Service Integration & Management Market by Component (Services, Solution), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Vertical - Global Forecast 2024-2030

Service Integration & Management Market by Component (Services, Solution), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Vertical - Global Forecast 2024-2030


The Service Integration & Management Market size was estimated at USD 5.54 billion in 2023 and expected to reach USD 5.86 billion in 2024, at a CAGR 6.63% to reach USD 8.69 billion by 2030.

Service integration & management (SIAM) is a methodology designed to facilitate the seamless integration and delivery of multiple service providers' work outputs into a single, cohesive, business-facing IT service. This framework helps ensure that the performance of all service providers is aligned with the overarching business goals and consistent delivery of services to end-users. SIAM has become an essential framework amidst the increasing complexity of corporate IT environments characterized by multiple service providers. SIAM's role as a centralized management strategy is growing, particularly in sectors where information technology is pivotal, including finance, healthcare, and government. The SIAM market is witnessing growth fueled by the need to manage an intricate web of IT services, with businesses demanding greater agility and compliance with regulatory standards. Organizations are turning to SIAM for the seamless integration of services, enhanced by automation and standardized governance, which ultimately drives cost-effectiveness. However, integration complexities and the challenge of sourcing skilled professionals for conducting SIAM impact the market development. Market players are working on introducing more aligned and precise solutions and services to address these issues. The future growth prospects for the service integration & management market lie in advancements in AI and machine learning, which are expected to refine the efficacy of SIAM solutions.

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1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Demand for effective management of diverse IT services and adoption of multi-vendor outsourcing
5.1.1.2. Government support and investment in IT infrastructure and digitalization
5.1.2. Restraints
5.1.2.1. Complexities associated with the integration and implementation of SIAM services
5.1.3. Opportunities
5.1.3.1. Integration of AI and ML to enhance SIAM solutions
5.1.3.2. Emergence of advanced SIAM consulting services backed by improved certifications and training
5.1.4. Challenges
5.1.4.1. Performance issues and security concerns of SIAM
5.2. Market Segmentation Analysis
5.2.1. Component: Growing importance of training, support, and maintenance to optimize the service value
5.2.2. Organization Size: Rising deployment of SIAM in large enterprises to harmonize an extensive array of IT services
5.2.3. Vertical: Rising adoption of SIAM to support the rapid pace of technological advancements in IT and telecommunications sector
5.3. Market Trend Analysis
5.3.1. Rising emphasis on adoption of service integration & management solutions in Americas region owing to strong presence of key service providers and rising need for multi-vendor management by businesses
5.3.2. Massive adoption of SIAM solution fostering amalgamation activities among vendors for improved and expandable digitization across APAC
5.3.3. Industrial digitalization across EMEA and a strong presence of well-establish global and regional SIAM companies to accelerate the market development
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
6. Service Integration & Management Market, by Component
6.1. Introduction
6.2. Services
6.3. Solution
7. Service Integration & Management Market, by Organization Size
7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium-Sized Enterprises
8. Service Integration & Management Market, by Vertical
8.1. Introduction
8.2. Banking, Financial Services, & Insurance
8.3. Energy & Utilities
8.4. IT & Telecommunications
8.5. Manufacturing
8.6. Retail & Consumer Goods
8.7. Transportation & Logistics
9. Americas Service Integration & Management Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Service Integration & Management Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Service Integration & Management Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.3.1. Infosys and TK Elevator Extend Strategic Collaboration
12.3.2. Capgemini Collaborates with Euroclear for Successful Launch of Digital Financial Market Infrastructure (D-Fmi) New D-Fmi Platform
12.3.3. Oracle Buys Next Technik
12.3.4. CGI Achieves Successful Integration of Military Logistics and Asset Management Systems in Planetary-Scale Metaverse
12.3.5. Fujitsu Unveils Virtuora Service Management and Orchestration for Intelligent, Resilient and Robust Network Service Delivery
12.3.6. Newgen and Coforge Elevate Partnership to Deliver Transformative Insurance Lifecycle Management Solutions
12.3.7. Amazon Web Services Announces Plan to Invest USD 3.5 Billion in Ohio
12.3.8. Tietoevry Acquires MentorMate to Expand North American Customer Base and Global Digital Engineering Capabilities of its Create Business
12.3.9. Atos launches Technology Consulting, A New Portfolio of Advisory Services to Support C-Suite Customers in Building Technology Roadmap
12.3.10. Accenture to Acquire Anser Advisory to Expand Capital Project Capabilities
12.3.11. Wipro Enters into a Five-Year Business Partnership with ServiceNow
12.3.12. Wrike Announced the Expansion of its Work Intelligence Solution
12.3.13. Microsoft and Epic expand strategic collaboration with integration of Azure OpenAI Service
12.3.14. HCLTech Announced Major Expansion in Romania
13. Competitive Portfolio
13.1. Key Company Profiles
13.2. Key Product Portfolio
FIGURE 1. SERVICE INTEGRATION & MANAGEMENT MARKET RESEARCH PROCESS
FIGURE 2. SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SERVICE INTEGRATION & MANAGEMENT MARKET DYNAMICS
FIGURE 7. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 10. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 12. GLOBAL SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA SERVICE INTEGRATION & MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. SERVICE INTEGRATION & MANAGEMENT MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 22. SERVICE INTEGRATION & MANAGEMENT MARKET, FPNV POSITIONING MATRIX, 2023

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