San Francisco, 27 December 2018, Integrated Systems Market Analysis By
Product (Integrated Platform/ Workload Systems, Integrated Infrastructure
Systems), By Service (Integration & Installation, Consulting, Maintenance
& Support), By Application (BFSI, IT & Telecom, Retail, Manufacturing,
Healthcare) And Segment Forecasts To 2020
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.
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Report On Integrated Systems Market Analysis:
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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.
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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
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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.
For more information: www.grandviewresearch.com/
