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Hyper Converged Infrastructure Market Overview - Forecast Market Size, Top Segments And Largest Region 2023 - 2032
Hyper Converged Infrastructure Global Market
The Business Research Company's Hyper Converged Infrastructure Global Market Report 2023 identifies development of IT infrastructure as the major driver for the Hyper Converged Infrastructure market's growth in the forecast period. The development of IT infrastructure is expected to propel the growth of the hyper-converged infrastructure market going forward. Information technology infrastructure (IT Infrastructure) refers to the totality of elements required for managing and operating enterprise IT infrastructures and services. IT infrastructure in the hyper-converged infrastructure is used as IT operations for scattered businesses and organizations of any size can be made more efficient. IT department would experience real challenges whether a single complicated campus location, numerous sites using different platforms, or both.
The global hyper converged infrastructure market size is expected to grow from $11.09 billion in 2022 to $14.24 billion in 2023, at a compound annual growth rate (CAGR) of 28.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hyper converged infrastructure market size is expected to grow to $38.3 billion in 2027 at a CAGR of 28.1%.
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Major competitors in the Hyper Converged Infrastructure market are Dell Technologies, Nutanix Inc., Pivot3, Hewlett Packard Enterprise (HPE), Cisco Systems Inc., VMware Inc., Microsoft Corporation
A key trend in the Hyper Converged Infrastructure market includes technological advancement. Major companies operating in the hyper-converged infrastructure market are focused on developing technologically advanced products to strengthen their market position. For instance, in March 2019, Microsoft Corporation, a US-based technology corporation, launched Azure Stack HCI, a new hyper-converged infrastructure (HCI) operating system that is available as an Azure service. The most recent security, performance, and hybrid capabilities are offered, and new management scenarios via the Azure portal and Azure Arc enablement are now included. Users can get strong host security with Secured-core servers, boost the performance of the virtual desktop infrastructure, and boost the performance of machine learning models. Also, users can get storage resources more effectively by using the new thin provisioning functionality and utilizing current tools, procedures, and skill sets to deploy and manage Windows and Linux virtual machines (VMs) in a data center or at the edge. With Azure Backup, Azure Monitor, and Microsoft Defender for Cloud, users can extend the data center to the cloud.
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The Hyper Converged Infrastructure market is segmented -
• By Component: Hardware, Software
• By Hypervisor: Vmware, Kernel-based Virtual Machines (KVM), Hyper-V
• By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
• By Application: Remote Office or Branch Office, Virtualization Desktop Infrastructure (VDI), Data Center Consolidation, Backup or Recovery or Disaster Recovery, Virtualizing Critical Applications, Other Applications.
• By End User: Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Manufacturing, Government, Healthcare, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hyper Converged Infrastructure market.
The Business Research Company's "Global Hyper Converged Infrastructure Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hyper Converged Infrastructure Market Include:
1. Executive Summary
2. Hyper Converged Infrastructure Market Characteristics
3. Hyper Converged Infrastructure Market Trends And Strategies
4. Hyper Converged Infrastructure Market - Macro Economic Scenario
5. Hyper Converged Infrastructure Market Size And Growth
……
27. Hyper Converged Infrastructure Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hyper Converged Infrastructure Market
29. Hyper Converged Infrastructure Market Future Outlook and Potential Analysis
30. Appendix
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