The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.Read More
APAC System Integration Market revenue to reach $150 Bn by 2027
Published Date: 2021-06-14
Request a sample
APAC System Integration Market size is predicted to surpass USD 150 billion by 2027, according to a latest forecast report by Graphical Research.
The growing penetration of digitalization across the banking and financial industry will propel the demand for high-quality system integration services. With the growing penetration of digital payment techniques, there is a sharp rise in the demand for efficient data management solutions to store the mounting amounts of digital data. As banks and financial institutions increasingly adopt digital transformation by leveraging technologies, such as contactless payments and blockchain, system integration services will witness a high demand. As data security is extremely crucial for the banking industry to ensure customer privacy and prevent financial losses, there will be an increasing adoption of security integration services.
The ongoing COVID-19 pandemic hindered the system integration market growth in 2020 due to the lockdowns imposed in several countries in the region. Disruptions in supply chains resulted in the temporary downfall of the manufacturing sectors in several countries including India and South Korea. The temporary closure of industrial facilities hindered the R&D associated with system integration technology.
Browse detailed statistical insights from the report, “Asia Pacific 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 (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Thailand, Philippines), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
There is an increasing demand for building management systems (BMS) from the expanding construction sector. Government organizations are focusing on new infrastructure development projects to ensure economic development. Rapid urbanization has further propelled the demand for robust infrastructures over the recent years. BMS enables to monitor and control a building's electrical equipment such as lighting, energy, fire systems, ventilation, and security systems. As it comprises both hardware and software components, there is an increasing demand for BMS services from large infrastructures.
The expanding healthcare industry in the region adopting advanced digital solutions, such as video conferencing, telemedicine, and teleconsulting, will upsurge the demand for system integration services. The explosive growth in medical data is demanding the construction of robust IT infrastructures, supporting the market growth. The healthcare sector is transforming its legacy systems with modern technologies to enhance and improve the service offerings. With the increasing adoption of the modern healthcare equipment, the sector is shifting toward automated and computerized diagnosis techniques. This will upsurge the demand for system integration services that enable large hospitals to consolidate data across several departments.
The APAC system integration market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027 for the following segments:
Asia Pacific Market, By Service
- Infrastructure Integration
- Building Management System
- Integrated Communication
- Network Integration
- Cloud Integration
- Application Integration
- Application Life Cycle Management (ALM)
- Data Integration
- Integrated Security Software
- Integrated Social Software
Asia Pacific Market, By End-Use
- Energy & Utility
- IT & Telecom
The above information has been provided for the following countries:
- Asia Pacific
- South Korea