The Global Hyperconverged Infrastructure Market Estimated to Advance at $30363.25 Million by 2028

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

An IT infrastructure wherein the hardware-defined systems are virtualized through a hypervisor software is known as hyperconverged infrastructure.

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Triton's research report infers that the global hyperconverged infrastructure market is estimated to progress at a CAGR of 23.73% in revenue during 2021-2028. It is further predicted to acquire revenue worth $30363.25 million by 2028.

In recent years, the increase in internet use for personal and business purposes has supported the growth of data centers globally. This rise in the number of data centers and demand for data protection among consumers augments the development of the hyperconverged infrastructure market. However, issues with cloud compatibility, scalability problems, and added costs of redesigning power distribution in existing facilities are restricting the global market's progress.

The hyperconverged infrastructure market is segmented into components, end-user, and industry vertical. Based on components, it is bifurcated into hardware and software. The end-user segment is divided into virtualizing critical applications, backup recovery/ disaster recovery, data center consolidation, virtualization desktop infrastructure, remote office/ branch office, and others. Lastly, the industry vertical is branched into the banking finance & service industry, healthcare, education, energy & utilities, manufacturing, IT & telecommunications, government, and others.

North America dominates the hyperconverged infrastructure market, owing to several factors, including the rise in the number of data centers and the presence of prominent players. Moreover, the increase in the demand to transform existing data center infrastructure is expected to add to the market's growth. Furthermore, the surge in data center investments due to the rise in cloud computing, big data, and IoT are widening the scope and development of the hyperconverged infrastructure market across the US and Canada.

Microsoft Corporation, HiveIO, Dell Technologies Inc, DataCore, VMware Inc, NEC, IBM, Sangfor Technologies, Huawei Technologies, Cisco, Pivot3, NetApp Inc, Fujitsu, Nutanix Inc, Hitachi Vantara, Hewlett Packard Enterprise, and Scale Computing are major companies in the hyperconverged infrastructure market.

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Question & Answer: Hyperconverged Infrastructure Market

Question 1: What aspects augment the development of the hyperconverged infrastructure market?
Answer: In recent years, the increase in internet use for personal and business purposes has supported the growth of data centers globally. This rise in the number of data centers and demand for data protection among consumers augments the development of the hyperconverged infrastructure market.

Question 2: What factors are restricting the hyperconverged infrastructure market's progress?
Answer: However, issues with cloud compatibility, scalability problems, and added costs of redesigning power distribution in existing facilities are restricting the global market's progress.

Question 3: Which region dominates the hyperconverged infrastructure market?
Answer: North America dominates the hyperconverged infrastructure market, owing to several factors, including the rise in the number of data centers and the presence of prominent players. Moreover, the increase in the demand to transform existing data center infrastructure is expected to add to the market's growth.

Furthermore, the surge in data center investments due to the rise in cloud computing, big data, and IoT are widening the scope and development of the hyperconverged infrastructure market across the US and Canada.

Question 4: Which are the major companies in the hyperconverged infrastructure market?
Answer: Microsoft Corporation, HiveIO, Dell Technologies Inc, DataCore, VMware Inc, NEC, IBM, Sangfor Technologies, Huawei Technologies, Cisco, Pivot3, NetApp Inc, Fujitsu, Nutanix Inc, Hitachi Vantara, Hewlett Packard Enterprise, and Scale Computing are major companies in the hyperconverged infrastructure market.

Related Report:
Global Virtual Desktop Infrastructure Market - https://www.tritonmarketresearch.com/reports/virtual-desktop-infrastructure-market#report-overview

The global virtual desktop infrastructure market is expected to progress at a CAGR of 9.51% during the considered period of 2019-2027 while reaping $11.17 billion in revenue by 2027.

Virtual desktop infrastructure refers to the virtualization of standard desktop systems. Here, the VDI enables consumers to access virtualized desktops hosted on a centralized server within a data center.

The growing workplace flexibility, surge in cloud service adoption, and increase in BYOD culture are key factors supplementing the growth of the studied market. Additionally, the ever-increasing adoption of cloud-based services opens new avenues for the virtual desktop infrastructure market.

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