San Francisco, 23
November 2018: The global system integration market is
expected to reach USD 582.5 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.
Access
Research Report of System Integration Market@ 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 at: 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
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
System Integration Market @: www.grandviewresearch.com/press-release/global-system-integration-market
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.
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