HYPER-CONVERGED INFRASTRUCTURE MARKET TO REACH USD 40.2 BILLION BY 2027 | CAGR 28% – FORENCIS RESEARCH

Hyper-Converged Infrastructure MarketΒ - Global Industry Analysis and Forecast 2020 to 2027

Global Hyper-Converged Infrastructure Market: Key Highlights

  • According to the new market research report Hyper-Converged Infrastructure Market by Component (Hardware, Software), by Enterprise Size (Small and Medium-Sized Enterprises and Large Enterprises), by Application (Data Center Consolidation, Backup Recovery, Critical Applications Virtualization, Remote Office or Branch Office, Virtualization Desktop Infrastructure (VDI) and Others), by End-User (BFSI, IT and Telecommunications, Government, Healthcare, Manufacturing, Energy and Utilities, Education and Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)”, the global Hyper-Converged Infrastructure Market is estimated to reach USD 40.2 Billion by 2027 at a CAGR of around 28% during the review period.
  • Hyper-Converged Infrastructure (HCI) 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.
  • Moreover, 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.

Hyper-Converged Infrastructure Market

Global Hyper-Converged Infrastructure Market: Key Market Dynamics

  • 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.
  • The Nutanix, a hyper-converged pioneer is offers an integrated backup and disaster recovery to protect virtualized applications.
  • 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 provides an integrated network component.
  • Small and medium-sized enterprises (SME) are adopting HCI which increase the overall business productivity. Also, it help to the boost the scalability and cost-efficiency offered by the HCI solution.

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Global Hyper-Converged Infrastructure Market: Regional Overview

  • Asia-Pacific:

The Asia-Pacific is witness to one of the major market player for the growth of HCI vendors during the forecast period. Also the China, Japan and India are having potential for the HCI market to grow in the projected period. Whereas, the growing awareness of data management through common interface at a reduced total cost of the user as well as using infrastructure-as-a-service (IaaS) solutions which is anticipate to boost the growth of the hyper-converged infrastructure market.  

  • Europe

The region is witness to increase the demand of the market in the forecast period with the wide range of product and services in the sector. Also, the European Cloud is enhancing the Europe in data driver innovation as well as it helps to create a digital single market in region. Moreover, the public as well as private is projected to investment is need to implement European Cloud initiates is more than USD 5.5 billion.

Furthermore, the cloud computing is anticipate to enhance by its contribution in European commission’s data strategy, digital strategy and industrial strategy. Hence, these trend will lead to boost the growth of the market in the forecast period.

Global Hyper-Converged Infrastructure Market: Key Players Overview

  • Hewlett Packard Enterprise Development LP:

The company helps to provide IT framework product and services as well as offers servers, software, data storage and cloud computing. The company provides Self-managing, self-optimizing, and self-healing which is an AI driven HCI which help to deliver simplicity, and efficiency for the environments. Moreover, in 2020 the company had announced the advance HPE SimpliVity 325 Gen 10 HCI with the 2nd Gen AMD EPYCTM processor, these will lead to enabling the remote workforce as well as deliver 50% lower cost per virtual desktop.

  • Cisco Systems, Inc.:

Cisco Systems, Inc. is an American multinational technology company which manufacture and develops hardware, software and telecommunication products. In 2018, the company has acquired Skyport Systems, to get Skyport’s intellectual property and network expertise for Cisco’s offerings. Whereas, the HCI combine, storage as well as networking in a single cluster. The HCI provides an advantages such as Simplicity and agility, Performance, Lower costs, Multicloud support, and Security and data protection.

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Published : 2020-08-05