Building management services in system integration market is likely to experience increased penetration over the coming years, driven by the need among organizations to enhance the efficiency and productivity of hardware as well as software solutions. A notable uptick in outsourcing activities, particularly by enterprises based in the U.S. and Western Europe to regions known for low cost labor and raw materials such as India will further boost the adoption of these services by 2027.
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System integration market in Asia Pacific will experience substantial growth in the near future. Rapid growth in urbanization along with the development of the industrial and manufacturing sectors is fueling the demand for system integration services in the region. The regional demand will be further propelled by the rising number of small and medium size enterprises (SMEs), particularly in countries located in the south eastern part of Asia.
The global system integration market is expected to witness exponential growth in the next few years, driven by the increasing adoption of cloud computing solutions in both developed and developing countries. The different types of system integration services include application integration, infrastructure integration, and consulting services.
The North America system integration market, led by the U.S., is likely to record notable growth over the next several years. The regional growth can be associated with the rising penetration of advance technologies among enterprises. Emergence of new data center facilities and development of new cloud-based infrastructure across the region will positively impact the North America system integration market outlook.
This can be contributed to the increasing demand for efficient broadband and communication services across emerging economies. For instance, China had introduced a new five-year plan to offer interconnectivity to rural and underserved regions, creating a robust demand for system integration services.
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The system integration market, considering the end-user is segmented into IT & telecom, retail, manufacturing, healthcare, energy & utility, and BFSI. The adoption of system integration solutions across the IT & telecom sector is expected to gather momentum through 2027.
Meanwhile, the demand for consulting services is projected to increase considerably in the forthcoming years, as more and more businesses adopt these services to transform their business processes. Consulting services can help enterprises maximize the efficiency and productivity of these processes while identifying and minimizing unforeseen costs and additional overheads.
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