The global system integration market is expected to reach USD 528.2
billion by 2025, according to a new report by Grand View Research, Inc.
Increased spending on system integration solutions, by the key players in the
market, has enriched the IT infrastructure and subsequently eliminated
redundancies. The growing requirement for eradicating heterogeneity,
multiplicity, and fluctuating distinctiveness of vital applications &
infrastructures is anticipated to fuel the system integration market over the forecast
period.
The growing espousal of cloud computing along with numerous developments
in virtual technologies is projected to trigger the adoption of system
integration solutions. Technological advancements, such as Cloud Service
Brokerage (CSB), Building Energy Management Systems (BEMS), Cyber-Physical
System (CPS), and clinical integration, are anticipated to offer new
opportunities for market growth.
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China system integration market by services, 2014 - 2025 (USD Billion)
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The system integration market is projected to witness high growth over
the forecast period, owing to the recurrent need for open and distributed
architectures across the globe. However, high implementation costs may dissuade
SMEs and start-ups from adopting system management solutions.
In depth research report on System Integration Market
Further key findings from the report suggest:
·
The consulting service segment is projected to exhibit a
significant growth with CAGR exceeding10.0% from 2016 to 2025, as there is a
rising need for enterprises to assist users in designing their BCP/DR plan and
conducting rehearsals for effective and efficient workflow
·
The IT & telecommunication segment is expected to gain
prominence over the forecast period with an estimated CAGR exceeding11%, which
can be accredited to the growing demand for distributed systems integration in
the IT sector
·
Asia Pacific emerged as the fastest-growing region and is
expected to witness a healthy CAGR of over 11%, owing to the mounting
investments in security solutions
·
The key purveyors of this industry are Accenture, BAE
systems, Fujitsu, Hewlett-Packard, IBM, and Lockheed Martin Corporation, among
others
Grand View Research has segmented the global system integration market
based on services, end-use, and region:
System Integration
Services Outlook (Revenue, USD Million; 2014-2025)
·
Infrastructure integration
·
Application integration
·
Consulting
System Integration End-use
Outlook (Revenue, USD Million; 2014-2025)
·
Telecommunication & IT
·
Defense & security
·
BFSI
·
Oil & gas
·
Healthcare
·
Transportation
·
Retail
·
Others
System Integration
Regional Outlook (Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more market analysis
reports, please visit: http://www.grandviewresearch.com/
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