Market Overview:
Transactions of any kind now mostly rely on data centers and their better performance depends on integrated systems. Technological advancements that are guiding the integrated systems into combining networking, storage and compute have evolved much to provide accurate service. Customers get loosely coupled environment which is more accessible than complex interdependencies for them to work in. This includes agility and ushers in automation in business processes. The Global Integrated Systems Market is anticipated to grow with a stellar 16% CAGR during the forecast period (2017-2023) and scale a market valuation of USD 30 billion. Market Research Future, (MRFR), in a profound analysis of the integrated systems market, incorporates several growth enablers that can have a well-chalked impact and covers segments that can provide reliable predictive analysis. Among the many drivers, integrate deployment techniques, and modern application development are proving beneficial. Data center infrastructure functionalities can significantly boost the market by including platforms based on social, mobile and real-time communication devices. Business and global expansion, financial efficiency and core competency are added benefits that one can achieve by using it.
However, technological integration in the process is really cumbersome and setting up a new business ecosystem is both time-consuming and costly. These can hinder the integrated systems market growth during the review period.
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Segmentation:
The global integrated systems market can be classified on the basis of product, service, end-use, and region. On the basis of product, the segment is further classified into integrated platform and integrated infrastructure. On the basis of service, the segment is further classified into professional and managed services. The managed services segment can be further classified into maintenance, support, installation and integration. The professional services can be segmented into consulting services. The integrated systems can be deployed in various verticals such as BFSI, telecom, healthcare, retail, manufacturing, and many more.
Key Players:
Some of the key players in the global integrated systems market are Cisco Systems, Inc. (U.S.), Honeywell International Inc. (U.S.), Johnson Controls International Plc (U.S.), Schneider Electric SE (France), United Technologies Corporation (U.S.), Fujitsu (Japan), IBM Corporation (U.S.), Huawei Technologies Co., Ltd.(China), Hitachi, Ltd.(Japan), Emerson Electric (U.S.), Robert Bosch GmbH(Germany) among others. Prominent vendors are constantly investing in research and development to deploy cost-effective integration solutions.
Regional Analysis
The global integration systems market is studied for North America, Europe, Asia Pacific, and Rest of the world. North America dominates the market for integrated systems. Due to the availability of large IT market and developed cloud data centers in the region is driving the market. Asia Pacific is about to witness rapid growth in the global integrated systems market. Increase in demand for cloud-based services, and adoption of integration systems across major verticals is driving the market in the region. Japan is anticipated to increase their spending on technology integrated solutions in the forecast period, which is driving the market for integration system.
Industry Trends:
Beckhoff Automation has recently showcased a new way of approaching integrated systems by including audio-visual mediums into their parameters. On the other hand, their rival Draco Tera has IHSE control system that can connect bidirectional signal distribution of high definition video, audio, and data over Cat X with remote servers without delay in transmission and the system is effectively working in air control centers of Frankfurt Airport. Black Box’s AV solutions, such as Coalesce Meeting Place Edition, In-Session Meeting Room Booking System and others, provide improved control, quality, and collaboration with the control room.
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Intended Audience
- System Integrators
- Software developers
- Testing
- IT Providers
- Infrastructure agencies
- Research Firms
- Value-added resellers
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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