System Integration Market Poised to Achieve Exponential CAGR of 10.67% by 2029, Size, Share, Trends and Opportunitiy Analysis

PRESS RELEASE
Published September 28, 2023

Data Bridge Market Research analyses that the System Integration Market was valued at USD 327.70 million in 2021 and is expected to reach USD 735.17 million by 2029, registering a CAGR of 10.67% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

System integration is important for both internal cooperation and business-to-business communication within an enterprise. As an IPAAS provider, system integration is something that can be done on a daily basis. The growing use of the Internet of Things (IoT), rising advancements in cloud technologies, and increasing investment in distributed information systems such as real-time process control and telecommunication networks are some major factors contributing to the growth of the system integration market. The outbreak of COVID-19 has thrown light on weakness in business models through verticals. However, it has served numerous opportunities to digitize and increase the business overall by adopting technologies such as cloud, Artificial Intelligence (AI), and IoT.

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Key Opportunities:

  • Rising demand for Flexible manufacturing

Moreover, the rising demand for the providers of the flexible manufacturing by market players further extend the advantageous opportunities for the growth of the system integration market in the forthcoming period.

  • Increasing use of internet of things

The rising use of Internet of things in industrial automation will create immense opportunities for market growth. The automation systems integrations are equipped with the immense opportunity due to most businesses and due to an existing relationship between system integration and operations in the market.

Top Leading Key Players of System Integration Market:

  • Capgemini (France)
  • Accenture (Ireland)
  • IBM (U.S.)
  • Infosys Limited (India)
  • Jitterbit Inc., (U.S.)
  • Magic Software Enterprises (Israel)
  • HCL Technologies Limited (India)
  • Wipro (India)
  • Johnson Controls. (Ireland)
  • Cognizant (U.S.)
  • Tata Consultancy Services Limited (India)
  • John Wood Group PLC (U.K.)
  • ATS Automation Tooling Systems Inc, (Canada)
  • Avanceon (UAE)
  • JR Automation (Netherlands)
  • Tesco Controls, Inc. (U.S.)
  • Burrow Global LLC (U.S.)
  • Prime Controls LP (U.S.)
  • MAVERICK Technologies LLC (U.S)
  • BW Design Group (U.S.)

Recent Development

  • In January 2022 – In North America, the Proud Automation has been added Mobile Industrial Robots (MiR) certified system integrations to the list. Proud Automation, an RG Group subsidiary which is the leading manufacturer of Mobile Industrial Robots (MiR) and autonomous mobile robots
  • In June 2021 – Control and Information Management Ltd. (“CIM”) which is an industrial automation system integration located in Ireland has been acquired by ATS Automation Tooling Systems Inc.,  This company is an industry-leading supplier of automation solutions. With the procurement of CIM, ATS increases its automation and service proficiencies for the pharmaceutical, biopharma, and other services and manufacturing industries and also strengthens its digitization strategy.
  • In January 2022 – Wood has received funding from Canadian province of Newfoundland and Labrador to support the recovery of the area’s offshore oil and gas industry and increase employment. The project aims to offering maintenance and establish a regional autonomous robotic inspection and

To Gain More Insights into the Market Analysis, Browse Summary of the System Integration Market Report@ https://www.databridgemarketresearch.com/reports/global-system-integration-market

Global System Integration Market Segmentations:

Service

  • Building Management System (BMS)
  • Cloud Integration
  • Integrated Communication
  • Data Center Infrastructure Management (DCIM)
  • Network Integration
  • Others

Application

  • Application Integration
  • Data Integration
  • Unified Communication
  • Intn Market Integrated Security Software
  • Integrated Social Software
  • Others
  • Consulting
  • Application Lifecycle Management (ALM)
  • Business Transformation
  • Business Process Integration
  • Others

Vertical

  • Government
  • Banking
  • Financial Services
  • Insurance (BFSI)
  • Consumer Goods and Retail
  • Healthcare
  • Manufacturing
  • Oil, Gas, and Energy
  • Telecommunication and IT
  • Transportation and Logistics
  • Others

System Integration Market Country Level Analysis

The countries covered in the System Integration Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the System Integration market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-system-integration-market

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