Global System Integration Market

System Integration Market Size, Share, Growth Analysis, By Service Type (Infrastructure Integration Services, Enterprise Application Integration Services), By Enterprise Size (Large Enterprises, SME), By End-Use (Healthcare, Transportation), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45B2172 | Region: Global | Published Date: December, 2024
Pages: 177 | Tables: 64 | Figures: 68

System Integration Market Dynamics

Drivers

Increasing Adoption of Digital Technologies

  • Most of the industries are moving towards digital technologies to help improve their operational efficiency, customer service, business agility, etc. Hence, with the help of this trend, the necessity to implement different systems seamlessly is at all-time high. It is especially relevant for manufacturing, healthcare, or finance as with the help of real-time data integration and process automation, their operations can be substantially improved.

Increasing Application of Cloud Computing

  • Many organizations choose to move their infrastructure and applications to the cloud because of the numerous benefits this solution offers, such as scalability, flexibility, and cost-effectiveness. At the same time, integrating different cloud services without disrupting the flow of data and ensuring compatibility with on-premises legacy systems remain major issues. In this way, system integrators enable their further development by offering tools and strategies to connect cloud applications to on-premises systems in order for data to move freely between the two platforms.

Restraints

Rising Data Privacy Concerns

  • Transitioning to the public cloud by a large number of companies from private cloud and on-premises servers has brought several concerns regarding the privacy and security of the data. The rising state of cyber-attacks and data breaches has emphasized the tangible and intangible losses that companies are incurring by opting to work with the third party integration options. Ensuring the security and privacy of the data of the users is one of the biggest challenge the businesses entering into the market encounter.

Challenges of Integration of Legacy Systems

  • Despite the emergence of modern technologies, many companies still use outdated computer software and hardware known as legacy systems. These systems are essential to organizations as they support key business functionalities. However, most legacy systems lack the configuration to connect with smart devices and advanced communication networks. Replacing them can be expensive for companies, and market vendors may struggle to integrate them with various components in the system integration ecosystem.
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FAQs

Global System Integration Market size was valued at USD 402.76 Billion in 2022 and is poised to grow from USD 458.34 Billion in 2023 to USD 1,132.88 Billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031). 

The system integration market is highly competitive, having several local and international players present in the market. Moreover, as the market is expected to expand and provide more opportunities for the market players, additional players are expected to enter the market gradually. Some of the market’s key players are Accenture, IBM Corporation, and Wipro Limited. In order to strengthen their position in this market, these players have adopted several growth strategies such as mergers and acquisitions, new product launches, expansions, joint ventures, partnerships, and others. The system integration services market presents significant opportunities for service providers. There is a continual need for integration capabilities that encompass emerging technologies such as artificial intelligence (AI), machine learning, and blockchain. 'IBM Corporation ', 'Accenture ', 'Capgemini ', 'Tata Consultancy Services (TCS) ', 'Infosys Limited ', 'HCL Technologies ', 'Wipro ', 'Cognizant ', 'Oracle Corporation ', 'Deloitte ', 'Johnson Controls ', 'John Wood Group PLC ', 'ATS Automation Tooling Systems ', 'Avanceon ', 'Revere Control Systems ', 'Logical Systems ', 'Grantek ', 'M.C. Dean ', 'Interstates ', 'Actemium North America '

Most of the industries are moving towards digital technologies to help improve their operational efficiency, customer service, business agility, etc. Hence, with the help of this trend, the necessity to implement different systems seamlessly is at all-time high. It is especially relevant for manufacturing, healthcare, or finance as with the help of real-time data integration and process automation, their operations can be substantially improved.

Adoption of Aritificial Intelligence: The AI algorithms require high-quality data so that they can make accurate predictions and run decisions. Consequently, system integration helps to guarantee this data quality, as such systems connect data from multiple sources and make it accessible to AI models. Hence organizations are taking advantage of leveraging AI capabilities into their existing system integration services or products.

North America has been one of the leading markets in 2023, as the adoption of IoT in industrial automation and high adoption of cloud-based services by large companies suffice the growth of the system integration market. Moreover, BFSI companies in the region have accepted modern days technology and have increased growth opportunities for the system integration market in North America. Additionally, banks in the region are taking great care to ensure that they fulfill the demand of every client. Adding more services will help the bank to improve its client base and to remain competitive in the market. Due to this, the migration of companies to such an organization will increase the demand for system integration services in the region during the forecast period.

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Global System Integration Market

Report ID: SQMIG45B2172

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