The global integrated systems market is expected to reach USD 24.02 billion by 2020, according
to a new study by Grand View Research, Inc. Accelerated business demands and
intricate nature of IT challenges is anticipated to drive the global integrated
systems market demand over the forecast period. The IT industry is highly
dynamic in nature and characterized by technological advancements and
innovation. Every few years the industry experiences tectonic shifts that
re-shape IT. Shift in trend from mainframes to client/server to internet computing
has altered the way end-users build, purchase, consume, and deliver technology.
In recent times, the integrated systems
market has witnessed significant shift, which may be attributed to emergence of
mobility, big data, social networking and cloud computing. Smartphone
proliferation has also impacted the IT industry, with the advent of the BYOD
phenomenon, and provides several market growth opportunities. However, factors
such as high deployment cost may pose a challenge to market growth. Besides
perceived complexity with regards to installation of converged infrastructure
solutions, they are viewed as an expensive but necessary spending.
Access Research Report of Integrated Systems Market @ http://www.grandviewresearch.com/industry-analysis/integrated-systems-market
Further key findings from the study suggest:
· The integrated infrastructure segment is
poised for high growth over the next six years, which may be attributed to
strong revenue growth posted by a few key industry players such as VCE, Cisco,
etc.
· Integration and installation segment
accounted for substantial market share in 2013, and is expected to witness high
growth. Legacy data center infrastructure has several shortcomings that fail to
meet modern data center demand, and has resulted in rise in integrated systems
deployment. Further, integrated systems provide the ability to replace aging
systems and platforms, thereby combining multiple systems into one platform.
· BFSI accounted for majority of the
integrated systems market in 2013, owing to high market penetration and early
adoption. Integrated systems installation enables the BFSI sector support
growth, expand network and offer new services to their customers. It also plays
a key role in reducing cost, space and power consumption significantly.
· North America captured a sizeable amount of
the integrated systems market, which can be primarily attributed to
technological advancements and high market penetration. In addition, the need
to achieve agility and efficiency in enterprises may also catapult the regional
market demand over the forecast period.
· Key integrated systems market players such
as Oracle Corporation, Cisco Systems, VCE, Hewlett-Packard and IBM focus on
collaborations as it helps in technology exchange, joint sales and marketing
efforts, new market creation and new product development.
Grand View Research has segmented the
global integrated systems market on the basis of product, service, end-use and
region:
Integrated Systems Product Outlook
(Revenue, USD Million, 2012 - 2020)
·
Integrated Platform/Workload Systems
·
Integrated Infrastructure Systems
Integrated Systems Service Outlook
(Revenue, USD Million, 2012 - 2020)
·
Integration & Installation
·
Consulting
·
Maintenance & Support
Integrated Systems End-Use Outlook
(Revenue, USD Million, 2012 - 2020)
·
BFSI
·
IT & Telecom
·
Retail
·
Manufacturing
·
Healthcare
·
Others
Integrated Systems Regional Outlook
(Revenue, USD Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
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.



