Industry Overview
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.
Product Overview
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.
Service Overview
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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Application Overview
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.
Regional Overview
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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