Integrated systems are
easily managed through a single console leading to lesser operational
expenditure. They simplify processes, reduce costs, and are highly flexible.
These advantages along with the escalating need to reexamine data center
infrastructure are fueling market growth.
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However, high deployment
costs are a major challenge to widespread adoption of such systems in the
coming years.
The integrated systems
market is segmented on the basis of services, end-users, products, and regions.
Services are divided into
consulting, maintenance & support, and integration & installation.
Integration & installation are likely to grow at a lucrative pace till
2024. This owes to huge demand from several small, medium and large
enterprises. End-users comprise defense & energy, manufacturing,
healthcare, retail, educational institutes, information technology & telecommunication
systems, and BFSI (Banking, Financial Services, & Insurance).
Retail and manufacturing
are estimated to experience robust growth in the eight years ahead. The retail
sector benefits from in-store supervision of complete systems, which reduces
store system downtime. Such proactive management lowers ownership costs.
Revenues from BFSI could exceed USD 8.5 billion by 2024. Information technology
& telecommunication systems are also foreseen to garner high revenues in
forthcoming years.
Products consist of
pre-integrated systems, tested systems, and validated systems. Validated
systems are further split into integrated workload systems and integrated
infrastructure systems. The latter is expected to dominate the market in the
forecast period.
North America, Europe,
Latin America, Asia Pacific, and MEA (the Middle East & Africa) constitute
the regional market segments. North America reigns as a result of high market
penetration and latest technological deployments. Asia Pacific could be a key
contributor to the global revenues. This would be triggered by data centre
transformations in the emergent economies of China and India.
Leading players in the
worldwide integrated systems market encompass Cisco Systems Inc., Hewlett &
Packard (HP) Company, Oracle Corporation, IBM Inc., and Fujitsu Inc. Many
companies ally with those offering cloud-based storage and virtualization
solutions for expanding their converged infrastructure installation.
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