Hyper Converged Infrastructure Market Size, Share, Growth Analysis, By Component(Solutions, Services), By Application(Remote Office/Branch Office, Virtual Desktop Infrastructure, Data Center Consolidation, Data Protection), By Organization Site(Large enterprises, Small, Medium-Sized Enterprises), By End-User(Cloud providers, Colocation Providers, Enterprises), By Enterprise(Banking, Financial Services, Insurance (BFSI), IT), By Region - Industry Forecast 2024-2031

Hyper Converged Infrastructure Market Driver

Rapid Digital Transformation to Drive Market Growth

• The market is expanding as a result of increased digital transformation in data centres that use HCI solutions. Using the compute storage network, the solutions are utilised for data centre modernization and consolidation. It provides a software-defined virtualized environment that enables data centre capabilities to be scaled up and down in a flexible manner. The solutions assist in improving performance while lowering operational expenses. Rising investment in data centre infrastructure development is likely to provide new possibilities in the sector.

Hyper Converged Infrastructure Market Restraint

Need for High Power to Hamper Market Growth

• Computing, networking, and storage systems are all combined in hyper converged designs. It is prone to heavy workloads in a small space, necessitating more power than standard data centres. To address this, certain workloads must transfer to cloud storage, requiring extra hardware and power. The need for high power is impeding market expansion. Furthermore, Hyper Converged systems must provide sufficient power and cooling to fulfil the workload need. It may incur additional fees. Furthermore, HCI solutions face compatibility concerns. Because various manufacturers have distinct software and hardware sets, customers find it challenging to accept these HCI solutions. This compatibility difficulty, as well as the added expense and high power required for the equipment, are impeding growth.