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%.
Pune, India - July 6, 2017 /MarketersMedia/ —
Introduction:
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.
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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.
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.
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.
The companies covered in the Global System Integration Market report:
1) Accenture PLC – NYSE:CAN
2) CGI Group – NYSE:GIB
3) Cognizant Technology Solutions Corporation – NASDAQ:CTSH
4) Computer Sciences Corporation – NYSE:CSC
5) Ericsson – NASDAQ:ERIC
6) IBM Corporation – NYSE:IBM
7) Informatica, Mulesoft
8) Tata Consultancy Services Limited – NSE:TCS
9) Wipro Limited – NSE:WIPRO.
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Source: MarketersMedia
Release ID: 215103
