System Integration (Data, Cloud, and Network) Market Expected to Reach $331.76 Billion by 2018 - New Report by MarketsandMarkets
(PRWEB) September 28, 2014 -- The report “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 - 2018”, provides a comprehensive market and forecast analysis of the overall market, segmented by infrastructure integration services, application integration services, consulting, regions, and verticals.
The report covers all the major sub-segments of the system integration market and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) for those segments. This comprehensive coverage of the system integration market provides important inputs such as drivers, restraints, and opportunities in this market, profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the system integration market in the various verticals and regions.
Browse 92 market data tables and 24 figures spread through 190 pages and in-depth TOC on "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 - 2018"
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Demand for system integration solutions is showing amplified traction, owing to the rise of investment in innovative Information Technology (IT) infrastructure nowadays. Enterprises are increasingly employing enhanced techniques for integrating infrastructures and applications across the globe. Tier-1 players such as Accenture, Capgemini Group, Computer Sciences Corporation (CSC), Fujitsu Limited, IBM Corporation, Infosys Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation, Science Applications International Corporation, Tata Consultancy Services, and Wipro have shown massive interest in the development of overall industry.
Techniques such as Service-Oriented Architecture (SOA) have revolutionized the integration approach. The SOA approach develops a reusable arrangement of services that becomes part of an overall business-wide services repository. It provides open standards-based integration of the scheduling tool with variety of data sources. Advantages of SOA technique is that it eliminates platform dependence by using open standards-based interface specifications. It enables connecting to any data source system, has greater reusability and enterprise-wide applicability.
Various innovative solutions for integration such as integrating Building Energy Management Systems (BEMS) and demand response, Cyber Physical System (CPS) integration, Cloud Brokerage Services (CBS), and clinical integration are coming into focus. These integrations are possible only due to increase in the development of IT infrastructure globally. Such innovations are expected to promote investments in system integration techniques and tools.
MarketsandMarkets forecasts the system integration market to grow from $191.36 Billion to $331.76 Billion by 2018. This represents a Compound Annual Growth Rate (CAGR) of 11.6%.
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