By 2022 Integrated Systems Market is Anticipated to Reach USD 30.8 Billion
Date: 2019-02-04   Author: Ronak Bora  Category: #market

By 2022 Integrated Systems Market is Anticipated to Reach USD 30.8 Billion

Integrated Systems Market size was valued at USD 9.52 billion in 2014 and is anticipated to reach USD 30.8 billion by 2022, as per a new research report by Global Market Insights, Inc. 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.

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Consulting services accounted for over 16% of the integrated systems market share in 2014. This can be primarily attributed to cost-effective capabilities offered to end users on the basis of standards and new policies. Maintenance & support market size is anticipated to exceed USD 6 billion by 2022.

Installation along with integration services reached USD 6 billion in the year 2014 and these figures reflect its demand in small, medium and also large-scale industries. It is predicted that increase in demand for change in data center will expedite its growth in coming years. It can also be stated here that increase in requirement for agility and proficiency in industries will also fuel up the market in future.

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.

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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 share in the year 2014 and is likely to cross 5.8 billion till 2022.

U.S. 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.

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Top industry players like Oracle Corporation, Hewlett-Packard, and IBM emphasize more on collaborations as it accelerates technology exchange, marketing, and development of product. These companies have acquired 50% market share in 2014. Other prominent companies include Accenture, Deloitte, Fujitsu, Cisco, Hitachi and Huawei.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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