(MENAFN- GetNews) The global system integration market to grow at a CAGR of 14.21% during 2021-2026.
According to the latest report by IMARC Group, titled ' System Integration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 , the global system integration market to grow at a CAGR of 14.21% during 2021-2026.
System integration includes the integration of various physical and digital IT infrastructures, such as inventory machine systems, protocols, databases, applications, etc., into a centralized network. Several installation methods involve horizontal, vertical, standard, and star data formats with business process management, manual programming, and computer networking. System integration provides data integrity, improves workflow efficiency and productivity, minimizes operational costs, and enhances business-to-business (B2B) communication. As a result, it is extensively adopted across diverse industries, healthcare, government, oil and gas, telecommunications and IT, BFSI, etc.
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Market Trends:
The increasing scalability among organizations and the advent of advanced technologies, including big data, cloud-based services, Software-as-a-Service (SaaS), etc., have escalated the operational complexity in business processes. This has created a huge demand for distributed information technology (IT) solutions, such as system integration, to streamline several systems. Furthermore, the rising adoption of the Integration Platform-as-a-Service (iPaaS) solutions has resulted in the growing utilization of system integration across the oil and gas and transportation industries to distribute integrated resources for multiple applications. Besides this, the implementation of stringent lockdown regulations across several countries to contain COVID-19 transmission has urged companies to alter their business models and opt for remote working solutions. This has further augmented the demand for system integration to attain secure and convenient remote access to data on a real-time basis.
System Integration Market 2021-2026 Analysis and Segmentation :
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Accenture Plc.
- BAE Systems Plc.
- Capgemini SA.
- Cisco Systems Inc.
- Dell Inc.
- Fujitsu Limited (Furukawa Group)
- HCL Technologies Limited
- Hewlett Packard Enterprise Company
- IBM Corporation
- Infosys Limited
- Oracle Corporation
- Tata Consultancy Service Limited
- Wipro Limited
The report has segmented the market on the basis of service, end use industry and region.
Breakup by Service:
- Infrastructure Integration
- Application Integration
- Consulting
Breakup by End Use Industry:
- BFSI
- Government
- Manufacturing
- Telecommunications
- Retail
- Oil and Gas
- Healthcare
- Others
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Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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