System Integration Market to See More Than 7% CAGR to 2021 Led by Cloud Integration
PUNE, India, November 17, 2016 /PRNewswire/ --
The system integration market size is estimated to grow from USD 269.62 billion in 2016 to USD 387.85 billion by 2021, at a CAGR of 7.5% fueled by the concern for automation and integrated approach in business process while cloud integration is expected to grow at the highest CAGR during the forecast period.
Complete report on system integration market spread across 129 pages, profiling 10 companies and supported with 66 tables and 46 figures is now available at http://www.reportsnreports.com/reports/271908-system-integration-market-alm-building-management-system-c2-c4isr-cloud-integration-iaas-data-integration-eai-integrated-communication-network-integration-integrated-security-software-soa-worldwide-forecasts-analysis-2013-2018-.html .
The system integration market is driven by factors such as the concern for automation &integrated approach in business process and advancements in cloud technologies & virtualization. However, high implementation costs, time constraints, and absence of frame work limit the growth of the integration market.
Cloud integration benefits such as scalability, no investment in hardware, utility style costing, location independence, and no single point of failure, promote the acceptance and implementation of cloud integration services and solutions. Thus, the cloud integration segment is expected to grow at the highest CAGR during the forecast period. The network integration segment is expected to hold larger share of the system integration market from 2016 to 2021.
Integrated social software segment is expected to grow at the highest CAGR and dominate the system integration market from 2016 to 2021, owing to increased transparency, better communication of business ideas&information, flexibility, and performance along with simplified operations.
APAC includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying system integration services and solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the rise in demand for system integration services and solutions in verticals such as BFSI and governments owing to increase in urbanization, regional economic growth, and rise in investment of businesses maintained by the government. Furthermore, North America is expected to have the largest market size by2021.
The report includes the study of key players offering services and solutions such as Tata Consultancy Services Limited (TCS) (India), Accenture PLC (Ireland), Computer Sciences Corporation (CSC) (U.S.), Ericsson (Sweden), Cognizant Technology Solutions Corporation (U.S.), CGI Group, Inc., (Canada), IBM Corporation (U.S), Wipro Ltd. (India), Informatica (U.S.) and MuleSoft Inc. (U.S.). Order a copy of System Integration Market by Infrastructure Integration (Building Management System and Cloud Integration), Application Integration (Unified Communication), Consulting Service, Vertical (BFSI), and Region - Global Forecast to 2021 research report at http://www.reportsnreports.com/purchase.aspx?name=271908 .
In the process of determining and verifying, the global system integration market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (60%) and Tier 3 (20%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (40%), Director Level (40%) and others (20%) from various key organizations operating in the system integration market. The primary interviews were conducted worldwide covering regions such as North America (60%), Europe (20%) and APAC (20%).
On a related note, another research on Healthcare Integration Market Global Forecast to 2021 says, the global healthcare IT integration market is to grow at a CAGR of 10.2% during 2016 to reach USD 3.73 billion by 2021. North America is expected to account for the largest shares followed by Europe, Asia-Pacific, and RoW. The interface/integration engines segment will continue to dominate the healthcare IT integration market. Companies like Infor, Inc., InterSystems Corporation, Cerner Corporation, Orion Health, Quality Systems, Inc., Interfaceware, Inc., Allscripts Healthcare Solutions, Inc., Epic Systems Corporation, Qualcomm Life, Inc., AVI-SPL, Inc., Corepoint Health and Oracle have been profiled in this 160 pages of research report available at http://www.reportsnreports.com/reports/528474-healthcare-integration-market-by-product-interface-engine-medical-device-integration-media-integration-by-service-implementation-support-training-by-application-hospital-laboratory-radiology-clinics-global-forecast-to-2021.html .
Explore more reports on the IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/ .
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