Integrated Systems Market size forecast to exceed $30.8bn by next seven years

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Integrated Systems Market size forecast to exceed
USD 30.8 billion by 2022 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Overview

• Integrated systems market size was earlier USD
  9.5 billion in the year 2014 and is expected to
  touch USD 30 billion in 2022 with a CAGR of 15
  according to study done by Global Market
  Insights. Thriving business demand and
  accelerated challenges in IT sector is projected
  to upsurge the demand of this market.
• The dynamic nature of IT industry is full of
  advancements and innovations. Transformation from
  mainframe servers to internet computing has
  changed the way with which customers build, buy,
  use, and deliver technology. IT
  telecommunication integrated systems market
  report touched USD 2 billion in the year 2014 and
  is estimated to cross USD 7 billion till 2022.
• Installation along with integration services
  reached USD 6 billion in the year 2014 and these
  figures reflect its demand in small, medium and
  also large-scale industries. It is predicted that
  increase in demand for change in data center will
  expedite its growth in coming years. It can also
  be stated here that increase in requirement for
  agility and proficiency in industries will also
  fuel up the market in future.

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Continued...

• Integrated systems market trends for
  infrastructure have reached 4.5 billion in 2014
  and are estimated to exceed USD 15 billion in
  2022, thus bringing decent return on investment
  for enterprises along with conversion of former
  data centers into capable, reliable and
  sustainable operations. These systems comprise of
  extra software and tailored systems for
  supporting development of application, storage,
  integration and testing. It is estimated to rise
  by 14.8 CGAR in the year 2015 to 2022.
• Talking about some figures here, U.S. market is
  expected to go beyond USD 10.4 billion till 2022.
  Asia Pacific was noticed USD 2.5 billion in the
  year 2014 and is likely to maintain continuous
  rising graph till 2022. Indian market is expected
  to cross USD 1.6 billion till 2022.
  Transformation in data center in promising
  countries like India and China has contributed a
  lot towards regional growth.

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Continued...

• A significant growth in banking sector is also
  observed because of this new collaboration. It is
  projected to touch USD 8 billion in 2022 which
  was USD 2.8 billon in the year 2014. Moreover,
  retail industry has accounted 18 of overall
  share in the year 2014 and is likely to cross 5.8
  billion till 2022.
• Top industry players like Oracle Corporation,
  Hewlett-Packard, and IBM emphasize more on
  collaborations as it accelerates technology
  exchange, marketing, and development of product.
  These companies have acquired 50 market share in
  2014. Other prominent companies include
  Accenture, Deloitte, Fujitsu, Cisco, Hitachi and
  Huawei.

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