United States System Integration Market Outlook
According to a new report by Expert Market Research titled “Global United States System Integration Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the United States system integration market is projected to grow at a CAGR of 13.4% between 2023 and 2028. Aided by the rising need for integrated IT systems and the expanding applications of system integration in various sectors, the market is expected to grow significantly by 2028.
System integration is a process where various computing systems and software applications are linked functionally to act as a coordinated whole. It is commonly employed in industries such as telecommunications, healthcare, banking, and finance to facilitate the smooth exchange of information. Aside from improving operational efficiency, system integration also offers benefits such as reduced operating costs and enhanced customer service.
The growing preference for streamlined IT infrastructure is driving the United States system integration market growth. The ongoing digital transformation across various sectors is leading to an increased dependency on IT systems, necessitating their seamless integration for optimal performance. As a result, there’s a significant surge in demand for system integration services.
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Moreover, the rising trend of business process automation has further amplified the need for system integration. Companies across the United States are increasingly automating their operations to enhance productivity and reduce manual errors, fostering demand for system integration services. This process requires the integration of various software applications and computing systems, contributing to the United States system integration market expansion.
The expanding applications of system integration in different industries also play a significant role in driving the United States system integration market demand. In the healthcare sector, system integration is employed to consolidate disparate health IT systems, thereby improving patient care and administrative efficiency. The finance and banking industry utilizes system integration to ensure seamless transaction processing and customer data management.
Furthermore, the growing demand for cloud-based solutions is leading to an increased focus on system integration. As businesses increasingly shift their operations to the cloud, there’s a growing need for system integration services to ensure the seamless interaction of on-premise and cloud-based systems. This has opened new avenues for the expansion of the United States system integration market.
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United States System Integration Market Segmentation
The market can be divided based on services and end use.
Market Breakup by Services
- Infrastructure Integration
- Application Integration
- Consulting
Market Breakup by End Use
- Manufacturing
- IT and Telecom
- Defence and Security
- BFSI
- Energy and Utilities
- Healthcare
- Retail
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United States system integration companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Infosys Limited
- Cognizant Technology Solutions Corporation
- Deloitte Touche Tohmatsu Limited
- HCL Technologies Limited
- IBM Corporation
- Others
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