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    System Integrator Market To Hit A Remarkable Value Of USD 986.01 Bn By 2030

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    Increasing demand for automation to increase productivity and adoption of cloud computing technology drive market growth

    System Integrator Market Overview

    The System Integrator Market, evaluated at USD 373.80 billion in 2022, is projected to reach USD 986.01 billion by 2030, experiencing a substantial CAGR of 12.89% from 2023 to 2030, as per the latest report from SNS Insider. This impressive growth is primarily fueled by the increasing demand for automation, the widespread adoption of cloud computing technology, and the integration of predictive maintenance systems across industries.

    A systems integrator plays a pivotal role in constructing computing systems by combining hardware, software, networking, and storage products from various vendors. Unlike costly customized implementations, the emphasis lies on utilizing preconfigured, cost-effective components and off-the-shelf software to meet key business objectives.

    Get a Sample Report of System Integrator Market @ https://www.snsinsider.com/sample-request/2579

    Major Key Players Included in the Report are:

    • John Wood Group
    • ATS Automation
    • Avanceon Limited
    • JR Automation
    • Tesco Controls
    • Burrow Global
    • Prime Controls LP
    • MAVERICK Technologies
    • Barry-Wehmiller
    • INTECH Process
    • Others

    System Integrator Market Dynamics and Growth Factors

    Several factors are propelling the System Integrator Market’s expansion. The surge in Internet of Things (IoT) utilization, advancements in cloud technologies, and investments in distributed information systems are among the primary drivers. Additionally, the COVID-19 pandemic highlighted business model vulnerabilities across verticals, creating opportunities for digitization and technological adoption such as cloud services, Artificial Intelligence (AI), and IoT, especially in sectors like chemicals, petrochemicals, energy, and power, as well as security and safety. This growth parallels increased demand for infrastructure integration (34% market share), driven by the need for resilient IT infrastructure. The BFSI sector (18% market share) fuels market expansion with its focus on digital banking solutions.

    Market Segmentation Analysis

    Within the market segments, infrastructure integration stands out, holding over 34% market share. The need for resilient, secure, and cost-effective unified IT infrastructure solutions, coupled with the constantly evolving business environment, is driving the demand for infrastructure integration.

    In terms of end-use, the Banking, Financial Services, and Insurance (BFSI) sector dominates with over 18% market share. The sector’s rapid evolution, including the rise of fintech startups, neo-banking services, and governmental focus on digital economies, is fueling the demand for system integration to enhance banking operations and services.

    Market Segmentation and Sub-Segmentation Included Are:

    On The Basis of Services

    • Infrastructure Integration
    • Application Integration
    • Consulting

    On The Basis of End-use

    • IT & Telecom
    • Defense & Security
    • BFSI
    • Oil & Gas
    • Healthcare
    • Transportation
    • Retail
    • Others

    Key Regional Developments in the System Integrator Market

    North America leads the System Integrator Market, commanding a share of over 32%. This dominance stems from the region’s heavy utilization of IoT in industrial automation, widespread adoption of cloud-based services among large organizations, and the BFSI sector’s inclination towards modern technology. The migration of organizations towards digital services, notably in the banking sector, drives the demand for system integration services in the region.

    Key Takeaways from the System Integrator Market Report

    • Increasing automation demands drive market growth.
    • BFSI sector emerges as a prominent end-user for system integration.
    • North America leads due to IoT utilization and digital service adoption.

    Recent Developments

    • In January 2022, the list of certified system integrations for Mobile Industrial Robots (MiR) expanded to include Proud Automation in North America, enhancing the region’s capabilities in autonomous mobile robots.
    • The Canadian state of Newfoundland and Labrador awarded Wood funds to bolster the offshore oil and gas industry, focusing on local autonomous robotic inspection systems, aiming for industry rebound and job creation.

    Table of Contents – Major Key Points

    1. Introduction
    2. Research Methodology
    3. Market Dynamics
    4. Impact Analysis
      • COVID-19 Impact Analysis
      • Impact of Ukraine- Russia war
      • Impact of ongoing Recession on Major Economies
    5. Value Chain Analysis
    6. Porter’s 5 Forces Model
    7. PEST Analysis
    8. System Integrator Market Segmentation, by Services
    9. System Integrator market, by End-use
    10. Regional Analysis
    11. Company Profiles
    12. Competitive Landscape
    13. Conclusion

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