The
global market for system integration was valued at USD 191.36 billion
in 2013 and is expected to reach USD 377.59 billion by 2020, growing
at a CAGR of 10.9% during the forecast period from 2014 to 2020. In
terms of revenue, North America was the largest regional market for
system integration which accounted for 33.0% of the total system
integration market in 2013. Asia Pacific is expected to be the
fastest growing regional market for system integration during the
forecast period, growing at a CAGR of 13.5% from 2014 to 2020.
Availability of resources and emerging local players in Asia Pacific
are expected to drive the system integration market over the forecast
period. Additionally, rapidly growing economies, globalization of
various firms in Asia Pacific and large end user base is propelling
the demand of system integration in Asia Pacific.
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The
global system integration market is expected to be driven by high
investment in information technology (IT) infrastructure boosting the
demand for integrated systems, emerging technologies such as cloud
and big data analytics and high investment in automation solutions.
Despite these driving forces, high implementation cost and time and
less number of integration standards in IT domain are some
restraining factors for the growth of system integration market.
Today, local firms are aiming to go global and global firms are
looking forward to penetrate deeper in the market. In face of rising
operational cost, various small, medium and large enterprises are
demanding for system integration service as they aim to reduce the
overall operational cost.
Out
of all major market segments, infrastructural system integration was
the largest segment in terms of revenue generation in 2013 and is
forecast to maintain its dominance over the forecast period. This is
mainly due to the expected development of network management and
cloud based integration services in coming years. In 2013, data
integration was the largest segment in application integration
service segment which held the share of 28.2% of the total
application integration services market. However, integrated social
software segment is expected to grow at fastest CAGR of 11.3% during
the forecast period from 2014 to 2020. Banking, financial services
and insurance sector generated the maximum revenue for global system
integration market in 2013 and is expected to maintain its dominant
position throughout the forecast period. System integration market is
expected to grow significantly in defense sector in coming years.
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Geographically,
North America dominated the global system integration market in 2013,
accounting for the share of 33.0%. Emerging economies in Asia Pacific
such as China, India and Japan are expected to be the fastest growing
markets for system integration. Many local players in this region are
emerging as global market leaders and are expected to drive system
integration market in coming years.
The
global system integration market is fragmented in nature and players
such Accenture Plc, BAE Systems Plc, Cognizant Technology Solutions,
Computer Science Corporation (CSC), Fujitsu Limited, Harris
Corporation, Hewlett-Packard Company, IBM Corporation, Infosys
Technologies, Lockheed Martin Corporation, Oracle Corporation and
Tata Consultancy Services Limited among others hold the
distinguishable share in the global market.
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Global
System Integration Market, by Services Types
Infrastructure
Integration Service
- Network Management
- Data center Management
- Building Management Systems
- Security and Surveillance Management
- Cloud based Integration Management
- Enterprise Management
Application
Integration Service
- Data Integration
- Unified Communication
- Integrated Social Software
- Application Integration
Consulting
Services
- Business Process Integration
- Business Transformation
- Application Lifecycle Management
Global
System Integration Market, by End-use
- Banking, Financial Services and Insurance
- Defense
- Healthcare
- Telecommunication and IT
- Oil, Gas and Energy
- Transportation
- Retail
- Others (Pharmaceuticals, Public Sector, Education, Automotive)
Global
System Integration Market, by Geography
- North America
- Europe
- Asia Pacific
- RoW
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