The
global Integrated
Systems Market is
expected to reach USD 24.02 billion by 2020, according to a new study by Grand
View Research, Inc. Accelerated business demands and intricate nature of IT
challenges is anticipated to drive the global integrated systems market demand
over the forecast period. The IT industry is highly dynamic in nature and
characterized by technological advancements and innovation. Every few years the
industry experiences tectonic shifts that re-shape IT. Shift in trend from
mainframes to client/server to internet computing has altered the way end-users
build, purchase, consume, and deliver technology.
In recent
times, the integrated systems market has witnessed significant shift, which may
be attributed to emergence of mobility, big data, social networking and cloud
computing. Smartphone proliferation has also impacted the IT industry, with the
advent of the BYOD phenomenon, and provides several market growth
opportunities. However, factors such as high deployment cost may pose a
challenge to market growth. Besides perceived complexity with regards to
installation of converged infrastructure solutions, they are viewed as an
expensive but necessary spending.
Browse
Details of Report @
http://www.grandviewresearch.com/industry-analysis/integrated-systems-market
http://www.grandviewresearch.com/industry-analysis/integrated-systems-market
Further key
findings from the study suggest:
- The integrated infrastructure segment is
poised for high growth over the next six years, which may be attributed to
strong revenue growth posted by a few key industry players such as VCE,
Cisco, etc.
- Integration and installation segment
accounted for substantial market share in 2013, and is expected to witness
high growth. Legacy data center infrastructure has several shortcomings
that fail to meet modern data center demand, and has resulted in rise in
integrated systems deployment. Further, integrated systems provide the
ability to replace aging systems and platforms, thereby combining multiple
systems into one platform.
- BFSI accounted for majority of the
integrated systems market in 2013, owing to high market penetration and
early adoption. Integrated systems installation enables the BFSI sector
support growth, expand network and offer new services to their customers.
It also plays a key role in reducing cost, space and power consumption
significantly.
- North America captured a sizeable amount
of the integrated systems market, which can be primarily attributed to
technological advancements and high market penetration. In addition, the
need to achieve agility and efficiency in enterprises may also catapult
the regional market demand over the forecast period.
- Key integrated systems market players
such as Oracle Corporation, Cisco Systems, VCE, Hewlett-Packard and IBM
focus on collaborations as it helps in technology exchange, joint sales
and marketing efforts, new market creation and new product development.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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