Technology Market Analysis Integrated Systems Market Research Report | Page 2
Hexa Research
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The integrated systems market is segmented on the basis of services, end-users, products, and
regions.
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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.
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