System Integration Market to Grow at 6.29% CAGR to 2019 With Trend of System Integration as a Service Catching Up
PUNE, India, December 1, 2015 /PRNewswire/ --
The latest Global System Integration Market 2015 - 2019 report says system integration provides flexible, integrated, and real-time decision-making support for the top management in an organization. It improves the responsiveness across an organization. It enables better analysis and planning and comprehensive and integrated management of related businesses and the corresponding data.
Complete report on global system integration market spread across 64 pages, profiling 5 major companies and supported with 16 data exhibits is now available at http://www.reportsnreports.com/reports/443035-global-system-integration-market-2015-2019.html .
SOA refers to the integration of widely disparate applications for a web-based environment that works on multiple implementation platforms. This approach is useful in addressing the need for flexible systems and marketing analytics. Scope for SOA capabilities to experience rapid growth is expected during the forecast period because of the emergence of cloud computing and increased usage of smartphones for transactions and payments.
The analysts forecast the global system integration market to grow at a CAGR of 6.29% over the period 2014 - 2019. This market is a sub-segment of the IT services market, and it includes application development and maintenance, software and hardware deployment and support, and integration of IT application and IT infrastructure products. The global system integration market includes system integration services pertaining to infrastructure, ALM and application, and consulting.
The impact of IT can be witnessed across industries globally. With advancements in technology, companies are deploying emerging technologies to enhance their business processes. However, organizations need to take into account the costs involved in adopting these technologies. This has generated the demand for system integration services among enterprises. System integration services offer detailed business analysis and consulting services to assist businesses integrate their legacy technologies with new technologies, standardize business processes, and reduce complexity. Order a copy of Global System Integration Market 2015-2019 report @ http://www.reportsnreports.com/Purchase.aspx?name=443035 .
Application integration services, a segment of system integration services, address issues such as development, design, integration testing, and deployment to connect applications with modern architecture and platforms. Companies are increasingly adopting new technologies such as big data, and analytical and mobile solutions from multiple vendors. This has created a huge opportunity for system integrators as these solutions differ in architecture and specifications. System integration services help companies to integrate these hardware and software products sourced from a large pool of IT players. The system integration market is highly fragmented with the presence of a number of tier 1 and tier 2 players. However, established system integrators have developed expertise in areas such as SOA, cloud computing, convergence infrastructure, and mobile computing.
There is significant demand for system integration services from the BFSI, government, manufacturing, and telecommunications sectors. The report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. The major vendors contributing to the global system integration market are covered in this report. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market. The following companies are the 5 key players in the Global System Integration Market - Accenture, CSC, Fujitsu, HP and IBM.
And the other prominent vendors in the market are Atos, BT Global Services, Capgemini, Computer Science, Hitachi, Indra Sistemas, Infosys Technologies, Logica CMG, NEC and SAP.
Further, the report states that lack of understanding of the existing systems in businesses has been an issue for end users and poses a major challenge in the market.
Explore other new reports on information technology market at http://www.reportsnreports.com/market-research/information-technology/ .
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