What is Converged System?
Converged System is a type of data centre management approach that bundles computation, networking, servers, storage, and virtualization technologies into a complete appliance. This approach is rising in popularity because several firms are moving away from owning and managing their own hardware, which is expensive to adopting a more flexible self-service model, where the assets and resources can be utilized as per the demand. The converged system market can primarily be segmented into integrated systems, certified reference system and hyper converged system. Main goal of adopting or shifting to converged systems is to reduce the complexities in managing data centers. Enterprises that create cloud-native applications or operate an internal hybrid or private cloud value the ease of deployment of converged infrastructure. The approach is also suitable for SMEs as they adopt a pay as you grow model. Globally, North America is the dominant most market of the converged system.
The market study is broken down by Type (Integrated Systems, Certified Reference Systems and Hyper Converged Systems), by Application (Remote Office, Virtualization Desktop Infrastructure, Data Center Consolidation, Backup and Others) and major geographies with country level break-up.
Global growing adoption of cloud computing, and rising costs of managing hardware has led to significant growth of the converged systems. This allows firms to deploy and adopt flexible systems as per their demands, thus reducing the operational costs. Similarly, the growing concerns regarding data security need to be addressed by the converged system providers. North America is currently the leading market of the converged systems. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco Systems, Inc. (United States), Dell EMC (United States), IBM Corporation (United States), Hewlett Packard Enterprise (United States), Hitachi Vantara (United States), Microsoft Corporation (United States), Oracle Corporation (United States), NetApp Inc. (United States), Fujitsu Ltd. (Japan) and VMware Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are NEC Corporation (Japan), Lenovo Group Limited (China) and Huawei Technologies Co., Ltd. (China).
AdvanceMarketAnalytics has segmented the market of Global Converged System market by Type, Application and Region.
On the basis of geography, the market of Converged System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. BFSI will boost the Converged System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Converged System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Converged System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, IBM Corporation, the United States based global computing giant specialised in Cloud computing, business solutions and artificial intelligence has announced further promotion of its hybrid cloud growth strategy by acceleration of the approach. Simultaneously, the company aims to separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company. The two new industry leading entities packed with cutting edge expertise in their domains will drive IBM to new heights in open hybrid cloud platform and Artificial Intelligence.
- Hyper Converged Systems are rising in Popularity
- High Costs of Owning, Maintaining and Setting up Hardware by Individual Firms Specifically SMEs
- Increasing Investments in Data Centre Management
- SMEs are Increasing Becoming Participative in Adoption of Converged Systems on Pay-as-you-Grow Model
- Data Privacy and Security Remains the Major Concern among the Firms Adopting the Converged Systems
- Training of Employees to Operate and Understand the New Systems Operations
Key Target AudienceConverged System Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Cisco Systems, Inc. (United States), Dell EMC (United States), IBM Corporation (United States), Hewlett Packard Enterprise (United States), Hitachi Vantara (United States), Microsoft Corporation (United States), Oracle Corporation (United States), NetApp Inc. (United States), Fujitsu Ltd. (Japan) and VMware Inc. (United States) etc.
2. Can we have customized study for Converged System Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Converged System Market by 2026?
Analysts at AMA estimates Converged System Market to reach USD Million by 2026.