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What are the Growth Drivers of System Integration Market?
System Integration Market
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The increase in government initiatives, primarily in economies such as China, India, and Philippines, promoting the growth of SMEs is amplifying the demand of the system integration market. These services are essential as they provide substantial cost savings by decreasing the duplication of data and the need to test and perform security checks on the different hardware or software systems across an organization.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. HCL Technologies
2. HP
3. Huawei Technologies
4. IBM
5. Infosys
6. Oracle
7. NTT DATA Services
8. Fujitsu Global
9. Unisys
10. VCE
11. GTL Limited
12. Accenture
13. Capgemini
14. Cisco
15. CSC
16. Dell
17. Deloitte
18. Dell EMC
Chapter 3. System Integration Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Information & communication technology (ICT) industry landscape
3.2.1.1. North America
3.2.1.2. Europe
3.2.1.3. Asia Pacific
3.2.1.4. Latin America
3.2.1.5. MEA
3.2.2. IT service industry landscape
3.2.2.1. North America
3.2.2.2. Europe
3.2.2.3. Asia Pacific
3.2.2.4. Latin America
3.2.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Impact of Industry 4.0
3.4.2. Bring-Your-Own-Device (BYOD) trend
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Growth of cloud computing solutions in the U.S. and Western Europe
3.6.1.2. Increase in organizational and consumer data in Europe and Asia Pacific
3.6.1.3. High growth of SMEs and industrialization boom in China and India
3.6.1.4. Rising demand for outsourced services in the U.S. and UK
3.6.1.5. Large shift towards automation technologies in the manufacturing industry in South East Asia
3.6.1.6. Increase in mobile penetration and broadband infrastructure in South East Asia
3.6.1.7. Technological advancements in Philippines drives the demand for professional services
3.6.1.8. Digital transformation boom in Malaysia and India couple with government investments drives the system integration market
3.6.1.9. Rising IT spend in UAE
3.6.2. Industry pitfalls & challenges
3.6.2.1. Presence of technical challenges
3.6.2.2. High system integration costs
3.6.2.3. The outdated infrastructure in several economies
3.6.2.4. Interoperability issues
3.7. Growth potential analysis
3.8. Porter's analysis
3.9. Competitive landscape, 2016
3.9.1. Company market share, 2016
3.9.2. Strategy dashboard
3.10. PESTEL analysis
System integration market segmentation by end-use indicates that the BFSI sector is anticipated to experience growth at a very rapid rate. Organizations operating in this sector are required to collect large amounts of consumer data of a very confidential nature. Moreover, the movement to the online platform and to mobile devices is providing impetus for the industry growth.
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The system integration market in the Asia Pacific region is expected to witness high growth during the forecast timeframe owing to the increase in the number of SMEs and the provision of low cost service offerings in the region. Countries such as Philippines and India are hubs of consulting and outsourcing activities. This comprise large pools of highly skilled workforce with low hourly wages, allowing foreign players to adopt these services.
The high initial costs associated with using these services and the lack of the appropriate broadband infrastructure and network are some of the major factors that might hinder the growth of system integration market. SMEs for instance, are a severely restricted financial budget and hence have difficulty in accessing this facility. However, highly skilled labor has been helping to lower the overall costs of these services and is anticipated to drive system integration industry demand in the long term. More recently, the rising prominence of IoT and the advent of Industry 4.0 have heightened the importance of the interconnection of various disjointed hardware and software solutions throughout the organization. This will unrefutably fuel system integration industry share, slated to increase at a CAGR of 6% over 2017-2024.
Top vendors in the system integration market include Accenture, AGC Networks Ltd., ASI System Integration, Inc., Capgemini, CGI, Cisco, CSC, Dell, Deloitte, Dell EMC, Fujitsu Global, GTL Limited, HCL Technologies, Hitachi, HP, Huawei Technologies, IBM, Infosys, MuleSoft, NTT DATA Services, Oracle, Orion Systems, ASI System Integration, Inc., Tech Mahindra, Teradata, Tieto, Trigent Software Inc, and Unisys,VCE.
Browse key industry insights spread across 250 pages with 259 market data tables & 41 figures & charts from the report, System Integration Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/system-integration-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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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.
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