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Market Research Report
Hyper-Converged Infrastructure Market by Component (Hardware and Software), Application (Remote office/branch office, Virtualization Desktop Infrastructure, and Data center consolidation), Organization Size, Vertical, Region - Global Forecast to 2023 |
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| Published by | MarketsandMarkets | Product code | 358515 | ||||
| Published | Content info | 137 Pages Delivery time: 1-2 business days |
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| Hyper-Converged Infrastructure Market by Component (Hardware and Software), Application (Remote office/branch office, Virtualization Desktop Infrastructure, and Data center consolidation), Organization Size, Vertical, Region - Global Forecast to 2023 | ||
| Published: January 8, 2019 | Content info: 137 Pages |
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"Increasing data protection requirements to drive the demand for Hyper-Converged Infrastructure (HCI) solutions across the globe"
The global HCI market size is expected to grow from USD 4.1 billion in 2018 to USD 17.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. HCI helps organizations in complying with various regulations, including capital requirements in banking or eligibility requirements for government benefits. Hypervisors play an important role during the deployment of any virtualization. However, in HCI, the choice is limited as the hypervisors offered are vendor-dependent. These factors may restrict the adoption of HCI solutions.
HCI solution combines all the typical data center hardware-based resources which are storage, compute, and networking onto an industry-standard server. The hardware components are available in 3 options: engineered appliances, certified nodes, and customized solutions. End users can choose any of these based on their specific requirements.
HCI is available with data reduction features, such as deduplication and compression. These advantages of HCI reduce the overall hardware requirement in the data center infrastructure. Moreover, it reduces the requirement of separate backup software, deduplication appliances, and Solid-State Drive (SSD) arrays. Organizations are increasingly adopting infrastructure refresh and cost optimization projects. HCI solutions enable organizations to consolidate all or a part of their data center in their premises. It would positively impact the growth of HCI market over the forecast period.
North America is estimated to hold the largest market size in the global HCI market in 2018. North America is the most matured region in the HCI market, as most large enterprises are in the region. On the other hand, the HCI market in APAC is expected to witness exponential growth to become the fastest-growing region.
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the primary profiles is given below:
The key vendors profiled in the report are as follows:
The market has been segmented on the basis of components (hardware and software). The application segment in the market includes remote office/branch office, Virtualization Desktop Infrastructure (VDI), data center consolidation, backup/recovery/disaster recovery, virtualizing critical applications, and others. The organization size segment is divided into Small and Medium-sized Enterprises (SMEs) and large enterprises. The market by vertical covers Banking, Financial Services, and Insurance (BFSI), IT and telecom, government, healthcare, manufacturing, energy, education, and others. The market by region has 5 major regions, namely, North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
INFRASTRUCTURE MARKET 30
*Details on Business Overview, Hardware Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.
