Hyper-Converged Infrastructure (HCI) market To Top A Valuation Of USD 7.34 Billion By 2028
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Rising demand for better data security and disaster recovery solutions and increasing need to improve workload performance
VANCOUVER, BC, CANADA, May 25, 2022 /EINPresswire.com/ -- The global Hyper-Converged Infrastructure (HCI) market size reached USD 7.34 Billion in 2020 and is expected to register a revenue CAGR of 26.8%, during the forecast period, according to latest analysis by Emergen Research.
Rising need for better data security and disaster recovery solutions and growing demand to improve workload performance are some key factors driving global hyper-converged infrastructure market revenue growth. Increase in incidents of crucial data loss with on-premises facilities, lack of protection and flexibility, and increased investment in outdated software and hardware is resulting in an increasing majority of businesses deploying infrastructure security solutions, including disaster recovery and data security solutions.
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For all types of virtual, physical, filetypes, and databases, HCI systems enable full backup and recovery environments that are scalable, robust, and reliable, and this is expected to increase its adoption going ahead. Rising adoption of hybrid cloud technology is also expected to boost revenue growth of the market over the forecast period.
Some major players in the market include VMware, Inc., Microsoft Corporation, International Business Machines Corporation, Cisco Systems, Inc., Nutanix, Inc., Dell EMC, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Company, NetApp, Inc., and StorMagic Ltd.
The report projects the market is anticipated to grow at a significant rate owing to rapid advancements and technological developments in the sector. The report offers strategic recommendations to businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.
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Emergen Research has segmented the global hyper-converged infrastructure market on the basis of component, design, deployment, application, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Software
Hardware
Design Outlook (Revenue, USD Billion; 2018–2028)
Integrated HCI
Disaggregated HCI
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Full Replacement HCI Deployment
Side-by-side HCI Deployment
Per-application HCI Deployment
Application Outlook (Revenue, USD Billion; 2018–2028)
Virtualizing Critical Applications
Virtualization Desktop Infrastructure
Remote Office
Backup & Recovery
Data Center Consolidation
Others
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprises
Small and Medium-sized Enterprises
End-Use Outlook (Revenue, USD Billion; 2018–2028)
BFSI
Healthcare
IT & Telecom
Education
Manufacturing
Government
Energy & Power
Others
Key Highlights from the Report
Hardware segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. As high performance is required for workloads, including real-time data analytics, an organization’s hardware capabilities are important, and this is expected to drive growth of this segment going ahead.
Disaggregated HCI segment is expected to lead in terms of revenue share contribution over the forecast period. In hyper-converged infrastructure, disaggregated architecture is rapidly gaining popularity. CPUs and memory can be hosted in a single compute cabinet in disaggregated HCI hardware deployment; whereas, storage can be hosted in a distinct storage container/unit.
Side-by-side HCI deployment segment is expected to lead in terms of revenue over the forecast period. The HCI platform is placed alongside traditional heterogeneous equipment in an existing data center through side-by-side deployment. This approach allows companies to seamlessly transfer workloads to HCI over a short time and long period.
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Regional Analysis:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
Study of the global Hyper-Converged Infrastructure market size by key regions, types, and applications with reference to historical data (2018-2019) and forecast (2021-2028)
Industrial structure analysis of the Hyper-Converged Infrastructure market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Hyper-Converged Infrastructure market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Hyper-Converged Infrastructure market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Hyper-Converged Infrastructure (HCI) Market Trends, Competitors Strategy, Segments 2028
