Global Hyper Converged Infrastructure Market

Global Hyper Converged Infrastructure Market Size, Share, Growth Analysis, By Component(Solutions, Services), By Application(Remote Office/Branch Office, Virtual Desktop Infrastructure), By Organization Site(Large enterprises, Small), By End-User(Cloud providers, Colocation Providers), By Enterprise(Banking, Financial Services) - Industry Forecast 2024-2031


Report ID: SQMIG45C2066 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 153 | Figures: 78

Global Hyper Converged Infrastructure Market News

  • In October 2022, Dell employs a collaborative method to include cyber resilience into its HCI offering. HCI security is a unique problem since it virtualizes the whole data centre, including storage, computing, networking, and management components. This implies that West and his security team must maintain security across the whole HCI portfolio rather than focusing on a particular type of information technology system. According to West, supply chain assaults are an excellent example of this complexity.
  • In September 2022, at the next Gitex Global, DVCOM, a Dubai-based technology business, will showcase its newest hyper-converged infrastructure (HCI) and collaborative communication tools and platforms. With its HCI concept, the company will assist small and large organisations at this year's Gitex Global in achieving a seamless collaborative-converged-communication environment utilising data-voice-video.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Hyper Converged Infrastructure Market size was valued at USD 5941.3 million in 2019 and is poised to grow from USD 6721.7 million in 2023 to USD 14520 million by 2031, growing at a CAGR of 13.2% in the forecast period (2024-2031).

Various businesses are focusing on organic growth strategies such as product launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. These activities have paved the way for market participants to expand their business and customer base. With rising global demand, market players in the hyper-converged infrastructure market are expected to benefit from lucrative growth opportunities in the future. 'Dell EMC', 'Nutanix', 'Hewlett Packard Enterprise', 'Cisco Systems', 'VMware Inc.', 'NetApp Inc.', 'Scale Computing', 'Pivot3', 'Huawei Technologies Co. Ltd.', 'Lenovo Group Limited', 'DataCore Software Corporation', 'Fujitsu Ltd.', 'Stratoscale', 'SimpliVity Corporation', 'Maxta Inc.', 'Atlantis Computing Inc.', 'Gridstore Inc.', 'StarWind Software Inc.', 'StorMagic Inc.', 'Diamanti Inc.'

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.

The increasing requirement for data security and disaster recovery, as well as reductions in Capital Expenditure (CAPEX) and Operational Expenditure (OPEX), are important drivers driving the hyper-converged infrastructure market trends. These reasons contribute to market growth as key infrastructure providers use hybrid and multi-cloud installations as backup techniques, data disaster recovery solutions, or as a replacement for on-premises infrastructure. However, vendor lock-in is a prominent problem that is predicted to limit market expansion to some extent. HCI minimises the need for significant IT server and storage management resources. The HCI solution simplifies data migration and hybrid cloud deployment. The growing use of Hyper Converged Infrastructure solutions for digital transformation in end-user sectors such as retail and e-commerce, healthcare, IT & telecom, and others has fueled market expansion.

Global Hyper Converged Infrastructure Market is divided into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA).

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Hyper Converged Infrastructure Market

Product ID: SQMIG45C2066

$5,300
BUY NOW GET FREE SAMPLE