System Integrator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030
System Integrator Market: Overview
System integrators are organizations who have expertise with integrating component subsystems into a whole and ensuring the overall functionality meet the required expectations. They are usually IT enterprises and automation providers whose some of the main functions include implementation, planning, coordinating, scheduling, and testing. The trend of ensuring seamless industrial automation through IT application software and infrastructure is one of the key functions of system integrators market.
Some of the prominent demands for system integrators come from the BFSI, healthcare, retail, manufacturing, energy, and utility. A diverse range of technologies by be used by system integrators to fulfil their objectives. These include supervisory control and data acquisition (SCADA), distributed control system (DCS), manufacturing execution system (MES), human-machine interface (HMI), advanced process control (APC), operator training simulator (OTS), and product lifecycle management (PLM).
System Integrator Market: Key Trends
Strides made by cloud computing technologies are notably accelerating the demand for and uptake of system integrators in various end-use industries. The growing concerns of effectiveness of automation in industries through IIoT platforms have also boosted the business propositions for system integrators. A substantial revenue streams have come from the automation in manufacturing industries world over. Growing popularity of robotic process automation is an accelerant for new avenues in the system integrators market.
Various asset-intensive industries, guidelines and regulations are comprehensive for the adoption of automation. This has brought the role of system integrators to the forefront. A case in point is the oil and gas industry. Rise in demand for automation in process automation is a key trend in the system integrator market. Proliferating demand for sensors and actuators is a key driver for prospects.
The vast scale of digitalization in the industry has gathered a large momentum from the disruptions that Covid-19 pandemic has caused to the usual business channels. This also is a vast potential avenue for various system integrators.
System Integrator Market: Competitive Dynamics and Key Developments
A growing number of companies are keen on aiming at system interoperability. Numerous new entrants are looking for tapping into new revenue streams by meeting the demand for smart devices. A case in point is the rising stakes of system integrators in emerging economies of Asia Pacific where smart city infrastructures have taken in a big way. To this end, they are also getting into partnerships and are exercising directional strategies to consolidate their shares in the system integrator market. They are expected to benefit from efforts made by regulators and national policy makers on attaining standardization of communication protocols.
A case in point is Hungarian IT service company CNW System Integrator Co. joining the Moodle Certified Partner network.
Some of the companies aspiring to exercise dominance over the forces of demand and supply in the system integrators market are:
System Integrator Market: Regional Assessment
On the regional front, system integrator market has witnessed substantial and steady revenue of streams in North America. The region is home to some of the globally prominent players who boast of stronghold in the market. Extensive strides in industrial automation has fueled prospective demand for system integrators. Another promising regional market is Asia Pacific, given the strides that the industrial IoT has made over the past decade.
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