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.
Browse full research report on System Integration Market:
http://www.grandviewresearch.com/industry-analysis/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
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
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
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, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
