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Europe System Integration Market Forecast 2027 By Service (Infrastructure Integration [Building Management System (BMS), Integrated Communication, Network Integration, Cloud Integration], Application Integration [Application Lifecycle Management (ALM), Data Integration, Integrated Security Software, Integrated Social Software], Consulting), By End-Use (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, Energy & Utility), Research Report, Regional Outlook (UK, Germany, France, Italy, Spain, Benelux, Poland, Russia), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: June 2021 | Publisher: Graphical Research Report ID: GR1847 | Delivery : PDF  Request Free Sample

Europe System Integration Market size surpassed USD 100 billion in 2020 and is projected to witness over 9% growth between 2021 and 2027.

The developed automotive sector in the region adopting advanced digital technologies, such as AI, machine learning, IoT, and robotics, will support the Europe system integration market expansion. Automotive manufacturers are implementing robotic solutions in production facilities to automate the entire process and ensure high precision in the components manufactured. For instance, in April 2020, BMW AG signed a contract with KUKA AG to supply 5,000 robots for its new factories and production sites globally. Large amounts of digital data accumulated across different departments in a production facility can be consolidated with the help of a system integration platform.

Europe System Integration Market

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COVID-19 pandemic negatively impacted the system integration industry in 2020 due to the stringent lockdown measures imposed in several countries. There were disruptions in the supply chains due to the restrictions imposed on travel. The component manufacturers experienced delays in product shipments, in turn hampering the production capabilities of manufacturers.

Europe Market, By Service

Increasing penetration of digitalization across several industry verticals will boost the system integration market demand across Europe. There will be an increasing demand for application integration solutions in sectors with complex & large data landscape. Application integration solutions enable businesses to manage, maintain, and secure all the applications while reducing data redundancy and duplication. Developing a big data integration strategy enables organizations to realize the fast business outcomes and increase productivity in a data-driven world. The integration of AI and big data allows businesses to solve the complex challenges efficiently. Organizations are also adopting data integration solutions to consolidate all data in a single portal, in turn enabling precise data-driven decisions to maximize productivity.

Europe Market, By End-Use

The expanding BFSI sector in the region adopting several digital technologies such as contactless payments, mobile wallets, and smart cards will boost the demand for system integration solutions for data management. The BFSI sector is making large investments on data center facilities to manage the increasing amounts of data and is increasingly focusing on cloud solutions owing to the cost-effectiveness and agility provided by these solutions. This will upsurge the demand for cloud integration, network integration, and security integration solutions. As customer data privacy is of utmost importance to the BFSI sector, it is increasingly adopting security integration solutions to ensure data confidentiality.

Competitive Industry Landscape

Key companies in the Europe system integration market include Accenture PLC, Capgemini, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd. Hewlett Packard Enterprise Company, IBM Corporation, Oracle Corporation, HCL Technologies Ltd., and Deloitte.

Launching new innovative solutions forms a key strategy amongst market players. For instance, in October 2020, Nlyte Software Ltd. launched the Nlyte 11.5 to enable organizations to manage their computing infrastructure, from data centers to colocation facilities to public clouds and edge environments using a single system. Providing a single solution across all infrastructure gives organizations increased cost efficiency, improved transparency, and uptime.
 

Frequently Asked Question(FAQ) :

The industry size for system integration in Europe was valued at USD 100 billion in 2020 and will expand at more than 9% growth rate up to 2027.
The regional industry size from the application integration service segment could hit a significant CAGR through 2027 with growing demand for the solutions across the complex & large data verticals.
BFSI end-user segment will account for a significant market share in the coming years due to the increasing adoption of digital technologies, including contactless payments, mobile wallets, and smart cards.
Accenture PLC, Capgemini, Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company, Oracle Corporation, HCL Technologies Ltd., and Deloitte are some leading solution providers in the region.

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