Converged Edge System Market is driven by the increasing demand for data protection and disaster recovery, by enterprises

-
The Industrial Internet of Things (IIoT) has barely started to grow in terms of connecting devices to the cloud, and already, bandwidth costs, performance constraints, and latency requirements have forced end-users and vendors to move toward more computing, analytics, and functionality distributed to the edge. This trend demands convergence and virtualization on edge gateways and servers. Converged edge system would empower end-users to standardize multiple services, systems, and applications for near-real-time analytics. Convergence and edge computing empowers end-users to implement actionable and useful applications on-premises, while filtering the data that is sent to the cloud through edge analytics. It simply does not make sense to send every sensor reading to the cloud.


Converged edge systems can store sensor data and use machine learning, physics-based simulations, and artificial intelligence (AI) on the data streams coming off any asset or process at any single location. As end-users of IIoT solutions need more edge analytics and edge computing, as many sectors collect more types of data in changing environments. Converged edge systems enable end-users to process and capture data from multiple protocols, reduce bandwidth, and lower response time. Converged edge systems solve problems in near real-time.

The global converged edge system market is primarily driven by the increasing demand for data protection and disaster recovery, by enterprises. This is primarily because converged edge system supports running legacy platforms and software, and new micro-services based applications on a hardware platform. These features enable enterprises to gain higher levels of operational efficiency through consolidating workloads running at the edge. Additionally, rising adoption of converged edge system among organizations in order to reduce operational expenditure (OPEX) and capital expenditure (CAPEX) is expected to boost the demand for converged edge system across the world. Moreover, converged edge system is a centrally managed solution that can be deployed and maintained with massive scale easily. This, in turn, is further accelerating the demand for converged edge system worldwide, as deployment is the biggest challenge for organizations.

Furthermore, rising demand for lowering of costs, IT simplification, business acceleration, and risk minimization among organizations are major factors driving the global converged edge system market. Increased flexibility, improved scalability, and enhanced agility of network edge solutions provided by converged edge system are key factors that are anticipated to boost the demand for converged edge system across the globe. However, disparate data needs to be collected from multiple sources, which is restraining the converged edge system market.


The global converged edge system market can be segmented based on component, enterprise size, industry, and region. In terms of component, the market can be segregated into software and hardware. Based on enterprise size, the global converged edge system market can be divided into small and medium enterprises and large enterprises. In terms of industry, the global converged edge system market can be classified into IT & telecom, industrial and manufacturing, oil and gas, and retail.

In terms of region, the global converged edge system market can be segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is estimated to expand at a substantial growth rate during the forecast period. This is primarily due to early acceptance of converged edge solutions by organizations in the region. The market in Asia Pacific is projected to expand significantly during the forecast period. The region is estimated to offer significant opportunities to the converged edge system market in the near future. Increase in industrialization and data storage concern among enterprises are propelling the demand for converged edge system. This, in turn, is driving the adoption of converged edge system in the region.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more