Sector convergence

Sector convergence describes the dependent development of autonomous sectors. The term is used both to describe the price development of markets and to describe the increasing merging and networking of sectors.

When individual sectors of an overall market rise or fall together, we speak of sector convergence. In contrast, one speaks of sector divergence when individual sectors no longer confirm the movements of the overall market.

Examples

Dependent development of markets

Convergence of the financial , information technology and energy sectors

Convergence of pricing for different energy sources

Growing closer together and networking

in the field of renewable energies
in the field of information and communication technology (ICT) ( software , hardware , telecommunications and media )
in the area of social space analysis / social space research ( neighborhood )

Individual evidence

↑ ^a ^b ^c Holger Galuschke, Sebastian Storfner, Frederik D. Altmann, Björn Borchers: Trading worlds: the right strategy for every type . FinanzBook Verlag, 2009, p. 368 ( full text in Google Book Search).
↑ ^a ^b Stadtwerkestudie 2019. Ecosystems and convergence as growth opportunities for municipal utilities. Ernst & Young, January 30, 2008, accessed August 27, 2019 .
^ Ingrid Schumacher, Philip Würfel: Strategies for electricity procurement in companies . Optimize energy purchasing, costs. Springer-Verlag, 2015, p. 163 ( full text in Google book search).
↑ Philip Würfel: Unter Strom: The new rules of the electricity industry . Springer-Verlag, 2017, p. 297 ( full text in Google Book Search).
^ Opinion on the Green Paper consultation: A framework for climate and energy policy up to 2030. (PDF) Consultation of the European Commission. In: BDEW Bundesverband der Energie- und Wasserwirtschaft eV www.bdew.de, archived from the original on August 11, 2013 ; accessed on August 28, 2019 .
^ Jochen Wulf: Analysis and design of value production strategies and business models in the telecommunications industry . Universitätsverlag of the TU Berlin, 2012 ( full text in the Google book search).
↑ Monika Alisch, Michael May: Competencies in social space: social space development and organization as a transdisciplinary project . Barbara Budrich, 2008, p. 218 ( full text in Google Book Search).

[G-S-A-B_TRADINGWELTEN-1] Holger Galuschke, Sebastian Storfner, Frederik D. Altmann, Björn Borchers: Trading worlds: the right strategy for every type . FinanzBook Verlag, 2009, p. 368 ( full text in Google Book Search).

[EY_STADTWERKESTUDIE-2] Stadtwerkestudie 2019. Ecosystems and convergence as growth opportunities for municipal utilities. Ernst & Young, January 30, 2008, accessed August 27, 2019 .

[3] Ingrid Schumacher, Philip Würfel: Strategies for electricity procurement in companies . Optimize energy purchasing, costs. Springer-Verlag, 2015, p. 163 ( full text in Google book search).

[4] Philip Würfel: Unter Strom: The new rules of the electricity industry . Springer-Verlag, 2017, p. 297 ( full text in Google Book Search).

[5] Opinion on the Green Paper consultation: A framework for climate and energy policy up to 2030. (PDF) Consultation of the European Commission. In: BDEW Bundesverband der Energie- und Wasserwirtschaft eV www.bdew.de, archived from the original on August 11, 2013 ; accessed on August 28, 2019 .

[6] Jochen Wulf: Analysis and design of value production strategies and business models in the telecommunications industry . Universitätsverlag of the TU Berlin, 2012 ( full text in the Google book search).

[7] Monika Alisch, Michael May: Competencies in social space: social space development and organization as a transdisciplinary project . Barbara Budrich, 2008, p. 218 ( full text in Google Book Search).