Market Overview —
Hyper-convergence is a software-centric architecture that firmly integrates storage, virtualization, and compute resources in a single system that generally comprises x86 hardware. The hyper-converged system can also be sold as software that can be installed on a customer's existing hardware or as hardware bought particularly for the installation. A hyper-converged system facilitates the integrated technology to be managed as a single system by the means of a common tool set. Majority of the hyper-converged system involves a minimum of three hardware nodes for increased availability and can be developed through the inclusion of nodes to the base unit. A bunch of nodes is referred to as a cluster. Market Research Future (MRFR) has conducted an exhaustive study on the global hyper-converged infrastructure market. The study concluded that the market is likely to expand at an approximate CAGR of 43% over the assessment period 2017 to 2023. Hyperconvergence is a good option for businesses that have heavily capitalized on virtualization technologies but are still experiencing issues with the cost of data protection, storage, and complexity of data preservation. It is also an extremely beneficial technology for enterprises that focuses their money, employee resources, and time, more on the operational aspects of their organizations and less on upholding the infrastructure.
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The global market for hyper-converged infrastructure is broadly segmented based on the vertical, hypervisor type, and application. Based on vertical, the global hyper-converged infrastructure market is sub-segmented into healthcare, BFSI, education, government, and others. Under vertical, the healthcare sub-segment is estimated to develop at the highest rate over the review period. This growth can be attributed to the expanding demand for competitive pricing for deploying, managing VDI, and virtual data access. Also, increasing application of IT for maintaining health and personal information of the patients is gradually driving the growth of the market. Besides, reduced total cost of ownership coupled with low capital expenditure assists in the adoption of hyper-converged infrastructure across the world. Based on hypervisor type, the VMware sub-segment is likely to hold the largest share in the global hyper-converged infrastructure market on account of the ease of availability of hyper-converged infrastructure services for a wide array of applications along with better after sales services. Increasing demand for hyper-convergence services is further estimated to fuel the market growth. Based on application, the market is segmented into server virtualization, data protection, virtual desktop infrastructure, cloud, remote office/branch office, and others.
The global Hyper-converged Infrastructure Market is dominated by prominent players such as Nutanix (U.S.), Dell EMC (U.S.), VMware Inc. (U.S.), Hewlett Packard Enterprise Company (U.S.), SimpliVity Corporation (U.S.), Maxta Inc. (U.S.), Gridstore Inc. (U.S.), Scale Computing (U.S.), Cisco Systems Inc. (U.S.), Pivot3 Inc. (U.S.), and Nimboxx Inc. (U.S.).
According to geography, the global hyper-converged infrastructure market is segmented into Europe, North America, the Rest of the World, and Asia Pacific. North America market is expected to represent the largest share of hyper-converged infrastructure, giving rise to the fastest growth rate over the assessment period. Canada and U.S. are expected to propel the growth of the hyper-converged infrastructure market in North America due to the presence of many established key players in the region. Besides, these economies comprise better infrastructure and therefore, can offer better internet penetration. Owing to well-established and sustainable economies in the market, the demand for hyper-converged infrastructure is likely to grow exponentially over the review period. Moreover, the expansion of the market is also attributed to the growing application of virtualization throughout different verticals. Moreover, the market is largely driven by the increasing requirement of disaster recovery and data protection. The North America market is experiencing rapid growth on account of the increasing integration of technological advancements within the hyper-converged infrastructure.
LIST OF TABLES
Table 1 Global Hyper-Converged Infrastructure Market: By Region, 2019-2023
Table 2 North America Hyper-Converged Infrastructure Market: By Country, 2019-2023
Table 3 Europe Hyper-Converged Infrastructure Market: By Country, 2019-2023
Table 4 Asia Pacific Hyper-Converged Infrastructure Market: By Country, 2019-2023
Table 5 The Middle East & Africa Hyper-Converged Infrastructure Market: By Country, 2019-2023
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LIST OF FIGURES
FIGURE 1 Global Hyper-Converged Infrastructure Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Hyper-Converged Infrastructure Market
FIGURE 4 Value Chain Of Global Hyper-Converged Infrastructure Market
FIGURE 5 Share Of Global Hyper-Converged Infrastructure Market In 2019, By Country (In %)
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