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What's Driving the Integrated Systems Market Share? Key Companies Cisco Systems Inc, CSC, Deloitte, EMC Corporation, Fujitsu, Hitachi, HP, Huawei, IBM, Oracle, Unisys, VCE
Integrated Systems Market
Integrated systems market size was earlier USD 9.5 billion in the year 2014 and is expected to touch USD 30 billion in 2022 with a CAGR of 15%. Thriving business demand and accelerated challenges in IT sector is projected to upsurge the demand of this market. The dynamic nature of IT industry is full of advancements and innovations. Transformation from mainframe servers to internet computing has changed the way with which customers build, buy, use, and deliver technology.
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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.
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.
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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.
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 industry growth during forecasted period.
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