Press release
Converged Infrastructure Market: Demand for Safer IT Infrastructure Augments Uptake
Across the globe, rising demand of lowering of costs, IT simplification, business acceleration and risk minimization among others are the important aspects driving the development of the global converged infrastructure market. This converged infrastructure is a common platform where all the components of data center including storage, servers, networking, software and services are present. In addition, the converged infrastructure solutions are undergoing a significant demand in the market in order to meet the need for cloud, mobility as well as big data by various enterprises. Owing to these factors the global converged infrastructure market is expected to surge at a CAGR of 22.4% between 2017 and 2025. With this rate of progress the market is anticipated to be worth US$76.26 bn by the end of 2025 from US$11.78 bn in 2016.
Fill the form to gain deeper insights on this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3562
Healthcare and Telecommunication and IT Promise to Lead Global Converge red Infrastructure Market
The end users in the global converged infrastructure market are industries such as BFSI, telecommunication and IT, manufacturing, healthcare and others. Of these, the telecommunication and IT held the largest market share in 2016, followed by the manufacturing segment. The report anticipates that the telecommunications and IT segment will account for a share of 34.2% in the global market by the end of 2025. Telecommunication and IT segment transfers an enormous quantity of data and needs high storage volume which further rises the requirement of converged infrastructure systems in their systems. This industry has been facing transformation from recent years with more demand for sophisticated and customized storage services.
Furthermore, the healthcare industry is also anticipated to exhibit a stunning growth rate in the global converged infrastructure market. Thus, it has been identified as the prime sector in triggering the growth prospect of converged infrastructure market globally. This growth will be supported by the penetration of automated products and electronics in healthcare industry, which need proper IT infrastructure for linear operation of healthcare industry. Additionally, ease of operation and minimum operating cost of maintenance are the primary factors behind this segment’s huge demand. On the flip side, increase in price based competition is expected to negatively influence the growth of global converged infrastructure market.
Asia Pacific Emerges as Key Regional Market due to Changing IT Infrastructure in Developing Economies
Geographically, the converged infrastructure market has been segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In 2016, North America held the most dominant marketshare in terms of revenue and is anticipated to maintain its leading position during the forecast period from 2017- 2025, followed by Asia Pacific. During the forecast period, Asia Pacific would be a major region driving the demand for converged infrastructure for various end use industry which includes manufacturing, telecommunication and IT and manufacturing among others.
Obtain Report Details @ http://www.transparencymarketresearch.com/converged-infrastructure-market.html
As converged infrastructure market is experiencing considerable progression from last few years, the number of vendors providing these solutions and services have also grown. China, Japan and South Korea is leading the market for telecommunication and IT, followed by Thailand, Indonesia and India across Asia Pacific. This regional market is slated to surge at a CAGR of 23.8% over the forecast years.
Some of the major players operating in the converged infrastructure market are Nutanix, Inc., Hitachi Data Systems, Oracle Corporation, IBM Corporation, Hewlett-Packard Enterprise, Cisco System, Inc., VMware Inc., Dell EMC., Scale Computing, and NetApp, Inc. among others.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Converged Infrastructure Market: Demand for Safer IT Infrastructure Augments Uptake here
News-ID: 695271 • Views: 387
More Releases from Transparency Market Research
Automotive Rear Occupant Alert System | expand at a CAGR of 13.5 % | reach US$ 2 …
The global Automotive Rear Occupant Alert System market is estimated to attain a valuation of US$ 2.1 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 13.5% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major…
Vehicle Services Market, analysis Outlook, Trend, Growth And Share Estimation An …
The global Vehicle Services market is estimated to attain a valuation of US$ 1.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Automotive Tire Market analysis Industry Analysis, Opportunity Assessment And Fo …
The global Automotive Tire market is estimated to attain a valuation of US$ 209.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.4% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Automotive Alloy Wheels Market analysis To Reflect Impressive Growth Rate By 203 …
The global Automotive Alloy Wheels market is estimated to attain a valuation of US$ 44.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders…
More Releases for Infrastructure
Infrastructure Construction Market Is Booming Worldwide | Gammon, GMR Infrastruc …
HTF MI broadcasted a new title “Infrastructure Construction Market in India 2017” with 59 pages and in-depth assessment including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players such as Gammon India Limited, GMR Infrastructure Limited, Hindustan Construction Company Limited, IRB Infrastructure Developers Limited, Jaiprakash Associates Limited, Lanco Infratech Limited, Larsen & Toubro Limited, MEP Infrastructure Developers Limited, NCC…
Infrastructure Construction Market to Witness Huge Growth by 2015-2020 | Include …
HTF Market Intelligence released a new research report of 59 pages on title 'Infrastructure Construction Market in India 2017' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Gammon India, GMR Infrastructure, Hindustan Construction, IRB Infrastructure, Jaiprakash Associates, Lanco Infratech, Larsen & Toubro, MEP Infrastructure Developers, NCC Ltd
Request a sample report @ https://www.htfmarketreport.com/sample-report/1304472-infrastructure-construction-market
Summary
HTF’S latest…
Charging Toward a Smarter Future - Intelligent Infrastructure - Electric vehicle …
The global electric vehicle charging infrastructure market is expected to reach USD 45.59 billion by 2025, according to a new report by Grand View Research, Inc. Governments, across the globe, are striving to encourage the adoption of electric vehicles. Incentive programs, such as tax rebates, grants, and subsidies, have been launched to promote the same.
The increasing adoption of electric vehicles is expected to be more in the passenger cars segment,…
The road to 5G Infrastructure: The Inevitable Growth of Infrastructure Cost
Market Highlights
5G is a key enabler for the futuristic digital world. It offers ultra-high broadband infrastructure, for application in various sectors such as healthcare, automotive, and manufacturing. Increasing number of connected devices plays a key role in growth of the 5G infrastructure market. According to Coherent Market Insights, the installed base of Internet of Things devices was 18 billion units in 2016 and is projected to reach 75 billion units…
Converged Infrastructure Market: Demand for Safer IT Infrastructure Augments Upt …
Across the globe, rising demand of lowering of costs, IT simplification, business acceleration and risk minimization among others are the important aspects driving the development of the global converged infrastructure market. This converged infrastructure is a common platform where all the components of data center including storage, servers, networking, software and services are present.
In addition, the converged infrastructure solutions are undergoing a significant demand in the market in order to…
Queensland Transport Infrastructure Conference supports growing transport infras …
The 7th Annual Queensland Transport Infrastructure Conference was held last week at the Brisbane Convention & Exhibition Centre to an audience of more than 200 delegates.
The conference signifies the transport infrastructure sector’s growing commitment towards the sharing of knowledge and industry best practices on some of the state’s largest transport projects.
Featuring more than 20 key speakers from a range of industry professionals from within the transport infrastructure sector, Chief…
