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System Integration Market In-Depth Analysis of Industry Share, Size, Growth Outlook Up To 2024

Author : Ronak Bora | Published Date : 2020-09-10 

System integration market segmentation by end-use indicates that the BFSI sector is anticipated to experience growth at a very rapid rate. Organizations operating in this sector are required to collect large amounts of consumer data of a very confidential nature. Moreover, the movement to the online platform and to mobile devices is providing impetus for the industry growth.

The system integration market by service segment indicates that the infrastructure integration services dominates in terms of size. This is largely due to the high demand by organizations to improve the existing network infrastructure and provide a strong platform for the adoption of cloud computing and IoT in the business landscape. Additionally, government bodies are also investing heavily in providing broadband and network connectivity to consumers located in underserved and rural locations.

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In the present industrial scenario where companies require their systems to work in meticulous synchronization, the role of system integration market is considered highly significant. In an effort to stay abreast of all the developments that have the potential to impact the company’s remuneration, most growing organizations are seeking the deployment of an integrated system that can standardize business procedures and reduce the complexity of processes. For instance, Concept3D, a prominent firm specializing in bringing mapping to the digitalized world, recently declared that it has become an OSIsoft partner, endowed with the capability of integrating & displaying operational data from OSIsoft’s PI System.

The cumulative proliferation of the internet and its impact on numerous operations has added a renewed stimulus to system integration industry. The proliferating trend of outsourcing business processes has further led to increased focus on system integration. Advancement in technologies has prompted many businesses to adopt mobile channels to approach and reach their customers easily – a trend that would contribute toward augmenting system integration industry outlook.

Among the various segments that contribute toward system integration market growth, integrated building management system would require a special mention. Technological developments in the system integration industry have led integrated buildings to be able to maintain heating/cooling and even support energy conservation, monitor individual power supplies and initiate emergency response. According to the research conducted by the American Society of Heating, Refrigerating and Air-Conditioning Engineers, investing in an integrated building management system can improve the productivity of employees and occupants and save more than 14% in annual costs measured in lost productivity.

The system integration market in the Asia Pacific region is expected to witness high growth during the forecast timeframe owing to the increase in the number of SMEs and the provision of low cost service offerings in the region. Countries such as Philippines and India are hubs of consulting and outsourcing activities. This comprise large pools of highly skilled workforce with low hourly wages, allowing foreign players to adopt these services.

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The system integration market comprises of players such as Dell Inc., Cisco Systems Inc., Fujitsu Ltd, MuleSoft, Teradata Corporation, VCE, Orion System Integrators, and IBM Corporation. A prominent strategy undertaken by companies operating in the system integration market is to continuously expand their product offerings. For instance, in May 2017, MuleSoft announced the provision of the Anypoint Platform in the UK government's G-Cloud 9 framework which eliminates the need of organizations to enter into procurement contracts with technology vendors.

Table of Contents (ToC) of the report:

Chapter 1.   Methodology and Scope

1.1.  Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definition and forecast parameters

1.2.  Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2.   Executive Summary

2.1.  System Integration industry 3600 synopses, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Service trends

2.1.3.1.    Infrastructure integration trends

2.1.3.2.    Application integration trends

2.1.4. End-use trends

Chapter 3.   System Integration Market Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.2.1. Information & communication technology (ICT) industry landscape

3.2.1.1.    North America

3.2.1.2.    Europe

3.2.1.3.    Asia Pacific

3.2.1.4.    Latin America

3.2.1.5.    MEA

3.2.2. IT service industry landscape

3.2.2.1.    North America

3.2.2.2.    Europe

3.2.2.3.    Asia Pacific

3.2.2.4.    Latin America

3.2.2.5.    MEA

3.3.  Industry ecosystem analysis

3.3.1. Vendor matrix

3.4.  Technology & innovation landscape

3.4.1. Impact of Industry 4.0

3.4.2. Bring-Your-Own-Device (BYOD) trend

3.5.  Regulatory landscape

3.5.1. North America

3.5.2. Europe

3.5.3. Asia Pacific

3.5.4. Latin America

3.5.5. MEA

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    Growth of cloud computing solutions in the U.S. and Western Europe

3.6.1.2.    Increase in organizational and consumer data in Europe and Asia Pacific

3.6.1.3.    High growth of SMEs and industrialization boom in China and India

3.6.1.4.    Rising demand for outsourced services in the U.S. and UK

3.6.1.5.    Large shift towards automation technologies in the manufacturing industry in South East Asia

3.6.1.6.    Increase in mobile penetration and broadband infrastructure in South East Asia

3.6.1.7.    Technological advancements in Philippines drives the demand for professional services

3.6.1.8.    Digital transformation boom in Malaysia and India couple with government investments drives the system integration market

3.6.1.9.    Rising IT spend in UAE

3.6.2. Industry pitfalls & challenges

3.6.2.1.    Presence of technical challenges

3.6.2.2.    High system integration costs

3.6.2.3.    The outdated infrastructure in several economies

3.6.2.4.    Interoperability issues

3.7.  Growth potential analysis

3.8.  Porter's analysis

3.9.  Competitive landscape, 2016

3.9.1. Company market share, 2016

3.9.2. Strategy dashboard

3.10.  PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/system-integration-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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