The “Global Service Integration & Market Management (2021-2026) by Component, Solution, Business solution, Technology solution, Service, Organization, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report was added to ResearchAndMarkets.com’s alay.
The Global Service Integration & Management Market is estimated at $ 4.31 billion in 2021 and is expected to reach $ 6.24 billion in 2026, growing at a CAGR of 7.69%.
The factors driving the market are the increasing use of new technologies such as big data analytics to improve performance and service delivery on time. Increasing demand in the supply network and increasing outsourcing of service integration are factors driving service integration in the market and market management. Rising investment from manufacturers in R&D activities to promote innovative products and growing demand for automation in business processes are further driving market growth.
Market opportunities are increasing global ICT spending to support the robust growth of the service integration and management market. Increasing service quality leading to process efficiency is an opportunity – growing demand or aligning management with strategic initiatives in this market. Soon the market may face factors that may hamper the market such as, as a lack of skills and expertise and a lack of consistent level of service and regulatory compliance for the implementation of SIAM solutions .
Market Segmentation
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The Global Service Integration & Management Market is segmented based on Component, Solution, Business solution, Technology solution, Service, Organization, Vertical, and Geography.
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According to Component Type, the market is classified as Solutions and Services.
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According to the Type of Structure, the market is classified as External service Integrator, Hybrid service Integrator, Internal service Integrator, and Lead Supplier Service Integrator.
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According to Solution Type, the market is classified as Business Solutions and Technology Solutions.
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According to the Type of Business Solution, the market is classified as Contract management, Management, risk and control, Procurement, Auditing, and Invoicing.
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By Technology Solution Type, the market is classified as Applications, Infrastructure, Training, and support.
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According to the Type of Service, the market is classified as Assessment & Advisory, Consulting & Implementation, Integration and Automation.
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According to the Type of Organization Size, the market is classified as Small and Medium size Enterprise and Large Enterprise.
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By Vertical, the market is classified as IT and Telecommunications, Banking, financial services and insurance, Retail, Labor, Energy and Utilities, Transportation and Logistics, Others (healthcare and Government).
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By Geography, America is expected to lead the market.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses different factors for categorizing players into four categories. Some of these factors considered for the analysis are financial performance over the past 3 years, growth strategies, change score, new product launches, investment, market share growth, etc.
Report highlights:
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The report offers a comprehensive analysis of the Global Service Integration & Management Market. The report includes in-depth qualitative analysis, verifiable data from real sources, and projections about market size. Projections are calculated using proven research methods.
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The report is compiled through extensive primary and secondary research. Basic research is done through interviews, surveys, and observations of prominent industry personnel.
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The report includes in -depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
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The report also contains a competitive analysis using a Competitive Quadrant, the analyst’s proprietary competitive positioning tool.
Company Profiles
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IBM
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Capgemini
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HCL Technologies
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DXC technology
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Atos
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TCS
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Wipro
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Accenture
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Fujitsu
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Mindtree
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Oracle
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NTT DATA
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Quint Wellington Redwood
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Service Today
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CGI
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Cherwell
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BAE Systems
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Infosys
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Small Fish
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Keysource
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Italy
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4 me
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Data Ductus
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Sofigate
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Sopra Steria
For more information about this report visit https://www.researchandmarkets.com/r/l86yig
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Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20220307005424/en/