Hyper-Converged Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Hyper-Converged Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global hyper-converged infrastructure market size reached US$ 7.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.4 Billion by 2027, exhibiting a growth rate (CAGR) of 26.1% during 2022-2027.

Hyper-converged infrastructure (HCI) is a software-centric, unified system that combines and transforms elements, such as storage, computer, network, and management, of a traditional data center into a distributed platform. It relies on intelligent software components to create flexible building blocks that replace legacy infrastructure of separate servers and storage networks and arrays. Presently, service providers are offering advanced features, such as broad flexibility to ensure a shared operating environment across hybrid cloud using existing virtualization tools. As a result, organizations across the globe are incorporating HCI into their core business processes for better storage, great scaling ability, and enhanced information technology (IT) efficiency.

Hyper-Converged Infrastructure Market Trends:
Due to the global outbreak of coronavirus disease (COVID-19) and the resulting lockdown restrictions imposed by governing agencies of numerous countries, there is a significant rise in the need for HCI to keep businesses running. HCI solutions provide an agile IT platform that enables employees to work remotely. Healthcare organizations are also utilizing HCI solutions to manage vaccine-related data requirements. Additionally, the growing prevalence of chronic diseases and easy access to medical services is resulting in an increasing volume of data. This, in confluence with digital transformation in the healthcare industry, is further catalyzing the demand for HCI solutions to overcome the challenges of data access and improve staff login times. Moreover, the emerging automation trend is driving the need for HCI solutions in small and medium-sized enterprises (SMEs) as they eliminate manual processes and improve storage capabilities. Apart from this, the growing use of online banking services is influencing the adoption of HCI in the banking, financial services, and insurance (BFSI) sector worldwide for seamless work experience.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hyper-converged infrastructure market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application and end use.

Breakup by Component:

Hardware
Software

Breakup by Application:

Remote Office or Branch Office
Virtualization Desktop Infrastructure (VDI)
Data Center Consolidation
Backup Recovery/Disaster Recovery
Critical Applications Virtualization
Others

Breakup by End Use:

BFSI
IT and Telecommunications
Government
Healthcare
Manufacturing
Energy and Utilities
Education
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cisco Systems Inc., DataCore Software, Dell Technologies Inc., Hewlett Packard Enterprise Company, Hitachi Vantara Corporation, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NetApp Inc., Nutanix Inc., Pivot3 and Scale Computing.

Key Questions Answered in This Report:
How has the global hyper-converged infrastructure market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global hyper-converged infrastructure market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global hyper-converged infrastructure market and who are the key players?
What is the degree of competition in the industry?