Service Integration and Management Market to record USD 1.39 Bn incremental growth -- Driven by the growing implementation of Software As A Service (SaaS)

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Sep 22, 2022, 02:15 ET

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The "Service Integration and Management Market by Application and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Global Service Integration and Management Market 2022-2026

The potential growth difference for the service integration and management market between 2021 and 2026 is USD 1.39 billion. To estimate the size of the market, Technavio has tracked the recent trends and developments in the specialized consumer services industry. Some of the factors considered to estimate the market size include GDP growth, urbanization rate, income levels, household income, per capita income, and others. Understand the scope of our full report. Download PDF Report Sample

Key Market Dynamics:

Market Driver
Market Challenges

The market is driven by the growing implementation of SaaS. SaaS reduces the need for having multiple software in manufacturing, thereby reducing the overall cost of software solutions. It also allows end-users to easily update the software without paying additional charges. With the increasing adoption of automation across industries, the need for SaaS solutions will increase during the forecast period. This is positively influencing the growth of the market in focus.

However, growing cybersecurity challenges will reduce the growth potential in the market. The high adoption of virtualization and containerization among enterprises is creating considerable challenges regarding data security. With the advent of containerization, some enterprises are aggressively deploying containerized applications without proper verification of possible security threats. This could create a way for a hacker to hack a container and subsequently hack the host system. Such security risks could restrict the growth of the market during the forecast period.

The service integration and management market report is segmented by Application (IT and telecom, BFSI, retail, manufacturing, and others) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa).

By application, the IT and telecom segment will have the largest share of the market. Similarly, by region, North America will be leading the market with 36% of the market share. Request Sample Report Here

Vendor Landscape

The global service integration and management market is fragmented due to the presence of several global and regional vendors. Global vendors have a strong foothold in the market due to the extensive range of their flagship services and continuous improvements in IT infrastructure services. They focus on innovation and technological advancements to remain competitive in the market in terms of brand, quality, and reliability. Besides, some vendors are considering new product launches and M&As as key strategies to remain competitive in the market. Technavio identifies the following as the dominant players in the market.

Atos SE
BAE Systems Plc
Capgemini Service SAS
CGI Inc.
Data Ductus
DXC Technology Co.
Fujitsu Ltd.
HCL Technologies Ltd.
Infosys Ltd
International Business Machines Corp.
Mindtree Ltd.
NTT DATA, Inc.
Oracle Corp.
Quint Holding B.V.
ServiceNow Inc.
Sofigate Group Oy
Sopra Steria Group SA
Tata Consultancy Services Ltd
TietoEVRY Corp.
Wipro Ltd

Related Reports:

Service Integration And Management Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.81%
Market growth 2022-2026	USD 1.39 billion
Market structure	Fragmented
YoY growth (%)	5.24
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 36%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Atos SE, BAE Systems Plc, Capgemini Service SAS, CGI Inc., Data Ductus, DXC Technology Co., Fujitsu Ltd., HCL Technologies Ltd., Infosys Ltd, International Business Machines Corp., Mindtree Ltd., NTT DATA, Inc., Oracle Corp., Quint Holding B.V., ServiceNow Inc., Sofigate Group Oy, Sopra Steria Group SA, Tata Consultancy Services Ltd, TietoEVRY Corp., and Wipro Ltd
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 IT and telecom - Market size and forecast 2021-2026

Exhibit 28: Chart on IT and telecom - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on IT and telecom - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on IT and telecom - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on IT and telecom - Year-over-year growth 2021-2026 (%)

5.4 BFSI - Market size and forecast 2021-2026

Exhibit 32: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on BFSI - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

5.5 Retail - Market size and forecast 2021-2026

Exhibit 36: Chart on Retail - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Retail - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Retail - Year-over-year growth 2021-2026 (%)

5.6 Manufacturing - Market size and forecast 2021-2026

Exhibit 40: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)

5.7 Others - Market size and forecast 2021-2026

Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by Application

Exhibit 48: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026

Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026

Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 95: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 97: Overview on factors of disruption

9.4 Industry risks

Exhibit 98: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 99: Vendors covered

10.2 Market positioning of vendors

Exhibit 100: Matrix on vendor position and classification

10.3 Atos SE

Exhibit 101: Atos SE - Overview
Exhibit 102: Atos SE - Business segments
Exhibit 103: Atos SE - Key news
Exhibit 104: Atos SE - Key offerings
Exhibit 105: Atos SE - Segment focus

10.4 Capgemini Service SAS

Exhibit 106: Capgemini Service SAS - Overview
Exhibit 107: Capgemini Service SAS - Business segments
Exhibit 108: Capgemini Service SAS - Key news
Exhibit 109: Capgemini Service SAS - Key offerings
Exhibit 110: Capgemini Service SAS - Segment focus

10.5 DXC Technology Co.

Exhibit 111: DXC Technology Co. - Overview
Exhibit 112: DXC Technology Co. - Business segments
Exhibit 113: DXC Technology Co. - Key news
Exhibit 114: DXC Technology Co. - Key offerings
Exhibit 115: DXC Technology Co. - Segment focus

10.6 Fujitsu Ltd.

Exhibit 116: Fujitsu Ltd. - Overview
Exhibit 117: Fujitsu Ltd. - Business segments
Exhibit 118: Fujitsu Ltd. - Key offerings
Exhibit 119: Fujitsu Ltd. - Segment focus

10.7 International Business Machines Corp.

Exhibit 120: International Business Machines Corp. - Overview
Exhibit 121: International Business Machines Corp. - Business segments
Exhibit 122: International Business Machines Corp. - Key offerings
Exhibit 123: International Business Machines Corp. - Segment focus

10.8 Mindtree Ltd.

Exhibit 124: Mindtree Ltd. - Overview
Exhibit 125: Mindtree Ltd. - Business segments
Exhibit 126: Mindtree Ltd. - Key offerings
Exhibit 127: Mindtree Ltd. - Segment focus

10.9 NTT DATA, Inc.

Exhibit 128: NTT DATA, Inc. - Overview
Exhibit 129: NTT DATA, Inc. - Business segments
Exhibit 130: NTT DATA, Inc. - Key offerings
Exhibit 131: NTT DATA, Inc. - Segment focus

10.10 Oracle Corp.

Exhibit 132: Oracle Corp. - Overview
Exhibit 133: Oracle Corp. - Business segments
Exhibit 134: Oracle Corp. - Key news
Exhibit 135: Oracle Corp. - Key offerings
Exhibit 136: Oracle Corp. - Segment focus

10.11 TietoEVRY Corp.

Exhibit 137: TietoEVRY Corp. - Overview
Exhibit 138: TietoEVRY Corp. - Business segments
Exhibit 139: TietoEVRY Corp. - Key offerings
Exhibit 140: TietoEVRY Corp. - Segment focus

10.12 Wipro Ltd

Exhibit 141: Wipro Ltd - Overview
Exhibit 142: Wipro Ltd - Business segments
Exhibit 143: Wipro Ltd - Key news
Exhibit 144: Wipro Ltd - Key offerings
Exhibit 145: Wipro Ltd - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 146: Inclusions checklist
Exhibit 147: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 148: Currency conversion rates for US$

11.4 Research methodology

Exhibit 149: Research methodology
Exhibit 150: Validation techniques employed for market sizing
Exhibit 151: Information sources

11.5 List of abbreviations

Exhibit 152: List of abbreviations

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