System Integration Market worth over $450bn by 2024 | By Key Players: Deloitte, Fujitsu, GTL Limited, HCL Technologies Limited, Hitachi, Huawei, IBM, Infosys Limited, NTT DATA, Oracle Corporation, Tieto, Accenture, BERICON, CGI Group, Cisco, CSC, Dell

The rapid industrial growth in the industrial and manufacturing sector and the high growth of the number of SMEs, primarily in parts of South East Asia, is promoting the regional system integration market. Government initiatives in the form of subsidies, financial support, and expertise to regional players allow them to establish themselves and gain traction in the global marketplace. For instance, under the Make in India strategy, the government is providing a 25% grant to SMEs for the expenditure incurred on audit subject to a maximum of USD 1,500, which is anticipated to fuel the system integration market in the coming years.

Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/1819

System Integration Market size is set to exceed USD 450 billion by 2024; according to a new research report by Global Market Insights, Inc. High penetration of these solutions is fueled by the need of organizations to improve the efficiency and productivity of the various hardware and software systems that are functional within the organization. The increase in outsourcing activities, primarily by companies residing in the U.S. and Western Europe, to regions having low cost labor and raw materials, for instance India, is promoting the growth of the system integration market. Government bodies in these regions are further improving the existing broadband infrastructure providing a strong platform for the growth of the system integration market in the region.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Accenture
• AGC Networks Ltd.
• Amergy
• ASI System Integration
• BERICON
• Capgemini
• CGI Group
• Cisco Systems Inc.
• CSC
• Dell Inc.
• Deloitte
• EMC Corporation
• Fujitsu Ltd
• GTL Limited
• HCL Technologies Limited
• Hitachi Ltd
• Hewlett-Packard
• Huawei Technologies Co
• IBM Corporation
• Infosys Limited
• MuleSoft
• NTT DATA
• Oracle Corporation
• Orion System Integrators
• System Integration LLC
• Tech Mahindra
• Teradata Corporation
• Tieto
• Trigent Software
• Unisys Corporation
• VCE

In the recent years, the advent of Industry 4.0 and the rising prominence of IoT have mandated the interconnection of various disjointed hardware and software solutions throughout the organization. The system integration market demand is further amplified in larger companies or organizations having operations dispersed over a large geographical area to synchronize their various applications to function cohesively in a converged environment. This is done to reduce issues such as data duplication and redundancies. Additionally, the implementation of these solutions allows the organization to reduce the overall costs sustained by having multiple hardware and software applications from multiple vendors such as resource and space consumption and the need for running constant separate security checks.

The large-scale technological advancements that affect businesses across the world, such as the increase in consumer and organizational data and the increasing automation in the various business processes, are causing companies to seek system integration market services. The rapid transition toward cloud solutions owing to their reduced costs, increased collaboration efficiency, and high flexibility they offer to its users contributes to the market growth during the forecast timeframe.

Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/1819

End-use segmentation of the system integration market indicates that the BFSI and the IT and telecom sectors are expected to dominate in terms of market size during the forecast timeframe. This is due to the increasing proliferation of cloud technologies, Bring-Your-Own-Device (BYOD) trends, and the influx of consumer data, such as financial and personal consumer information. The government and utilities sector are anticipated to exhibit growth during the forecast timeframe. This demand is due to the rising government focus, primarily in Germany and UK, on the deployment of smart grids and the movement towards sustainable, non-conventional power solutions causing the adoption of system integration services such as building management systems, data integration, and security management systems by authorized service providers.

System integration market by service indicates that the consulting segment is anticipated to witness a higher growth during the forecast timeframe. These services allow business owners to understand their requirements pertaining to the architecture and business process, help in staying ahead amidst the changing technological landscape, in testing and deployment, and in developing a business continuity and disaster recovery plan. These are essential in streamlining the existing business processes for the maximum efficiency.

Browse Full Report @ https://www.gminsights.com/industry-analysis/system-integration-market

The players operating in the system integration market include HCL Technologies Limited, CSC, Tech Mahindra, Dell, Inc., GTL Limited, IBM Corporation, Capgemini, Accenture, Hewlett-Packard, and Oracle Corporation. Companies operating in the market adopt a wide range of strategies comprising new service launches, upgrading and expansion of the existing services, and partnership agreements with other players to sustain the long-term growth in the industry.

Browse Related Report:
Network Automation Market Size By Type (Local Area Network (LAN), Wide Area Network (WAN), Data Center Networks, Cloud Networks, Wireless Networks), By Component (Software [Intent-based networking, SD-WAN, Network Automation Tools], Service [Professional Service, Managed Service]), By Network Infrastructure (Physical Network, Virtual Network, Hybrid Network), By Application (Manufacturing, Telecom & IT, Healthcare, Energy & Utilities, BFSI), By Deployment Type (On-Premise, Cloud), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Taiwan, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024

https://www.openpr.com/news/1378916/Network-Automation-Market-2018-2024-By-Top-Players-6Connect-Anuta-Networks-Apstra-Arista-Networks-BlueCat-Networks-BMC-Software-Cisco-Cumulus-Network-EfficientIP-Entuity-Fujitsu-Gluware-HCL-Technologies-HelpSystems-IBM.html

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://solutionrocket.com

This release was published on openPR.