Title: System Integration Market Trends Information and Competitive Landscape Scenario to 2027
1System Integration Market Regional Growth
Drivers, Opportunities and Trends Forecasts to
2027
- Recent trends in the system integration market
are driven by an increase in the accordance of
contracts by governments to key market
participants. Citing an instance, in February
2021, Fincantieri Marinette Marine awarded a
contract to L3Harris Technologies for the
production and shipboard integration of major
subsystems onboard the guided-missile frigate FFG
62 of the U.S. Navy. As per the latest research
by Global Market Insights, Inc., the global
system integration market share is anticipated to
surpass USD 575 billion by 2027. - While L3Harris is set to back the Navys plans
for the development of at least 10 ships, the
value of this endeavor is estimated to be more
than 300 million, provided all design,
production, and development options are awarded
to the company. Such advancements are slated to
boost the demand for various system integration
services, driving the business landscape over the
forthcoming years.
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2- This rise is prominently attributed to an
increase in the demand for application
integration as it allows systems and applications
that have been developed separately to function
together, resulting in new capabilities that
improve efficiency and workflow as well as bring
about a reduction in the cost of operation. The
deployment of system integration services help in
bridging the gap between the existing on-premises
systems and rapidly-evolving cloud-based
enterprise applications.
- The infrastructure integration segment in the
system integration market is anticipated to grow
at a commendable CAGR through 2027. On this note,
various system integration companies are focusing
on the development of the provision of asset
management solutions for IT infrastructure
management.
- Multiple benefits offered by integrated security
software include obtaining alerts for unexpected
changes to configurations, files, and settings,
as well as monitoring of infrastructure
comprising VMware, OpenStack, and Docker. System
integration software also helps in the promotion
of rapid assessment and identification of
suspicious activity and policy violations.
- Furthermore, substantial demand from businesses
looking for the incorporation of both physical
and virtual security measures for the protection
of residential and commercial equipment and
infrastructure is poised to escalate system
integration market share.
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4- The MEA system integration industry is poised to
depict lucrative growth through 2027 on account
of the flourishing IT telecom sector in the
region. Several service providers are expanding
their IT facilities owing to an upsurge in the
demand for cloud computing. In addition, numerous
telecom operators in the region are engaged in
the construction of large-scale facilities for
the purpose of enhancing the rate of data
transmission.
- Key players in the system integration market
comprise Huawei Technologies Co., Ltd., Dell
Technologies, Inc., Hitachi Ltd., HCL
Technologies Limited, Cisco Systems, Inc.,
Hewlett-Packard Enterprise Company, and others.
These system integration companies are making
investments in various research and development
activities, influencing product development over
the analysis period.
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