Zion Market Research, the market research group announced the analysis report titled "System Integration Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021"
Sarasota, FL -- (SBWIRE) -- 10/12/2017 -- An engineering process or phase that joins different subsystems or components into one large system is known as system integration (SI). It takes care that each integrated subsystem functions as required. System integration provides with new functionalities by connecting functions of different systems, which in turn adds value to a system. The major focus of industries using technology has been the agglomeration of different component systems or subsystems that collaborate to deliver a whole functionality. Companies are increasingly adopting advanced system integration technology for the purpose of improved efficiency and productivity along with reduced costs majorly owing to increasing levels of business process complexity due to growing networks and large volumes of data to be managed.
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High investments in IT have created a huge demand for the system integration market. There are many emerging technologies such as big data and cloud that support system integration market. Cloud implementation and big data solutions implementation is the latest trend in the information technology systems market. Hence, companies are adopting the integration of their data with the adoption of these technologies such as big data and cloud providing added advantages to the companies implementing it. Development in automation sector is driving the global system integration market.
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System integration market is segmented on the basis of system integration service type, end-user industry, and geography. On the basis of type, the system integration market is broadly segmented as infrastructure system integration services, application system integration services, and business consulting services. The infrastructure system integration services segment is further sub-segmented as network management, data center management, building management, security and surveillance management, cloud-based integration management, and enterprise management. The application system integration services segment is further sub-segmented into data integration, unified communication, integrated social software, application integration, and others. Further, the business consulting services segment is sub-segmented as business process integration, business transformation, and application lifecycle management. The global system integration market is segmented on the basis of end-user industry into banking, financial services, and insurance, defense, healthcare, telecommunication and IT, oil gas and energy, transportation, retail and others. The others segment is further sub-segmented as pharmaceuticals, public sector, education, and automotive.
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On the basis of geography, the system integration market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). Asia Pacific is anticipated to be the dominated player for the system integration market mainly owing to many local players in China and India which are dominating and holding the maximum market shares.
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Some of the major players in the system integration market are Accenture Plc., BAE Systems Plc., Capgemini S.A., Computer Sciences Corporation (CSC), Fujitsu Limited, General Dynamics Corporation, Harris Corporation, IBM Corporation, and Infosys Technologies. Other key players of the global market are Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Leidos Corporation, Tata Consultancy Service Limited, and Wipro Limited.
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