The System Integration Market is valued at USD 382.92 Billion in 2023 and is projected to reach USD 970 Billion by 2030, experiencing a CAGR of 14.2% from 2023 to 2030.
System Integration Market Overview
The process of integrating physical and digital information technology (IT) infrastructure, such as machine systems, inventory, databases, applications, protocols, formats, and data consumption patterns, into a centralized network is referred to as system integration. It helps to resolve the complexity brought on by increased system connectivity while enhancing output and data consistency. To reduce infrastructure investments and accelerate decision-making, enterprises from various end-use industries currently rely on system integration solutions.
The banking, financial services, and insurance (BFSI) sector uses system integration to simplify and automate complicated activities. One of the major factors positively affecting the need for system integration globally is this, along with the expanding use of online banking services due to the increasing reliance on smartphones with high-speed internet. Additionally, the growing need for cloud-based solutions among small and medium-sized businesses (SMEs) to handle corporate data effectively and efficiently is boosting the market. In addition, system integration is frequently used to give comprehensive enterprise-class business solutions that enhance partner collaboration, boost customer relations, and boost supply chains and business operations efficiency. Key participants in the market are thus given significant commercial chances by this. Additionally, the requirement for distributed IT solutions to synchronize many systems is expanding due to the complexity and scalability of company processes as well as the widespread use of cutting-edge technologies like big data and software-as-a-service (SaaS). In the next years, it is projected that this will have a favorable impact on the need for system integration.
Market Dynamics
The expansion of the system integration market is being driven by increasing public and private investments in system integration solutions for the improvement of Information Technology (IT) infrastructure. Throughout the forecast period, the system integration market is anticipated to be driven by the growing requirement to eliminate the diversity and heterogeneity of essential applications utilized in infrastructure. The global system integration market was negatively impacted by the COVID-19 outbreak. However, beginning in early 2021, the demand for project management and system integration solutions increased due to increasing digitization and growth in public and private infrastructure development investments.
System integration allows more intelligent organizational operations by bringing together different processes. As enterprise complexity has an impact on an organization’s capacity to compete and generate profit, businesses are beginning to recognize the significance of system integration. Technologies for system integration offer businesses centralized, integrated, and cost-effective solutions for their IT infrastructure. One of the major factors propelling the expansion of the system integration market is the rise in information technology users. The U.S. Bureau of Labor Statistics predicts a 15% rise in employment for computer-related occupations by 2031. As a result, system integration is becoming more and more common in a variety of fields and sectors, including banking, healthcare, telecommunications, IT, aviation, oil & gas, and marine systems.
Segmentation Insights
- Services Insights:
In 2022, the infrastructure integration segment held a market share of over 35%. The growth in this segment is attributed to the increasing demand for a resilient, agile, and secure unified IT infrastructure. Enterprises adapting to a complex business environment are driving the need for infrastructure integration. Market players collaborate with engineering services providers, outsourcing infrastructure integration testing services for improved system performance. - The consulting segment is expected to grow at a significant CAGR of 14.9%, driven by the rising need for enterprises to design Business Continuity and Disaster Recovery Planning (BCP & DRP) and conduct rehearsals for efficient workflow. System integration solution providers offer consulting services for digital integration, and modernizing IT systems. In December 2021, Praruh, an ICT integration specialist firm, introduced a system integration portfolio and consulting services for efficient usage of the newly launched solutions.
End-use Insights:
- In 2022, the Banking, Financial Services, and Insurance (BFSI) segment held a market share of over 18.7%. System integration facilitates safe, quick, and smooth banking operations, meeting critical sector requirements. Collaboration between companies in the BFSI sector and system integrators drives demand, especially with the growth of neo-banking, fintech startups, and the focus on digital economies post-COVID-19.
- The IT & telecom segment is anticipated to grow at a significant CAGR of 15.9%. Key players’ increased expenditure on system integration solutions has improved IT infrastructure management, reducing redundancies. System integration aids in integrating hardware and software solutions, encouraging telecom companies to enhance their business operations. For example, Telenor partnered with Google Cloud in November 2021 to digitally transform infrastructure and improve technical capabilities through AI & ML.
Regional Analysis
- Due to the presence of numerous SMEs and the availability of low-cost service options in the region, the Asia Pacific system integration market demand is anticipated to experience substantial growth during the forecast period. Hubs for consulting and outsourcing activity include APAC nations like India, Malaysia, China, and the Philippines. The adoption of these services by international players has been made possible by the availability of vast pools of highly skilled workers at low hourly wages. Organizations in Europe have a significant need to upgrade the current network infrastructure. An excellent foundation for the adoption of cloud computing and IoT in the European business environment is provided by the implementation of system integration services.
