Global Hyper Converged Infrastructure Market – Industry Analysis and Forecast (2

Posted by suraj maximize on June 21st, 2019

Global Hyper Converged Infrastructure Market was valued US$ 3.90 Bn in 2017 and is expected to grow US$ 16 Bn by 2026, at CAGR of 19.3% during forecast period.

Hyper-converged infrastructure is a software based information technology (IT) infrastructure in which several elements of storage and compute components are improved for working together on a single service appliance supported by one single vendor. Hyper-converged infrastructure system limits the necessity of making individual purchase of different servers, virtualization software which is running on those servers and different management tools. Also, the HCI system reduces the requirements for installation of a separate network-attached storage (NAS) or storage-area network (SAN). So, hyper-converged infrastructure system reduces overall operating cost of an infrastructural system. Market of hyper-converged infrastructural system is at the emerging stage at present and is expected to grow at an exponential rate in the coming years due to the implementation of virtual desktop infrastructure (VDI) across various application sectors.

Industry is expected to witness remarkable growth, due to increasing demand to enhance IT operational efficiency, improve data protection, reduce IT costs. Demand for HCI is expected to increase in various verticals, like BFSI, healthcare, IT & telecom, and government sectors, among others, considering its benefits over the traditional converged infrastructure.

Hyper-converged infrastructure is widely used in the mid and large size enterprises for virtual desktop infrastructure projects, largely because of their ability to eliminate the complexity during implementation and concerns regarding SAN-based storage solutions. It also reduces overall cost in comparison with the traditional converged architecture. Different workloads run on these solutions and are changing with time. This changing workload within the industry is estimated to expand even further during the forecast period as organizations are focusing on expanding the use of HCI systems.

Increasing awareness of data management at reduced cost of ownership is one of the major factor driving the growth of hyper-converged infrastructure market. Also, rising focus toward server virtualization, VDI, and popularity of consuming infrastructure-as-a-service solutions are other major factors driving the market growth.

North America is holding the largest market share across the world followed by Europe and Asia Pacific regions. Region have a well-recognized infrastructure which is allowing faster implementation of advanced technology. Growth in North America is majorly controlled by the U.S. due to increasing demand for hyper-converged infrastructure applications. Also, growing demand for hyper-converged solutions across several industry verticals is further fuelling the growth of market.

Key players operated in market include Vmware Inc., Nutanix Inc., Simplivity Corporation, Scale Computing, Pivot3, Maxta Inc., Nimboxx Inc., Cisco Systems, Inc., Gridstore, Inc., and Hewlett Packard Enterprise Company.

Scope of Global Hyper-Converged Infrastructure Market:

Global Hyper-Converged Infrastructure Market by Application:

• Virtualization

• Cloud Computing

• Data Center Consolidation

• Data Protection

• Others

Global Hyper-Converged Infrastructure Market by End-Use:

• IT & Telecom

• Financial Services

• Healthcare & Life Sciences

• Government

• Media & Entertainment

• Others

Global Hyper-Converged Infrastructure Market by Geography:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East & Africa

Key Players Operated in Market Includes:

• Vmware Inc.

• Nutanix Inc.

• Simplivity Corporation

• Scale Computing

• Pivot3

• Maxta Inc.

• Nimboxx Inc.

• Cisco Systems, Inc.

• Gridstore, Inc.

• Hewlett Packard Enterprise Company.

This Article Is Submitted By This @Maximize Market Research Company

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