Market Research Insights System Integration Market | Page 2

Companies in various sectors are expected to invest in developing their IT infrastructure. These investments
come in the form of new implementations or updates. The various verticals where system integration is
primarily expected to be implemented include banking, financial institutions, logistics, military,
telecommunications, and healthcare, retail, energy, and government institutions. Increasing demand from
these sectors provides great opportunities which in turn are expected to propel the overall market growth over
the forecast period.
Banking and Finance are anticipated to be the most lucrative industry in near future. Aviation industry is
expected to provide huge opportunities over the forecast period on account of globalization and increasing air
traffic. Development of new technologies which includes clinical integration, cyber-physical systems, energy
management system, and cloud service brokerage provides huge opportunities for overall industry growth.
System integration is segmented as application integration, consulting services, and infrastructure integration.
The introduction of dynamic scaling, utility pricing, and variable costing has been several characteristics in
infrastructure system integration. Further, cloud technology is also expected to hold a major share in near
future. Dynamic scaling helps users to use a single hardware and is one of the popular implementations within
organizations having fluctuating demand and moderate investment in IT infrastructure. Data centre
management, network integration, integrated communication, and building management are other popular
infrastructure system integration.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/system-integration-market
Unified communication, integrated security software, and data integration are the some of the main features
of application integration services. Data integration has been growing at a very fast rate and is expected to hold
a major share in the market. Business process synchronization, business transformation, and lifecycle
management are the key tasks undertaken by consulting service applications. Automated governance and
efficiency are the key reasons for implementation of business process integration. Vast use of network
management and cloud services has boosted the infrastructure system in recent years.
North America has been the major market on account of computerization. The dominance is expected to
continue with major demand from financial and government sector. High investments from the government
have led to innovative solutions for various departments. Regional demand is followed by Asia-Pacific mainly on
account of the high presence of emerging economies including India, China, and South Korea. Large scale
implementation in the retail, banking, IT and telecommunication has propelled the demand in this region.
Europe has shown a steady growth in recent however the market showed a decline owing the economic turmoil.