- In addition, it is anticipated that the markets in the Middle East, Africa, and Latin America will expand significantly between 2019 and 2026. Global economies and industries are realigning and consolidating quickly around digital innovation. For instance, to bring about digital transformation and spur economic growth, the government of the United Arab Emirates has supported numerous smart city projects.
Key Players
Some of the prominent players in the global system integration market include:
- Accenture
- Capgemini
- Fortinet, Inc.
- Cisco Systems, Inc.
- Cognizant
- Deloitte Touche Tohmatsu Limited
- International Business Machines Corporation
- Infosys Limited
- Tata Consultancy Services Limited
- Tech Mahindra Limited
- NEC Corporation
- Atos SE
- HCL Technologies Limited
- IBM Corporation
- Oracle Corporation
Recent Development:
- Control and Information Management Ltd. (“CIM”), an industrial automation system integration firm with offices in Ireland, was bought by ATS Automation Tooling Systems Inc. in June 2021. ATS Automation Tooling Systems Inc. is a prominent provider of automation systems. With the acquisition of CIM, ATS improves its digitization strategy while also enhancing its automation and service capabilities for the pharmaceutical, biopharma, and other services and industrial industries.
- Wood was given funds by the Canadian state of Newfoundland and Labrador in January 2022 to help the region’s offshore oil and gas industry revive and create more jobs. The project seeks to provide a regional autonomous robotic inspection and maintenance service and
Global System Integration Market Segmentation
Services Outlook (Revenue, USD Billion, 2017 – 2030)
- Infrastructure Integration
- Application Integration
- Consulting
End-use Outlook (Revenue, USD Billion, 2017 – 2030)
- IT & Telecom
- Defense & Security
- BFSI
- Oil & Gas
- Healthcare
- Transportation
- Retail
- Others ( Food & Beverages, Automotive, Government)
Regional Outlook (Revenue, USD Billion, 2018 – 2030)
North America
Europe
- U.K.
- Germany
- France
- Italy
Asia Pacific
- China
- India
- Japan
- South Korea
Latin America
Middle East & Africa
- South Africa
- Saudi Arabia
System Integration Market Report Scope |
Report Attribute | Details |
Market Size Value in 2023 | USD 382.92 billion |
Revenue Forecast in 2030 | USD 970 billion |
Growth Rate | CAGR of 14.2% from 2023 to 2030 |
Base Year for estimation | 2022 |
Historical Data | 2018 – 2022 |
Forecast Period | 2023 – 2030 |
Report Updated | Dec-23 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2030 |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered | Services, End-use, and Region |
Regional Scope | North America; Europe; Asia Pacific; Latin America; MEA |
Country Scope | U.S.; Canada; UK; Germany; France; Italy; Spain; Denmark; Sweden; Norway; Japan; China; India; Australia; South Korea; Thailand; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait |
Key Companies Profiled | Accenture, Capgemini, Fujitsu Limited, Oracle Corporation, Infosys Limited, Cisco Systems, Inc., Cognizant, Computer Sciences Corporation (CSC), Deloitte Touche Tohmatsu Limited, Hewlett Packard Company, IBM Corporation, Tata Consultancy Services Ltd., and HCL Technologies |
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.2.1 Purchased Database
1.2.2 List of secondary sources
1.2.3 Primary Research
1.3 List of Data Sources
1.4 Market Formulation & Publishing
1.5 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 System Integration Market – Industry Snapshot & Key Buying Criteria, 2017 – 2030
2.2 Global System Integration Market, 2017 – 2030 (USD Billion)
2.2.1 Global System Integration Market, By Region, 2017 – 2030 (USD Billion)
2.2.2 Global System Integration Market, By Services, 2017 – 2030 (USD Billion)
2.2.3 Global System Integration Market, By End-use, 2017 – 2030 (USD Billion)
Chapter 3 System Integration Market: Industry Outlook
3.1 Market Segmentation and Scope
3.2 Penetration & Growth Prospect Mapping
3.3 System Integration Market Variable Analysis
