As per Future Market Insights analysis, the global service integration and management market is estimated to reach a value of more than USD 16.4 Billion by the end of 2027 from an estimate of a bit above USD 6.7 Billion in 2017. It is expected to grow a high CAGR of 9.2% throughout the period of forecast, 2017 to 2027. The service integration and management market growth can be attributed to increasing deployment of IT and managed services.
Attributes | Details |
---|---|
Estimated Market Value (2017) | USD 6.7 Billion |
Projected Market Revenue (2027) | USD 16.4 Billion |
Value-based Market CAGR (2017 to 2027) | 9.2% |
Revenue from the market is also increasing due to adoption of new technologies such as big data analytics in order to improve performance and delivery of services on time. Increasing global ICT spending is expected to support the robust growth of the service integration and management market in the years to come.
Government and oil & gas segments in the industry category are anticipated to grow at the same pace in the coming years. Both these segments are expected to register a high CAGR of 11.8% throughout the period of assessment owing to increased adoption of service integration and management process in these industries. However, the government segment holds a high market share as of 2017 reflecting a higher market valuation and is likely to advance with this trend in the years to come.
By the end of 2027, the government segment is estimated to reach USD 2.5 Billion, a market value higher than that of the oil & gas and energy segment. Increasing investment on service integration & management solutions by governments of various countries has pushed the growth of the government segment in this market.
According to the analysis of the research report, the IT and telecom segment in the industry category has been enjoying a lion’s share since 2016. In 2017, this segment reflected a value of about USD 2.2 Billion and is projected to reach a valuation of more than USD 4 Billion by the end of the assessment period. This segment, however, shows a comparatively slow growth rate during the period of forecast. The higher revenue generation can be attributed towards the increasing digitalization in business processes worldwide.
Healthcare segment in the industry category is also catching steam and is poised to reflect a higher potential in the coming years. The healthcare segment is projected to grow at a robust CAGR of 10.9% throughout the period of assessment, 2017 to 2027 and is estimated to reach a value of about USD 2.8 Billion by the end of the forecasted year from a mere USD 990 Million in 2017. This tremendous growth in the healthcare industry segment has contributed to the overall growth of the global service integration and management market.
On the other hand, the BFSI industry segment is the second largest and is valued at USD 1.5 Billion in 2017. It is anticipated to reach a significant valuation by the end of 2027 owing to a high 8.6% CAGR during the forecast period.
Table 01: North America Service Integration & Management Market Value (US$ Mn), By IT Solution Type, 2012–2016
Table 02: North America Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 03: North America Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 04: North America Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 05: North America Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 06: North America Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 07: Western Europe Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 08: Western Europe Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 09: Western Europe Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 10: Western Europe Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 11: Western Europe Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 12: Western Europe Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 13: Eastern Europe Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 14: Eastern Europe Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 15: Eastern Europe Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2012–2016
Table 16: Eastern Europe Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 17: Eastern Europe Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 18: Eastern Europe Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 19: Latin America Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 20: Latin America Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 21: Latin America Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 22: Latin America Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 23: Latin America Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 24: Latin America Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 25: APEJ Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 26: APEJ Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 27: APEJ Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 28: APEJ Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 29: APEJ Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 30: APEJ Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 31: Japan Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 32: Japan Service Integration & Management Market Value (US$ Mn), By IT Solution, 2017–2027
Table 33: Japan Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 34: Japan Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 35: Japan Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 36: Japan Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Table 37: MEA Service Integration & Management Market Value (US$ Mn), By IT Solution, 2012–2016
Table 38: MEA Service Integration & Management Market Value (US$ Mn) Forecast, By IT Solution, 2017–2027
Table 39: MEA Service Integration & Management Market Value (US$ Mn), By Enterprise Type, 2012–2016
Table 40: MEA Service Integration & Management Market Value (US$ Mn) Forecast, By Enterprise Type, 2017–2027
Table 41: MEA Service Integration & Management Market Value (US$ Mn), By Industry, 2012–2016
Table 42: MEA Service Integration & Management Market Value (US$ Mn) Forecast, By Industry, 2017–2027
Figure 01 : Global Service Integration & Management Market Value (US$ Mn), 2017–2027
Figure 02 : Global Per Capita Income
Figure 03 : Global IT Service market ( In US$ Millions)
Figure 04 : Global Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 07 : U.S. Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 08 : U.S. Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 09 : Canada Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 10 : Canada Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 11 : North America Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 12 : North America Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 13 : North America Service Integration & Management Market Attractiveness Index, By Application, 2017–2027
Figure 14 : North America Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 15 : Germany Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 16 : Germany Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 17 : France Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 18 : France Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 19 : U.K. Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 20 : U.K. Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 21 : Spain Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 22 : Spain Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 23 : Italy Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 24 : Italy Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 25 : BENELUX Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 26 : BENELUX Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 27 : Nordic Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 28 : Nordic Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 29 : Rest of Western Europe Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 30 : Rest of Western Europe Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 31 : Western Europe Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 32 : Western Europe Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 33 : Western Europe Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 34 : Western Europe Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 35 : Russia Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 36 : Russia Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 37 : Poland Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 38 : Poland Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 39 : Rest of Eastern Europe Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 40 : Rest of Eastern Europe Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 41 : Eastern Europe Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 42 : Eastern Europe Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 43 : Eastern Europe Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 44 : Eastern Europe Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 45 : Brazil Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 46 : Brazil Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 47 : Mexico Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 48 : Mexico Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 49 : Rest of Latin America Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 50 : Rest of Latin America Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 51 : Latin America Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 52 : Latin America Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 53 : Latin America Service Integration & Management Market Attractiveness Index, By Application, 2017–2027
Figure 54 : Latin America Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 55 : China Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 56 : China Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 57 : India Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 58 : India Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 59 : Australia & New Zealand Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 60 : Australia & New Zealand Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 61 : ASEAN Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 62 : ASEAN Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 63 : Rest of APEJ Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 64 : Rest of APEJ Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 65 : APEJ Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 66 : APEJ Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 67 : APEJ Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 68 : APEJ Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 69 : Japan Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 70 : Japan Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 71 : Japan Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 72 : Japan Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 73 : Japan Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 74 : GCC Countries Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 75 : GCC Countries Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 76 : Turkey Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 77 : Turkey Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 78 : North Africa Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 79 : North Africa Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 80 : South Africa Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 81 : South Africa Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 82 : Rest of MEA Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 83 : Rest of MEA Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 84 : MEA Service Integration & Management Market Attractiveness Index, By Country, 2017–2027
Figure 85 : MEA Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 86 : MEA Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 87 : MEA Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
Figure 88 : North America Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 89 : North America Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 90 : Western Europe Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 91 : Western Europe Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 92 : Eastern Europe Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 93 : Eastern Europe Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 94 : Latin America Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 95 : Latin America Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 96 : APEJ Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 97 : APEJ Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 98 : Japan Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 99 :Japan Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 100 : MEA Service Integration & Management Market Value (US$ Mn), 2012–2016
Figure 101 : MEA Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027
Figure 102 : Global Service Integration & Management Market Attractiveness Index, By Region, 2017–2027
Figure 103 : Global Service Integration & Management Market Value (US$ Mn), By IT Infrastructure Management Segment, 2012–2016
Figure 104 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By IT Infrastructure Management Segment, 2017–2027
Figure 105 : Global Service Integration & Management Market Value (US$ Mn), By Network Management Segment, 2012–2016
Figure 106 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Network Management Segment, 2017–2027
Figure 107 : Global Service Integration & Management Market Value (US$ Mn), By Compliance & Risk Management Segment, 2012–2016
Figure 108 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Compliance & Risk Management Segment, 2017–2027
Figure 109 : Global Service Integration & Management Market Value (US$ Mn), By Others Segment, 2012–2016
Figure 110 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Others Segment, 2017–2027
Figure 111 : Global Service Integration & Management Market Attractiveness Index, By IT Solution, 2017–2027
Figure 112 : Global Service Integration & Management Market Value (US$ Mn), By Small & Medium Enterprise Segment, 2012–2016
Figure 113 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Small & Medium Enterprise Segment, 2017–2027
Figure 114 : Global Service Integration & Management Market Value (US$ Mn), By Large Enterprise, 2012–2016
Figure 115 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Large Enterprise Segment, 2017–2027
Figure 116 : Global Service Integration & Management Market Attractiveness Index, By Enterprise Type, 2017–2027
Figure 117 : Global Service Integration & Management Market Value (US$ Mn), By IT & Telecom Segment, 2012–2016
Figure 118 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, by IT & Telecom Segment, 2017–2027
Figure 119 : Global Service Integration & Management Market Value (US$ Mn), By BFSI Segment, 2012–2016
Figure 120 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By BFSI Segment, 2017–2027
Figure 121 : Global Service Integration & Management Market Value (US$ Mn), By Government Segment, 2012–2016
Figure 122 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Government Segment, 2017–2027
Figure 123 : Global Service Integration & Management Market Value (US$ Mn), By Healthcare Segment, 2012–2016
Figure 124 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Healthcare Segment, 2017–2027
Figure 125 : Global Service Integration & Management Market Value (US$ Mn), By Oil & Gas and Energy Segment, 2012–2016
Figure 126 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Oil & Gas and Energy Segment, 2017–2027
Figure 127 : Global Service Integration & Management Market Historical Value (US$ Mn), By Others Segment, 2012–2016
Figure 128 : Global Service Integration & Management Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Others Segment, 2017–2027
Figure 129 : Global Service Integration & Management Market Attractiveness Index, By Industry, 2017–2027
The service integration and management market are predicted to grow at 9.3% CAGR through 2032.
Sales of service integration and management are likely to exceed a valuation of USD 26 Billion by 2032.
The adoption of service integration and management is likely to reach a valuation of USD 11 Billion in 2022.
North America is the key contributor to the service integration and management market.
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