Press release
Worldwide System Integration Market: Increasing Penetration of Automation in Manufacturing Processes to Catalyze Growth
“They are introducing advanced data integration services to gain a competitive edge over their contemporaries,” says TMR’s lead analyst. Some of the prominent players in the global system integration market are BAE Systems Plc, Accenture Plc, Computer Science Corporation (CSC), Cognizant Technology Solutions, Harris Corporation, Fujitsu Limited, IBM Corporation, Lockheed Martin Corporation, Infosys Technologies, Oracle Corporation, Hewlett-Packard Company, and Tata Consultancy Services Limited.
The opportunity at the global system integration market is poised to reach US$377.5 bn by 2020, expanding at a noteworthy CAGR of 10.9% from 2014 to 2020. On the basis of service, the infrastructural integration services will command the lion’s share throughout the forecast period. However, the application integration services will rise at an impressive CAGR of 11.3% between 2014 and 2020.
Get More Information: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2963
North America to Retain Dominance through 2020
Geographically, North America will account for the leading share until 2020. The growth of the region is supplemented by the significant investments made by governments in implementing system integration solutions across various departments. Asia Pacific is estimated to exhibit a tremendous growth rate during the same period. Improving economic conditions and rapid globalization are propelling the growth of the region. In addition, the Chinese government is investing in connecting rural areas and developing cities via the internet under the latest five-year plan. Such government initiatives are contributing to the growth of the region.
Rising Investments in Information Technology Infrastructure to Play a Vital Role in Market Growth
With the increasing investments in the information technology (IT) infrastructure, the global system integration market has been exhibiting robust development of late. The rising trend of automation and integrated approach in business and manufacturing processes is working in the favor of the growth of the market. Moreover, the advancements in cloud technologies, big data analytics, and virtualization are likely to be a shot in the arm for the market.
In recent times, local players are aiming to have a global presence and the international players are striving to penetrate deeper in the market. Enterprises worldwide are increasingly demanding for system integration services as they aim to reduce the overall operational cost. However, the high cost and time required for the effective implementation of these services are limiting their adoption across various small and medium-sized (SME) enterprises. Moreover, the shortage of international standard protocols for the communication among information technology sub-systems are adversely affecting the growth of the region.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide System Integration Market: Increasing Penetration of Automation in Manufacturing Processes to Catalyze Growth here
News-ID: 403975 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
