System Integration Market expected to reach USD 393.10 Billion by 2020


(MENAFNEditorial) The global system integration market is expected to reach USD 393.10 billion by 2020, according to a new study by Grand View Research, Inc. Surge in system integration solutions' spending by companies has enhanced the management of Information Technology (IT) infrastructure, data integrity, and has substantially eradicated redundancies. Need for eliminating multiplicity, heterogeneity, and varying distinctiveness of key applications and infrastructures is expected to drive the system integration market over the forecast period.

The advent of cloud computing coupled with advancements in virtual technologies is expected to encourage system integration solution adoption. Developments in technologies such as Building Energy Management Systems (BEMS), clinical integration, Cloud Service Brokerage (CSB), and Cyber Physical System (CPS) integration are expected to provide new avenues for market growth. The system integration market has high growth potential over the next six years owing to the perennial need for open and distributed architectures. High implementation cost may deter SMEs and start-ups from implementing system management solutions.

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http://www.grandviewresearch.com/industry-analysis/system-integration-market


Grand View Research

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