The 2023 report on the “Hyper-Converged Infrastructure Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Hyper-Converged Infrastructure (HCI) Market is valued approximately USD 6.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 28.1 % over the forecast period 2020-2027. Hyper-convergence is a software-centric design that compute, store and visualize the resources in a single system.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
A hyper-converged system allows the integrated technologies to be managed as a single system through a common tool set and can be expanded through the addition of nodes the base unit. It helps organizations in complying with various regulations, including capital requirements in banking or eligibility requirements for government benefits. The global Hyper-Converged Infrastructure is facing challenges due to the coronavirus pandemic as massive slowing of the supply chain and various organizations are temporary shutdown.
However, the global Hyper-Converged Infrastructure is highly in demand due to the coronavirus pandemic as employees are asked to work from home and rising concerns for better virtual supporter software. The increasing data protection and disaster recovery requirements to rise demand for HCI and rising adoption of HCI among organizations to reduce Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) encourages the growth of Hyper-Converged Infrastructure Market. Furthermore, the introduction of solutions and services along with other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 07th May 2020, Hewlett Packard Enterprise (HPE) launched HPE SimpliVity 325 Gen 10 hyperconverged infrastructure solution (HCI) with the new 2nd Gen AMD EPYCTM processor, doubles the virtual desktops supported per server to provide businesses a 50% lower cost per remote worker.
However, restriction on hypervisor selection is the major factor restraining the growth of global Hyper-Converged Infrastructure market during the forecast period.
The regional analysis of global Hyper-Converged Infrastructure Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies growing focus on VDI and server virtualization, and popularity of using infrastructure-as-a-service (IaaS) solutions.
Major market player included in this report are:
Dell EMC
Nutanix
Cisco
HPE’
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Huawei
Netapp
Vmware
Pivot3
Scale Computing
Stratoscale
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Hardware
Software
Application:
Remote office/branch office
Virtualization Desktop Infrastructure (VDI)
Data center consolidation
Backup/recovery/disaster recovery
Virtualizing critical applications
Others
By Organization Size:
Large Enterprises
Small and Medium-Sized Enterprises
By End User:
Cloud Providers
Colocation Providers
Enterprises
By Enterprise:
Banking, Financial Services, and Insurance (BFSI)
IT and telecom
Government
Healthcare
Manufacturing
Energy
Education
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Market Dynamics:
- Surging air traffic: As the global aviation industry continues to expand, there is a corresponding increase in market demand.
- Heightened emphasis on safety and reliability: The aerospace and defense sector places significant importance on ensuring safety and reliability, which drives the need for top-notch market offerings.
- Growing commitment to environmental sustainability: The aerospace and defense industry is increasingly dedicated to reducing its carbon footprint, resulting in the adoption of sustainable aviation fuels.
- Escalating globalization: The growth of international trade and travel propels the demand for market solutions.
- Increasing desire for private air transportation: The rising number of affluent individuals and their preference for exclusive air travel are generating fresh opportunities in the market.
- Expanding utilization of digital fuel management systems: The integration of digital fuel management systems facilitates efficient fuel consumption and reduces associated costs.
- Advancements in fuel cell technology: Ongoing developments in fuel cell technology unlock new possibilities for the production of sustainable market alternatives.
- Mounting demand for air cargo transportation: The flourishing e-commerce sector fuels an increasing need for air cargo transportation, thereby driving the demand for market offerings.
- Rising defense budgets: Governments worldwide are augmenting their defense spending, leading to heightened market demand.
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