The converged data platform is a data centre management method that intends to decrease compatibility issues between storage systems, network devices, and servers by lowering cooling, power, floor space, and cabling costs. Standalone appliances, reference architecture, or a software-driven hyper-converged solution are used to create a converged data platform. This platform provides scalable architectural maintenance to a variety of platforms, including data services, telephony, and video via a specific device. Enterprise routing, firewalls, VPNs, voice switching, application services, Wi-Fi access, and WAN are just a few of the functions performed by converged data platforms.
MARKET SCOPE
The "Global Converged Data Platform Market Analysis to 2028" is a specialized and in-depth study of the Converged data platform market with a special focus on the global market trend analysis. The report aims to provide an overview of Converged data platform market with detailed market segmentation by hypervisor type, component, industry, and geography. The global Converged data platform market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Converged data platform market players and offers key trends and opportunities in the Converged data platform market.
MARKET SEGMENTATION
- The converged data platform market can be segmented by hypervisor type, application, vertical, and geography.
- By hypervisor type, the market can be segmented into VMware, KVM, and Hyper-V.
- On the basis of component, the market can be segmented into virtual desktop infrastructure, server virtualization, data protection and others.
- On the basis of industry vertical, the market has been segmented into financial Institutions, healthcare, government, education, and IT & telecom.
MARKET DYNAMICS
Drivers:
- Increase in the use of virtualization.
- High adoption of scalable solutions.
Restraints:
- End users do not have any control on the converged data platforms as only a vendor is responsible for any change all the authority rests with the vendor.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Converged data platform market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Converged data platform market in these regions.
IMPACT OF COVID-19 ON CONVERGED DATA PLATFORM MARKET
The COVID-19 pandemic has negatively affected the global Converged data platform market. The prioritization of healthcare and goals of curbing the disease from spreading in countries has slashed the budgets of renewable energy schemes. Reliance on solar modules and panels imported from China has affected the industry at large. The effect of the pandemic on auction bids and installations can derail future renewable energy investments. Policy changes that usher in flexibility in current models of electricity systems and calculate for losses during cloud cover and wind gusts can push the industry towards new horizons.
MARKET PLAYERS
The report covers key developments in the Converged data platform market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Converged data platformmarket market are anticipated to lucrative growth opportunities in the future with the rising demand for Converged data platform market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Converged data platform market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Vmware Inc
- Simplivity Corporation
- Scale Computing.
- Nutanix Inc
- Pivot3
- Nimboxx Inc.
- Cisco Systems, Inc
- Maxta Inc
- Gridstore, Inc
- IBM
- Hewlett Packard Enterprise Company