Hyper-Converged Infrastructure Market Is Likely to Experience a Tremendous Growth by 2029
Hyper-converged infrastructure market is anticipated to grow at a significant CAGR during the forecast period. Hyper-converged infrastructure (HCI) includes computing, storage, and network resource that makes HCI a single system framework. This system allows organizations and infrastructures to deploy and manage their operations with a single user interface. Optimum infrastructure cost with reduced capital expenditure (CAPEX) and operational expenditure (OPEX), ease of management among infrastructure, and installation of new workloads are some key factors that accelerate the demand for hyper-converged infrastructure in an enterprise. The system is designed with a pay-as-you-go model and scale incrementally feature that will further support the market growth. Additionally, the significant increase in the demand for data protection and disaster recovery will surge the adoption of hyper-converged infrastructure in an enterprise owing to managing the processes including storage, computing, and network with enhanced flexibility.To strengthen the position and remain competitive in the market, key vendors including Huawei Technologies Co., Ltd., Cisco Systems, Inc., VMware Inc., and Netapp Inc., among others adopted strategies to remain competitive in the market. For instance, in May 2020, HPE announced to launch an improved HPE SimpliVity 325 Gen 10 HCI with the innovative 2nd Gen AMD EPYCTM processor. This advancement enables a 50% reduced cost per virtual desktop and provides a remote workforce in an enterprise. Dell EMC in August 2018, extend its footprints in Malaysia to provide VxRail appliances 4.5 with various enhanced features including hardware flexibility, economic cost, and elevated interoperability. In March 2019, Huawei announced a partnership with Nutanix to expand the product portfolio of Nutanix HCI solutions.
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Market Coverage
The market number available for - 2021-2029
Base year- 2020
Forecast period- 2023-2029
Segment Covered-
By Application
By Component
By Industry Vertical
Competitive Landscape- Huawei Technologies Co., Ltd., Cisco Systems, Inc., VMware Inc., and Netapp Inc., among others.
Hyper-Converged Infrastructure Market Report Segmentation
By Application
Remote Office or Branch Office
Virtualization Desktop Infrastructure (VDI)
Data Center Consolidation
Backup Recovery/Disaster Recovery
Virtualizing Critical Applications
Others
By Component
Hardware
Software
By Industry Vertical
BFSI
IT and Telecommunications
Government
Healthcare
Manufacturing
Energy and Utilities
Education
Others
A full Report of Hyper-Converged Infrastructure Market is Available at: https://www.omrglobal.com/industry-reports/hyper-converged-infrastructure-market
Hyper-converged Infrastructure Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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