The Global Hyper-converged Infrastructure Market to Secure $30.36 Billion by 2028

According to Triton’s analysis, the global hyper-converged infrastructure market accumulated $4.33 billion in 2019, and will display a CAGR of 24.15% by 2028.

A recent report by Triton Market Research titled Global Hyper-converged Infrastructure Market,' includes the Global Analysis and Forecasts by Industrial Vertical (Banking, Financial Services & Insurance Industry, IT & Telecommunications, Government, Healthcare, Education, Energy & Utilities, Manufacturing, Others), End-user (Virtualization Desktop Infrastructure, Virtualizing Critical Applications, Remote Office/Branch Office, Backup Recovery/Disaster Recovery, Data Center Consolidation, Others), Components (Hardware, Software), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

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Triton's research report implies that the global hyper-converged infrastructure market will chart a CAGR of 24.15% over the forecast period 2019-2028. It is likely to generate revenue worth $30.36 billion by the year 2028.

Hyper-converged infrastructure is one of the three types of IT infrastructure, along with traditional and convergent. It is a virtualized infrastructure, compared to the other two types. The rise in the demand for hyper-converged infrastructure is attributable to its feature of integrating networking, storage, and computing systems in one single unit. Factors such as simplified implementation, flexibility, and cost reduction help generate the demand for HCI in the market. Numerous sectors, such as education, banking and finance, and government, among others, are adopting this infrastructure.

Over the years, the number of smartphone and internet users has increased. This has also surged the demand for high-speed internet, simultaneously rising the demand for data centers. The implementation of cloud-based systems and data analytics by businesses has also encouraged the adoption of data centers globally. The rise in the number of data centers, paired with an increase in data protection and disaster recovery measures, is fueling the growth of the hyper-converged infrastructure market.

However, the issues relating to cloud compatibility are a major factor impeding market growth. Similarly, problems with scalability are another element constricting the industry's growth. The above-stated factors are collectively restricting the hyper-converged infrastructure market growth.

The market for hyper-converged infrastructure is sectioned into industrial vertical, end-user, and components. The industrial vertical is sub-divided into the banking, financial services & insurance industry, IT & telecommunications, government, healthcare, education, energy & utilities, manufacturing, and others. Based on the end-user, it is classified into virtualization desktop infrastructure, virtualizing critical applications, remote office/branch office, backup recovery/disaster recovery, data center consolidation, and others. Lastly, components are segregated into hardware and software.

Geographically, the Asia-Pacific is predicted to emerge as the fastest-growing region over the estimated years. In this region, China and Hong Kong are significant contributors to the data center market's growth. Over the forecast period, the demand for data centers here is expected to exceed, owing to the surge in demand for cloud-based services, IoT, and big data analytics. In China, there is a high demand for cryptocurrency data centers, which is directing the enhancement of data centers using high-performing computing systems. As hyper-converged infrastructure facilitates a flexible and easy computing system, China's market share is prompted towards growth. Further, the rise in the investments by service providers and the surge in the submarine cable adoption also assists market progression.

Nutanix, Datacore, Hewlett Packard Enterprise, Huawei Technologies Co Ltd, Netapp Inc, Dell Technologies Inc, Fujitsu, Hitachi Vantara, Hiveio, IBM, Microsoft Corporation, Cisco, NEC, VMware Inc, Pivot3, and Scale Computing Inc are key players in this market.

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Question & Answer: Hyper-converged Infrastructure Market
Question 1: What factors are fueling the growth of the hyper-converged infrastructure market growth?
Answer: Over the years, the number of smartphone and internet users have increased. This has also surged the demand for high-speed internet, simultaneously rising the demand for data centers. The implementation of cloud-based systems and data analytics by businesses has also encouraged the adoption of data centers globally. The rise in the number of data centers, paired with an increase in data protection and disaster recovery measures, is fueling the growth of the hyper-converged infrastructure market.

Question 2: What factors are restricting the growth of the hyper-converged infrastructure market?
Answer: Issues relating to cloud compatibility are a major factor impeding market growth. Similarly, problems with scalability are another element constricting its growth. The above-stated factors collectively are restricting the hyper-converged infrastructure market growth.

Question 3: Which region is influencing the hyper-converged infrastructure market landscape?
Answer: Geographically, the Asia-Pacific is predicted to emerge as the fastest-growing region over the estimated years. In this region, China and Hong Kong are significant contributors to the data center market's growth. Over the forecast period, the demand for data centers here is expected to exceed, owing to the surge in demand for cloud-based services, IoT, and big data analytics.
In China, there is a high demand for cryptocurrency data centers, which is directing the enhancement of data centers using high-performing computing systems. As hyper-converged infrastructure facilitates a flexible and easy computing system, China's market share is prompted towards growth. Further, the rise in the investments by service providers and the surge in the submarine cable adoption also assists market progression.

Question 4: Which are the key players in the hyper-converged infrastructure market?
Answer: Nutanix, Datacore, Hewlett Packard Enterprise, Huawei Technologies Co Ltd, Netapp Inc, Dell Technologies Inc, Fujitsu, Hitachi Vantara, Hiveio, IBM, Microsoft Corporation, Cisco, NEC, VMware Inc, Pivot3, and Scale Computing Inc are key players in this market.

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