3.2.1 Market Driver Analysis
3.2.2 Market Restraint/Challenge Analysis
3.4 Value Chain Analysis
3.5 Market Analysis Tools
3.4.1 System Integration Industry Analysis – Porter’s
3.4.2 System Integration Industry Analysis – PEST
3.6 Impact of COVID-19 on the System Integration Market
Chapter 4 System Integration Market: Services Segment Analysis
4.1 System Integration Market: By Services Segment Outlook & Market Share, 2022 and 2030
4.2 Infrastructure Integration
4.2.1 System integration infrastructure market, by region, 2017 – 2030 (USD Billion)
4.3 Application Integration
4.3.1 System integration application market, by region, 2017 – 2030 (USD Billion)
4.4 Consulting
4.4.1 System integration consulting market, by region, 2017 – 2030 (USD Billion)
Chapter 5 System Integration Market: End-use Segment Analysis
5.1 System Integration Market: By End-use Segment Outlook & Market Share, 2022 and 2030
5.2 IT & Telecom
5.2.1 System integration market in IT & telecom, by region, 2017 – 2030 (USD Billion)
5.3 Defense & Security
5.3.1 System integration market in defense & security, by region, 2017 – 2030 (USD Billion)
5.4 BFSI
5.4.1 System integration market in BFSI, by region, 2017 – 2030 (USD Billion)
5.5 Oil & Gas
5.5.1 System integration market in oil & gas, by region, 2017 – 2030 (USD Billion)
5.6 Healthcare
5.6.1 System integration market in healthcare, by region, 2017 – 2030 (USD Billion)
5.7 Transportation
5.7.1 System integration market in transportation, by region, 2017 – 2030 (USD Billion)
5.8 Retail
5.8.1 System integration market in retail, by region, 2017 – 2030 (USD Billion)
5.9 Others
5.9.1 System integration market in other end-use, by region, 2017 – 2030 (USD Billion)
Chapter 6 System Integration Market: Region Segment Analysis
6.1 System Integration Market: By Region Segment Outlook & Market Share, 2022 and 2030
6.2 North America
6.2.1 North America system integration market, 2017 – 2030 (USD Billion)
6.2.2 North America system integration market, by services, 2017 – 2030 (USD Billion)
6.2.3 North America system integration market, by end-use, 2017 – 2030 (USD Billion)
6.2.4 U.S.
6.2.4.1 U.S. system integration market, 2017 – 2030 (USD Billion)
6.2.4.2 U.S. system integration market, by services, 2017 -2030 (USD Billion)
6.2.4.3 U.S. system integration market, by end-use, 2017 – 2030 (USD Billion)
6.2.5 Canada
6.2.5.1 Canada system integration market, 2017 – 2030 (USD Billion)
6.2.5.2 Canada system integration market, by service, 2017 – 2030 (USD Billion)
6.2.5.3 Canada system integration market, by end-use, 2017 – 2030 (USD Billion)
6.3 Europe
6.3.1 Europe system integration market, 2017 – 2030 (USD Billion)
6.3.2 Europe system integration market, by services, 2017 – 2030 (USD Billion)
6.3.3 Europe system integration market, by end-use, 2017 – 2030 (USD Billion)
6.3.4 U.K.
6.3.4.1 U.K. system integration market, 2017 – 2030 (USD Billion)
6.3.4.2 U.K. system integration market, by services, 2017 – 2030 (USD Billion)
6.3.4.3 U.K. system integration market, by end-use, 2017 – 2030 (USD Billion)
6.3.5 Germany
6.3.5.1 Germany system integration market, 2017 – 2030 (USD Billion)
6.3.5.2 Germany system integration market, by services, 2017 – 2030 (USD Billion)
6.3.5.3 Germany system integration market, by end-use, 2017 – 2030 (USD Billion)
6.3.6 France
6.3.6.1 France system integration market, 2017 – 2030 (USD Billion)
6.3.6.2 France system integration market, by services, 2017 – 2030 (USD Billion)
6.3.6.3 France system integration market, by end-use, 2017 – 2030 (USD Billion)
6.3.7 Italy
6.3.7.1 Italy system integration market, 2017 – 2030 (USD Billion)
6.3.7.2 Italy system integration market, by services, 2017 – 2030 (USD Billion)
6.3.7.3 Italy system integration market, by end-use, 2017 – 2030 (USD Billion)
6.4 Asia Pacific
6.4.1 Asia Pacific system integration market, 2017 – 2030 (USD Billion)
6.4.2 Asia Pacific system integration market, by services, 2017 – 2030 (USD Billion)
6.4.3 Asia Pacific system integration market, by end-use, 2017 – 2030 (USD Billion)
6.4.4 China
