Press release
Integrated Systems Industry forecast to grow at 15.0% CAGR from 2015 to 2022
Global Market Insights, Inc.
In these countries, IBM is expected to provide service monitoring, infrastructure maintenance, and multivendor support to MOL Group under this deal, which will favorably enhance integrated systems industry share. Integrated technology will help to avoid piracy increase cost savings. As per statistics, integrated systems market held revenue of USD 9.5 billion in 2014.
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Recently, it has come to light that HP has been contributing considerably to the ever-growing retail market by implementing new point-of-sale systems. The use of POS terminals has increased from the last decade pertaining to the digitalization across the various regions of the globe.
HP, on these grounds, has introduced ElitePOS, which offers flexibility in working due to its pleasant modular design. Estimates claim that integrated systems market from retail sector will collect a revenue of USD 5.8 billion by 2022.
Speaking about the financial and banking sector, various banks are upgrading their operating systems to favor secure money transactions. The implementation of such a system will also help to reduce the bank’s expenditure on human resources, thereby increasing the adoption of this product across the banking sector.
Statistics claim that the BFSI sector covered 25% of the overall integrated systems market share in 2014, owing to the rise in use of the product.
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The world is treading on the path of advanced IT infrastructure to improve the operational efficiency. Speaking of which, the data center is one of the notable innovations, which can be credited with the reduction in the number of physical devices that require human intervention. Many of the companies have been undertaking research and development activities to increase the speed of data centers as well as to produce energy efficient data centers.
The emergence of IoT is one of the key factors influencing integrated system market. The U.S. has also witnessed a huge growth in R&D sector of integrated systems. Regionally, U.S. integrated systems industry will surpass a revenue of USD 10.4 billion by 2022.
HP, IBM, and Oracle dominated integrated systems market by covering more than 50% of the overall share in 2014.
The other key participants in integrated systems market are Capgemini, Deloitte, Accenture, Fujits, Hitachi, Cisco, and Huawei. As per a statistical report, worldwide integrated systems market will surpass a revenue collection of USD 30 billion by 2022 with an annual growth rate of 15% over the coming five years.
Browse key industry insights spread across 132 pages with 77 market data tables & 39 figures & charts from the report, “Integrated Systems Market Size By Service (Maintenance & Support, Installation & Integration, Consulting Services), By Product (Integrated Infrastructure Systems, Integrated Platform/Integrated Workload Systems), By End-Use (IT & Telecom, Banking Financial Services and Insurance, Retail, Healthcare, Manufacturing), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
https://www.fractovia.org/news/industry-research-report/integrated-systems-market
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