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.
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
·
U.S.
·
Canada
·
Europe
·
UK
·
Germany
·
France
·
Asia Pacific
·
China
·
India
·
Japan
·
Latin America
·
Brazil
·
Mexico
·
Middle East & Africa
Browse more research reports of this category:
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.
No comments:
Post a Comment