Integrated Systems Market Size

Integrated Systems Market Size

Integrated Systems Market size was valued at USD 9.5 billion in 2014 and is likely to reach over USD 30 billion by 2022, at a CAGR of 15.0% over the next seven years.

Implementation advantages coupled with rising need to reassess data center infrastructure is anticipated to fuel the global industry demand over the forecast period. Shift in trend from mainframes to internet computing has changed the approach with which end-users purchase, consume, deliver and build technology.

IT & telecom integrated systems market size was valued at over USD 2 billion in 2014 and is expected to exceed USD 7 billion by 2022. Implementation of these systems offers several benefits such as cost savings, high flexibility and simplified management mainly to the end-users. Hardware components including network equipment and storage server are optimized and designed to function in collaboration in order to reduce overall IT labor cost.

Moreover, these systems could be easily managed with the assistance of a single console that simplifies automates workload, which in turn minimizes operational expenses. The above mentioned factors are likely to propel the demand growth over the coming few years.

High cost of deployment is anticipated to hinder integrated systems market share over the next few years. However, the system maintenance operating expense and progressive operating cost are explicably low when compared to the archival counterparts.