Integrated Systems Market Size, Share & Trends Analysis grow at a compound annual growth rate (CAGR) of 18.4% from 2023 to 2030
The global integrated systems market size was valued at USD 26.46 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 18.4% from 2023 to 2030. Major networking, storage, management, and systems purveyors are foreseen to have a huge stake in the market as consumers progressively demand abridged deployments and fewer standalone solutions. Integrated systems demand huge investments in technology, channel partnerships, service delivery, and integration. The market is also foreseen to grow considerably as consumers trade single module performance for integrated service delivery, trending a phase change in data center infrastructure.
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The IT sector is evolving and has rapidly shifted from traditional silos. Over the last few years, the industry has experienced the emergence of integrated systems, wherein data center technologies are melded into pre-engineered and tested systems to operate as a whole. The underlying rationales for the aforementioned trend include reducing Total Cost of Ownership (TCO), lowering risk, and improving profitability. IT executives are increasingly considering integrated systems as an efficient way to enhance business agility. IT organizations focus on integrated systems adoption to support on-demand IT infrastructure and increase IT staff productivity and operational efficiency, which is expected to accelerate the market growth over the forecast period. Further, the benefits associated with integrated systems help end-users better respond to customer demands and tap several market growth opportunities effectively.
Product Insights
Based on product, the market is segmented into integrated platform/workload systems and integrated infrastructure systems. The integrated platform/workload systems segment accounted for the largest revenue share of around 53.3% in 2022. Integrated platforms are sold with additional pre-integrated customized system engineering and packaged software optimized to enable functions such as storage, application development, testing, and integration tools such as application development software, databases, testing, and integration tools. In contrast, integrated infrastructure encompasses storage, server, and network integrated to provide shared computer infrastructure.
The integrated infrastructure systems segment is estimated to register the fastest CAGR of 17.6% over the forecast period. The rise of autonomous driving technologies has also contributed to the growth of the safety segment in the market for integrated systems. Autonomous vehicles have many sensors and connectivity capabilities, enabling them to gather real-time data and make proactive decisions to avoid accidents. Furthermore, there is a growing concern for road safety and a need to reduce accidents and fatalities. Governments and regulatory bodies promote adopting integrated systems technologies to enhance road safety.
