1. Market Research
  2. > ICT Market Trends
Global Hyper-Converged Infrastructure Market: Analysis By Component, By Application, By End-User, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

Global Hyper-Converged Infrastructure Market: Analysis By Component, By Application, By End-User, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

  • August 2022
  • 164 pages
  • ID: 6313468
  • Format: PDF
  • Daedal Research

Summary

Table of Contents

Search Inside

The global hyper-converged infrastructure market in 2021 was valued at US$8.98 billion. The market is expected to reach US$38.58 billion by 2027. Hyper-converged infrastructure (HCI) is referred to as an information technology that is a combination of various elements namely storage, computing, and networking which are virtualized to provide a single system for users and decrease the complexities related to the data center and upturn scalability. HCI is composed of virtualized computing (hypervisor), software-defined storage, and virtualized networking.

Due to the requirement for increased simplicity, agility, and hybrid deployments, businesses are abandoning traditional storage, server, and networking solutions in favor of hyper-converged infrastructure (HCI), which is changing the modern data center and technology updates. The market is expected to grow at a CAGR of 27.50% during the forecast period of 2022-2027.

Market Segmentation Analysis:

By Component: The report provides the bifurcation of the market into two segments based on the component: Hardware and Software. In 2021, Hardware held a major share of 69% in the market as organizations are increasingly turning to hyper-converged infrastructure to simplify complexity for both hardware and virtualized environments. On the other hand, the software segment is expected to grow at the highest CAGR in the forthcoming years.

By Application: The market is segmented based on application (Data Center Consolidation, Backup Recovery or Disaster Recovery, Critical Applications Virtualization, Virtualization Desktop Infrastructure, Remote Office or Branch Office, and Others). The data center consolidation segment held the major of 25.4% in the market, Whereas, the backup recovery or disaster recovery is expected to grow at a significant rate owing to the rising number of data breaching cases.

By End-User: The report further provided the segmentation based on the end-user: BFSI, IT and Telecom, Manufacturing, Healthcare, Government, Energy & Utilities, Education, and Others. The BFSI held the one-fourth share in the market. Hyper-converged systems tick all critical boxes in the banking, financial services, and insurance (BFSI) industry, such as reducing time in managing infrastructure, as well as ensuring scalability of infrastructure, availability of critical workloads, and disaster recovery (DR). In addition, these systems solve the issue of single-vendor networking infrastructure. Thus, the adoption of HCI in BFSI is expected to grow in the coming years.

By Region: The report provides insight into the hyper-converged infrastructure market based on the regions namely North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America held the major share of 38% in the market as the growing number of connected devices and video services are expected to broaden the reach of the hyper-converged industry in North America. Asia Pacific is expected to grow at the highest CAGR of 30.1% in the forthcoming years. The rise in ICT infrastructure investments by government bodies and private companies has enhanced the need to modernize data center structures. Moreover, this is mainly owing to the increase in service requirements among the ever-increasing population base in various Asia Pacific countries. In Europe, Germany occupied the major share of approx. 23% in the market.

Market Dynamics:

Growth Drivers: One of the most important factors impacting the hyper-converged infrastructure market is the need for enhanced data protection and disaster recovery solutions. To reduce complexity in both hardware and virtualized settings, organizations are turning to HCI. Furthermore, the market has been growing over the past few years, due to factors such as shifting workload towards the cloud, growing HCI adoption rate by emerging countries, optimistic organization behavior for HCI installation, data center consolidation, and increasing demand from the healthcare industry and SMEs, etc.

Challenges: However, the market has been confronted with some challenges specifically, limitations due to dual-socket servers, challenges of HCI implementation, etc.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as the shift to subscription-based contracts, benefits from HCI adoption, the transition towards a multi-cloud environment, and moving toward edge computing, HCI automation, etc. The majority of the market-share leaders in multi-cloud deployments and hybrid cloud services are adopting hyper-converged infrastructure. For instance, the Dell Technologies Cloud platform, which is based on VxRail, the leading hyper-converged technology in the industry, is Dell Technologies’ most aggressive cloud investment in years.

Impact Analysis of COVID-19 and Way Forward:

During the pandemic, the use of hyper-converged infrastructure increased since activities in the IT business were often carried out through a ’work from home’ framework. As a result, hyper-converged infrastructure was in high demand in the IT industry all over the world. Furthermore, due to the pandemic, the new hyper-converged infrastructure installation has been postponed. On the contrary, the advent of hyper-converged infrastructure as a viable alternative to public cloud computing would have a beneficial impact on the market and considerably contribute to its growth in the forthcoming years.

Competitive Landscape:

The global hyper-converged infrastructure market is considerably dominated. The key players of global hyper-converged infrastructure market are:

IBM Corporation
Fujitsu Ltd.
Microsoft Corporation
Nutanixv VMware, Inc.
Dell Technologies Inc.
Cisco Systems, Inc.
Hewlett Packard Enterprise Company
Huawei Investment & Holding Co. Ltd.
NetApp, Inc.
Quantum Corporation (Pivot3 Inc.)
Scale Computing
DataCore Software
StorMagic

In 2021, Vmware Inc., announced the acquisition of Octarine Inc., in order to expand the company’s security abilities for containers and kubernetes. The application running on Kubernets and would integrate security capabilities into the fabric of the present IT and DevOps environments.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Middle East & Africa Customer Communication Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component, Deployment, Enterprise Size, and Industry

  • $ 3000
  • August 2022
  • 134 pages

The MEA customer communication management market is expected to grow from US$ 63.41 million in 2022 to US$ 101.84 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028. Natural ...

  • World
  • Saudi Arabia
  • Cloud Computing
  • ICT
  • Industry analysis
  • Printing Production
  • Social Media Usage

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on