Global 5G System Integration Market, By Service (Consulting, Infrastructure Integration, And 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, And Others), By Industry Vertical (Manufacturing, Energy & Utilities, Media & Entertainment, It & Telecom, BFSI, Healthcare, Retail, And Others) – Industry Trends and Forecast to 2029
5G System Integration Market Analysis and Size
Several companies have turned to financial and distributed information technologies due to digitalization and centralization of enterprise processes. As the world embarks on the innovative journey of digital transformation, disruptive forces are becoming increasingly prevalent in nearly every industry. As a result, many businesses are looking for ways to integrate critical services and processes into the same stack. System integration enables businesses to organise a diverse set of software and hardware components into a unified ecosystem.
Data Bridge Market Research analyses that the 5G system integration market was valued at USD 7.3 billion in 2021 and is expected to reach the value of USD 38.24 billion by 2029, at a CAGR of 23.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Service (Consulting, Infrastructure Integration, and 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, and Others), By Industry Vertical (Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, BFSI, Healthcare, Retail, and Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Capgemini (France), Accenture (Ireland), IBM Corportaion (U.S.), Infosys Limited (India), Jitterbit Inc, (U.S.), Magic Software Enterprises (Israel), HCL Technologies Limited (India), Wipro (India), Johnson Controls. (Ireland), Cognizant (U.S.), Tata Consultancy Services Limited (India), John Wood Group PLC (U.K.), ATS Automation Tooling Systems Inc, (Canada), Avanceon (UAE), JR Automation (Netherlands), Tesco Controls, Inc. (U.S.), Burrow Global LLC (U.S.), Prime Controls LP (U.S.), MAVERICK Technologies LLC (U.S), BW Design Group (U.S.)
|
|
Market Opportunities
|
|
Market Definition
5G system integration combines an enterprise's virtual and physical components with upgraded systems or applications to work over the new 5G network. The 5G system integration provides seamless connectivity and ultra-high internet speed for use in various industries, including manufacturing, telecommunications, retail, information technology, and energy, among others.
Global 5G System Integration Market Dynamics
Drivers
- Increased industrial automation and growing need for network infrastructure
The increased adoption of industrial automation technologies, particularly in developed countries, has aided the growth of the 5G system integration market. The increased demand for electric and hybrid vehicles has resulted in an increase in battery manufacturing facilities. As a result, rising demand for industrial automation is expected to propel the 5G system integration market forward. Due to the increased demand for high-speed bandwidth capacity, businesses have reduced overall process costs and improved operational efficiency by upgrading their network infrastructure. Businesses can provide better customer service by deploying robust, upgraded network infrastructure, which will drive market growth.
- Growing focus on integrating devices with advanced analytical tools
Key manufacturers are investigating opportunities to improve operational processes by implementing modern technologies such as collaborative robots, big data analytics, and industrial wireless cameras as manufacturing plants transition to data-driven, smart flexible operations. The Industrial Internet of Things (IoT) deployment and rising demand for unified connectivity are expected to boost 5G integration in the coming years. The increasing popularity of Network Function Visualization (NFV) and Software-Defined Networking is one of the major factors that can be attributed to positively impacting market growth (SDN). SDN provides a smart network architecture that aims to reduce constraints on a company's premises. Whereas, NVF allows businesses to deploy firewalls and virtual machines. The rapid adoption of SDN and NVF technologies to reduce overall network infrastructure costs
Opportunity
The rising demand for flexible manufacturing providers by market players expands the advantageous opportunities for the growth of the 5G system integration market in the coming period. The growing use of the internet of things in industrial automation will create enormous market growth opportunities. Due to the majority of businesses and the market's existing relationship between system integration and operations, automation system integrations offer enormous opportunity.
Restraints
High initial investment is a major factor required for the installation of supervisory solutions such as DCS, MES, advanced process control (APC), and SCADA, limiting the growth of the process automation market and obstructing the growth of the 5G system integration market. Furthermore, the high installation and maintenance costs of some devices, such as smart sensors, process analyzers, and actuators, have increased consumer costs, which are expected to slow market growth.
This 5G system integration market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 5G system integration market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on 5G System Integration Market
The outbreak of the COVID-19 pandemic has had a significant impact on the global 5G industry. Few countries, including the United States, Spain, France, and the United Kingdom. have initially postponed spectrum auctions to deliver 5G services. Furthermore, several telecom network providers, including Huawei Technologies Co. Ltd, Ericsson, and Nokia Corporation have temporarily postponed the deployment of 5G networks for telecom operators worldwide in the first and second quarters of 2020. The delay in 5G network deployment is affecting demand for 5G system integration services. Furthermore, several federal governments across key countries such as U.S., U.K., Germany, and others, released various economy boost packages, provided ease in lockdown facilities, and allowed enterprises to resume their operation with limited workforce capacity. This, in turn will augment market growth over the forecast period.
Recent Development
- In 2021, Bharti Airtel Limited, a leading Indian communications solutions provider, and Qualcomm Technologies, Inc. will collaborate to accelerate 5G deployment in India. Airtel will use Qualcomm 5G RAN Platforms through network vendors and device partners to deploy virtualized and Open RAN-based 5G networks.
Global 5G System Integration Market Scope
The 5G system integration market is segmented on the basis of service, application and industry vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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
5G System Integration Market Regional Analysis/Insights
The 5G system integration market is analysed and market size insights and trends are provided by country, service, application and industry vertical as referenced above.
The countries covered in the 5G system integration market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the system integration market during the forecast period. This is due to increased government investments in adopting innovative solutions across multiple departments, increased use of internet of things (IoT) in industrial automation, increased energy-efficient production processes, and increased demand for low-cost in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029. Due to increased development in the automation sector, growing investment in distributed information technology systems, and increased use of internet of things (IoT) in industrial automation in this region,
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 5G System Integration Market Share Analysis
The 5G system integration market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 5G system integration market.
Some of the major players operating in the 5G system integration market are:
- Capgemini (France)
- Accenture (Ireland)
- IBM Corporation (U.S.)
- Infosys Limited (India)
- Jitterbit Inc., (U.S.)
- Magic Software Enterprises (Israel)
- HCL Technologies Limited (India)
- Wipro (India)
- Johnson Controls. (Ireland)
- Cognizant (U.S.)
- Tata Consultancy Services Limited (India)
- John Wood Group PLC (U.K.)
- ATS Automation Tooling Systems Inc., (Canada)
- Avanceon (UAE)
- JR Automation (Netherlands)
- Tesco Controls, Inc. (U.S.)
- Burrow Global LLC (U.S.)
- Prime Controls LP (U.S.)
- MAVERICK Technologies LLC (U.S.)
- BW Design Group (U.S.)
SKU-