Service Integration and Management (SIAM) Market to Reach $4.3 Billion by 2021: Analysis By Solution, Service, Organization Size & Vertical
DUBLIN, September 7, 2017 /PRNewswire/ --
The "Service Integration and Management (SIAM) Market - Global Forecast to 2021" report has been added to Research and Markets' offering.
The service integration and management (SIAM) market size is expected to grow from USD 2.85 Billion in 2016 to USD 4.35 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 8.8%. The major drivers for the upsurge in demand for SIAM services include cost effectiveness of SIAM model and realizing the potential supremacy of multi-supplier ecosystem.
The scope of this report covers the service integration and management market analysis by solution, service, organization size, vertical, and region. The automation services segment is expected to grow at the highest CAGR during the forecast period. Advisory services segment is one of the most essential parts of the service management. They help enterprises to assess different technology strategies and in doing so, align their technology strategies with their business or process strategies.
The SIAM solutions help the organizations to build resilient and scalable functional business processes in order to automate business, improve customer interactions, and enhance business policies. The solution providers also execute the plan, analyses, and report to improve the business flow to generate large revenues.
Large enterprises are expected to grow at the highest CAGR during the forecast period. As large enterprises are already involved in integrating various services and are shifting to SIAM to concentrate on different core business regions. They majorly focus on maintaining supplier relations to deliver high quality of business services to their commercial clients.
Manufacturing vertical is expected to grow at the highest CAGR during the forecast period. Manufacturers are adopting IT technology and services to streamline their supply chains, drive improvements through better business insight, maximize the performance of their manufacturing facilities, and stay ahead of the innovation curve. SIAM helps manufacturing industries to enhance process efficiencies, improve working capital, and optimize cost. Service integration reduces the build and run the cost of enterprise systems across the manufacturing value chain and also forces the manufacturers in this sector to adopt best practices along with other measures to continuously improve the quality of products and services.
Companies Mentioned
- Accenture
- Atos Se
- Capgemini
- CGI Group Inc.
- Fujitsu Ltd.
- HCL Technologies Limited
- Hewlett- Packard Enterprise
- Oracle Corporation
- Tata Consultancy Services Limited
- Wipro Limited
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Service Integration And Management Market Analysis, By Solution
8 Service Integration And Management Market Analysis, By Service
9 Service Integration And Management Market Analysis, By Organization Size
10 Service Integration And Management Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
14 Key Innovators
For more information about this report visit https://www.researchandmarkets.com/research/7rd8rx/service
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