0

Hyper-Converged Infrastructure Market is Expected to Reach $33.16 Billion by 2026

 
2022
Hyper-Converged Infrastructure Market

Report Code : A05690

quote The global hyper-converged infrastructure market in 2026 has witnessed significant growth due to its ability to utilize commodity hardware which in turn reduced the Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) significantly. quote

Makarand Sinnarkar
Research Analyst, ICT at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, " Hyper-Converged Infrastructure Market by Component, Application, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2019–2026," the hyper-converged infrastructure market size was valued at $3.84billion in 2018, and is projected to reach $33.16 billion by 2026, growing at a CAGR of 30.7% from 2019 to 2026.

Rise in need for flexible infrastructure and increase in demand for architectures that can handle heavier workloads such as business analytics and big data tools is a major factor that drives the growth of the global hyper-converged infrastructure market during the forecast period. Major business leaders encourage organizations to adopt software-centric architecture that help them integrate, compute, and store into a single suite. This compelled leading virtualization vendors to work toward hybrid cloud systems and help their customers to upload transactional workloads to the public cloud and perform heavy workloads usually mission critical on-premise.

As IT companies are embarking on data center modernization projects, coupled with rise in need to modernize the data center architecture, the hyper-convergence infrastructure is playing a vital role as it provides the agility of public cloud infrastructure without the need to relinquish control of hardware. While the security in the public cloud has significantly improved, the enhanced degree of data protection inherited into hyper-convergence is a primary factor that has boosted the adoption of hyper-convergence infrastructure among various organizations. This in turn is expected to drive hyper-converged infrastructure market growth.

By application, the data center consolidation segment dominated the overall hyper-converged infrastructure market analysis in 2018 in terms of revenue and is further expected to endure traction for hyper-converged infrastructure among organizations during the forecast period. This is attributed to high adoption of hyper-converged architecture among the data center organizations as it offers benefits such as lowest power usage effectiveness (PUE), lowest latency, scalability on demand, and others. 

The companies in Asia-Pacific have witnessed to roll out hyper-converged infrastructure, as a distinct to embark company-wide digital transformation projects which in turn has supported the growth of the hyper-converged infrastructure market share in the region. The preference of companies that operate in Asia-Pacific is to work on discrete workloads due to high volumes of data silos generated in the region due to high availability of connected devices, proliferation of applications, and prominence of Internet services. In addition, this approach is more manageable, cost-efficient, and easier to integrate within existing infrastructure  framework.

Key Findings of the Study:

  • By component, the hardware segment dominated the hyper-converged infrastructure market. However, the software segment is expected to exhibit significant growth during the forecast period in the hyper-converged infrastructure industry.
  • By application, the data center consolidation segment accounted for the highest revenue in 2018 and is expected to continue this trend in the coming years.
  • Depending on industry vertical, the BFSI industry generated the highest revenue in 2018. However, the healthcare sector is expected to witness a considerable hyper-converged infrastructure market growth in the near future. 
  • Region wise, Asia-Pacific is expected to witness significant growth in terms of CAGR in the coming years in the HCI market.

Some of the key market players profiled in the hyper-converged infrastructure market forecast include Cisco Systems, Inc., Dell Inc., Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd. , Microsoft Corporation , NetApp, Inc. , Nutanix, Inc. , Pivot3 , Scale Computing, and VMware, Inc.

 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Hyper-Converged Infrastructure Market by Component (Software and Services), Application (Remote Office Or Branch Office, Virtualization Desktop Infrastructure (VDI), Data Center Consolidation, Backup Recovery / Disaster Recovery, Critical Applications Virtualization, and Others), and Industry Vertical (BFSI, IT and Telecommunications, Government, Healthcare, Manufacturing, Energy and Utilities, Education, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Hybrid Cloud Market

Download Sample
rep-img

Published Date Oct 2024

Digital Substation Market

Download Sample

Buy Full Version
"Hyper-Converged Infrastructure Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers