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 involves the incorporation of diverse physical and digital IT infrastructures, such as machine systems, inventory, databases, applications, protocols, etc., into a centralized network. Various installation methods include horizontal, vertical, star, and standard data formats with business process management, computer networking, and manual programming. System integration offers data integrity, minimizes operational costs, improves workflow efficiency and productivity, and enhances business-to-business (B2B) communication. As a result, it is extensively used in the healthcare, government, oil and gas, telecommunications and IT, and BFSI industries.
The growing scalability among organizations and the advent of advanced technologies, such as big data, cloud-based services, and Software-as-a-Service (SaaS), have increased the operational complexity in businesses. Owing to this, there is an increasing demand for distributed information technology (IT) solutions, such as system integration, to streamline various systems. Additionally, the adoption of the Integration Platform-as-a-Service (iPaaS) solutions has led to the rising utilization of system integration across the transportation, and oil and gas industries to distribute integrated resources for multiple applications. The implementation of stringent lockdown regulations across several countries to reduce COVID-19 transmission has urged businesses to alter their business models and opt for remote working solutions. This has further escalated the demand for system integration to attain secure and convenient remote access to data on a real-time basis.
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System Integration Market 2021-2026 Analysis and Segmentation:
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:
The report has segmented the market on the basis of service, end use industry and region.
Breakup by Service:
Breakup by End Use Industry:
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Breakup by Region:
Key highlights of the report:
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