|
North America's System Integration Services Market to Grow by USD 46 Billion (2024-2028), Driven by Need for Enhanced Business Efficiency and AI-led Transformation - Technavio
Tuesday, September 10, 2024
NEW YORK, Sept. 2, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The system integration services market size in North America is estimated to grow by USD 46 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.5% during the forecast period. Need for enhanced business process efficiency is driving market growth, with a trend towards increased adoption of cloud-based integration solutions. However, interoperability concerns poses a challenge. Key market players include Accenture Plc, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., CMS IT Services, Deloitte Touche Tohmatsu Ltd., DICEUS., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., NEC Corp., Oracle Corp., Salesforce Inc., Scopic Inc., Simform, Systems Integration Inc., and Zendesk Inc..
Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report
System Integration Services Market In North America Scope
Report Coverage
Details
Base year 2023
Historic period
Forecast period
2024-2028
Growth momentum & CAGR Accelerate at a CAGR of 6.5%
Market growth 2024-2028
USD 46 billion
Market structure
Fragmented
YoY growth 2022-2023 (%) 6.36
Regional analysis
North America
Performing market
contribution North America at 100%
Key countries
US, Canada, and Mexico
Key companies profiled Accenture Plc, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., CMS IT Services, Deloitte Touche Tohmatsu
Ltd., DICEUS., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International
Business Machines Corp., Microsoft Corp., NEC Corp., Oracle Corp., Salesforce Inc., Scopic Inc., Simform, Systems
Integration Inc., and Zendesk Inc.
Market Driver
The System Integration Services market in North America is experiencing significant growth due to increasing adoption of automation and digital transformation initiatives by businesses. Companies are investing in system integration services to connect various applications and systems, improve data flow, and enhance operational efficiency. Additionally, the rise of cloud computing and the need for seamless integration with cloud platforms are driving market demand. Overall, the market is expected to continue expanding in the coming years.
The System Integration Services Market in North America is experiencing significant growth due to various trends. Payment systems integration is a key focus area as businesses adopt digital payments. The startup ecosystem is thriving, driving demand for IT services from engineering services providers. Cloud technologies, including Google Cloud, are transforming the industry, enabling data integration and data-driven insights. Internet penetration and 5G mobile networks are expanding, fueling the need for network integration services in telecommunication, aviation, banking, and other sectors. Technologically skilled personnel are in high demand for implementing fiber networks and SD-WAN solutions. Defense, marine systems, and industrial automation are also major markets. Generative AI and MDS System Integration are revolutionizing digital infrastructure solutions. Smart city projects, fintech startups, and various industries from retail to healthcare to transportation are investing in system integrators for access controls and IoT integration.
Explore a 360° Analysis of the Market: Unveil the Impact of AI. For complete insights- Request Sample!
Market Challenges
-- The System Integration Services market in North America is experiencing
steady growth. Companies are investing in integrating various business
systems to streamline operations and enhance efficiency. Integration
services enable seamless data flow between applications and platforms,
improving overall business performance. Major industries such as
healthcare, finance, and retail are actively adopting system integration
solutions to gain a competitive edge. Market leaders provide services
including custom integration, pre-built connectors, and managed services
to cater to diverse client needs.
-- The North American System Integration Services Market is experiencing
significant growth due to the increasing demand for digital
transformations in enterprises. Companies are integrating new software
applications, cloud-based services, IoT technologies, and edge computing
into their IT infrastructure. However, system integration poses several
challenges. Security audits are crucial to ensure data protection during
transfers between networks and third-party integrations. Data
connectivity and mapping are essential for seamless integration of
legacy systems and on-premises solutions with cloud services. Predictive
modeling, AI-driven insights, automation, and predictive maintenance
help optimize processes and improve efficiency. Infrastructure
integration, application integration, consulting, and networking
solutions are key areas of focus for enterprises looking to streamline
operations. Cyberattacks and data breaches are major concerns,
necessitating robust security measures. Edge devices and data centers
require integration for optimal data processing capabilities. The market
also includes hardware, networking solutions, and digital
transformations in various industries like banking, CRM, eCommerce
platforms, and neo-banking services.
For more insights on driver and challenges - Request a sample report!
