Hyper-Converged Infrastructure Market, By Component (Software, Hardware), By Application (Remote office or branch office, Virtualization Desktop Infrastructure (VDI), Datacentre, consolidation, virtualizing critical applications, Backup recovery/disaster recovery, Others), By Industry Vertical (BFSI, IT and Telecommunications, Government, Healthcare, Manufacturing, Energy and Utilities, Education, Others), By Region – Global Analysis Forecast Till 2030

Globally, the size of the Hyper-Converged infrastructure market is estimated to be USD 53.1 billion by 2030, at a CAGR of 24.10% during (2022-2030)

Hyper-converged infrastructure has recently expanded its grip on enterprises to unleash its potential to streamline the distribution of new workloads, optimize infrastructure costs, and facilitate infrastructure management. This further supports the growth of the hyper-converged infrastructure market over the forecast period. The HCI architecture is designed for a pay-as-you-go cost model and is increasingly scalable, which positively impacts market growth. Business-critical applications currently distributed across three-tier IT infrastructures will change to hyper-converged infrastructures, providing unified infrastructure systems, stack systems, and reference architectures.

Increasing demand for data protection, disaster recovery, and decreasing capital expenditures and operational expenditures are the major factors operating the hyper-converged infrastructure market growth. These factors account for the evolution of the market as major infrastructure vendors adopt multi-cloud deployments and hybrids as data disaster recovery options or backup strategies or alternatives to on-premise infrastructure. However, vendor lock-in is a major factor expected to hamper the market growth to some extent. Also, increasing investment in data center infrastructure is a huge factor in the market.

Hyperconverged infrastructure (HCI) is a revolutionary technology that combines computing, storage, and networking resources into a single, software-defined platform. With hyper-convergence, organizations can streamline their IT operations by eliminating the need for separate systems and instead leverage hyper-converged solutions. These solutions offer significant benefits, including increased scalability, simplified management, and improved resource utilization. Hyperconverged systems enable organizations to seamlessly scale their infrastructure as their needs grow, making it a cost-effective and flexible solution for modern data centers. With hyper-converged technology, businesses can achieve a converged infrastructure that optimizes performance and enhances operational efficiency.

Market Dynamics:

Drivers:

The main factors driving the hyper-converged infrastructure industry are software systems, advancement, and research and development of IT infrastructure. Another factor is the need for data management recovery and protection using a single interface.

Restraints:

There are several factors restraining the hyper-converged infrastructure market growth. These factors have hampered the growth of the hyper-converged infrastructure market. These factors include vendor logins that have proven to be major obstacles. Other factors include a lack of flexibility and resilience. Vendor lock-in usually means that customers cannot switch if they want to switch to another vendor. This means that conversion is impossible without incentivizing conversion costs, which proves a pity in the growth path. All of these factors signify growth for the hyper-converged infrastructure market.

Key players:

• Ingenico S.A. (France)

• Verifone Systems (U.S.)

• PAX Technology (Hong Kong)

• HP Company (U.S)

• Cisco Systems (U.S)

• Elavon (U.S.)

• Castles Technology (Taiwan)

• Newland Payment Technology (China)

• Panasonic Corporation (Japan)

• CITIXSYS AMERICAS (U.S.)

• Touchbistro (Canada)

• NCR Corporation (U.S.)

• Diebold Nixdorf (U.S.)

• Zebra Technologies (U.S.)

• Squirrel Systems (Canada)

• BBPOS (Hong Kong)

Market Segmentation:

By Component,

• Hardware

• Software

By Application,

• Remote office or branch office

• Virtualization Desktop Infrastructure (VDI)

• Data center consolidation

• Backup recovery/disaster recovery

• Virtualizing critical applications

• Others

By Industry Vertical,

• BFSI

• IT and Telecommunications

• Government

• Healthcare

• Manufacturing

• Energy and Utilities

• Education

• Others

Regional Analysis:

Based on region, the hyper-converged infrastructure market analysis is split into North America and Asia Pacific.

North America shows the largest hyper-converged market share. This hyper-converged infrastructure market size domination continues to this day. The reasons for witnessing the continued growth of these markets are the increasing prevalence of sound structures and the growing demand for the hyper-converged infrastructure industry across the globe. This demand continues in various countries and industries.

The Asia-Pacific region is witnessing a significant increase in the highest growth rate in the market during the forecast period. The reason has to do with investments in technology upgrades in the IT sector. Other factors are related to the global share outbreak that has increased the demand for this interface, which has rapidly increased its market share in the region.

Scope of the Report:

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