Press release
Hyper-Converged Infrastructure Market Size, Business Opportunity and Future Demand by 2028 | IMARC Group
Hyper-Converged Infrastructure Market Report 2023
Report Highlights
How big is the hyper-converged infrastructure market?
The global hyper-converged infrastructure market size reached US$ 9.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 26.66% during 2023-2028.
What is the hyper-converged infrastructure?
Hyper-converged infrastructure (HCI) refers to a software-centric architecture that integrates storage, computing, and network resources to enable organizations in deploying and managing with a single user interface. It offers increased flexibility, scales operations, maximizes resources, and enhances reliability. It assists in streamlining the deployment of new workloads, improving infrastructure management, and optimizing infrastructure costs. It also enhances performance and stores and protects data efficiently while simplifying upgrades. As a result, HCI is widely employed in the IT and telecommunication, manufacturing, healthcare, and banking, financial services, and insurance (BFSI) industries across the globe.
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What are the growth prospects and trends in the hyper-converged infrastructure industry?
At present, the rising adoption of HCI due to the increasing number of digital businesses around the world represents one of the primary factors strengthening the market growth. Besides this, the growing demand for data security and recovery by using a single interface is offering a positive market outlook. Apart from this, the increasing adoption of HCI solutions among small and medium-sized enterprises (SMEs) as they offer improved agility and efficiency is bolstering the growth of the market. Moreover, the rising utilization of HCI to manage business applications, such as remote or branch offices, virtualization desktop infrastructure (VDI), and data center consolidation, is offering lucrative growth opportunities to industry investors. Furthermore, key players are introducing advanced HCI that combines scalability and price performance for data center modernizations and consolidations.
What is included in market segmentation?
The report has segmented the market into the following categories:
Component Insights:
Hardware
Software
Application Insights:
Remote Office or Branch Office
Virtualization Desktop Infrastructure (VDI)
Data Center Consolidation
Backup Recovery/Disaster Recovery
Critical Applications Virtualization
Others
End Use Insights:
BFSI
IT and Telecommunications
Government
Healthcare
Manufacturing
Energy and Utilities
Education
Others
Breakup by Region:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
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Who are the key players operating in the industry?
The report covers the major market players including:
Cisco Systems Inc.
DataCore Software Corporation
Dell Technologies Inc.
Hewlett Packard Enterprise Company
Hitachi Vantara Corporation
Huawei Technologies Co., Ltd.
International Business Machines Corporation
Microsoft Corporation
NetApp Inc.
Nutanix Inc.
Quantum Corporation
Scale Computing
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Contact US
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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