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North America’s System Integration Services Market to Grow by USD 46 Billion (2024-2028), Driven by Need for Enhanced Business Efficiency and AI-led Transformation – Technavio

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NEW YORK, Sept. 2, 2024 /PRNewswire/ — Report with the AI impact on market trends- The system integration services market size in North America is estimated to grow by USD 46 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.5% during the forecast period. Need for enhanced business process efficiency is driving market growth, with a trend towards increased adoption of cloud-based integration solutions. However, interoperability concerns poses a challenge. Key market players include Accenture Plc, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., CMS IT Services, Deloitte Touche Tohmatsu Ltd., DICEUS., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., NEC Corp., Oracle Corp., Salesforce Inc., Scopic Inc., Simform, Systems Integration Inc., and Zendesk Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

System Integration Services Market In North America Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.5%

Market growth 2024-2028

USD 46 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.36

Regional analysis

North America

Performing market contribution

North America at 100%

Key countries

US, Canada, and Mexico

Key companies profiled

Accenture Plc, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., CMS IT Services, Deloitte Touche Tohmatsu Ltd., DICEUS., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., NEC Corp., Oracle Corp., Salesforce Inc., Scopic Inc., Simform, Systems Integration Inc., and Zendesk Inc.

Market Driver

The System Integration Services market in North America is experiencing significant growth due to increasing adoption of automation and digital transformation initiatives by businesses. Companies are investing in system integration services to connect various applications and systems, improve data flow, and enhance operational efficiency. Additionally, the rise of cloud computing and the need for seamless integration with cloud platforms are driving market demand. Overall, the market is expected to continue expanding in the coming years.

The System Integration Services Market in North America is experiencing significant growth due to various trends. Payment systems integration is a key focus area as businesses adopt digital payments. The startup ecosystem is thriving, driving demand for IT services from engineering services providers. Cloud technologies, including Google Cloud, are transforming the industry, enabling data integration and data-driven insights. Internet penetration and 5G mobile networks are expanding, fueling the need for network integration services in telecommunication, aviation, banking, and other sectors. Technologically skilled personnel are in high demand for implementing fiber networks and SD-WAN solutions. Defense, marine systems, and industrial automation are also major markets. Generative AI and MDS System Integration are revolutionizing digital infrastructure solutions. Smart city projects, fintech startups, and various industries from retail to healthcare to transportation are investing in system integrators for access controls and IoT integration.

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Market Challenges

The System Integration Services market in North America is experiencing steady growth. Companies are investing in integrating various business systems to streamline operations and enhance efficiency. Integration services enable seamless data flow between applications and platforms, improving overall business performance. Major industries such as healthcare, finance, and retail are actively adopting system integration solutions to gain a competitive edge. Market leaders provide services including custom integration, pre-built connectors, and managed services to cater to diverse client needs.The North American System Integration Services Market is experiencing significant growth due to the increasing demand for digital transformations in enterprises. Companies are integrating new software applications, cloud-based services, IoT technologies, and edge computing into their IT infrastructure. However, system integration poses several challenges. Security audits are crucial to ensure data protection during transfers between networks and third-party integrations. Data connectivity and mapping are essential for seamless integration of legacy systems and on-premises solutions with cloud services. Predictive modeling, AI-driven insights, automation, and predictive maintenance help optimize processes and improve efficiency. Infrastructure integration, application integration, consulting, and networking solutions are key areas of focus for enterprises looking to streamline operations. Cyberattacks and data breaches are major concerns, necessitating robust security measures. Edge devices and data centers require integration for optimal data processing capabilities. The market also includes hardware, networking solutions, and digital transformations in various industries like banking, CRM, eCommerce platforms, and neo-banking services.

For more insights on driver and challenges – Request a sample report!

Segment Overview

This system integration services market in North America report extensively covers market segmentation by

Service Type1.1 Infrastructure integration services1.2 System integration consulting services1.3 ALM and application integration servicesEnd-user2.1 BFSI2.2 Government2.3 Telecom2.4 Retail2.5 OthersGeography3.1 North America

1.1 Infrastructure integration services- The System Integration Services market in North America is experiencing significant growth. Companies are investing in integrating various systems to streamline operations and enhance efficiency. Integration services enable seamless data flow between different applications and platforms. This results in improved productivity, reduced costs, and better decision-making capabilities. Major industries such as healthcare, finance, and retail are actively adopting system integration services to remain competitive. The market is expected to continue growing due to the increasing adoption of cloud-based solutions and the need for business agility.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The System Integration Services Market in North America is experiencing significant growth due to the increasing adoption of digital transformations across various industries. The market is driven by the integration of AI, IoT, and cloud-based services into IT infrastructure. The sectors leading the charge include IT and telecom, defense and security, oil and gas, healthcare, transportation, retail, food and beverages, automotive, and banking. System integration plays a crucial role in connecting hardware, software, and network resources to facilitate seamless data flow and optimize business processes. New software applications and digital infrastructure solutions are being developed to support these integrations, particularly in the areas of AI and IoT technologies. Key industries like defense, marine systems, telecommunication, aviation, and manufacturing are investing heavily in system integration services to modernize their IT systems and enhance operational efficiency. System integrators are at the forefront of these efforts, providing expert services and solutions to help businesses navigate the complexities of digital transformations.

