Market Research Of Global System Integration Market By Knowledge Sourcing Intelligence
INTRODUCTION The global system integration market was valued at US$302.210 billion in 2017 and is projected to expand at a CAGR of 8.04% over the forecast period to reach US$480.620 billion by 2023. System Integration is the process of integrating all the physical and virtual components of an organization’s system. It is used to add value to an organization’s system through new functionalities provided by connecting functions of different systems. Increasing pressure on organizations to improve customer experiences, align to tech trends faster, and meet regulatory standards are compelling them to move to system integration so as to streamline their services for the customers. Increased focus of companies on reducing their operating cost is driving the demand for system integration. Companies across industries such as ICT, retail, government, and others, are increasingly adopting advanced technologies such as big data, cloud, Internet of Things (IoT) from multiple vendors which