Hyper-converged infrastructure market size was valued at USD 3.84 Billion in 2018, and is projected to reach USD 33.16 Billion by 2026, growing at a CAGR of 30.7% from 2019 to 2026.

Hyper Converged Infractructure Market
The hyper-converged infrastructure market size was valued at USD 3.84 Billion in 2018, and is projected to reach USD 33.16 Billion by 2026, growing at a CAGR of 30.7% from 2019 to 2026.

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Trends Influencing the Global Hyper Converged Infractructure Market

• HCI architecture is designed for a pay-as-you-go cost model and has the ability to scale incrementally. This ability has positively influenced the growth of the Hyper-Converged Infrastructure market size. Currently built on a three-tier IT network, business-critical applications can migrate to a hyper-converged network as it provides integrated stack systems, integrated service systems, and integrated reference architectures.

• Because of its architecture, which disrupts the enterprise data center by fragmenting its data silos to handle the storage, network, and computing stack, the HCI system will see a high adoption rate among the data center. As a result, the need for a built-in and integrated HCI data protection solution is gaining high traction among data center industries, which is expected to fuel the growth of Hyper-Converged Infrastructure market size.

• The growing need for data security and disaster recovery and reduction in Capital Expenditure ( CAPEX) and Operational Expenditure (OPEX) are key factors driving the growth of the Hyper-Converged Infrastructure market size.

• Hyper-converged infrastructure is gaining higher adoption as it reduces the costs of infrastructure by combining or incorporating commodity hardware with a common operating model. This factor is projected to drive the growth of hyper-converged infrastructure market size during the forecast period. Furthermore, due to HCI 's hardware-agnostic approach, the commodity hardware is also used to host applications as virtual machines or containers.

• During the coronavirus pandemic, the new installation of a hyper-converged infrastructure was postponed. Operating on-premises was banned during the aggressive lockdown, so the upcoming IT organizations have postponed the hyper-converged infrastructure network deployment. However, the global lockdown has not affected the hyper-converged infrastructure market as IT industry operations are normally performed through the structure of 'work from home.' And subsequently, the use of hyper-converged technology in the IT sector is in high demand worldwide.

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Hyper Converged Infractructure Market Share

• The BFSI segment is expected to hold the largest Hyper-Converged Infrastructure market share during the forecast period. As the financial sector is extremely active in meeting its clients' needs, it has been driven by increasing digitization to offer better digital experiences. Thus, the emergence of flexible solutions for digital transformation now requires hyper-converged architecture to improve versatility in its network.

• The data center consolidation segment is expected to hold the highest market share in 2018. HCI is available with features of data reduction, such as deduplication and compression. These advantages of HCI reduce the overall hardware requirement in the data center infrastructure.

• Throughout the forecast period, APAC is projected to deliver substantial growth opportunities for HCI vendors. The growing knowledge of data management through a shared interface with reduced total ownership costs, rising emphasis on VDI and server virtualization, and the trend of using infrastructure-as-a-service ( IaaS) solutions are key factors driving APAC 's hyper-converted infrastructure market size.

By Component
• Hardware
• Software

By Application
• Remote office or branch office
• Virtualization Desktop Infrastructure (VDI)
• Data center consolidation
• Backup recovery / disaster recovery
• Critical applications Virtualization
• Others

By Industry Vertical
• BFSI
• IT and Telecommunications
• Government
• Healthcare
• Manufacturing
• Energy and Utilities
• Education
• Others

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA.

Top Companies in the HCI Market

Major players operating in the HCI market have witnessed high growth in demand for hyper-converged infrastructure, especially due to on-going data center modernization projects or initiatives among the data center industry across the globe. This study includes hyper-converged infrastructure market analysis, trends, and future estimations to determine the imminent investment pockets.

Several businesses around the world are moving their entire IT infrastructure into the cloud because it offers a high degree of versatility. There are risks associated with storing data on the public cloud for an organization, though. Because these systems are easy to administer and help reduce the costs associated with conventional data center systems, HCI solutions are rapidly emerging as the perfect alternative to public cloud services such as Azure or AWS.

Other Companies are:
• Cisco Systems, Inc.
• Dell Inc.
• Hewlett Packard Enterprise Company
• Huawei Technologies Co., Ltd.
• Microsoft Corporation
• NetApp, Inc.
• Nutanix, Inc.
• Pivot3
• Scale Computing
• VMware, Inc.

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Similar Reports:

1. Virtual Desktop Infrastructure(VDI) Market: https://reports.valuates.com/market-reports/QYRE-Othe-2U306/virtual-desktop-infrastructure

2. Disaster Recovery Solutions Market : https://reports.valuates.com/market-reports/QYRE-Auto-7A2448/global-disaster-recovery-solutions

3. DRaaS Market: https://reports.valuates.com/market-reports/QYRE-Auto-10Z2413/global-draas

4. Application Virtualization Market : https://reports.valuates.com/market-reports/QYRE-Othe-0E262/application-virtualization

5. Backup Recovery Software Market: https://reports.valuates.com/market-reports/QYRE-Othe-4M260/backup-recovery-software

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