Global integrated systems market will witness considerable expansion due to a growing demand for reviewing data center infrastructure. Deployment of integrated systems offers simplified management, high flexibility as well as cost savings to end-users.
Data centers have become a key component of telecom, BFSI, retail and healthcare sectors worldwide, necessitating the demand for reassessing infrastructure over the coming years. The integrated systems market across the globe will be worth more than USD 30.8 billion in yearly remuneration by 2022.
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MOL Group, a Hungary-based oil & gas company has tapped the tech services of IBM, one of the many giants in integrated systems market, as reported by reliable sources. MOL aims to accelerate its business growth and efficiency in petrochemical business, as it expands its regional presence across Slovakia, Croatia, and Hungary. In these countries, IBM is expected to provide service monitoring, infrastructure maintenance, and multivendor support to MOL Group under this deal, which will favorably enhance industry share. Integrated technology will help to avoid piracy increase cost savings. As per statistics, market held revenue of USD 9.5 billion in 2014.
Recently, it has come to light that HP has been contributing considerably to the ever-growing retail market by implementing new point-of-sale systems. The use of POS terminals has increased from the last decade pertaining to the digitalization across the various regions of the globe. HP, on these grounds, has introduced ElitePOS, which offers flexibility in working due to its pleasant modular design. Estimates claim that integrated systems market from retail sector will collect a revenue of USD 5.8 billion by 2022.
Speaking about the financial and banking sector, various banks are upgrading their operating systems to favor secure money transactions. The implementation of such a system will also help to reduce the bank’s expenditure on human resources, thereby increasing the adoption of this product across the banking sector. Statistics claim that the BFSI sector covered 25% of the overall market share in 2014, owing to the rise in use of the product.
The world is treading on the path of advanced IT infrastructure to improve the operational efficiency. Speaking of which, the data center is one of the notable innovations, which can be credited with the reduction in the number of physical devices that require human intervention. Many of the companies have been undertaking research and development activities to increase the speed of data centers as well as to produce energy efficient data centers. The emergence of IoT is one of the key factors influencing market. The U.S. has also witnessed a huge growth in R&D sector of integrated systems. Regionally, U.S. market will surpass a revenue of USD 10.4 billion by 2022.
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HP, IBM, and Oracle dominated integrated systems market by covering more than 50% of the overall share in 2014. The other key participants in market are Capgemini, Deloitte, Accenture, Fujits, Hitachi, Cisco, and Huawei. As per a statistical report, worldwide market will surpass a revenue collection of USD 30 billion by 2022 with an annual growth rate of 15% over the coming five years.
Major Key Points from Table of Content:
Chapter 4 Integrated systems Product Insights
4.1 Integrated systems market share by product, 2014 & 2022
4.2 Integrated Platform Systems
4.2.1. Market estimates and forecast, 2012-2022
4.2.2. Market estimates and forecast, by region, 2012-2022
4.3 Integrated Infrastructure Systems
4.3.1. Market estimates and forecast, 2012-2022
4.3.2. Market estimates and forecast, by region, 2012-2022
Chapter 5 Integrated systems Service Insights
5.1 Integrated systems market share by service, 2014 & 2022
5.2 Installation & Integration
5.2.1. Market estimates and forecast, 2012-2022
5.2.2. Market estimates and forecast, by region, 2012-2022
5.3 Consulting Services
5.3.1. Market estimates and forecast, 2012-2022
5.3.2. Market estimates and forecast, by region, 2012-2022
5.4 Maintenance & Support
5.4.1. Market estimates and forecast, 2012-2022
5.4.2. Market estimates and forecast, by region, 2012-2022
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