Hyper-Converged Infrastructure Market Size, Share & Analysis

 

Hyper-Converged Infrastructure Market

The Hyper-Converged Infrastructure Market was calculated at USD 7,800 million in 2020 and anticipated to expand at a CAGR of 28.1% during the forecast period (2021-2028).

The factors driving the growth of Hyper-Converged Infrastructure Market includes emerging need to modernize the data centers around the world, increase in the number of digital businesses, rising trend of desktop virtualization and growing adoption of hyper-convergence solutions by the end industry users such as Healthcare and IT & Telecom. Moreover, the increasing investments by leading players on Hyper-Converged Infrastructure (HCI) services, growing popularity of Infrastructure-as-a-service and rise in the number of the data breaches across the globe, are some of the additional factors supplementing the Hyper-Converged Infrastructure Market size. According to the report published by Bloomberg, the Global Infrastructure as a Service (IaaS) Market is anticipated to reach USD 481.8 billion by 2030, while exhibiting a CAGR of 25.3% over the forecast period (2021-2030), which is expected to boost the market growth in the approaching years.

Request a free sample of Hyper-Converged Infrastructure Market

However, the growth of Hyper-Converged Infrastructure Market is hindered due to high power requirement and problems related to compatibility.

The major players operating in the market are Huawei Technologies Co., Ltd., NetApp, VMware, Inc., Nutanix, Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Pivot3, Scale Computing, Stratoscale and Dell Inc. among others.

Application – Segment Analysis

Based on Application, the Data center consolidation segment is projected grow at a robust CAGR over the forecast period. The Hyper-Converged Infrastructure services minimizes the requirement of separate backup software and Solid-State Drive (SSD) arrays and helps in deduplication and compression, are some of the key features responsible for the growth of the segment.

Organization Size – Segment Analysis

Based on Organization Size, the Small and Medium-sized Enterprises (SMEs) segment is anticipated to grow at a significant CAGR during the forecast period attributed to growing application of Hyper-Converged Infrastructure services in VDI and ROBO and it helps to strengthen the business productivity of SMEs.

Regional – Segment Analysis

Based on region, the Asia-Pacific region is estimated to capture the largest market share over the forecast period. The emerging demand to manage data, growing adoption of infrastructure-as-a-service (IaaS) solutions, modernization of the data centers and rising emphasis on VDI and server virtualization, are some of the important factors influencing the market growth in Asia-Pacific.

Market Segmentation

Global Hyper-Converged Infrastructure Market by Component

  • Hardware
  • Software

Global Hyper-Converged Infrastructure Market by Application

  • Remote office/branch office
  • Virtualization Desktop Infrastructure (VDI)
  • Data center consolidation
  • Backup/recovery/disaster recovery
  • Virtualizing critical applications
  • Others

Global Hyper-Converged Infrastructure Market by End-User

  • Cloud Providers
  • Colocation Providers
  • Enterprises
    • BFSI
    • IT and telecom
    • Government
    • Healthcare
    • Manufacturing
    • Energy
    • Education
    • Others

Global Hyper-Converged Infrastructure Market by Organization Size

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

Global Hyper-Converged Infrastructure Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www,gmiresearch.com

Location: United States

Comments

Post a Comment

Popular posts from this blog

Managed Print Services Market Size, Share, & Growth Analysis - 2020-2027

Image
  Managed Print Services Market The Managed Print Services Market is estimated to reach USD 70 billion by 2027, growing at a CAGR of 8.2% over the forecast period (2020-2027). The factors driving the growth of Managed Print Services Market includes digital transformation across the industry verticals such as Banking, Financial Services, and Insurance (BFSI), Healthcare and Telecommunication, emerging need to reduce paper wastage and growing trend of Bring Your-Own Device (BYOD). According to the report published by Environmental Paper Network, the consumption of paper worldwide has drastically increased by 400% over the last four decades, on an average a citizen in the United States uses more than 700 pounds of paper every year, which will boost the Managed Print Services Market Growth in the approaching years. Moreover, the growing adoption of Cloud Computing and Big Data Analytics by the major organizations, increasing investments by the leading players on research and development
Read more

Crypto Asset Management Market size, share & Trends Forecast 2028

Image
  The Crypto Asset Management Market was estimated around USD 315 million in 2020 and is predicted to grow at a CAGR of 21.1%, over the forecast period (2021-2028). The factors driving growth of the market includes rise in the number of institutional investors and wealth managers investing first time in crypto currency, surge in the volumes of online transactions around the world, emerging need to secure cryptocurrency assets, Government initiatives promoting digitalization and improvements in the living standards. Cryptocurrency asset management platforms allow investors to manage different wallets in one spot, simplifies the management of the developing crypto asset for seasoned traders, and helps users to increase their portfolio, are some of the features pushing the Crypto Asset Management Market size . Moreover, increasing adoption of cryptocurrency across industry verticals such as Healthcare, Retail and Commerce, BSFI, advancements in Internet of Things (IoT) and Artificial Inte
Read more

Liquefied petroleum gas Market Size, Share, Growth 2027

Image
  Liquefied Petroleum Gas Market The Liquefied Petroleum Gas Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving the growth of Liquefied Petroleum Gas Market includes increasing use of liquefied petroleum gas as a substitute to fossil fuels, growing demand for natural gas and oil around the world and rising awareness amongst consumers about the benefits of liquefied petroleum gas. According to the report published by Statista, the Global Oil and Gas Storage Market was estimated around USD 929 million in 2019 and is expected to reach more than USD 1 billion by the end of 2026, which will boost the Global Liquefied Petroleum Gas Market in the approaching years. Moreover, growing emphasis on using cleaner sources of energy, increasing application of liquefied petroleum gas in households and restaurants for cooking and heating food and strict regulations imposed by Government reduce the carbon emission levels, are some of the additional fa
Read more