Global Converged Data Platform Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Convergence in networking refers to use of one network provider for networking services for voice, data, and video in a single network offering, instead of providing a separate network for each of these services. Convergence allows a business to use one network from one provider for all communication and cloud-based services. Growing Cloud Services Industry and rising adoption of remote office infrastructure are the key drivers for the growth of Converged Data Platform market. For instance, according to The Information Technology and Innovation Foundation (ITIF)- in 2020, the Spending on global cloud computing was estimated at USD 223 billion, up from USD 190 billion in the year 2019 and cloud companies listed on U.S. markets had more than USD 1 trillion in capitalization. Also, with the increasing government expenditure on infrastructure development and surging adoption from end use industries, the adoption & demand for Converged Data Platform is likely to increase the market growth during the forecast period. However, high initial investment for deployment of Converged Data Platform impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Converged Data Platform market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing demand from small and medium enterprises in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing IT infrastructure and rising penetration of smart devices and internet would create lucrative growth prospects for the Converged Data Platform market across Asia-Pacific region.
Major market player included in this report are:
Vmware Inc
Simplivity Corporation,
Scale Computing.,
Nutanix Inc,
Pivot3,
Nimboxx Inc.,
Cisco Systems, Inc.,
Maxta Inc,
Gridstore, Inc,
IBM,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
VMware
KVM
Hyper-V
By Application:
Virtual Desktop Infrastructure
Server Virtualization
Data Protection
By End Use Industries:
Healthcare
Government
Education
IT & Telecom
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Converged Data Platform Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors