September 13, 2021
As cited by the research report titled ‘Asia Pacific System Integration Market Forecast 2027 By Service, By End-Use, Research Report, Regional Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with Market Study Report, Asia Pacific system integration market is projected to reach a valuation of USD 150 billion by the year 2027.
Developing electronics sector in the countries of the region, coupled with favorable government policies are the primary factors driving Asia Pacific system integration market growth. Companies are shifting towards digitalization in order to maintain their stake, which is stimulating the industry outlook.
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Notably, large number of electronic gadgets are manufactured using advanced technologies like AI and robotics, and a lot of information is produced which needs to be kept safe. This data generation is augmenting the demand for system integration services like cloud and network integration.
However, the Covid-19 pandemic has hindered the market progression due to the lockdown measures, temporary shutdown of many electronic manufacturing plants, and supply chain disruptions.
Based on service, Asia Pacific system integration industry is segmented into infrastructure integration, application integration, and consulting. The infrastructure integration is further divided into building management system, integrated communication, network integration, and cloud integration. The application integration is classified into data integration, integrated security software, integrated social software, and others.
As cited in the report, building management system (BMS) segment is likely to witness an increased demand over the estimated timeline, owing to rapidly expanding construction sector. The BMS assists end-users in monitoring and controlling building's electrical systems like energy, fire alarms, security, lighting, and ventilation in an efficient manner.
Speaking of the end-user range, the marketplace is categorized into BFSI, IT & telecom, energy & utility, healthcare, manufacturing, retail, and others. Among these, IT & telecom industry segment is expected to showcase lucrative growth trends over 2021-2027, on account of increased investments by foreign companies to set up their IT infrastructure in the region, promoting the development of robust network system.
Likewise, healthcare industry segment is poised to expand at a strong growth rate over the forecast timeline, owing to rising demand for system integration solutions with adoption of digital technologies like telemedicine, teleconsulting, and video conferencing. In addition, large quantity of data is generated every day, which needs to be secured, leading to an augmented demand for robust system integration solutions.
Prominent players influencing APAC system integration industry dynamics are Oracle Corporation, International Business Machines Corporation, Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Company, HCL Technologies Ltd., Fujitsu Ltd., Deloitte Touche Tohmatsu Limited, Dell Technologies Inc., Cisco Systems Inc., Capgemini SE, AGC Networks Ltd., and Accenture plc.