System Integration Market Size

System Integration Market Size

System Integration Market size worth around USD 330 billion in 2020 and is set to grow at 8.5% CAGR between 2021 and 2027. Rapid centralization and digitization of business processes to streamline all operations into a single platform are expected to drive industry growth.

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The advent of cloud computing and automation has driven the adoption of system integration among enterprises to improve efficiency of existing systems and reduce operational costs of managing every single system individually. System integration connects multiple systems in a centralized platform for easy availability of data in real-time, improving decision making process. Enterprises located across the globe use system integration to reduce business complexity through virtualization. It further increases efficiency, flexibility, and utilization of computer hardware such as server, storage, and networking.

The coronavirus (COVID-19) pandemic has slightly declined the system integration market demand owing to closure of infrastructure construction. However, the resumption of system integration process across regions in the second and third quarter of 2020 resulted in a gradual increase in the market demand. Residential buildings have adopted system integration to ease remote working and e-learning processes. Application integration has maintained its demand as the system integration process was completed through cloud computing and remote access software.