global, INTECH, Crystalloids Inc, and Mangrovia Blockchain Solutions. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Increase in adoption of cloud computing and rapid growth of small & medium enterprises (SMEs) boost the growth of the global system integration market. In addition, demand for low-cost and energy-efficient production processes is positively impacting the growth of the system integration market. However, lack of awareness among the customers and enterprise budgetary constraints is hampering the system integration market growth. On the contrary, technological advances such as the integration of edge computing, internet of things (IoT), and artificial intelligence is expected to offer remunerative opportunities for expansion of the system integration market during the forecast period.
The system integration market is segmented on the basis of by service type, enterprise size, industry vertical, and region. On the basis of service type, the market is categorized into infrastructure integration, application integration, data integration, and others. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into BFSI, IT and telecom, government and defense, retail and ecommerce, education, healthcare, media and entertainment, manufacturing, transportation and logistics, energy and utilities, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the system integration market are Accenture, Capgemni SE, Cisco Systems Inc, Fujitsu, Cognizant, Delloite, IBM Corporation, Infosys, Tata Consultancy services, Tech Mahindra Limited, Oracle Software, HCL Technology, Tesco Controls, Burrow Global, INTECH, Crystalloids Inc, and Mangrovia Blockchain Solutions. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the system integration market analysis from 2021 to 2031 to identify the prevailing system integration market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the system integration market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global system integration market trends, key players, market segments, application areas, and market growth strategies.
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- Historic market data
- List of customers/consumers/raw material suppliers- value chain analysis
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- SWOT Analysis
Key Market Segments
By Service Type
- Infrastructure Integration
- Infrastructure Type
- Data Center Infrastructure
- Internet Infrastructure
- Application Integration
- Data Integration
- Others
By Enterprise Size
- Large Enterprises
- SMEs
By Industry Vertical
- BFSI
- IT and Telecom
- Government and Defense
- Retail and ECommerce
- Education
- Healthcare
- Media and Entertainment
- Manufacturing
- Type
- Food and Beverages
- Industrial Machinery and Heavy Equipments
- High-Tech and Consumer Electronics
- Automotive
- Others
- Transportation and Logistics
- Energy and Utilities
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Netherlands
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Cisco System Inc.
- Capgemni SE
- Cognizant
- IBM Corporation
- Infosys
- Tech Mahindra Limited
- Oracle Software
- Tesco Controls
- Crystalloids Inc
- INTECH
- Accenture
- Mangrovia Blockchain Solutions
- delloite
- Tata Consultancy services
- HCL Technology
- Burrow Global
- Fujitsu
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SYSTEM INTEGRATION MARKET, BY SERVICE TYPE
CHAPTER 5: SYSTEM INTEGRATION MARKET, BY ENTERPRISE SIZE
CHAPTER 6: SYSTEM INTEGRATION MARKET, BY INDUSTRY VERTICAL
CHAPTER 7: SYSTEM INTEGRATION MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, 'System Integration Market, By Service Type (Infrastructure Integration, Application Integration, Data Integration, Others), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, IT And Telecom, Government And Defense, Retail And ECommerce, Education, Healthcare, Media And Entertainment, Manufacturing, Transportation And Logistics, Energy And Utilities, Others): Global Opportunity Analysis And Industry Forecast, 2022-2031". The system integration market was valued at $351.76 billion in 2021, and is estimated to reach $1.83 trillion by 2031, growing at a CAGR of 18.1% from 2022 to 2031.System integration provides risk coverage for the lost income due to failure to work in case of any permanent or temporary disability. This kind of insurance helps in providing a part of the lost income along with the medical expenses, if the policyholder happens to meet with an accident that led to disability. It covers sick leave and offers disability benefits for short and long-term periods.
