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Read MoreEuropean System Integration Market size to cross $170 Bn by 2027
Published Date: 2021-06-14
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European System Integration Market size is estimated to reach USD 170 billion by 2027, according to a latest forecast report by Graphical Research.
The growing adoption of software defined networking computing in several countries including Germany, the UK, France, Italy, and Austria will support the market growth. Industries are implementing software defined networking tools to maintain their network connectivity with the integration of a software solution into their IT facilities. There is an increasing demand for network virtualization solutions that enable organizations to consolidate different virtual networks within a single physical network. The developed network infrastructure attributed to the robust IT & telecom sector, supports the adoption of software-defined computing and networking in the regions. This will boost the demand for system integration solutions.
The ongoing COVID-19 pandemic hampered the system integration industry growth in 2020 due to the stringent lockdown measures imposed in several countries in the region. The closure of the borders of several European countries hampered the international trade coupled with disruptions in supply chains. However, with the resumption of industrial activities following the relaxation in the lockdowns, the market will regain traction by the end of 2021. Increasing use of contactless payments during the pandemic will support the demand for system integration solutions from the BFSI sector.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1847/europe-system-integration-market
With the rapid adoption of cloud computing, there is an increasing demand for consulting services that enable the efficient & seamless migration from traditional infrastructure to cloud-based solutions. Consulting services help to optimize the cloud infrastructure, operations, and management to ensure maximum productivity. As increasing number of business adopt cloud-based technologies to streamline operations and execute strategies in a cost-effective and scalable manner, there will be a high demand for high-quality consulting services. There will also be an increasing demand for consulting services that enable the efficient integration of complicated software systems across a large organization.
Manufacturing industries are adopting automated & AI driven solutions for managing factory operations, generating huge amounts of data. There is a growing trend of IoT in the manufacturing sector, particularly across the automotive manufacturing industry. With the increasing adoption of connected devices among manufacturers, the demand for high-performance IT & network infrastructure solutions will escalate, propelling system integration industry growth. System integration services are crucial to the seamless consolidation of large amounts of data collected from different automated production processes.
The market for system integration in European 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:
Europe 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
- Others
- Consulting
Europe Market, By End-Use
- BFSI
- Energy & Utility
- Healthcare
- IT & Telecom
- Manufacturing
- Retail
- Others
The above information has been provided for the following countries:
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Poland
- Russia