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North American System Integration Market revenue to hit $200 Bn by 2027
Published Date: 2021-06-14
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North American System Integration Market size is poised to cross USD 200 billion by 2027, according to a latest forecast report by Graphical Research.
The growing demand for security management systems to enhance employee comfort & safety and facilities will drive the market growth. The implementation of integrated software provides complete security solutions, ranging from intrusion management, access control to video surveillance. Market players are offering a range of integrated security suites to enable organizations to benefit from the seamless integration of their complete security systems. For instance, Honeywell International Inc. provides Pro-Watch integrated security suite that protects employees & property, optimizes productivity, and ensures compliance with industry regulations.
The COVID-19 pandemic has enforced enterprises to rely heavily on cloud computing for maintaining business continuity. According to a report by MariaDB, a database company, around 36% of enterprises in the U.S. stated that COVID-19 is accelerating their move to the cloud platform. Cloud computing provides more scalability and data storage capabilities that deliver seamless user experience across infrastructures. Rising migration toward the cloud has provided significant growth opportunities to market players, offering cloud integration services for the SaaS, PaaS, and IaaS delivery models.
Browse detailed statistical insights from the report, “North America System Integration Market Forecast 2027 By End-Use (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, Energy & Utility), 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), Research Report, Regional Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The presence of several leading IT enterprises including Microsoft Corporation, Oracle Corporation, Hewlett-Packard Company, and IBM Corporation in North America has positively influenced the market demand. These companies are adopting Application Lifecycle Management (ALM) to integrate different disciplines including testing, quality assurance, project management, development, IT service delivery, and customer support. The solution provides a standardized environment for collaboration and communication between software development, testing & operations teams in an IT organization.
Growing digitization in the BFSI sector is offering strong growth opportunities to the North America system integration industry. Customers are increasingly using digital banking services for better convenience and security. For instance, according to the Bank of America, 70% of its clients use digital services for their financial needs. As high-quality customer service is essential for banks and financial institutions to expand their client base and sustain the growing competition, they are adopting system integration services to digitize operations across different branches.
North America 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:
North America 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
North America Market, By End-Use
- Energy & Utility
- IT & Telecom
The above information has been provided for the following countries:
- North America