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The System Integrator Market size was valued at USD 28.2 Billion in 2023 and is expected to reach USD 45.28 Billion by 2031 and grow at a CAGR of 6.1% over the forecast period 2024-2031.
In engineering, system integration refers to the process of combining component subsystems into a single system and ensuring that the subsystems work together as a system. It enables businesses to obtain low-cost, pre-configured hardware and software components. These modest pieces of software and hardware assist businesses in achieving essential business objectives. Currently, certain system integrators, such as SAP, provide more specialized applications and software packages, such as ERP software and SAP Business Suite.
Rising cloud technology improvements, more usage of the Internet of Things (IoT), and rising investment in distributed information technology systems (telecommunication networks and real-time process control) are just a few of the causes driving this industry's growth. The COVID-19 outbreak has shown flaws in business models across industries. However, it has provided various chances to digitize and grow the business across regions by utilizing technologies such as cloud, AI, and IoT. With the pandemic under control, numerous industries including as retail, manufacturing, and automotive are projected to see increased investment as system integration solutions gain significance across multiple business processes.
KEY DRIVERS:
Rising safety and security concerns are driving the demand for automation solutions.
Increasing need for low-cost, energy-efficient manufacturing techniques
The adoption of the Internet of Things (IoT) and cloud computing in industrial automation is growing.
There are more and more examples of system integrators providing packaged goods.
RESTRAINTS:
Automation implementation and maintenance need significant expenses.
The drop in crude oil prices has an impact on investments in infrastructure automation.
OPPORTUNITY:
Healthcare has increased the demand for remote operations.
Industry 4.0 and digitization provide new opportunities.
CHALLENGES:
System interoperability is a significant difficulty for system integrators.
COVID-19 has had a considerable influence on the industrial automation system integrator business and the end-user industries served. Because of the rising spread of COVID-19 across countries, several governments have taken exceptional efforts to combat the epidemic. These actions have resulted in the temporary closure of several firms, financial market volatility, and severe limitations on travel and mobility. The immediate direct impact of the shutdowns has had a significant impact on the demand for system integration services. The overall long-term market impact of COVID-19 is predicted to be determined by a number of factors, including the pandemic's global spread and length, the measures taken by various government bodies throughout the world in reaction to the pandemic, and the severity of the disease.
MARKET ESTIMATION:
In 2021, the infrastructure integration category will hold the biggest market share. The requirement for convergent Information and Communication Technology (ICT) infrastructure and improved business process efficiency are driving the segment growth. It enables several users to share a single piece of hardware, making it a cost-effective solution for diverse businesses with little funds to spend in hardware. Furthermore, strong investments in fifth-generation infrastructure, along with an increasing requirement to establish a 5G-enabled ecosystem, are likely to push the segment's growth throughout the forecasted period. This technique will aid organizations in operating as a consolidated platform, hence lowering overall complexity.
In addition to the foregoing, the application integration segment is predicted to increase at a rapid pace. Cloud applications are expected to boost the segment's growth in the IT sector. These technologies were developed independently in order to function together, resulting in new capabilities and efficiencies that cut operating costs while improving workflow and efficiency. It aids in the integration of existing on-premises systems with rapidly growing cloud-based corporate applications. Furthermore, application integration is becoming more common as more businesses evaluate the extraction capabilities for gaining important insights from big data, which bodes well for the segment's growth.
In 2021, the Banking, Financial Services, and Insurance (BFSI) category has the largest market share. Demand for high-quality system integration services is expected to rise as the BFSI sector digitizes. As the usage of digital payment methods grows, there is a greater need for appropriate data management systems to handle the growing amounts of data. This new marketplace will most likely provide digital financial services alongside actual on-the-ground shops. It will also allegedly expand mBnks' brick and mortar merchant network in order to promote financial inclusion in India's communities.
Over the projection period, the healthcare category is expected to rise at a strong CAGR. The increasing usage of linked care technology during the COVID-19 pandemic, as well as the quick adoption of Electronic Health Records, can be related to the segment's rise. Connected care technologies have proven to be quite beneficial since they enable healthcare practitioners to monitor patients utilizing noninvasive digitally connected devices such as home blood pressure monitors and pulse oximeters. Furthermore, in the next years, some hospitals will continue to focus on increasing their capabilities by integrating multiple hospital systems with EHR, hence offering development prospects for the healthcare market.
On The Basis of Services
Infrastructure Integration
Application Integration
Consulting
On The Basis of End-use
IT & Telecom
Defense & Security
BFSI
Oil & Gas
Healthcare
Transportation
Retail
Others
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North America is expected to account for a significant portion of the global system integrator market. In the region, human resources are few, and professional people for complicated operations are expensive. As a result, corporations' production operations have become more automated. North America has been very competitive in the industrial automation industry due to technical improvements, with the United States being a developed country that adopts new technology for industrial operations. Automation solutions are becoming increasingly common across businesses as 5G wireless technology becomes more readily available. Furthermore, the industrial automation and industrial IoT industries are rising as demand for augmented reality and virtual reality develops.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are John Wood Group, ATS Automation, Avanceon Limited, JR Automation, Tesco Controls, Inc., Burrow Global LLC, Prime Controls LP, MAVERICK Technologies, Barry-Wehmiller, INTECH Process & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 28.2 Billion |
| Market Size by 2031 | US$ 45.28 Billion |
| CAGR | CAGR 6.1% From 2024 to 2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Services (Infrastructure Integration, Application Integration, and Consulting) • by End-use (IT & Telecom, Defense & Security, BFSI, Oil & Gas, Healthcare, Transportation, Retail, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | John Wood Group, ATS Automation, Avanceon Limited, JR Automation, Tesco Controls, Inc., Burrow Global LLC, Prime Controls LP, MAVERICK Technologies, Barry-Wehmiller, and INTECH Process |
| Key Drivers | •Rising safety and security concerns are driving the demand for automation solutions. •Increasing need for low-cost, energy-efficient manufacturing techniques |
| Market Restraints | •Automation implementation and maintenance need significant expenses. •The drop in crude oil prices has an impact on investments in infrastructure automation. |
Ans: - The System Integrator Market size was valued at USD 28.2 Bn in 2023.
Ans: - System interoperability is a significant difficulty for system integrators.
Ans: - The segments covered in the System Integrator Market report for study are on the basis of services and end-use.
Ans. The primary growth tactics of System Integrator market participants include merger and acquisition, business expansion, and product launch.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. System Integrator Market Segmentation, by Services
8.1 Infrastructure Integration
8.2 Application Integration
8.3 Consulting
9. System Integrator market, by End-use
9.1 IT & Telecom
9.2 Defense & Security
9.3 BFSI
9.4 Oil & Gas
9.5 Healthcare
9.6 Transportation
9.7 Retail
9.6 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 John Wood Group
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 ATS Automation
11.3 Avanceon Limited
11.4 JR Automation
11.5 Tesco Controls, Inc.
11.6 Burrow Global LLC
11.7 Prime Controls LP
11.8 MAVERICK Technologies
11.9 Barry-Wehmiller
11.10 INTECH Process
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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