ID: MRFR/SEM/4664-HCR | February 2023 | Region: Global | 100 Pages
The Global Hyper-converged Infrastructure Market has 23.40% CAGR by forecast 2030
$52.7 Billion
23.40%
North America
2022-2030
Globally, the size of hyper-converged infrastructure market is estimated to be USD 52.7 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 23.40% during (2022-2030) driven by demand for data management recovery and protection using a single interface. Hyper-convergence infrastructure has expanded its high grip from recent enterprises to draw its potential to rationalize the distribution of new workloads, optimize infrastructure costs and ease infrastructure management. This further supports the growth of the hyper-converged infrastructure market during the estimated period. HCI architecture is designed for a pay-as-you-go cost model and can scale increasingly, positively affecting market growth. Business-critical applications currently distributed on three-tier IT infrastructure will change to hyper-converged infrastructure as it provides integrated infrastructure systems, stack systems, and reference architectures.
The growing need for data protection, disaster recovery, and reduction in Capital Expenditure and Operational Expenditure are the main factors operating the hyper-converged infrastructure market growth. These factors account for the development of the market as major infrastructure vendors are adopting multi-cloud distribution and hybrid as either data disaster recovery options or backup strategies or as an alternative for on-premises infrastructure. Though, vendor lock-in is a primary factor predicted to hamper the market growth to a certain level. Moreover, an increase in investments in data centre infrastructures is a great factor in the market.
Corona has badly affected the economies and markets at countless levels. To control the pandemic, the government imposed a lockdown and a ban on travelling and many businesses were shut down in several regions. The shutdown of factories, plants and manufacturing units impacted the supply chain globally and negatively affected the distribution channels. However, the manufacturing delivery schedules and sales of products were potentially affected.
The major factors that drive the hyper-converged infrastructure industry involve software systems, rising advancement, and research, development of iT infrastructure, etc. These factors boosted the demand for hyper converged infrastructure market. Other factors include demand for data management recovery and protection using a single interface.
The factors that grow the demand for opportunities in the hyper-converged infrastructure market include the use of data management protection and recovery with a single interface. Other highlights that involve the opportunity are the installation of this system, which is a hyper-converged infrastructure. It will reduce the cost by opting for the method of integration of commodity hardware with an operational model.
There are a few factors that restrain the growth of the hyper-converged infrastructure market. These factors hampered the growth of the hyper-convergence infrastructure market. These factors include vendor login which is proved as a big hindrance. Other factors involve lack of flexibility and elasticity; vendor lock-in usually means that the customer is unable to switch if he/she wants to switch to any other vendor. This means switching is not possible without encouraging switching costs, which proves a bummer in the path of growth. These are all the factors that mean the growth of the hyper-converged infrastructure market.
Some of the benefits of hyper-converged infrastructure include gaining high traction from various enterprises. Positively, in terms of deployment of new workloads is infrastructure management and optimizes infrastructure cost. Further hyper-converged infrastructure can scale incrementally as well as architecture is designed for a pay-as-you-go cost model. Various applications which deploy items for structure with integrated stack system and integrated infrastructure system and integrated reference architect benefit most of the key players.
The global hyper converged infrastructure market is created based on the component, application, and vertical into the following-
Based On The Component:
Based on components the global hyper converged infrastructure market is divided into hardware software and services. The hardware segment is further divided into mobile devices for example tablets and smartphones which are synchronized with debit cards or credit card readers, cash drawers, monitors, and others. The services sector is divided into professional services and managed services.
Based On The Deployment:
The global hyper-converged infrastructure market is divided based on the deployment into on-premises and on the cloud.
Based On The Product:
Based on the product the global hyper-converged infrastructure market is divided into the fixed terminal and wireless POS terminals.
Based On The End-Users:
The global hyper-converged infrastructure market is segmented based on end-users into retail, warehouse, health care, restaurants, hospitality, entertainment, and others.
Based on region the hyper-converged infrastructure market analysis is divided into North America Asia Pacific.
The region of North America shows the largest hyper-converged market share. This domination in the hyper convergence infrastructure market size continues until now. The reason for witnessing such continued growth in the market is the world's prevalence of sound structure and increasing demand for hyper-converged infrastructure industry. This demand continues in many different countries and industries.
In the region of Asia Pacific, the highest growth rate in the market is significantly growing in the forecasted period. The reasons involve investment in technological upgrades in IT sectors. Other factors involved the global covalent outbreak that increased the demand for this interface which in turn has rapidly increased the region's market share.
The prominent key players of the hyper converged infrastructure market in the global market are mentioned down below-
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)
All these prominent key players play a major road in the dynamics and growth of the hyper-converged infrastructure market. These major key players opt for many strategies and policies to widen their customer base. These policies and strategies mainly include collaborations, mergers, acquisitions, extensions, joint ventures, establishments, new production processes, innovations, technology widening the existing products, partnerships, etc. All these important methods are opted to get the needs of customers and develop a strong potential growth base. These major key players contribute a major amount to the sugar frequency and are very helpful in developing innovations to improve the market.
The year 2022
Recent developments are made in terms of data protection and disaster recovery. These fears and their innovations are important for the recovery requirements to raise the demands of HCI. Other developments such as the rising adoption of HCI. These developments are based on organizations reducing operational and capital expenditures.
The hyper converged infrastructure industry is thought to estimate a CAGR growth of 23.40% in the forecasted period of 2022 to 2030. The global hyper converged infrastructure market in the global market research report consists of the following elements which are mentioned down below
Market Overview
Covid 19 analysis
Market dynamics
Value chain analysis
Market segmentation
Regional analysis
Competitive landscape
Recent developments
Intended Audience
In the global hyper-converged infrastructure market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and hands the global market of hyper-converged infrastructure. Various factors restrain the growth of sugar-free confectioneries and hamper the development of such a fine-based market. Disney search report also consists of videos analysis based on Covid 19 impact market dynamics, different segmentations, trends, growth, market statistics, regional analysis, Development etc. This research report also consists of various strategies and policies followed by the major key players that drive the hyper-converged infrastructure market. The future growth rate is also discussed and mentioned in this research report.
Given below is the intended audience for the hyper converged infrastructure market.
Report Attribute/Metric | Details |
---|---|
Market Size | USD 52.7 Billion |
CAGR | 23.40% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Hypervisor Type, Application, Vertical |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Dell EMC (U.S.), Nutanix (U.S.), Hewlett Packard Enterprise Company (U.S.), VMware Inc. (U.S.), Maxta Inc. (U.S.), SimpliVity Corporation (U.S.), Scale Computing (U.S.), Gridstore Inc. (U.S.), Nimboxx Inc. (U.S.), Cisco Systems Inc. (U.S.), and Pivot3 Inc. (U.S.) |
Key Market Opportunities | Reduce the cost by opting for the method of integration of commodity hardware with an operational model |
Key Market Drivers |
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The global hyper-converged infrastructure market is expected to exhibit a 23.40% CAGR over the forecast period from 2022 to 2030.
Rising awareness about data management is the major driver for the global hyper-converged infrastructure market.
North America holds the largest share in the global hyper-converged infrastructure market.
Maxta Inc., VMware Inc., HP, Dell EMC, Scale Computing, Pivot3 Inc., and Cisco Systems Inc., among others.
VMware is the largest segment of the market.