Market Research Overview

The System Integration Services Market in North America is experiencing significant growth due to the increasing adoption of digital transformation, cloud technologies, and IoT in various industries. System integration plays a crucial role in connecting different systems, applications, and data sources to enable seamless data flow and improve operational efficiency. Key sectors driving the market include IT and telecom, defense and security, oil and gas, healthcare, transportation, retail, food and beverages, automotive, and manufacturing. System integrators provide services such as data integration, data-driven insights, access controls, security audits, data connectivity, predictive modeling, and automation. Advancements in AI, edge computing, hardware, networking solutions, and data centers are also contributing to the market’s growth. The integration of AI-driven insights, predictive maintenance, and infrastructure integration are becoming essential for enterprises to gain a competitive edge. However, the market faces challenges such as cyberattacks, data breaches, and third-party integrations. System integrators must ensure secure data transfer and provide robust security measures to mitigate these risks. The market is expected to continue growing due to the increasing use of cloud-based services, IoT technologies, and the need for expert IT infrastructure and technologically skilled personnel. The startup ecosystem and new software applications are also expected to drive innovation and growth in the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Service TypeInfrastructure Integration ServicesSystem Integration Consulting ServicesALM And Application Integration ServicesEnd-userBFSIGovernmentTelecomRetailOthersGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bruce Lee, LeBron James, and Global Icons Highlight Julien’s Auctions “Legends in Motion” Exhibition in Hong Kong

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Exhibition Features Memorabilia from BTS, Kobe Bryant, Taylor Swift, Michael Jackson and More

HONG KONG, Sept. 11, 2024 /PRNewswire/ — Julien’s Auctions presents “Legends in Motion”, an exhibition and auction showcasing iconic memorabilia from global legends in sports, film, and music. The exhibition is free to the public at Pacific Place, Hong Kong, from September 14 to 27. Bidding is now open at www.juliensauctions.com, closing with a live auction at Island Shangri-La on September 28.

Key Highlights:

Bruce Lee:40 rare artifacts displayed for the first time in over 50 years.Items from Enter the Dragon, Fist of Fury, and The Big Boss.Key memorabilia include personal nunchakus, wooden dummy used for Wing Chun, and items reflecting his dedication to Jeet Kune Do.LeBron James:St. Vincent-St. Mary High School Basketball Jersey from his famous 2002 Sports Illustrated cover shoot, known as “The Chosen One.”Estimated value: US$1$2 million; expected to set a world record for the highest-selling high school jersey.Limited-edition photo prints from the shoot by renowned photographer Michael LeBrecht.Kobe Bryant:Game-Worn Los Angeles Lakers Jersey from the 2013-14 NBA season (Estimate: US$80,000$100,000).BTS:Outfits worn in their iconic “Life Goes On” music video (Estimate: US$60,000$80,000).Taylor Swift:Autographed gold knee-high boots (Estimate: US$1,000$2,000) and signed The Eras Tour fedora (Estimate: US$2,000$4,000).Michael Jackson:”Thriller” era Bellmaster jacket (Estimate: US$40,000$60,000) and a 2002 signed embellished jacket (Estimate: US$100,000$200,000)AND MORE:Memorabilia from Lionel Messi, Freddie Mercury, Lady Gaga & others

Event Details:

Public Exhibition: Free at Pacific Place, Hong Kong.Dates: September 14 – 27.Hours: 11 AM8 PM daily.Live & Online Auction:Location: Island Shangri-La, Hong Kong.Date: September 28.

Time: 10:00 AM HKT (U.S. September 27, 7:00 PM PDT/10:00 PM EDT).

David Goodman, CEO of Julien’s Auctions, said, “We are excited to showcase artifacts from legends like Bruce Lee and LeBron James in our first-ever Hong Kong auction, with free shipping for global buyers.  This exhibition offers fans and collectors a unique chance to view these treasures up close before bidding.”

Various methods of payment are accepted.

 

Photo – https://mma.prnewswire.com/media/2502212/LEGENDS_IN_MOTION.jpg

Video – https://www.youtube.com/watch?v=ko45Ix47fX4

Video – https://www.youtube.com/watch?v=0lbpUB3sVhw 

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CLOU Electronics Signs BESS Warranty Service Agreement in Chile, Expanding the O&M Coverage into South America

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ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ — CLOU Electronics, a leading BESS system integrator, has recently signed a BESS Warranty Service Agreement with INGENOVA ASESORIAS S.A. in Chile. Under this agreement, CLOU’s subsidiary, CL Energy Company, will engage the contractor to provide warranty repairs, commissioning, maintenance, and logistics services for Chile BESS market.

