Global Converged Infrastructure Solutions and Services Market to Reach US$151.8 Billion by 2030
The global market for Converged Infrastructure Solutions and Services estimated at US$42.5 Billion in the year 2023, is expected to reach US$151.8 Billion by 2030, growing at a CAGR of 19.9% over the analysis period 2023-2030. Hyperconverged Systems, one of the segments analyzed in the report, is expected to record a 20.8% CAGR and reach US$90.3 Billion by the end of the analysis period. Growth in the Certified Reference Systems & Integrated Infrastructure segment is estimated at 19.3% CAGR over the analysis period.
The U.S. Market is Estimated at US$11.7 Billion While China is Forecast to Grow at 18.9% CAGR
The Converged Infrastructure Solutions and Services market in the U.S. is estimated at US$11.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.8 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 17.7% and 16.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.
Global Converged Infrastructure Solutions and Services Market - Key Trends & Drivers Summarized
How Are Organizations Leveraging Converged Infrastructure For IT Modernization?
Converged Infrastructure (CI) solutions and services are becoming integral to IT modernization efforts across organizations of all sizes. CI integrates compute, storage, networking, and virtualization resources into a single, unified system, significantly simplifying IT operations, reducing costs, and accelerating deployment times. Organizations are increasingly adopting CI to replace their traditional, siloed data center infrastructures with more flexible and scalable solutions that can support modern workloads, such as big data analytics, artificial intelligence (AI), and cloud computing. The growing demand for digital transformation and the need for efficient management of data and applications are pushing businesses toward CI solutions, which offer improved performance, simplified management, and faster time-to-market for new services and applications.
What Technological Innovations Are Transforming Converged Infrastructure Solutions?
Technological innovations are playing a pivotal role in transforming Converged Infrastructure solutions and services, making them more versatile and efficient. One of the significant advancements is the integration of hyper-converged infrastructure (HCI), which combines CI with advanced software-defined capabilities. This allows for more agile and scalable environments that can adapt to changing business needs. Additionally, the adoption of all-flash storage arrays and NVMe technology within CI systems is enhancing data processing speeds and reducing latency, providing superior performance for demanding workloads. Advances in management software and orchestration tools are also enabling more automated and policy-driven operations, reducing the administrative overhead and human error associated with managing complex IT environments. The incorporation of artificial intelligence and machine learning for predictive maintenance and workload optimization is further driving the evolution of CI solutions, making them smarter and more adaptive.
How Are Key Industries Benefiting From Converged Infrastructure Solutions?
Key industries such as healthcare, finance, retail, and manufacturing are reaping significant benefits from adopting Converged Infrastructure solutions. In healthcare, CI is streamlining the management of vast amounts of medical data, enabling faster data processing and supporting critical applications like electronic health records (EHRs) and telemedicine. The financial sector is leveraging CI to enhance data security, ensure compliance, and improve the performance of trading and transaction systems. Retailers are using CI to support e-commerce platforms, inventory management, and customer analytics, ensuring seamless operations and better customer experiences. In manufacturing, CI is facilitating the integration of IoT devices and supporting smart factory initiatives by providing the computational power needed to process data from connected machinery and sensors. These examples highlight the growing significance of CI across various sectors, driven by the need for operational efficiency and digital transformation.
What Factors Are Driving The Growth Of The Converged Infrastructure Solutions And Services Market?
The growth in the Converged Infrastructure solutions and services market is driven by several factors, including the increasing demand for simplified IT management, the need for improved data center efficiency, and the rising adoption of hybrid cloud environments. A key driver is the ability of CI solutions to reduce total cost of ownership (TCO) by lowering capital expenditures (CapEx) and operational expenditures (OpEx) associated with traditional IT infrastructures. The growing trend of digital transformation across industries is also accelerating the demand for CI, as businesses seek to modernize their IT environments to remain competitive. Furthermore, the ongoing advancements in HCI and software-defined technologies are expanding the capabilities of CI solutions, making them more attractive to organizations looking for flexibility and scalability. Additionally, the need for disaster recovery, data protection, and compliance management is driving enterprises toward integrated CI solutions that offer robust security and backup features. These factors are collectively propelling the growth of the CI market globally.
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