Global Hyper-Converged Infrastructure Market Expected to Reach USD 21.13 Billion By 2024: Zion Market Research

According to the report, the global hyper-converged infrastructure market was valued at approximately USD 1.62 billion in 2017 and is expected to reach approximately USD 21.13 billion by 2024, at a CAGR of around 44.28% between 2018 and 2024.

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New York, NY, Jan. 21, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Hyper-Converged Infrastructure Market By Hypervisor (Vmware (Vsphere/ESX/ESXi), Hyper-V, and KVM), By Application (Server Virtualization, Data Protection, Virtual Desktop Infrastructure, Remote Office/Branch Office, Cloud, and Others), and By Vertical (Healthcare, Financial Institutions, Education, Government, and Cloud Service Providers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global hyper-converged infrastructure market was valued at approximately USD 1.62 billion in 2017 and is expected to reach approximately USD 21.13 billion by 2024, at a CAGR of around 44.28% between 2018 and 2024.

Hyper-converged infrastructure (HCI) is an IT framework that includes centralized management of integrated infrastructural resources and virtualization of all hardware components of a traditional data center environment within a software-defined architecture. Hyper-converged infrastructure helps various data center functions run in a close integrated software layer to simplify the service delivery that earlier required purpose-built hardware.

Browse through 66 Tables & 35 Figures spread over 157 Pages and in-depth TOC on “Global Hyper-Converged Infrastructure Market Size, Share 2017 Report: Industry Type, Growth, Trends, Segments, Analysis and Forecast 2024”.

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The increasing use of virtualization to overcome the complexity is expected to drive the growth of the hyper-converged infrastructure market globally over the projected time period. The increasing demand from various application segments to reduce the overall IT operating cost and the escalating need for disaster recovery and data protection are other factors likely to support the development of the hyper-converged infrastructure market in the future. Due to the presence of a storage controller, which is a software service in HCI, the requirement of expensive SAN or NAS hardware gets eliminated. However, the selection of appropriate bundled solutions and hypervisor depend on specific infrastructure requirement which might limit the hyper-converged infrastructure market growth on a global scale. However, selection of appropriate bundled solutions and hypervisor depend on specific infrastructure requirement which might limit the hyper-converged infrastructure market growth on a global scale.

The global hyper-converged infrastructure market is classified into hypervisor, application, and vertical. By hypervisor, the global hyper-converged infrastructure market includes Vmware (Vsphere/ESX/ESXi), Hyper-V, and KVM. By application, the market is divided into server virtualization, data protection, virtual desktop infrastructure, remote office/branch office, cloud, and others. Data protection is expected to dominate the market in the upcoming years. By vertical, this global market includes healthcare, financial institutions, education, government, and cloud service providers.

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By region, the global hyper-converged infrastructure market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to hold the largest share in the global hyper-converged infrastructure market in the years ahead. The booming IT and software industry in the U.S. is the major growth driver of the region’s hyper-converged infrastructure market. The U.S. has the most advanced information technology (IT) and software industry in the world, which contributes approximately USD 1.14 trillion to the U.S. GDP. Furthermore, North America is likely to have a large market share globally, owing to the presence of a large number of hyper-converged infrastructure vendors in the U.S.

Europe is likely to witness moderate growth in the global hyper-converged infrastructure market in the future, owing to the increasing popularity of network virtualization among the European IT players. Stordis, the German company, is the leading supplier of open source networking software and hardware to the network virtualization service providers across the European region. The company offers support and consultancy services to help Europe-based service providers to adopt open source networking software. This, in turn, is likely to further fuel the region’s hyper-converged infrastructure market in the years ahead.

Browse the full “Hyper-Converged Infrastructure Market By Hypervisor (Vmware (Vsphere/ESX/ESXi), Hyper-V, and KVM), By Application (Server Virtualization, Data Protection, Virtual Desktop Infrastructure, Remote Office/Branch Office, Cloud, and Others), and By Vertical (Healthcare, Financial Institutions, Education, Government, and Cloud Service Providers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024” Report at https://www.zionmarketresearch.com/report/hyper-converged-infrastructure-market

The Asia Pacific region is expected to register the highest growth rate in the global hyper-converged infrastructure market in the years ahead. This can be attributed to the increasing demand for server virtualization and applications based on a virtual environment, such as virtual desktop infrastructure (VDI), in the Asia Pacific region. Furthermore, growing awareness of data management through a common interface at lower operational cost and increasing popularity of infrastructure-as-a-service (IaaS) solutions are likely to further contribute to the growth of the region’s hyper-converged infrastructure market in the future.

Latin America is expected to witness a moderate rate of growth in the hyper-converged infrastructure market over the estimated period. The growing adoption of cloud technologies, which, in turn, is likely to the drive the region’s hyper-converged infrastructure solutions in the years ahead.

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Some key players of the hyper-converged infrastructure market are Simplivity Corporation, Scale Computing, Cisco Systems, Inc., Gridstore, Inc., Pivot3, Vmware Inc., Nutanix Inc., Maxta Inc., and Nimboxx Inc., among others.

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This report segments the global hyper-converged infrastructure market into:

Global Hyper-Converged Infrastructure Market: Hypervisor Analysis

  • Vmware (Vsphere/ESX/ESXi)
  • Hyper-V
  • KVM

Global Hyper-Converged Infrastructure Market: Application Analysis

  • Server Virtualization
  • Data Protection
  • Virtual Desktop Infrastructure
  • Remote Office/Branch Office
  • Cloud
  • Others

Global Hyper-Converged Infrastructure Market: Vertical Analysis

  • Healthcare
  • Financial Institutions
  • Education
  • Government
  • Cloud Service Providers

Global Hyper-Converged Infrastructure Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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