As many countries today, Chile is witnessing a transformative period in energy, incentivizing through several initiatives the development of energy storage and electric mobility. Over the past year, the Chilean market has seen a surge in large-scale project announcements, driven by an ambitious goal of achieving 70% renewable energy consumption by 2030, significantly increasing the installation of renewable energy generation facilities, leading to a critical need for advanced energy storage solutions.

As a worldwide pioneer in storage technology, CLOU has played a crucial role in several landmark projects, from design to operation. Notably, CLOU was involved in the development of a 485MWh BESS in the Atacama Desert in operation since 2023, and recently has awarded a 420MWh from Transelec S.A., Chile’s leading high-voltage transmission system provider with over 80 years of experience. The project will be located next to the Granja Solar photovoltaic plant, close to Pozo Almonte, in the northern part of Chile.

CLOU’s Engineering & Procurement Package (“EP Package”) solution will offer far more than just system integration. It will deliver comprehensive support throughout the entire project life cycle, by means of a multicultural service team including engineers from CLOU, alongside with local partnerships with deep service training and experience. This is why CLOU has signed a BESS Warranty Service Agreement with INGENOVA ASESORIAS S.A.

Ingenova has 20+ years in the Chile BESS market, and is well recognized as an engineering, equipment supply and construction company in the electrical field, covering the infrastructure, water, mining and energy sectors.

As the customer demand are getting complex and lifecycle O&M is playing a crucial role for a project, CLOU remains deeply committed to meeting both the immediate and long-term needs. This new agreement will further enhance CLOU’s capabilities in project design, equipment supply, system integration, project delivery, operations and maintenance, and after-sales service in the south cone.

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SOURCE CLOU Electronics Co., Ltd.

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CLOU Electronics Releases Two Versions of the 5MWh+ Energy Storage System Aqua-C2.5

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ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ — The global leading energy storage system integrator, CLOU Electronics, has introduced its latest liquid-cooling energy storage system, Aqua-C2.5, during the 2024 RE+ exhibition in Anaheim. This next-generation system is designed to support grid stability, improve renewable power quality, and deliver optimized LCOS for future energy storage projects.

The Aqua-C2.5 represents CLOU’s cutting-edge innovation for the utility-scale energy storage market, featuring a large 314/320Ah LFP battery cell capacity. The system is available in two versions: High Voltage Box and String PCS, providing flexibility to suit different project needs. The Aqua-C2.5 integrates long battery modules in a compact 20-ft container, significantly enhancing power density and enabling it to reach a 5MWh+ nominal capacity.

Both the High Voltage Box and String PCS versions enable precise charging and discharging of individual battery racks, maximizing the system’s overall round-trip efficiency (RTE) by streamlining energy conversion between DC and AC. This boosts the system’s energy discharge capacity over its full lifecycle.

Additionally, the modular design of both the battery pack and PCS simplifies operation and maintenance (O&M), reducing time and costs while ensuring high system availability. Features like automatic state of charge (SOC) calibration also reduce power plant upgrade times.

The Aqua-C2.5’s long battery module configuration allows for back-to-back installation, saving valuable footprint space and ultimately lowering upfront investment costs while increasing project revenue.

A standout feature of Aqua-C2.5 is its advanced bionic thermal management system. This system automatically adapts to the battery’s operational and environmental conditions, ensuring optimal heat dissipation across both the PCS and battery modules inside the container. With a cell/module temperature difference of just 2.5 degrees Celsius, the system is built for long-term performance, offering a 20-year operational life with improved charging and discharging efficiency.

As the global renewable energy market continues to grow, maintaining battery cell consistency is increasingly critical for energy storage systems. Inconsistencies can reduce performance, increase safety risks, and shorten system lifespan. The Aqua-C2.5 addresses this with CLOU’s Smart Scales Intelligent Balancing Technology, which optimizes energy distribution through active balancing. This ensures consistent operating conditions for each cell, reducing deviations and enhancing overall system stability and reliability. Compared to traditional passive balancing, Smart Scales offers bidirectional energy control, fast high-current balancing, reduced energy loss, and optimized battery performance.

The Aqua-C2.5 is also engineered for durability with an impressive C5 anti-corrosion rating and IP55 protection, making it suitable for operation in 0-95% (non-condensing) humidity and temperature ranges of -30℃ to 50℃(optional -35℃). It can maintain 100% nominal power output even at altitudes of up to 4,000 meters. The liquid cooling system also keeps the sound pressure level low, with standard versions at ≤75dB(A) and optional versions as quiet as ≤65dB(A), ideal for noise-sensitive environments.

With over 30 years of experience in power systems, CLOU continues to set industry benchmarks in energy storage compliance. The Aqua-C2.5 has earned multiple certifications, including CE, UL1973, UL9540A, UL9540, IEC62619, IEC63056, IEC62477-1, UN38.3, NFPA855, and NEC, and has passed the rigorous IEEE693 seismic test. To date, CLOU has delivered 5 GWh of energy storage solutions globally, underscoring its success and reliability in the industry.

 

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SOURCE CLOU Electronics Co., Ltd.

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