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 globalisation 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 organisations 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 computerisation . 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 . Manufacturing sector provides great opportunities in Europe especially in countries such as Germany , France and Austria .
South America and Africa is expected to witness a slow growth mainly on account of lack of IT infrastructure and absence or underdeveloped application industries . Key players in the market include Cognizant