The system integration services global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
System Integration Services Market, 2024 report by The Business Research
Company offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The system integration services market size has grown strongly in recent years.
It will grow from $458.24 billion in 2023 to $494.7 billion in 2024 at a
compound annual growth rate (CAGR) of 8.0%. The growth in the historic period
can be attributed to legacy system modernization, complex it environments,
mergers and acquisitions, custom software solutions, security and compliance
requirements.
The system integration services market size is expected to see strong growth in
the next few years. It will grow to $638.29 billion in 2028 at a compound
annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be
attributed to hybrid and multi-cloud environments, iot and edge computing
integration, ai and machine learning implementations, focus on cybersecurity
integration, business process automation. Major trends in the forecast period
include rapid technology adoption cycles, cloud adoption, enterprise digital
transformation, devops integration, data integration for analytics.
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Scope Of System Integration Services Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
System Integration Services Market Overview
Market Drivers -
The increasing adoption of digital transformation strategies is expected to
propel the growth of the system integration services market going forward.
Digital transformation strategies refer to a set of initiatives and plans that
organizations undertake to leverage digital technologies and adapt their
operations, processes, and business models to meet the evolving demands of the
digital age. Digital transformation is helpful for system integration services
as it integrates digital technology into all business areas, fundamentally
changing how the business operates and delivers value. System integration plays
a critical role in the digital transformation journey by linking separate
modules, processes, and data systems to work in a unified manner, thereby
reducing costs, eliminating redundancy, and improving productivity and
efficiency. For instance, in October 2022, according to the International Data
Corporation, a US-based software service provider company, global spending on
digital transformation (DX) is projected to reach $3.4 trillion in 2026, with a
five-year compound annual growth rate (CAGR) of 16.8%. Therefore, the
increasing adoption of digital transformation strategies are driving the growth
of the system integration services market.
Market Trends -
Major companies operating in the system integration service market are
innovating emerging technologies such as Joint Generative AI Center to increase
their profitability in the market. Joint Generative AI Center is a system
integration service that helps enterprises leverage generative potential. For
instance, in December 2023, Accenture plc, an Ireland-based information
technology company, launched a joint generative AI center of excellence to
improve operations and create new lines of business. The center aims to provide
industry technical knowledge and product resources to build and scale
applications using Google Cloud's generative AI portfolio, including tensor
processing units (TPUs), graphics processing units (GPUs), and Google AI
hypercomputers for quick training, tuning, and serving of AI models. This will
provide AI-managed services to scale generative AI, including deploying Gemini,
Google’s newest and most capable model.
The system integration services market covered in this report is segmented –
1) By Service Type: Infrastructure Integration services, Enterprise Application
Integration Services, Consulting Services
2) By Service Outlook: Hardware Integration Service, Softwware Integration
Service
3) By Industry Vertical: IT and Telecommunication, Defenses and security, BFSI,
Oil and Gas, Healthcare, Transportation, Retail, Food and Beverages
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Regional Insights -
Asia-Pacific was the largest region in the system integration services market
in 2023. North America is expected to be the fastest-growing region in the
forecast period. The regions covered in the system integration services market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
Key Companies -
Major companies operating in the system integration services market report are
Microsoft Corporation, Dell Technologies, Deloitte, Accenture plc,
International Business Machines Corporation, Cisco, Oracle Corporation, BAE
Systems Plc, Hewlett Packard Enterprise, Tata Consultancy Services (TCS),
Fujitsu Limited, Capgemini, Cognizant, Infosys, DXC Technology, HCL Tech, Atos,
Wipro, CGI Inc, MuleSoft, Celigo, Work Horse Integration, Workato, Itrasition,
Jitterbit, Snaplogic, Tray.io, Aspire Systems, DocInfusion, Flowgear
Table of Contents
1. Executive Summary
2. System Integration Services Market Report Structure
3. System Integration Services Market Trends And Strategies
4. System Integration Services Market – Macro Economic Scenario
5. System Integration Services Market Size And Growth
…..
27. System Integration Services Market Competitor Landscape And Company
Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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