According to the latest report by IMARC Group, titled, “Hyper-Converged Infrastructure Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global hyper-converged infrastructure market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 16% during 2021-2026.
Hyper-converged infrastructure (HCI) is a platform that pools directlyattached storage tominimize the need for a storage array. It aims to eliminate siloes of management while utilizing the benefits gained from visualization and expanding them to an exponentially higher degree. Presently, small and medium-sized businesses are widely incorporating HCI into their core business processes to facilitate management efficiency.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Hyper-Converged Infrastructure Market Trends:
The global market is majorly driven by the rising digital transformations across multiple industries. Furthermore, HCI is widely employed in thebanking, financial services, and insurance (BFSI) sector to meet customer needs in a streamlined and effective manner. Coupled with the increasing adoption of hybrid and multi-cloud services for data protection across the globe, this is providing an impetus to the market growth. Moreover, rising investmentsto upgradethe data center infrastructure has positively influenced market growth. Also, with the rapid outbreak of the COVID-19 pandemic, there has been a significant rise in the adoption of HCI to enable employees to work remotely.
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Global Hyper-Converged Infrastructure Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Cisco Systems Inc., DataCore Software, Dell Technologies Inc., Hewlett Packard Enterprise Company, Hitachi Vantara Corporation, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NetApp Inc., Nutanix Inc., Pivot3 and Scale Computing.
The report has segmented the market on the basis on component, application and end use.
Breakup by Component:
- Hardware
- Software
Breakup by Application:
- Remote Office or Branch Office
- Virtualization Desktop Infrastructure (VDI)
- Data Center Consolidation
- Backup Recovery/Disaster Recovery
- Critical Applications Virtualization
- Others
Breakup by End Use:
- BFSI
- IT and Telecommunications
- Government
- Healthcare
- Manufacturing
- Energy and Utilities
- Education
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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