By 2022, Integrated Systems market to exceed $15 billion by Integrated infrastructure systems
Sep 12, 2019
Retail industry has accounted 18% of overall Integrated systems market share in the year 2014 and is likely to cross 5.8 billion till 2022.
Selbyville, United States - September 12, 2019 /MarketersMedia/ —
Integrated systems market trends for infrastructure have reached 4.5 billion in 2014 and are estimated to exceed USD 15 billion in 2022, thus bringing decent return on investment for enterprises along with conversion of former data centers into capable, reliable and sustainable operations. These systems comprise of extra software and tailored systems for supporting development of application, storage, integration and testing. It is estimated to rise by 14.8% CGAR in the year 2015 to 2022.
A significant growth in banking sector is also observed because of this new collaboration. It is projected to touch USD 8 billion in 2022 which was USD 2.8 billon in the year 2014. Moreover, retail industry has accounted 18% of overall Integrated systems market share in the year 2014 and is likely to cross 5.8 billion till 2022.
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Integrated systems market size was valued at USD 9.52 billion in 2014 and is anticipated to reach USD 30.8 billion by 2022, Rising need to reassess data center infrastructure is expected to fuel industry demand. In addition, implementation advantages such as simplified management, high flexibility and cost savings provided to end users are also likely to propel growth over the forecast period.
Key report insights suggest:
- Global demand in the banking financial services and insurance (BFSI) sector accounted for 25% of the total industry share in 2014, mainly on account of high adoption.
- Integrated platform system market was valued at over USD 4.5 billion in 2014. These products are mainly deployed to enable functions such as storage, integration tools, application development and testing.
- U.S. integrated systems market share accounted for around 35% of the total revenue in 2014 and is expected to continue dominating demand. This can be attributed to rising technology innovation and high penetration rate.
- Key providers to the integrated systems market include HP, Oracle, and IBM. Other players include Huawei, Accenture, Cisco, Deloitte, Capgemini, Hitachi, and Fujitsu. In addition to new product development, providers collaborate with virtualization vendors with the aim to expand presence.
Talking about some figures here, U.S. integrated systems market is expected to go beyond USD 10.4 billion till 2022. Asia Pacific was noticed USD 2.5 billion in the year 2014 and is likely to maintain continuous rising graph till 2022. Indian market is expected to cross USD 1.6 billion till 2022. Transformation in data center in promising countries like India and China has contributed a lot towards regional growth.
To view this report in detail along with the table of contents, please click the link below: https://www.gminsights.com/industry-analysis/integrated-systems-market-size
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Organization: Global Market Insights Inc.
Website: https://www.gminsights.com/pressrelease/integrated-systems-market-report
Source: MarketersMedia
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