The global hyper-converged infrastructure market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Hyper-converged infrastructure (HCI) includes computing, storage, and network resource that makes HCI a single system framework. This system allows organizations and infrastructures to deploy and manage their operations with a single user interface. Optimum infrastructure cost with reduced capital expenditure (CAPEX) and operational expenditure (OPEX), ease of management among infrastructure, and installation of new workloads are some key factors that accelerate the demand for hyper-converged infrastructure in an enterprise. The system is designed with a pay-as-you-go model and scale incrementally feature that will further support the market growth. Additionally, the significant increase in the demand for data protection and disaster recovery will surge the adoption of hyper-converged infrastructure in an enterprise owing to managing the processes including storage, computing, and network with enhanced flexibility.
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To strengthen the position and remain competitive in the market, key vendors including Huawei Technologies Co., Ltd., Cisco Systems, Inc., VMware Inc., and Netapp Inc., among others adopted strategies to remain competitive in the market. For instance, in May 2020, HPE announced to launch an improved HPE SimpliVity 325 Gen 10 HCI with the innovative 2nd Gen AMD EPYCTM processor. This advancement enables a 50% reduced cost per virtual desktop and provides a remote workforce in an enterprise. Dell EMC in August 2018, extend its footprints in Malaysia to provide VxRail appliances 4.5 with various enhanced features including hardware flexibility, economic cost, and elevated interoperability. In March 2019, Huawei announced a partnership with Nutanix to expand the product portfolio of Nutanix HCI solutions.
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Market Coverage
- Segment Covered-
o By Application
o By Component
o By Industry Vertical
- Competitive Landscape- Huawei Technologies Co., Ltd., Cisco Systems, Inc., VMware Inc., and Netapp Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hyper-Converged Infrastructure Market Report Segmentation
By Application
- Remote Office or Branch Office
- Virtualization Desktop Infrastructure (VDI)
- Data Center Consolidation
- Backup Recovery/Disaster Recovery
- Virtualizing Critical Applications
- Others
By Component
- Hardware
- Software
By Industry Vertical
- BFSI
- IT and Telecommunications
- Government
- Healthcare
- Manufacturing
- Energy and Utilities
- Education
- Others
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