The "Infrastructure Solution Integration Service Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The infrastructure solution integration service market is expected to reach a CAGR of 15.2% during the forecast period from 2021 to 2026.
Amazon Web Services, Inc.
Key Market Trends
Increasing Adoption of Mobility, Big Data, and Cloud Solution is Expected to Drive the Growth of the Market
Enterprises are increasingly incorporating hybrid and multi-cloud to deliver the enhance the experiences for their customers. Robust infrastructure solutions are essential for this transformation due to the rising complexity to manage, secure, and scale. To help enterprise customers with these challenges, in July 2020, Google expanded their partnership with Cisco to bring the best of Cisco and Google Cloud technologies together, with a solution: Cisco SD-WAN Cloud Hub with Google Cloud. This joint solution will help our customers simplify enterprise networking and advance security capabilities while enabling IT teams to minimize infrastructure costs and meet application service-level objectives.
Demand for the hybrid cloud solution and services has grown over the enterprise's environment evolution. Organizations are now facing the challenges of utilizing big data in their database for competitive advantage. It has pushed enterprises to adapt to hybrid cloud services. Some end-users such as BFSI, healthcare, instead of opting for a complete switch to the cloud, choose hybrid services. Such adoption measures have created an opportunity for a hybrid integration platform in the market. As technology is advancing, the number of devices that consumers use to initiate transactions is also proliferating, making the number of transactions increase. This rapid growth in data requires better acquisition, organization, integration, and analysis.
As businesses look to optimize their infrastructure from supply chains to core banking systems, enterprises are at a critical juncture in their cloud journey as they begin to modernize their most mission-critical workloads in search of more incredible speed and flexibility. With data often spread across disparate computing environments, clients embrace a hybrid strategy in which they're enabling applications to share data across clouds and on-premises domains. VMware and IBM have helped almost 2,000 enterprises on their hybrid cloud transformation, with clients such as American Airlines, Veritas, Fujifilm, Universidad Europea, and others adopting IBM Cloud and VMware solutions.
North America is Expected to Hold Major Share
The expansion of mobile broadband, growth in cloud computing, and Big Data analytics drive the demand for new data center infrastructures in the region. Moreover, the declining prices of servers have increased the adoption of cloud computing businesses across North America, which is expected to fuel the demand for DCIM over the forecast period. For instance, in April 2019, Amazon announced to invest in three renewable energy projects in Ireland, Sweden, and the United States to power all Amazon Web Services (AWS) data centers with 100% renewable energy. Additionally, Facebook also announced to build four additional data centers at its cloud campus in Papillion, Nebraska, to meet the growing demand for larger storage space.
Moreover, the government is concentrating on building out 5G networks and improving internet services in rural parts of the country that are expected to grow the market for integration services for IT infrastructure solutions. For instance, the US federal government plans to build a centralized 5G wireless network across the country by 2021. Recently, the White House released its National Strategy to Secure 5G of the US, mainly focusing on upgrading and securing 5G infrastructure at home and abroad. Moreover, stable financial and banking sector in both the United States and Canada, due to recovering the oil and gas sector, a primary contributor to the region's economy, is increasingly tending toward quality digital services with the help of infrastructure solution integration service vendors.
Key Topics Covered:
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Adoption of Mobility, Big Data, and Cloud Solution
4.2.2 Rising Trend of Various Outsourcing Activities
4.3 Market Restraints
4.3.1 Concerns Related to the Data Security and Privacy
4.4 Industry Attractiveness - Porter's Five Force Analysis
4.5 Assessment on the impact due to COVID-19
5 MARKET SEGMENTATION
5.1 By Component
5.2 By Deployment Type
5.3 By End-User Industry
5.4.1 North America
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 INVESTMENT ANALYSIS
8 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/a5811h
View source version on businesswire.com: https://www.businesswire.com/news/home/20210330005570/en/
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