System Integration Market (By Services: Infrastructure Integration, Application Integration, Consulting; By End-Use: IT & Telecom, Defense & Security, BFSI, Oil & Gas, Healthcare, Transportation, Retail, Food and & Beverages, Automotive, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global system integration market size was exhibited at USD 396.45 billion in 2022 and is projected to hit around USD 1,494.41 billion by 2032, growing at a CAGR of 14.19% during the forecast period 2023 to 2032.

Key Pointers:

• North America dominated the market and generated more than 36% of the revenue share in 2022. 
• By Services, the hardware integration segment contributed to the maximum market share in 2022. 
• By End-use, the banking, financial services, and insurance (BSFI) segment recorded the largest market share in 2022.

System Integration Market Report Scope

Rising public and private investments in system integration solutions for the enhancement of Information Technology (IT) infrastructure are driving the system integration market growth. The increasing need for eradicating the diversity, and heterogeneity, of vital applications used in infrastructure, is expected to drive the system integration market over the forecast period. The outbreak of COVID-19 had an adverse impact on the system integration industry across the globe. However, from early 2021 onwards, rapid digitization and a rise in public & private investments in infrastructure development boosted the demand for project management and system integration solution.

System integration brings disparate processes together and enables smarter organizational operations. Organizations are realizing the importance of system integration as enterprise complexity affects their profitability and competitive ability. System integration technologies provide enterprises with cost-effective, centralized, and integrated solutions for their IT infrastructure. Increasing users of information technology is one of the key factors driving the growth of the system integration market. According to the U.S. Bureau of Labor Statistics, employment in computer-related occupations is expected to increase by 15% by 2031. Therefore, system integration is gaining popularity across various industries and sectors, such as defense, marine systems, telecommunication and IT, aviation, oil & gas, banking, and healthcare.

Various international government-authorized organizations are taking supportive initiatives to increase cross-border investments and strengthen global business operations. Global organizations such as World Trade Organization (WTO), United Nations Organization (UNO), and World Economic Forum (WEF) are launching their digital infrastructure solutions to attract foreign investment. For instance, in May 2022, World Economic Forum (WEF) collaborated with Digital Cooperation Organization (DCO) to commence the digital FDI program to attract public & private investments in developing countries and emerging markets. The company is planning to establish its first Digital FDI system in Nigeria. These initiatives by international organizations are expected to propel the demand for system integration solutions to improve the payment system and implement a flexible system framework, allowing investors to expand their business in the respective regions.

The companies operating in the system integration market are partnering with technology providers to improve their product portfolio. For instance, in October 2022, Infosys Limited announced the collaboration with CIRCOR International, a leading provider of control products and services for the industrial and aerospace & defense industries, to transform its IT infrastructure, user support applications, and service desk. With strong system integration and automation capabilities, Infosys would transform CIRCOR’s IT services by deploying Service Level Agreements (SLA)-managed IT services, and bring agility into business operations to modernize the cloud landscapes and local data centers.

The challenges faced in the system integration market include difficulty integrating legacy systems with emerging technologies and a lack of technologically skilled personnel to operate sophisticated equipment. Further, system integration requires a standard network infrastructure for efficient operation. The lack of network infrastructure has resulted in the deferred demand for system integration. Moreover, significant growth in the app economy has resulted in a rapid increase of disparate applications deployed across various environments such as cloud and on-premise. These factors are expected to restrict the industry growth over the forecast period.

Some of the prominent players in the System Integration Market include:

• Capgemini
• Accenture
• IBM
• Infosys Limited 
• Tata Consultancy Services
• John Wood Group
• Cognizant
• Wipro
• Johnson Controls
• JR Automation 

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global System Integration market.

By Services

• Infrastructure Integration
• Application Integration
• Consulting

By End-Use

• IT & Telecom
• Defense & Security
• BFSI
• Oil & Gas
• Healthcare
• Transportation
• Retail
• Food and & Beverages
• Automotive
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)