Segment Overview
This system integration services market in North America report extensively covers market segmentation by
1. Service Type
-- 1.1 Infrastructure integration services
-- 1.2 System integration consulting services
-- 1.3 ALM and application integration services
2. End-user
-- 2.1 BFSI
-- 2.2 Government
-- 2.3 Telecom
-- 2.4 Retail
-- 2.5 Others
3. Geography
-- 3.1 North America
1.1 Infrastructure integration services- The System Integration Services market in North America is experiencing significant growth. Companies are investing in integrating various systems to streamline operations and enhance efficiency. Integration services enable seamless data flow between different applications and platforms. This results in improved productivity, reduced costs, and better decision-making capabilities. Major industries such as healthcare, finance, and retail are actively adopting system integration services to remain competitive. The market is expected to continue growing due to the increasing adoption of cloud-based solutions and the need for business agility.
For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) - Download a Sample Report
Research Analysis
The System Integration Services Market in North America is experiencing significant growth due to the increasing adoption of digital transformations across various industries. The market is driven by the integration of AI, IoT, and cloud-based services into IT infrastructure. The sectors leading the charge include IT and telecom, defense and security, oil and gas, healthcare, transportation, retail, food and beverages, automotive, and banking. System integration plays a crucial role in connecting hardware, software, and network resources to facilitate seamless data flow and optimize business processes. New software applications and digital infrastructure solutions are being developed to support these integrations, particularly in the areas of AI and IoT technologies. Key industries like defense, marine systems, telecommunication, aviation, and manufacturing are investing heavily in system integration services to modernize their IT systems and enhance operational efficiency. System integrators are at the forefront of these efforts, providing expert services and solutions to help businesses navigate the complexities of digital transformations.
Market Research Overview
The System Integration Services Market in North America is experiencing significant growth due to the increasing adoption of digital transformation, cloud technologies, and IoT in various industries. System integration plays a crucial role in connecting different systems, applications, and data sources to enable seamless data flow and improve operational efficiency. Key sectors driving the market include IT and telecom, defense and security, oil and gas, healthcare, transportation, retail, food and beverages, automotive, and manufacturing. System integrators provide services such as data integration, data-driven insights, access controls, security audits, data connectivity, predictive modeling, and automation. Advancements in AI, edge computing, hardware, networking solutions, and data centers are also contributing to the market's growth. The integration of AI-driven insights, predictive maintenance, and infrastructure integration are becoming essential for enterprises to gain a competitive edge. However, the market faces challenges such as cyberattacks, data breaches, and third-party integrations. System integrators must ensure secure data transfer and provide robust security measures to mitigate these risks. The market is expected to continue growing due to the increasing use of cloud-based services, IoT technologies, and the need for expert IT infrastructure and technologically skilled personnel. The startup ecosystem and new software applications are also expected to drive innovation and growth in the market.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
-- Service Type
-- Infrastructure Integration Services
-- System Integration Consulting Services
-- ALM And Application Integration Services
-- End-user
-- BFSI
-- Government
-- Telecom
-- Retail
-- Others
-- Geography
-- North America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/north-americas-system-integration-services-market-to-grow-by-usd-46-billion-2024-2028-driven-by-need-for-enhanced-business-efficiency-and-ai-led-transformation---technavio-302235982.html
SOURCE Technavio
|
|
|
|
|
|
 |
This Week in Health News: 12 Stories You Need to See | Oct 4, 2024
|
|
This Week in Finance News: 12 Stories You Need to See | Oct 4, 2024
|
|
Study: SAS Viya is 4.6 times more productive than competing solutions | Oct 4, 2024
|
|
Interakt Partners with Odoo to Drive Digital Transformation | Oct 4, 2024
|
|
SEMI Consortium to Develop Cybersecurity Strategy and Roadmap for the Semiconductor Industry in NIST Framework | Oct 4, 2024
|
|
Application Modernization Services Market worth $39.62 billion by 2029- Exclusive Report by MarketsandMarkets(TM) | Oct 4, 2024
|
|
Zone & Co Launches ZoneBilling AI Assistant, Transforming Customer Self-Service with Intelligent Automation | Oct 4, 2024
|
|
LCPtracker Acquires VantagePoint Compliance, Expanding Product Line to Include Supplier Diversity Management | Oct 4, 2024
|
|
pgEdge Announces General Availability of pgEdge Cloud Enterprise Edition | Oct 4, 2024
|
|
CobbleStone Software Offers Rapattoni Corporation a Powerful Solution for Their Contract Management Needs | Oct 4, 2024
|
|
|
|
