Global integrated systems market size is expected to reach USD 24.02 billion by 2020, growing at a CAGR of 16.9% from 2014 to 2020. Increasing need to re-evaluate data center infrastructure is expected to drive demand growth over the next six years. Shift in trend from mainframes to internet computing has altered the way end-users build, purchase, consume, and deliver technology. It updates the existing systems and platforms, thereby combining multiple systems into one platform.
Execution of integrated systems offers various benefits including cost savings, simplified management and high flexibility to the end-user. Hardware components such as storage server and network equipment are designed and optimized to work in collaboration, which thereby helps reduce the IT labor cost. In addition, it can be managed easily with a single console that streamlines automates workload, which further reduce the operational expenditure significantly.
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The aforementioned factors are expected to spur the demand over the forecast period. Integrated platform systems was valued over USD 3,000.0 million in 2013, growing at a CAGR of over 16% from 2014 to 2020. High initial cost is expected to pose a challenge to the growth of integrated systems market over the forecast period. However, the progressive operating cost and system maintenance expenses are excusably low when equated to the archival counterparts.
Integrated infrastructure systems were the leading product segment and were valued at over USD 3,500.0 million in 2013, growing at a CAGR of over 17% from 2014 to 2020. This can be attributed to transformation of traditional data centers into highly reliable, efficient and sustainable operations. In addition, strong revenue growth posted by a few key players such as VCE and Cisco among others is also spurring the global integrated systems market demand.
Installation & Integration services generated maximum revenue, valued over USD 4.5 billion in 2013 and expected to exceed USD 15 billion by 2020, with gains of over 17% from 2014 to 2020 owing to need for data center transformation.
Maintenance & Support services are expected to reach over USD 5,000.0 million by 2020. The immense rate associated with maintenance and support services is expected to decline slightly as companies move towards more simplified IT solutions. However, the costs associated with annual maintenance contracts and preventive maintenance contracts are inevitable, and may catapult demand over the forecast period.
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Banking Financial Services and Insurance (BFSI) industry was the largest end-use segment accounting for over USD 2,000.0 million in 2013. Segment revenue is expected to reach over USD 7,000.0 million by 2020 owing to high adoption rate.
Retail applications expected to be the fastest growing end-use segment over the forecast period. The segment enables complete systems supervision capabilities in store in order to decrease store system downtime. In addition, it also lowers total cost of ownership through proactive management of store systems. These factors are driving the overall demand for the segment.
North America integrated systems market was the largest regional industry, valued at over USD 2,500.0 million in 2013, growing at a CAGR of over 17% from 2014 to 2020. The primary factors expected to spur regional demand are the need to achieve agility and efficiency.
Asia Pacific was the second largest regional segment and accounted for over 25% of the total share in 2013. Data center transformation particularly in emerging countries such as India and China have also contributed positively towards the regional growth.
Competitive Market Share
The global integrated systems market share is highly consolidated, with the top three companies accounting for more than 60% of the total share in 2013.
Oracle emerged as the leading company and accounted for over 40% of the total share in 2013. Rest of the companies includes IBM, Hewlett and Packard (HP), Huawei, Hitachi, EMC Corporation and Cisco Systems Inc. among others accounted for approximately 40% of the industry share in 2013.
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