The global integrated systems market volume was evaluated at $9500 million in 2014. It is predicted to touch more than $30000 million by the end of the forecasted period at 15% CAGR.
The growing demand to combine installation techniques and growth of modern applications are fuelling the global integrated systems market growth. Further, large scale evolution of modern data management forms is yet another factor driving the growth of the global integrated systems industry. Moreover, other aspects like business development, core competency and fiscal efficacy are propelling the global integration systems market growth.
The IT segment has witnessed the evolution of integrated systems in last few years owing to growing industry trend that includes requirement of lower risks, enhanced profitability and reduction in total ownership costs. IT professionals are largely considering integrated systems as an effective way that supports business growth. Today, IT firms are adopting integrated systems to improve employee efficiency, support IT infrastructure and enhance functional efficacy. All these factors are predicted to enhance the growth of the global integrated systems market during the estimated period.
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However, high installation costs are predicted to inhibit the growth of global integrated systems market in future.
Depending upon the service, global integrated systems market is divided into maintenance & support, consulting and integration & installation. The integration & installation section is predicted to experience high growth in future owing to heavy demand for integrated systems across many small sized, medium sized and large sized business firms.
Maintenance & support services help the employees of the firm to concentrate more on core business competencies and innovate. So maintenance & support section is predicted to boost the demand & growth of global integrated systems market during the estimated period.
Based on the product, global integrated systems market is bifurcated into validated systems, pre-integrated systems and tested systems.
Validated systems include integrated infrastructure systems and integrated workload systems. Integrated infrastructure systems are predicted to dominate the global integrated systems market and drive its growth.
Depending upon the business firm size, global integrated systems market is divided into small sized business firms, medium sized business firms and large sized business firms.
A huge market penetration of the integrated systems is experienced in small sized and medium sized business firms owing to effective services and low costs offered by integrated systems for business to business integration in these kinds of firms.
Based on the end user, global integrated systems market is bifurcated into healthcare, educational institutes, information technology & telecommunication systems, production, retail, defence & energy and BFSI.
Information technology & telecommunications section and BFSI section are predicted to evolve as dominating sections due to large acceptance rates of integrated systems across these sections. Retail and production sections offer numerous avenues for the growth of the integrated systems market and may experience rapid expansion during the estimated span.
Depending upon the geographical locations, global integrated systems market is divided into APAC zone, North American subcontinent, European continent and region of the rest of the world.
The intra region integration development is propelling the demand for integrated services in the countries like South Korea, Australia, Singapore, New Zealand and Japan of APAC zone. This factor is predicted to contribute towards rapid growth of integrated systems market during the estimated period. Further, significant IT infrastructural growth along with data centre transformation tasks in APAC zone is predicted to drive the integrated systems market growth during forecasted period.
The subcontinent of North America has dominated the global integrated systems market owing to heavy demand for IT infrastructural services by small sized, medium sized and large sized business firms of the subcontinent. It is also predicted to continue its market domination during the forecasted period due to rapid technological breakthroughs and heavy industry penetration of integrated systems.
Browse key industry insights spread across 132 Pages with 77 market data tables & 39 figures from the report, “Integrated Systems Market Size By Service (Maintenance & Support, Installation & Integration, Consulting Services), By Product (Integrated Infrastructure Systems, Integrated Platform/Integrated Workload Systems), By End-Use (IT & Telecom, Banking Financial Services and Insurance, Retail, Healthcare, Manufacturing), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
Key industry players involved in the integrated systems business and promoting the growth of the global integrated systems market are as follows:
- IBM Corporation
- Fujitsu Limited
- SAP SE
- Hewlett Packard Company
- Cisco Systems Incorporation
- Cordys B.V
- Oracle Corporation
- Red Hat Incorporation
- Hubspan Incorporation
- EMC Corporation
- ActiveState Software Incorporation
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