Technology Integrated Systems Market Analysis | Page 2
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Services are divided into consulting, maintenance & support, and integration & installation. Integration &
installation are likely to grow at a lucrative pace till 2024. This owes to huge demand from several small,
medium and large enterprises. End-users comprise defense & energy, manufacturing, healthcare, retail,
educational institutes, information technology & telecommunication systems, and BFSI (Banking, Financial
Services, & Insurance).
Retail and manufacturing are estimated to experience robust growth in the eight years ahead. The retail sector
benefits from in-store supervision of complete systems, which reduces store system downtime. Such proactive
management lowers ownership costs. Revenues from BFSI could exceed USD 8.5 billion by 2024. Information
technology & telecommunication systems are also foreseen to garner high revenues in forthcoming years.
Products consist of pre-integrated systems, tested systems, and validated systems. Validated systems are
further split into integrated workload systems and integrated infrastructure systems. The latter is expected to
dominate the market in the forecast period.
North America, Europe, Latin America, Asia Pacific, and MEA (the Middle East & Africa) constitute the regional
market segments. North America reigns as a result of high market penetration and latest technological
deployments. Asia Pacific could be a key contributor to the global revenues. This would be triggered by data
centre transformations in the emergent economies of China and India.
Leading players in the worldwide integrated systems market encompass Cisco Systems Inc., Hewlett & Packard
(HP) Company, Oracle Corporation, IBM Inc., and Fujitsu Inc. Many companies ally with those offering cloud -
based storage and virtualization solutions for expanding their converged infrastructure inst allation.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-
category/communications-infrastructure-industry
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