(PharmaNewsWire.Com, April 19, 2017 ) According to Publisher, the Global Service Integration and Management (SIAM) market is estimated at $2.76 billion in 2016 and is expected to reach $4.86 billion by 2022 growing at a CAGR of 9.8% from 2016 to 2022. Some of the factors fueling the market include cost-effectiveness of the SIAM Model and increasing number of service providers. However, reluctance in adoption of new technologies & services and lack of uniform SLAS and regulatory compliance are hindering the market.
Amongst End Users, manufacturing segment is anticipated to grow at the highest CAGR during the forecast period. Service Integration and Management help manufacturing industries to enhance working capital, optimize cost and improve process efficiencies. It also reduces the build and run cost of enterprise systems across the developed value chain and also forces the manufacturers in this sector to accept best practices along with other measures to continuously improve the quality of products and services. Europe held the largest market share owing to technological advancements, robust IT infrastructure and widespread acceptance of new technology. The rising potential power of multi-supplier ecosystem for vendors is driving the growth of the SIAM in this region. Moreover, China plays a vital role in the technological landscape of the APAC region. It is heavily dependent on the technological innovations.
Some of the key players in the market include HCL Technologies Limited, Wipro Limited, Hewlett- Packard Enterprise, Capgemini, Atos SE, Tata Consultancy Services Limited, Accenture, CGI Group Inc., Oracle Corporation and Fujitsu Ltd.
Organization Sizes Covered: -Large Enterprises -Small and Medium Enterprises
Services Covered: -Implementation -Automation -Advisory Solutions Covered: -Technology Solutions -Training and Support -Application -Infrastructure -Business Solutions -Contract Management -Governance, Risk, and Control -Auditing and Invoicing -Procurement
End Users Covered: -Retail -Energy and Utilitiy -Transport and Logistics -Banking, Financial Services, and Insurance -Manufacturing -Telecom -Other End Users
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
Company Profiling 11.1 HCL Technologies Limited 11.2 Wipro Limited 11.3 Hewlett- Packard Enterprise 11.4 Capgemini 11.5 Atos SE 11.6 Tata Consultancy Services Limited 11.7 Accenture 11.8 CGI Group Inc. 11.9 Oracle Corporation 11.10 Fujitsu Ltd.
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