System Integration Market | Size, Share, Trends, Analysis, and Forecast 2019-2025 | Grand View Research, Inc.

August 05 12:32 2021
System Integration Market | Size, Share, Trends, Analysis, and Forecast 2019-2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the increasing technological advancements such as cloud and virtual technologies, are anticipated to favorably impact market growth.

The global system integration market size is expected to reach USD 582.5 billion by 2025, at a CAGR of 11.7% over the forecast period according to a study conducted by Grand View Research, Inc. Rising inclination towards cloud computing, demand for virtualization, and concerns over usage of automation and unified approach in business processes are some factors expected to positively impact the growth.

Growth of cloud computing technology coupled with increased government initiatives to encourage prominent vendors to introduce technological advancements and promote the adoption of cloud technology, is also expected to drive the market. For instance, the government of UAE has funded various projects, such as Smart Abu Dhabi and Smart Dubai, aimed at bringing digital transformation and accelerating economic growth. Such initiatives are expected to boost growth of the market in UAE.

The benefits of cloud integration include utility style costing, absence of single point of failure, scalability, location independence, and lack of investments in hardware promotes the acceptance and implementation of cloud integration solutions and services. Thus, various industries, such as financial services and software organizations leverage from cloud computing.

Increased investments by the key market players in system integration solutions, has significantly eliminated redundancies and positively impacted the IT infrastructure. Growing requirement for eliminating multiplicity, heterogeneity, and evolving distinctiveness of important applications and infrastructures is also anticipated to power the system integration market over the forecast period. However, high implementation costs and lack of standardize framework are some of the challenges affecting the market growth.

 System Integration Market Report Highlights

 IT and telecommunications accounted for over 15.0% of total market share in 2018 owing to increased penetration of 4G services and growing development of 5G infrastructure that has data-intensive networks and may lead to the high generation of data. Furthermore, growing number of telecom subscribers using smartphones and other handheld devices worldwide is anticipated to positively influence the segment growth, in turn propelling the market growth

 Rapid industrialization in various end-use industries and significant presence of SMEs, primarily in South East Asia, is expected to fuel the system integration market in Asia Pacific. Furthermore, rising government initiatives such as subsidies and financial support has also positively impacted the growth of SMEs in Asia Pacific. For instance, the Make in India initiative by the Government of India focuses on providing a 25% grant to SMEs, which is anticipated to fuel the market growth

 The market is highly consolidated and characterized by high competition with the presence of major global players such as Accenture; Cisco Systems, Inc.; Capgemini; Fujitsu Limited; Oracle Corporation; Infosys Limited; and HCL Technologies; among others. These players focus on entering into partnerships to enhance their market presence and also to offer enhanced product portfolio

 Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/system-integration-market

System Integration Market Segmentation

Grand View Research has segmented the global system integration market based on services, end use, and region:

System Integration Services Outlook (Revenue, USD Billion, 2014 – 2025)

     Infrastructure Integration
     Application Integration
     Consulting

System Integration End Use Outlook (Revenue, USD Billion, 2014 – 2025)

     IT & Telecommunications
    Defense & Security
     BFSI
     Oil & Gas
     Healthcare
     Transportation
     Retail
     Others

System Integration Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America                                  
        • U.S.
        • Canada
     Europe
        • Germany
        • U.K.
        • France                                        
     Asia Pacific
        • China
        • India
        • Japan
        • Australia
        • South East Asia
    • Latin America
        • Brazil
        • Mexico
     Middle East & Africa
        • United Arab Emirates (UAE)
        • Saudi Arabia
        • South Africa
         

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/system-integration-market/request/rs1

Browse More Related Report:

Integration Platform as a Service Market Size, Share & Trends Analysis Report By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025

5G System Integration Market Size, Share & Trends Analysis Report By Services Type (Consulting, Infrastructure Integration, Application Integration), By Vertical, Application, And Segment Forecasts, 2021 – 2028

About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

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