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System Integration Market 2019 Regional Growth Drivers, Opportunities, Trends, And Forecasts To 2024
System Integration Market
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The system integration market comprises of players such as Dell Inc., Cisco Systems Inc., Fujitsu Ltd, MuleSoft, Teradata Corporation, VCE, Orion System Integrators, and IBM Corporation. A prominent strategy undertaken by companies operating in the system integration market is to continuously expand their product offerings. For instance, in May 2017, MuleSoft announced the provision of the Anypoint Platform in the UK government's G-Cloud 9 framework which eliminates the need of organizations to enter into procurement contracts with technology vendors.
In the present industrial scenario where companies require their systems to work in meticulous synchronization, the role of system integration market is considered highly significant. In an effort to stay abreast of all the developments that have the potential to impact the company’s remuneration, most growing organizations are seeking the deployment of an integrated system that can standardize business procedures and reduce the complexity of processes. For instance, Concept3D, a prominent firm specializing in bringing mapping to the digitalized world, recently declared that it has become an OSIsoft partner, endowed with the capability of integrating & displaying operational data from OSIsoft’s PI System.
Among the various segments that contribute toward system integration market growth, integrated building management system would require a special mention. Technological developments in the system integration industry have led integrated buildings to be able to maintain heating/cooling and even support energy conservation, monitor individual power supplies and initiate emergency response. According to the research conducted by the American Society of Heating, Refrigerating and Air-Conditioning Engineers, investing in an integrated building management system can improve the productivity of employees and occupants and save more than 14% in annual costs measured in lost productivity.
The rising demand for internet connectivity has led to an increased requirement of hardware and software solutions in the IT and telecom industry, consequently leading to the expansion of system integration market. The emergence of advanced technology in communication services and a paradigm shift of the customer base from wired to wireless services has massively propelled system integration industry from the IT & telecom sector. In this regard, it would be prudent to mention that China has a pivotal role to play in augmenting the regional system integration market size from IT applications, primarily on account of the evolution of 5G networks and a rise in business consultancy services. China in fact, has even launched a five-year plan to provide internet connectivity to rural areas.
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Among other major end users of system integration services, it would be imperative to mention the banking, financial services, and insurance (BFSI) sector. The rising demand for online banking and mobile applications will ensure that the BFSI domain emerges as a vital growth ground for system integration market in the ensuing years. The situation is also mainly attributed to the fact that banks majorly require these services to lower ownership costs, improve business processes, mitigate risks, and increase operational efficiency.
Glimpse of Table of Content (ToC)
Chapter 4. System Integration Market, By Service
4.1. System integration market share by service, 2016 & 2024
4.2. Infrastructure integration service
4.2.1. Market estimates and forecasts, 2013 – 2024
4.2.2. Market estimates and forecasts, by region, 2013 – 2024
4.2.3. Building Management System (BMS)
4.2.3.1. Market estimates and forecasts, 2013 – 2024
4.2.3.2. Market estimates and forecasts, by region, 2013 – 2024
4.2.4. Integrated communication
4.2.4.1. Market estimates and forecasts, 2013 – 2024
4.2.4.2. Market estimates and forecasts, by region, 2013 – 2024
4.2.5. Data Center Infrastructure Management (DCIM)
4.2.5.1. Market estimates and forecasts, 2013 – 2024
4.2.5.2. Market estimates and forecasts, by region, 2013 – 2024
4.2.6. Network integration
4.2.6.1. Market estimates and forecasts, 2013 – 2024
4.2.6.2. Market estimates and forecasts, by region, 2013 – 2024
4.2.7. Cloud integration
4.2.7.1. Market estimates and forecasts, 2013 – 2024
4.2.7.2. System Integration Market estimates and forecasts, by region, 2013 – 2024
4.3. Application Integration service
4.3.1. Market estimates and forecasts, 2013 – 2024
4.3.2. Application Lifecycle Management (ALM)
4.3.2.1. Market estimates and forecasts, 2013 – 2024
4.3.2.2. Market estimates and forecasts, by region, 2013 – 2024
4.3.3. Data integration
4.3.3.1. Market estimates and forecasts, 2013 – 2024
4.3.3.2. Market estimates and forecasts, by region, 2013 – 2024
4.3.4. Integrated Security Software
4.3.4.1. Market estimates and forecasts, 2013 – 2024
4.3.4.2. Market estimates and forecasts, by region, 2013 – 2024
4.3.5. Integrated Social Software
4.3.5.1. Market estimates and forecasts, 2013 – 2024
4.3.5.2. Market estimates and forecasts, by region, 2013 – 2024
4.3.6. Others
4.3.6.1. Market estimates and forecasts, 2013 – 2024
4.3.6.2. Market estimates and forecasts, by region, 2013 – 2024
4.4. Consulting service
4.4.1. Market estimates and forecasts, 2013 – 2024
4.4.2. Market estimates and forecasts, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/system-integration-market
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