System Integrators
Global System Integration Market to Reach $600.2 Billion by 2027
In the changed post COVID-19 business landscape, the global market for System Integration estimated at US$280.8 Billion in the year 2020, is projected to reach a revised size of US$600.2 Billion by 2027, growing at a CAGR of 11.5% over the analysis period 2020-2027. Infrastructure Integration, one of the segments analyzed in the report, is projected to record a 11.3% CAGR and reach US$216.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consulting segment is readjusted to a revised 10.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $77.2 Billion, While China is Forecast to Grow at 15.4% CAGR
The System Integration market in the U.S. is estimated at US$77.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$124.4 Billion by the year 2027 trailing a CAGR of 15.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 9.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$84.4 Billion by the year 2027.
Application Integration Segment to Record 12.9% CAGR
In the global Application Integration segment, USA, Canada, Japan, China and Europe will drive the 12.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$60.9 Billion in the year 2020 will reach a projected size of US$136 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 14.1% CAGR through the analysis period.
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