System Integration Market forecast Pdf - System Integration Market

System Integration Market Present Scenario and Growth Prospects 2017-2024: Global Market
Insights Inc.
System Integration Market size expected to achieve a significant growth from 2017 to 2024.
Advancements in cloud technology, virtualization, and increasing trend to implement
integrated operations in the organization will drive the system integration market demand.
Changing business
environment is forcing decentralization of processes to expand the business globally.
Moreover, digitization encourages the combination of distributed information technology
solutions to facilitate open & distributed architecture of business processes. It enables
integrating various software, such as Building Automation Systems (BAS), computerized
maintenance management systems (CMMS), building performance virtualization software,
and security software eliminating the cumbersome working of facility managements.
The other factors contributing to the industry demand include cost-effective IT solutions,
reduced data redundancy, data integrity, and better infrastructure management. This platform
also reduces response time as the operations can be managed through a single workstation,
reduced workforce requirements owing to streamlined processes thereby increasing the
efficiency of the business processes. Increased IT investments by governments and high
adoption of technology will further stimulate the industry growth.
However, lack of standardized framework and high cost of implementing system integration is
hindering the industry growth. Data theft and information security are limiting the adoption of
these services. Fully integrated systems provide unimpeded access to hackers thereby
allowing unauthorized access to the crucial information. Small defects in the security may
result in huge losses to the company as they provide major vulnerabilities to hackers.
Emerging information technology service providers & vendors and increasing adoption of
Bring Your Own Device (BYOD) platform create growth opportunities for the system
integration market participants. Moreover, cloud services offer potential growth opportunities,
which include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure
as a Service (IaaS).
The challenges faced by the marketers for this industry include integrating new technologies
in legacy systems owing to technical difficulties & compatibility aspects. Also, companies lack
technically sound professionals to operate this platform, which is limiting the industry growth.
By infrastructure integration services, the industry is segmented into cloud services, Building
Management System (BMS), integrated communication, network integration, and data
structure infrastructure management. Network integration infrastructure services is expected
to dominate the market over the forecast period. Its growth is attributed to the globalization of
businesses, which creates the need to integrate various locational infrastructure into one
coherent unit. Cloud services are increasingly deployed in various organizations owing to its
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