Report ID: SQMIG45B2172
Report ID:
SQMIG45B2172 |
Region:
Global |
Published Date: December, 2024
Pages:
177
|
Tables:
64 |
Figures:
68
System Integration Market size was valued at USD 458.34 Billion in 2023 and is poised to grow from USD 521.59 Billion in 2024 to USD 1289.22 Billion by 2032, growing at a CAGR of 13.8% during the forecast period (2025-2032).
The rising public and private investments in system integration solutions, for the enhancement of Information Technology infrastructure is the main driver of the market. Moreover, the increasing need for eradicating the diversity, and heterogeneity, of applications used in infrastructure is expected to drive the system integration market over the forecast period. System integration unites various processes and enables organizations to operate smarter. Companies are increasingly aware of the benefits of system integration as the complexity of enterprise structure is harming their profitability and competitive ability. System integration technologies deliver enterprises with cost-sensitive, centralized, as well as integrated solutions for their IT infrastructure. One of the major aspects spurring the development of the system integration industry is the rising number of information technology consumers.
In order to facilitate cross-border investments and enhance global business operations, different international organizations and government-authorized organizations are opting for different supportive initiatives. World Trade Organization, United Nations Organization, and World Economical Forum are some of the international organizations that are adopting their digital infrastructure solutions to support them in leveraging the higher amount of foreign investment into their specific regions. These initiatives are anticipated to boost the demand for system integration solution to help the payment system and implement flexible system framework to allow the investors to operate business in the region.
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Report ID: SQMIG45B2172