Pune, India -- (SBWire) -- 02/27/2019 --System Integration Market research report works as a precious source of information with which businesses can accomplish a telescopic view of the current market trends, consumer's demands and preferences, market situations, opportunities and market status. The report provides all-inclusive study of current situation of the large-scale market along with several market dynamics. In addition, it also encompasses all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values.

System Integration Market accounted for USD 273.71 billion in 2016 growing at a CAGR of 8.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year the base year of calculation is 2016 and the forecast period is 2018 to 2025.

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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.

Global Company Share Analysis:

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.

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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system integration market by service segment indicates that the infrastructure integration services dominates in terms of size. This is largely due to the high demand by organizations to improve the existing network infrastructure and provide a strong platform for the adoption of cloud computing and IoT in the business landscape. Additionally, government bodies are also investing heavily in providing broadband and network connectivity to consumers located in underserved and rural locations.

System integration market segmentation by end-use indicates that the BFSI sector is anticipated to experience growth at a very rapid rate. Organizations operating in this sector are required to collect large amounts of consumer data of a very confidential nature. Moreover, the movement to the online platform and to mobile devices is providing impetus for the industry growth.

The system integration market in the Asia Pacific region is expected to witness high growth during the forecast timeframe owing to the increase in the number of SMEs and the provision of low cost service offerings in the region. Countries such as Philippines and India are hubs of consulting and outsourcing activities. This comprise large pools of highly skilled workforce with low hourly wages, allowing foreign players to adopt these services.

Major Market Drivers & Restraints:

- 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
- Market Segmentation: Global System Integration Market

Scope Of Report:-

- 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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