Integrated Systems Market Size, Share & Trends Analysis Report By Product (Integrated Platform/Workload Systems, Integrated Infrastructure Systems), By Service, By End Use, By Region, And Segment Forecasts, 2023 - 2030

Integrated Systems Market Size, Share & Trends Analysis Report By Product (Integrated Platform/Workload Systems, Integrated Infrastructure Systems), By Service, By End Use, By Region, And Segment Forecasts, 2023 - 2030

Integrated Systems Market Growth & Trends

The global integrated systems market size is anticipated to reach USD 101.86 billion by 2030, as per a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 18.4% from 2023 to 2030. Accelerated business demands and intricate nature of IT challenges is anticipated to drive the global integrated systems market demand over the forecast period. The IT industry is highly dynamic in nature and characterized by technological advancements and innovation. Every few years the industry experiences tectonic shifts that re-shape IT. Shift in trend from mainframes to client/server to internet computing has altered the way end-users build, purchase, consume, and deliver technology.

In recent times, the integrated systems market has witnessed significant shift, which may be attributed to emergence of mobility, big data, social networking and cloud computing. Smartphone proliferation has also impacted the IT industry, with the advent of the BYOD phenomenon, and provides several market growth opportunities. However, factors such as high deployment cost may pose a challenge to market growth. Besides perceived complexity with regards to installation of converged infrastructure solutions, they are viewed as an expensive but necessary spending.

Integrated Systems Market Report Highlights

• The integrated platform/workload systems segment accounted for the largest revenue share of around 53.3% in 2022
• Based on service, the market is segmented into integration & installation, consulting, and maintenance & support. The integration & installation segment accounted for the largest revenue share of around 63.7% in 2022 and is estimated to register the fastest CAGR of 18.9% over the forecast period.
• The BFSI segment accounted for the largest revenue share of around 33.4% in 2022 and is estimated to register the fastest CAGR of 20.5% over the forecast period. The growing trend of mobile banking and digital transactions has significantly increased the demand for integrated systems within the BFSI sector.
• North America dominated the market and accounted for the largest revenue share of 34.2% in 2022, owing to technological advancements and high market penetration of integrated systems.

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