London, 05 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global System Integration Services Market 2014-2018, which is expected to grow at a CAGR of 6.09 percent during 2014-2018.
Governments in many developing countries are now taking several initiatives that have the potential to streamline Government and Public sector-related functions. This has resulted in increased demand for the integration of IT infrastructure and applications to enable the synchronization of back-office functions. These governments plan to rapidly introduce the concept of e-government in governmental institutions, schools, colleges, and universities. Work in Public sector enterprises is being automated, and IT parks are being established as special economic zones in developing countries such as China and India. Likewise, e-government initiatives in several other developing countries are driving the growth of the Global System Integration Services market.
“System integration services include a gamut of services that are focused on precise areas of technology,” says Faisal Ghaus, Vice President of TechNavio.
“It becomes important for enterprises to implement cutting-edge technologies to meet evolving demands in this market.”
Key Market Drivers
- Role of Enterprise Software among SMEs
- Increased Demand for Cloud Computing
- Increased Adoption of Integrated IT Infrastructure
- IT Initiatives by Governments in Developing Countries
Key Market Trends
- Growing Role of SOA-based Solutions
- Demand for Specialist System Integrators
- Emergence of High-margin Service Offerings
- Integration of IT Products and Services Procured from Multiple Suppliers
Key Market Vendors
- Accenture Inc.
- Fujitsu Ltd.
- IBM Corp.
- Lockheed Martin Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