Furthermore, increasing adoption of cloud computing and rapid growth of small & medium enterprises (SMEs) is boosting the growth of the global system integration market. In addition, demand for low-cost and energy-efficient production processes is positively impacts growth of the system integration market. However, lack of awareness among the customers and enterprise budgetary constraints is hampering the system integration market growth. On the contrary, technological advances such as the integration of edge computing, internet of things (IoT), and artificial intelligence is expected to offer remunerative opportunities for expansion during the system integration market forecast.
The system integration market is segmented on the basis of by service type, enterprise size, industry vertical, and region. On the basis of service type, the market is categorized into infrastructure integration, application integration, data integration, and others. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into BFSI, IT and telecom, government and defense, retail and ecommerce, education, healthcare, media and entertainment, manufacturing, transportation and logistics, energy and utilities, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Depending on enterprise size, the large enterprise segment holds the largest system integration market share as large enterprises are adopting system integration to connect all their infrastructures. However, the SMEs segment is expected to grow at the highest rate during the forecast period, owing to increase adoption of cloud computing in the past few years.
Region-wise, the system integration market size was dominated by North America in 2021, and is expected to retain its position during the forecast period, large scale adoption of IoT and cloud services. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to growing economies such as India and China and cloud native countries like Japan.
Cloud computing adoption has been increasing rapidly, as cloud-specific spending is growing at more than six times the rate of general IT spending through 2022, which is the growing market trend. In addition, cloud providers are offering strong native optimization capabilities to help organizations select the most cost-effective architecture that can deliver the required performance, which notably contributes toward the growth of the system integration industry.
Furthermore, several market players are acquiring small cloud provides to boost cloud adoption. For instance, in June 2020, IBM Corporation signed a definitive agreement to acquire Spanugo, a U.S.-based provider of cloud cybersecurity posture management solutions. To further meet the security demands of its clients in highly regulated industries, IBM integrated Spanugo software into its public cloud. This acquisition of Spanugo software helped accelerate the availability of a security control center that will enable IBM clients to define compliance profiles, manage controls, and, in continuous real-time, monitor compliance across their organizations.
The COVID-19 outbreak negatively impacts the growth of the system integration market trends, the industry is expected to recover by the third quarter of 2022. This is attributed to significant investment in advanced technologies such as IoT and smart technologies and various government initiatives, such as smart cities, across Asia-Pacific countries, including China and India. Furthermore, adopting technologies such as cloud, Artificial Intelligence (AI), and IoT. With the considerable control achieved over the pandemic, various sectors such as retail, manufacturing, and automotive, are expected to witness rising investments as system integration solutions grow in prominence across different business functions offered several opportunities to digitize and expand the business across regions. Moreover, various public and private entities are expected to come together to create ecosystems to share data for multiple use cases under a common regulatory and cybersecurity framework, which, in turn, is expected to provide lucrative opportunity for the growth of the global system integration industry.
KEY FINDINGS OF THE STUDY
By service type, the infrastructure integration segment accounted for the largest system integration market share in 2021.Region wise, North America generated highest revenue in 2021.
Depending on industry vertical, the BFSI generated the highest revenue in 2021.
The key players that operate in the system integration market analysis are Accenture, Capgemni SE, Cisco Systems Inc, Fujitsu, Cognizant, Delloite, IBM Corporation, Infosys, Tata Consultancy services, Tech Mahindra Limited, Oracle Software, HCL Technology, Tesco Controls, Burrow Global, INTECH, Crystalloids Inc, and Mangrovia Blockchain Solutions. These players have adopted various strategies to increase their market penetration and strengthen their position in the system integration industry.
Companies Mentioned
- Cisco System Inc.
- Capgemni SE
- Cognizant
- IBM Corporation
- Infosys
- Tech Mahindra Limited
- Oracle Software
- Tesco Controls
- Crystalloids Inc
- INTECH
- Accenture
- Mangrovia Blockchain Solutions
- delloite
- Tata Consultancy services
- HCL Technology
- Burrow Global
- Fujitsu
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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