Press release
Converged Infrastructure Solutions and Services Market: High Cloud Platform Adoption Rate to Boom market
IT simplification is one of the key advantages that converged infrastructure solutions and service providers offer, and it is the key driver promoting the growth of this global market. Businesses are demanding faster speeds in everything while lowering process and operations costs at the same time. This implies a simplification of the IT infrastructure as it is currently. They are also demanding a reduction in risks and converged infrastructure solutions and services can provide that to them.
Another factor driving the usage of converged infrastructure solutions and services across the world and especially in developed economies is the speedy proliferation of cloud computing and cloud-based platforms. Cloud platforms offer faster data delivery and other key improvements in a company’s performance, thus generating a lot of attention. The consequent increase in bandwidth demand will therefore prove to be beneficial to converged infrastructure solutions and service providers.
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The global market for converged infrastructure solutions and services is expected to reach US$11.78 bn by the end of 2016 and US$50.56 bn by the end of 2022. It is projected at a CAGR of 28.9% from 2015 to 2022 in terms of revenue.
High Cloud Platform Adoption Rate in North America Boosts Converged Infrastructure Solutions and Services Demand
North America has been the leading the usage rate of converged infrastructure solutions and services so far. By the end of 2022, this region’s demand for such services is expected to create a revenue of US$20.98 bn for the market’s players. The adoption of converged infrastructure solutions and services has caught on quite early in this region as compared to others, owing to the early and high usage of cloud platforms. Cloud computing usage is expected to ramp up tremendously over the coming years in North America and this will create a very heavy load on traditional data centers. To ease the influx of data, companies are planning to opt for converged infrastructures owing to their many high usage benefits.
The demand for converged infrastructure solutions and services is expected to be very high in Asia Pacific over the coming years, owing to an emerging IT infrastructure and the growing need for cloud computing to create cheaper and efficient platforms.
IT and Telecom Demand for Converged Infrastructure Solutions and Services to Increase Further
The recent years have been of great transformative importance to the telecom industry. Most prominent companies have to cater to the increasing demanding for descriptive, sophisticated, and custom-build communications services. A large part of this is attributed to the convergence of social, entertainment, and communication media over cloud-based applications. Companies are going even further out to provide services such as voice chat and email on multiple device types. These provisions and the increasing demand for them is a key opportunity for converged infrastructure solutions and service providers.
The manufacturing industry also holds a large scope of use of converged infrastructure solutions and services over the coming years. Next-gen infrastructure convergence solutions and services will drastically increase the operations rate of various types of mission-critical applications, thereby boosting the growth rate of relevant manufacturing companies.
The key providers of converged infrastructure solutions and services from a global perspective include VCE Company, Cisco Systems, Inc., Oracle Corporation, Nutanix, Inc., SimpliVity Corporation, Hewlett-Packard Company, IBM Corporation, Dell, Inc., Hitachi Data Systems, Fujitsu Ltd., Unisys Corporation, and Huawei Technologies Co. Ltd.
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