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Hyper-Converged Infrastructure Market Size Report 2023-2028

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IMARC Group, a leading market research company, has recently releases report titled “Hyper-Converged Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the hyper-converged infrastructure market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the hyper-converged infrastructure market?

The global hyper-converged infrastructure market size reached US$ 9.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 26.66% during 2023-2028.

What is the hyper-converged infrastructure?

Hyper-converged infrastructure (HCI) is a comprehensive IT solution combining computing, storage, networking, and virtualization into a single, integrated system. It streamlines data center operations by consolidating these traditionally separate components into a unified platform managed through a centralized interface. It offers organizations a scalable and agile infrastructure that can adapt to evolving business needs. One of the key advantages of HCI is its scalability. Organizations can easily expand their infrastructure by adding more nodes, each containing computing, storage, and networking resources. It allows incremental growth, reducing upfront costs and enabling businesses to align their IT investments with changing requirements. It also offers operational benefits.

With a unified management interface, IT teams can efficiently provide and manage resources, monitor performance, and troubleshoot issues. This centralized control simplifies administration and improves resource allocation, resulting in enhanced agility and faster time to market for new services or applications. It offers inherent data protection and disaster recovery capabilities. The distributed architecture and replication features ensure data availability and resiliency, reducing the risk of data loss and minimizing downtime in case of hardware failures or other disruptions. As a result, hyper-converged infrastructure finds extensive applications in the healthcare, finance, e-commerce, manufacturing, and education industries across the globe.

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What are the growth prospects and trends in the hyper-converged infrastructure industry?

The global hyper-converged infrastructure market is primarily driven by the rising demand for simplified IT management and streamlined operations. HCI offers a unified interface for managing computing, storage, and networking resources. Moreover, the scalability and flexibility provided by HCI enable organizations to easily expand their infrastructure as their needs grow, accommodating changing workloads and business requirements, thereby escalating the product demand. Apart from this, the increasing use of HCI in businesses as it eliminates the need for separate servers, storage arrays, and networking equipment, reducing upfront expenses, and improving resource utilization is positively influencing the market growth. Additionally, the growing use of HCI in integrating computing, storage, and networking in a single platform that improves performance and agility, enabling organizations to adapt to dynamic market conditions and deploy new services quickly, has accelerated the product adoption rate.

Along with this, the surging adoption of HCI, which offers built-in data protection and disaster recovery, ensuring the security and availability of critical data, is propelling the market growth. Besides this, the augmenting support for virtualization technology within HCI solutions provides organizations with the ability to manage and deploy virtual machines efficiently, further enhancing their operational efficiency is contributing to market growth. Furthermore, the escalating demand for cost-effective, scalable, and simplified solutions by organizations to meet their evolving IT infrastructure needs is another major factor supporting the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Component Insights:

  • Hardware
  • Software

Application Insights:

  • Remote Office or Branch Office
  • Virtualization Desktop Infrastructure (VDI)
  • Data Center Consolidation
  • Backup Recovery/Disaster Recovery
  • Critical Applications Virtualization
  • Others

End Use Insights:

  • BFSI
  • IT and Telecommunications
  • Government
  • Healthcare
  • Manufacturing
  • Energy and Utilities
  • Education
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=4173&flag=C

Who are the key players operating in the industry?

The report covers the major market players including:

  • Cisco Systems Inc.
  • DataCore Software Corporation
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Company
  • Hitachi Vantara Corporation
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation
  • Microsoft Corporation
  • NetApp Inc.
  • Nutanix Inc.
  • Quantum Corporation
  • Scale Computing

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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