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Recent trends in the system integration market are driven by an increase in the accordance of contracts by governments to key market participants. Citing an instance, in February 2021, Fincantieri Marinette Marine awarded a contract to L3Harris Technologies for the production and shipboard integration of major subsystems onboard the guided-missile frigate FFG 62 of the U.S. Navy.
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System Integration Market: Worldwide Analysis, Opportunities and Forecast To 2026
Industry Insights: • Recent trends in the system integration market are driven by an increase in the accordance of contracts by governments to key market participants. Citing an instance, in February 2021, Fincantieri Marinette Marine awarded a contract to L3Harris Technologies for the production and shipboard integration of major subsystems onboard the guided-missile frigate FFG 62 of the U.S. Navy. • While L3Harris is set to back the Navy’s plans for the development of at least 10 ships, the value of this endeavor is estimated to be more than $300 million, provided all design, production, and development options are awarded to the company. Such advancements are slated to boost the demand for various system integration services, driving the business landscape over the forthcoming years.
This rise is prominently attributed to an increase in the demand for application integration as it allows systems and applications that have been developed separately to function together, resulting in new capabilities that improve efficiency and workflow as well as bring about a reduction in the cost of operation. The deployment of system integration services help in bridging the gap between the existing on-premises systems and rapidly-evolving cloud-based enterprise applications. • Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1819 • The MEA system integration market is poised to depict lucrative growth through 2027 on account of the flourishing IT & telecom sector in the region. Several service providers are expanding their IT facilities owing to an upsurge in the demand for cloud computing. In addition, numerous telecom operators in the region are engaged in the construction of large-scale facilities for the purpose of enhancing the rate of data transmission.
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/system-integration-market Chapter 6 System Integration Market, By End-Use 6.1 Key trends, by end-use 6.2 BFSI 6.2.1 Market estimates and forecast, 2017 - 2027 6.3 Energy & utility 6.3.1 Market estimates and forecast, 2017 - 2027 6.4 Healthcare 6.4.1 Market estimates and forecast, 2017 - 2027
6.5 IT & telecom 6.5.1 Market estimates and forecast, 2017 - 2027 6.6 Manufacturing 6.6.1 Market estimates and forecast, 2017 - 2027 6.7 Retail 6.7.1 Market estimates and forecast, 2017 - 2027 6.8 Others 6.8.1 Market estimates and forecast, 2017 - 2027
Region: • The MEA system integration industry is poised to depict lucrative growth through 2027 on account of the flourishing IT & telecom sector in the region. Several service providers are expanding their IT facilities owing to an upsurge in the demand for cloud computing. In addition, numerous telecom operators in the region are engaged in the construction of large-scale facilities for the purpose of enhancing the rate of data transmission.
Key Players • IBM Corporation • Infosys Limited • MuleSoft Inc. • NTT DATA Corporation • Oracle Corporation • Tech Mahindra • Trigent Software • Unisys Corporation
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