According to a new report Global Hyper-Converged Infrastructure Market, published by KBV Research, The Global Hyper-Converged Infrastructure Market size is expected to reach $27 billion by 2025, rising at a market growth of 33.2% CAGR during the forecast period. The increased need for data protection and disaster recovery and reduction in Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) are key factors influencing the growth of market trends in the hyper-converged infrastructure. These factors are directly linked to market growth as major infrastructure providers implement hybrid and multi-cloud deployments either as backup strategies or data disaster recovery options or as an alternative to on-premise infrastructure.
On the basis of component, the Hardware segment led the market for hyper-converged infrastructure. Nevertheless, within the hyper-converged infrastructure industry, the software segment is anticipated to show tremendous growth over the forecast period.
The Data Center Consolidation market dominated the Global Hyper-Converged Infrastructure Market by Application in 2018. The Virtual Desktop Infrastructure (VDI) market is anticipated to witness a CAGR of 34.7% during (2019 - 2025). The Backup/Recovery/Disaster Recovery market is anticipated to witness a CAGR of 34.9% during (2019 - 2025). Additionally, The Remote Office Branch Office (ROBO) market would witness CAGR of 35.4% during (2019 - 2025).
In the industry vertical segment, the BFSI industry produced the highest revenue in 2018. Furthermore, in the near future, the healthcare sector is projected to see significant growth in the market for hyper-converged infrastructure.
With the emergence of converged IT frameworks that have become inefficient due to the multiple layers of system architecture, business leaders have seen hyper-converged systems leverage due to the sophistication of the system architecture that moves to the more agile software layer. As a result, with growth in data centers around the globe, particularly in North America, the global hyper-converged infrastructure market is expected to generate high traction in the near future. The Asia-Pacific region is expected to witness substantial CAGR rise in the HCI market in the coming years.
Structural Insights: https://www.kbvresearch.com/hyper-converged-infrastructure-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Fujitsu Limited, Dell Technologies, Inc. (VMware, Inc.), Microsoft Corporation, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), NEC Corporation, IBM Corporation, NetApp, Inc., Hitachi, Ltd. (Hitachi Vantara), and Nutanix, Inc.
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