The Global Hyper-Converged Infrastructure Market is projected to reach a value of over USD 40.2 Billion by 2027 at a CAGR of around 28%.
Hyper-Converged Infrastructure is refer to a software defined IT framework which helps in virtualizing all the elements of hardware-defined systems. Whereas, it helps to deliver flexibility and clarity as compare to the legacy solutions. It is used to enhance the data center management with the transportation system for software and transaction instead of network of processor with storage devices. However, it helps to limit the need of installing a separate storage area network of network attached storage, by reducing the operating cost in an infrastructural system.
Market Driver:
The rising need for data protection and disaster recovery is witness to play a key driver in the growth of hyper converged infrastructure market in the forecast period. Whereas, the hyper converged architectures and network hardware with the hypervisor software lead to develop and create a virtual machine, which can help in disaster recovery functions to protect against any incident. Also, it helps to reduce cost, administrative burden and enhance the environment which can boost the market growth. However, it will support to build a hybrid cloud environments as well as the software defined nature of HCI which can enhance the public and private cloud to use as a replication for the disaster recovery.
Hence, the Nutanix, a hyper-converged pioneer is offers an integrated backup and disaster recovery to protect virtualized applications.
Market Challenges:
The one of the major concern issue for the hyper-converged infrastructure market is the high cost which may hamper the growth of the market. Whereas, most of the HCI solution does not provide an integrated network components. These means that application may never reach the performance from the HCI solution. However, many hyper-converged solution require purchase of third party installation software along with network switch as well as the networking software which boost the total cost of user.
Hence, high costs issues of hyper converged infrastructure market may restraint the growth of the market in the forecast period.
The report on the hyper-converged infrastructure market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Component, Enterprise Size, Application, End-Use, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Hyper-Converged Infrastructure Market, by Component
Hyper-Converged Infrastructure Market, by Enterprise Size
Hyper-Converged Infrastructure Market, by Application
Hyper-Converged Infrastructure Market, by End-User
Hyper-Converged Infrastructure Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE HYPER-CONVERGED INFRASTRUCTURE MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY