System Integration Market- Global Industry Analysis, Size, Share, Forecast 2014-2020

According to a new market report published by Transparency Market Research “System Integration Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, the global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the fastest growing regional market for system integration during the forecast period, growing at a CAGR of 13.5% from 2014 to 2020. Availability of resources and emerging local players in Asia Pacific are expected to drive the system integration market over the forecast period. Additionally, rapidly growing economies, globalization of various firms in Asia Pacific and large end user base is propelling the demand of system integration in Asia Pacific.

Browse the full System Integration Market (Infrastructure Integration Service, Application Integration Service and Consulting Service) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020 report at https://www.transparencymarketresearch.com/system-integration-market.html

The global system integration market is expected to be driven by high investment in information technology (IT) infrastructure boosting the demand for integrated systems, emerging technologies such as cloud and big data analytics and high investment in automation solutions. Despite these driving forces, high implementation cost and time and less number of integration standards in IT domain are some restraining factors for the growth of system integration market. Today, local firms are aiming to go global and global firms are looking forward to penetrate deeper in the market. In face of rising operational cost, various small, medium and large enterprises are demanding for system integration service as they aim to reduce the overall operational cost.

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