System
Integration Services Market Size, Share, Growth, Industry Forecast to 2028
The system integration services market is expanding, and vendors are
adopting a strategic focus to attract customers. The emphasis is on providing
an elegant user experience as more users turn to system integration services.
These services help users streamline their integration process, and service
providers must respond to the demand for simple, user-friendly solutions.
The global System Integration Services
Market is expected to grow from 483.0 billion in 2023 to
USD 665.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 6.6%
during the forecast period, according to new research report by MarketsandMarkets™
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Our analysis shows North America holds the largest market size during
the forecast period.
As per our estimations, North America will hold the most significant
market share in the global system integration services market in 2023, and this
trend will continue. There are various reasons for this, including numerous
businesses with advanced IT infrastructure and an abundance of technical
skills. Due to these factors, North America has the highest adoption rate of
system integration services. The advancements in cloud computing, mobile
technologies, and Machine-to-Machine (M2M) have also contributed to adopting
system integration services in various industries, such as finance and
government. As the benefits of the cloud strategy become more apparent, more
businesses are embracing it. The US and Canada are the top players in the
system integration services market in the region. The manufacturing sector’s
increasing adoption of Industry 4.0 technologies, such as automation, robotics,
and Industrial IoT, has led to a growing need for system integration services
to create interconnected smart factories.
In this region, large companies are quickly adopting system integration
services to improve their employees’ overall experience and overcome business
continuity challenges during the lockdown. With its vendor presence, North
America drives market growth as large companies and SMEs focus on creating
innovative system integration services incorporating technological advancements
like data analytics, AI, and ML. North America was one of the first to adopt
cloud and mobility technologies and has a sophisticated IT infrastructure that
reduces operational costs across different sectors. North America is the most
significant contributor to the market’s revenue compared to other regions.
Companies focus on consumers, leading to increased business adoption of Enterprise
Applications (EA). The growth of the North American market is due to its
advanced technological infrastructure and the presence of major industry
players such as Accenture, IBM, Microsoft, HP, and Oracle. These companies
actively develop cutting-edge technologies, further fueling North America’s
market expansion.
Infrastructure Integration Services segment to hold the largest market
size during the forecast period.
With the growth of IoT devices and the need for real-time data
processing, edge computing is becoming more prevalent. Integrating edge
computing infrastructure with core data centers or cloud services is becoming
crucial for efficient data handling and reduced latency. AI and ML are
increasingly incorporated into IT infrastructure management to optimize
resource allocation, predict and prevent system issues, and enhance security
through anomaly detection and threat analysis; this would drive the market. In the
coming years, with the deployment of 5G networks, organizations are exploring
ways to integrate 5G technology into their infrastructure to enable faster and
more reliable connectivity, especially for edge and IoT applications.
The different elements of infrastructure integration services are:
Healthcare vertical to record the highest CAGR during the forecast
period.
Private medical offices can benefit from IT support and efficiency
improvements through management software solutions and system integration
services. These services can help healthcare companies increase process
effectiveness, process payments, schedule appointments, and facilitate employee
onboarding. System integration services can also assist with task-specific
issues, such as streamlining documentation procedures and supporting HIPAA
compliance through electronic medical records (EMR) software systems. As
healthcare deals with sensitive patient information, IT and network security
are significant concerns. System integration services in the US help overcome
security and application management challenges and meet HIPAA compliance. Other
medical procedures, such as medications and supplies management, engaging
patients, and hosting websites that adhere to HIPAA regulations, can also
benefit from system integration services.
Healthcare practitioners turn to these services to maintain the
functionality of vital medical technology and improve business operations.
Migrating applications to the cloud offers numerous opportunities for deep data
mining, analytical capabilities, enhanced interoperability, and
internet-connected clinical devices; this can lead to reduced CapEx, reduced
OpEx, and improved efficiency. System integration in healthcare involves
connecting and coordinating various healthcare systems, technologies, and data sources
to improve patient care and streamline operations. It involves the seamless
exchange of information and collaboration among healthcare stakeholders, such
as hospitals, clinics, laboratories, pharmacies, and electronic health record
(EHR) systems. Health Information Exchange (HIE) enables authorized providers
to access patient data, leading to more informed treatment decisions and
improved patient outcomes, especially in emergencies.
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Market Players
Some prominent players across all service types profiled in the system
integration services market’s study include Accenture (Ireland), Capgemini
(France), Cisco (US), HCLTech (India), HPE (US), IBM (US), Oracle (US), Infosys
(India), Atos (France), Microsoft (US), Deloitte (UK), TCS (India), Wipro
(India), Cognizant (US), DXC Technology (US), Dell (US), Fujitsu (Japan),
Aspire Systems (India), CGI (Canada), Itransition (US), Celigo (US), 3Insys
(US), Work Horse Integrations (US), DocInfusion (India), Flowgear (South
Africa), Jitterbit (US), SnapLogic (US), Tray.io (US), and Workato (US).
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