The Europe Integrated Systems Market would witness market growth of 17.5% CAGR during the forecast period (2023-2030).
Manufacturing execution systems (MES) types of integrated systems play a crucial role in production, managing processes, tracking resources, and ensuring quality control. The Industrial Internet of Things (IIoT) relies heavily on these systems that connect sensors, machinery, and analytics to optimize industrial operations. Integrated systems are vital in command and control centers, providing real-time data and communication capabilities for defense and aerospace operations. In aircraft, integrated avionics systems bring together navigation, communication, and monitoring functions, enhancing safety and performance.
Integrated systems are pivotal in smart traffic management, optimizing traffic flow, reducing congestion, and improving safety. Smart city initiatives leverage integrated systems to enhance public transportation, including fare collection, route optimization, and passenger information systems. Banks use integrated systems for core banking operations, combining services like account management, transactions, and customer relationship management. Integrated systems enable efficient payment processing, allowing secure and convenient electronic transactions. Integrated systems are essential for smart grid technology, which monitors and manages energy distribution, improves grid reliability, and integrates renewable energy sources. Integrated systems help optimize water distribution, monitor water quality, and ensure efficient resource utilization.
As per the data revealed by the United Kingdom Office for National Statistics, the total value of UK manufacturers' product sales was £429.8 billion in 2022, an increase of £28.4 billion (7%) from £401.5 billion in 2021. Moreover, as per the data from the United Nations Industrial Development Organization, according to the 2023 update, Germany continues to hold the top position as the country with the world’s most competitive manufacturing sector. Germany has maintained this position since 2001. The rising manufacturing sector in countries like the United Kingdom and Germany will boost the European region's demand for integrated systems.
The Germany market dominated the Europe Integrated Systems Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,900.8 million by 2030. The UK market would grow a CAGR of 16.5% during (2023 - 2030). Additionally, The France market is registering a CAGR of 18.4% during (2023 - 2030).
Based on Offering, the market is segmented into Product (Integrated Platform/Workload Systems and Integrated Infrastructure Systems) and Services (Integration & Installation, Consulting and Maintenance & Support). Based on End Use, the market is segmented into BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Integrated Systems Market will Hit USD 93.1 Billion by 2030, at a CAGR of 17.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Capgemini SE, Cisco Systems, Inc., Deloitte Touche Tohmatsu Limited, Fujitsu Limited, Hitachi, Ltd., Hewlett-Packard enterprise Company, Huawei Technologies Co., Ltd., IBM Corporation, and Oracle Corporation.
By Offering
By End Use
By Country
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