Global System Integration market to grow from USD 267.84 Billion in 2016 to USD 391.58 Billion by 2021
The Global System Integration market to grow from USD 267.84 Billion in 2016 to USD 391.58 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 7.89%. The year 2016 has been considered as the base year, while the forecast period is upto 2021.
The evolving innovative technologies and methodologies are demanding the rise of integration of new software and hardware packages and thereby providing more specialized and specific applications to the users. System integration ensures the cost-effective and predefined components in communication infrastructure that help the company to achieve key business goals. Emerging IT trends such as big data analytics, cloud computing and high investment in automation solutions are expected to propel the system integration market. Enterprises and the organizations across the globe are switching from the decentralized, heterogeneous and complex infrastructure of distributed system to the integrated system and hence, moving ahead in the growing competition aiming long-term sustainability.
Increasing concern towards automating business processes and rising trend of cloud technologies and infrastructure visualization are some of the factors that fuel market growth. Furthermore, increasing adoption of bring your own device (BYOD) and choose your own device (CYOD) strategy among workforce boost the prospects for system integration market. However, lack of standardize framework and complexity related to integration of legacy systems limits the market growth.
Among the consulting services, system Integration market by the business process integration is projected to grow at the highest compounded annual growth rate during the forecast period. On the other hand, due to data security threats and cyber-attacks the security integration services/integration market is likely to see the growth in demand. Among verticals, manufacturing segment is projected to grow at the highest compounded annual growth rate during the forecast period. However, the government vertical is likely to hold the largest market size.
Segments Covered:
The report segments the system integration market by infrastructure integration services, application integration services, consulting services and vertical. The infrastructure integration services segment includes building management system, cloud integration, data center infrastructure management, network integration, integrated communication and others. The application integration services segment includes application integration, data integration, integrated security software, unified communication and others. The consulting services segment includes application lifecycle management, business process integration and others. The vertical segment includes banking, financial services & insurance, consumer goods, energy & utilities, government, healthcare & life sciences, manufacturing, retail, telecommunication & it, transportation & logistics and others.
Companies Profiled:
The companies covered in the report include Accenture PLC – NYSE:ACN, CGI Group – NYSE:GIB, Cognizant Technology Solutions Corporation – NASDAQ:CTSH, Computer Sciences Corporation – NYSE:CSC, Ericsson – NASDAQ:ERIC, IBM Corporation – NYSE:IBM, Informatica, Mulesoft, Tata Consultancy Services Limited – NSE:TCS and Wipro Limited – NSE:WIPRO.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America leads the global system integration market followed by Europe and Asia-Pacific.The system integration market in Asia-Pacific is projected to reflect highest CAGR over the forecast period.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of system integration globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of system integration. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the system integration market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.
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Table Of Content:
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Global System Integration Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. Porter’s Five Forces Analysis
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3.4. Competitive Landscape in the System Integration Market
4. Global System Integration Market Analysis, by Infrastructure Integration Services (USD Billion), 2015 – 2021
4.1. Building Management System
4.2. Cloud Integration
4.3. Data Center Infrastructure Management
4.4. Network Integration
4.5. Integrated Communication
4.6. Others
5. Global System Integration Market Analysis, by Application Integration Services (USD Billion), 2015 – 2021
5.1. Application Integration
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