Increasing Number of Data Centers Contributes to Global Hyper-Converged Infrastructure Market Growth

According to the estimations put forth by Inkwood Research, the Global Hyper-Converged Infrastructure Market is predicted to project a CAGR of 25.64% in terms of revenue during the forecasting years of 2019-2028.

"Browse 49 Market Data Tables and 49 Figures spread over 169 Pages, along with an in-depth TOC on the Global Hyper-Converged Infrastructure Market Forecast 2019-2028."

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Hyper-converged infrastructure primarily entails software-defined information technology (IT) infrastructure, which virtualizes the traditional hardware-defined systems' comprehensive elements. The IT infrastructure is centrally managed, while its network storage and compute are collectively sold as a unit, by a single vendor. As a more virtualized system, advantages such as cost reduction, flexibility, and simplified deployments, aid the increased adoption of hyper-converged infrastructure.

Surging number of Data Centers Drives Market Growth

Data centers are the backbone of online consumers and business operations. The rising number of data centers is reinforced by the surging internet use for personal and business purposes, through high-speed broadband connectivity and smartphones. The adoption of cloud-based services by enterprises and the increasing use of social media bolster the construction of hyper-scale data centers, particularly by organizations like Google, Facebook, Microsoft, and Amazon Web Services (AWS). Moreover, colocation suppliers are significantly investing in data centers' construction, spread across an area of 200,000 square feet. As a result, massive data growth is projected to generate increased IP traffic in traditional and cloud data centers.

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Backup Recovery/Disaster Recovery is the Leading End-User

Since hyper-converged infrastructure is highly dependent on software, the efficiency of handling data loss through applications has considerably improved. Hence, including features such as backup recovery/data recovery is anticipated to procure higher traction in the upcoming years. Hyper-converged infrastructure is suitable for executing disaster recovery functions as they are equipped with storage, compute, and network resources. Moreover, the hypervisor, its key backup recovery/disaster recovery component, helps the production systems replicate its setup frequently. Therefore, it helps improve the disaster recovery time, while generating replicas of production virtual machines hosted on the hyper-converged system.

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North America Dominated the Global Market in 2019

The hyper-converged infrastructure market growth in North America is primarily attributed to the presence of numerous data centers and key players. In addition, the rising need to transform and modify the region's existing data center infrastructure facilitates market growth. Moreover, North America observes a growing demand for data center services, reinforced by immense data growth, the Internet of Things (IoT), and cloud computing. As a result, investments across North America's data center market are on a constant rise.

The industrial rivalry within the market is high, since key players attempt to procure higher profits due to increased market demand. Major enterprises operating in the market include, VMware Inc, Huawei Technologies, Cisco, Netapp Inc, Nutanix Inc, Hewlett Packard Enterprise, etc.

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