5G System Integration Market, By Services Type (Consulting, Application Integration, Infrastructure Integration), By Region – Global Analysis Forecast Till 2030

The Global 5G system integration market was valued at USD 8.5 billion in 2021 and is expected to reach USD 38.95 billion by 2030, at a CAGR of 24.10% during the forecast period of 2022-2030.

5G system integration is the process of integrating new, upgraded systems or applications with any company's virtual and physical components to operate over the new 5G network. To improve overall operational efficiency and lower overall process costs, businesses have been able to construct improved network infrastructure thanks to the increased demand for high-speed bandwidth capacity. Therefore, the need for 5G system integration services is predicted to increase due to the widespread deployment of updated network infrastructure across organizations to give improved services to their consumers.

To support the fourth industrial revolution, major global manufacturers are looking for ways to accelerate their processes (Industry 4.0). Manufacturing facilities may now take a significant step towards intelligent, data-driven, flexible operations thanks to technologies like big data analytics, industrial wireless cameras, and collaborative robots.

Market Dynamics

Drivers:

Other manufacturers have also created and applied the technologies above to compete in a highly competitive climate. Therefore, manufacturers must link them with next-generation networks to enable unified communication to these 5G technologies, which also helps save operational expenses by delivering continuous connectivity and remote monitoring. Thus, it is predicted that demand for 5G system integration services would increase during the projection period due to the robust implementation of the industrial internet of things (IIoT) and the rising demand for 5G services to provide unified connectivity.

Restraints:

Additionally, through an Application Program Interface, SDN enables these businesses to govern their network activities (API) utilization effectively. To reduce overall network infrastructure costs, NFV and SDN technology adoption is expected to happen quickly, fueling the market growth. But as the amount of data being stored in the cloud proliferates, and there is a greater need for cloud-based application integration, customers are becoming more and more concerned about security, which could eventually slow the growth of the 5G system integration market.

Opportunity:

• With the development of fifth-generation mobile network services, numerous businesses worldwide are aggressively concentrating on integrating their legacy network infrastructure with the incoming 5G technologies. Many companies merge their current on-premise apps and cloud networks with cutting-edge 5G technologies to operate smoothly over a centralized network. By lowering the overall response time to consumers, this integration method enables businesses to utilize high bandwidth capacity with low latency for their operations. The 5G System Integration Market is thus anticipated to be driven by a sharp increase in demand for fast broadband to shorten response times overall.

Key players:

• Capgemini

• Accenture

• IBM  Corporation

• Infosys Limited

• Jitterbit Inc.,

• Magic Software Enterprises

• HCL Technologies Limited

• Wipro

• Johnson Controls.

• Cognizant

• Tata Consultancy Services Limited

• John Wood Group PLC

• ATS Automation Tooling Systems Inc.,

• Avanceon 

• JR Automation

• Tesco Controls, Inc.

• Burrow Global LLC

• Prime Controls LP

• MAVERICK Technologies LLC

• BW Design Group

• And Others

Market Segmentation:

By Service   

• Consulting

• Infrastructure Integration

• Application Integration

Application

• Collaborate Robot

• Industrial Sensors

• Logistics & Inventory Monitoring

• Wireless Industry Camera 

• Home and Office Broadband

• Gaming and Mobile Media

• Remote Patient & Diagnosis Management

• Intelligent Power Distribution Systems

• P2P Transfers

• Others

Industry Vertical

• Banking Financial Services and Insurance (BFSI)

• Healthcare

• IT and Telecommunication

• Retail

• Manufacturing

• Energy & Utilities

• Media & Entertainment

• Others

By Geography

• • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • U.K

    • Rest of Europe

  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of Asia Pacific

  • ROW

    • Middle East & Africa

    • Latin America

Regional Analysis:

With a 34.6% share of the global 5G System Integration market in 2021, North America was the 5G System Integration market leader. Extensive IT and telecom players like IBM Corporation, Microsoft Corporation, and Cisco Systems, Inc. are present, which is responsible for this. Additionally, increasing investments in 5G infrastructure deployment by significant 5G System Integration market players like AT&T Inc. and Verizon Communications Inc. are anticipated to intensify the need for integration of overall infrastructure and applications across numerous verticals, including IT and telecom, energy, and utilities, and healthcare, to support 5G NR frequency bands. Therefore, this element is projected to accelerate the overall expansion of the local 5G System Integration Market.

The region with the fastest CAGR during the predicted period is Asia Pacific, at 28.8%. Significant investments are being made in constructing fifth-generation networks in China, Japan, and South Korea by well-known telecom companies like China Mobile, China Telecom, KT Corporation, and SK Telecom. Most of these investments are expected to concentrate on putting next-generation infrastructure across various industrial sectors, including manufacturing, energy and utilities, healthcare, media and entertainment, and transportation.

Scope of the Report:

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