System Integration Market accounted for USD 273.71 billion in 2016 growing at a CAGR of 8.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The report for system integration market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Some of the major players of the global system integration market are:
Accenture, BAE systems, FUJITSU, HP Development Company, L.P., IBM Corporation, Lockheed Martin Corporation, Tata Consultancy Services Limited, DXC Technology Company, Ericsson AB, Cognizant, CGI Group Inc., Wipro Limited, Informatica, MuleSoft, Inc., General Dynamics Corporation, Harris Corporation, Infosys Limited,Northrop Grumman Corporation, Raytheon Company, Leidos, Oracle, and others.
- The global system integration market is segmented on the basis of infrastructure integration service into building management system (BMS), cloud integration, integrated communication, data center infrastructure management (DCIM), network integration, and others.
- On the basis of applicationintegration service, the global system integration market is segmented into application integration, data integration, unified communication, integrated security software, integrated social software, and others.
- On the basis of consulting service, the global system integration market is segmented into application lifecycle management (ALM), business transformation, business process integration, and others.
- On the basis of vertical, the global system integration market is segmented into government, banking, financial services, and insurance (BFSI), consumer goods and retail, healthcare, manufacturing, oil, gas, and energy, telecommunication and IT, transportation and logistics, and others.
- On the basis of geography, the global system integration market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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- Concern for automation and integrated approach in business process
- Advancements in cloud technologies and virtualization
- High investment in distributed information technology system
- Development in automation sector
- High implementation cost and time
- Lack of standardizednetwork infrastructure
System integration is an IT process that deals with joining hardware, software, and networkingand storage products from several vendors as one large system. With help of system integration a company can align cheaper and preconfigured components. Apart from these advantages, system integration can also simplify contracting and vendor management by combining various subsystems into an integrated solution. It is widely applicable in government, banking, financial services, and insurance (BFSI), consumer goods and retail, healthcare, manufacturing, oil, gas, and energy, telecommunication and IT, transportation and logistics, and others.High investment in distributed information technology system and development in automation sector may act as the major driver in the growth of system integration market. On the other hand high implementation cost and time may hamper the market.
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