System Integration Market worth $331.76 Bn by 2018

Tuesday 14 January 2014, Amsterdam

Augmentation of the spending for system integration solutions by enterprises has resulted in improved management of Information Technology (IT) infrastructure, data integrity, and reduced redundancies. It has eradicated the heterogeneity, multiplicity, and varying distinctiveness of key applications and infrastructures. System integration brings cost-effective and a solitary solution for IT infrastructure and application software available globally. It is expected that future outlook for growth in the system integration market will continue to remain bright as businesses continue to search for open and distributed systems/architectures.

This new report has segmented the system integration market by type of infrastructure integration services: Building Management System (BMS), cloud integration (Infrastructure-as-a-Service (IaaS)), Command and Control (C2)/Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR), integrated communication, Datacenter Infrastructure Management (DCIM), and network integration; by type of applications integration services: application integration, data integration, unified communication, integrated security software, and integrated social software; by type of consulting: application lifecycle management, business transformation, and business process integration; by verticals: aviation and marine systems, Banking, Financial Services, and Insurance (BFSI), consumer goods and retail, defense, healthcare, manufacturing, oil, gas, and energy, telecommunication and IT, and transportation and logistics; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).

Analysts forecast the system integration market to grow from $191.36 billion in 2013 to $331.76 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 11.6% from 2013 to 2018.