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 Size 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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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.
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.
Segment Analysis:
The global integrated systems market can be segmented by product, service, and end-use.
- By product, the integrated systems market includes an integrated platform and integrated infrastructure.
- Service-wise, the integrated systems market comprises professional services and managed services.
- Based on end-uses, the integrated systems market consists banking, financial services and insurance (BFSI), retail, healthcare, IT & telecommunication, manufacturing, and others.
Regional Analysis:
Mapping of the global integrated systems market includes regions namely North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
North America’s position as the market leader is quite secure as many of the service providers are based out of the region. In addition, the region is fast incorporating all the latest technologies to benefit from several industrial verticals optimally. The APAC is a market that is snowballing, and the booming economies are substantially revamping their infrastructure by deploying data centers and connecting them with existing IT infrastructure. Europe’s market is the second largest, and the region is receiving boosts from the infrastructural adoption of cloud-based technologies.
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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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