The System Infrastructure Market was valued at USD 278.6 billion in 2023 and is expected to grow at a CAGR of 7.6%, reaching USD 467.1 billion by 2030. The global demand for system infrastructure is driven by rapid digitalization and the growing adoption of technologies like cloud and IoT, which enhance efficiency for enterprises. Additionally, the increasing use of cloud technologies for workflow optimization and remote work is expected to boost market growth. While high initial implementation costs pose challenges, rising investments in smart infrastructure and data centers offer significant growth opportunities.

IT industry needs to use large quantities of data that are generated daily from the consumers to find hidden patterns, insights, trends, correlations, and market trends. Such big data & analytics service helps their clients to make an informed decision. With the continued growth of data generation, big data & analytics technology expected to grow further during the forecast period.

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With the advancement in technology, the BFSI industry has also experienced system upgradation. The changing business models, emergence of new entrants, and changing consumer expectations are the major factors that are driving the BFSI industry’s investment in technologies such as cybersecurity, cloud, IoT, etc. It is estimated that BFSI will show a considerable growth rate during the forecast period.

Europe accounted for significant share in global system infrastructure market. European Union’s (EU) Digital Decade Report, published in September 2023 highlighted the gap of digitalization of businesses in the region. As of 2023, 45% of the businesses in Europe have integrated cloud technology, 19% of businesses have integrated big data, and only 11% of businesses have integrated AI. EU has proposed a plan to have about 75% of enterprise with integration of cloud, big data and AI in the Europe by 2030. With this plan, Europe can achieve an economic value of over USD 3.05 trillion (EUR 2.8 trillion)*, equivalent to 21% of current Europe economy.

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Some of the major players operating in the market are TIBCO Software, BMC Software, Broadcom, Oracle, among others. These players have strong competition among themselves and they have adopted strategies such as new product launches, partnership & collaboration to achieve higher market share of the market.

“As organizations increasingly adopt digital technologies such as cloud computing and IoT, understanding the driving forces behind this shift is essential for stakeholders across industries. The research highlights how the growing demand for advanced system infrastructure is not only improving organizational efficiency but also shaping the future of enterprise technology. This report offers valuable insights into how companies are integrating these technologies and the implications for market growth,” said Sudipto Ghosh, Research Specialist, Intent Market Research.

Sudipto added, “While the high initial cost of implementation remains a challenge, the report explores how continued investment in smart infrastructure and data centers is creating significant opportunities for growth. It also examines the expanding role of big data and analytics in helping organizations unlock valuable insights, providing a comprehensive overview of the trends that are expected to shape the technology landscape in the coming years.”

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About  Intent Market Research™

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