6.4.4.1 China system integration market, 2017 – 2030 (USD Billion)
6.4.4.2 China system integration market, by services, 2017 – 2030 (USD Billion)
6.4.4.3 China system integration market, by end-use, 2017 – 2030 (USD Billion)
6.4.5 India
6.4.5.1 India system integration market, 2017 – 2030 (USD Billion)
6.4.5.2 India system integration market, by services, 2017 – 2030 (USD Billion)
6.4.5.3 India system integration market, by end-use, 2017 – 2030 (USD Billion)
6.4.6 Japan
6.4.6.1 Japan system integration market, 2017 – 2030 (USD Billion)
6.4.6.2 Japan system integration market, by services, 2017 – 2030 (USD Billion)
6.4.6.3 Japan system integration market, by end-use, 2017 – 2030 (USD Billion)
6.4.7 South Korea
6.4.7.1 South Korea system integration market, 2017 – 2030 (USD Billion)
6.4.7.2 South Korea system integration market, by services, 2017 – 2030 (USD Billion)
6.4.7.3 South Korea system integration market, by end-use, 2017 – 2030 (USD Billion)
6.5 Latin America
6.5.1 Latin America system integration market, 2017 – 2030 (USD Billion)
6.5.2 Latin America system integration market, by services, 2017 – 2030 (USD Billion)
6.5.3 Latin America system integration market, by end-use, 2017 – 2030 (USD Billion)
6.5.4 Brazil
6.5.4.1 Brazil system integration market, 2017 – 2030 (USD Billion)
6.5.4.2 Brazil system integration market, by services, 2017 – 2030 (USD Billion)
6.5.4.3 Brazil system integration market, by end-use, 2017 – 2030 (USD Billion)
6.5.5 Mexico
6.5.5.1 Mexico system integration market, 2017 – 2030 (USD Billion)
6.5.5.2 Mexico system integration market, by services, 2017 – 2030 (USD Billion)
6.5.5.3 Mexico system integration market, by end-use, 2017 – 2030 (USD Billion)
6.6 Middle East and Africa
6.6.1 Middle East and Africa system integration market, 2017 – 2030 (USD Billion)
6.6.2 Middle East and Africa system integrations market, by service, 2017 – 2030 (USD Billion)
6.6.3 Middle East and Africa system integration market, by end-use, 2017 – 2030 (USD Billion)
6.6.4 South Africa
6.6.4.1 South Africa system integration market, 2017 – 2030 (USD Billion)
6.6.4.2 South Africa system integration market, by services, 2017 – 2030 (USD Billion)
6.6.4.3 South Africa system integration market, by end-use, 2017 – 2030 (USD Billion)
6.6.5 Saudi Arabia
6.6.5.1 Saudi Arabia system integration market, 2017 – 2030 (USD Billion)
6.6.5.2 Saudi Arabia system integration market, by services, 2017 – 2030 (USD Billion)
6.6.5.3 Saudi Arabia system integration market, by end-use, 2017 – 2030 (USD Billion)
Chapter 7 Competitive Analysis
7.1 Recent Developments and Impact Analysis, by Key Market Participants
7.2 Company/Competition Categorization
7.3 Vendor Landscape
7.3.1 System Integration Market: Key Company Market Ranking/Share Analysis, 2022
Chapter 8 Competitive Landscape
8.1 Accenture
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic Initaiatives
8.2 Capgemini
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic Initaiatives
8.3 Cisco Systems, Inc.
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Strategic Initaiatives
8.4 Cognizant
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic Initaiatives
8.5 Deloitte Touche Tohmatsu Limited
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic Initaiatives
8.6 International Business Machines Corporation
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic Initaiatives
8.7 Infosys Limited
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic Initaiatives
8.8 Oracle Corporation
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic Initaiatives
8.9 Tata Consultancy Services Limited
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic Initaiatives
8.10 Tech Mahindra Limited
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Strategic Initaiatives
Services Outlook (Revenue, USD Billion, 2017 – 2030)
- Infrastructure Integration
- Application Integration
- Consulting
End-use Outlook (Revenue, USD Billion, 2017 – 2030)
- IT & Telecom
- Defense & Security
- BFSI
- Oil & Gas
- Healthcare
- Transportation
- Retail
- Others ( Food & Beverages, Automotive, Government)