Hyper-Converged Infrastructure Market – Worldwide Market Analysis and Future Trends
DecisionDatabases has added a new report " Global Hyper-Converged Infrastructure Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast " offering the complete market analysis and growth trends. The study also gives an analytical study of the market, its value chain, latest trends, forecasts, innovation, drivers, and restraints. The report discusses the major companies operational in the hyper-converged infrastructure industry and provides its detailed profile.
Hyper-converged infrastructure is a software, which integrates storage, virtualization and networking into a single software appliance installed on the commodity server. In hyper-converged infrastructure, consumers require various vendors for deploying and managing them. Growing demand for hyper-converged infrastructure system to offset the trouble on in-house IT teams coupled with its low cost of ownership (TCO) are the major driving factors for the hyper-converged infrastructure industry
growth. Increasing application of hyper-converged system as one of the most scalable and resilient solutions owing to its running service as storage controller function is likely to augment the market growth over the coming years.
The low variable cost of hyper-converged infrastructure hardware on account of less expensive storage controller system is expected to have a positive impact on the market growth in the near future. Rising demand of hyper-converged infrastructure amongst several companies owing to its improved performance is projected to open new avenues for the market growth for the system over the forecast period. In addition, increasing concern of disaster recovery and data protection solutions are further anticipated to add to the industry growth of hyper-converged infrastructure market. However, consumers’ requirement of vendors for its deployment and its time & resource consuming deployment process are major restraints, which may hinder market growth over the coming years.
Hyper-converged infrastructure is mostly built on general purpose commodity hardware, which helps in reducing cost in a data center, thus lowering the CapEx (capital investment). Operational savings is one of the key driving factors for high product demand across the globe and can be achieved by various means such as by eliminating maintenance fees for appliances, low power cost due to reduced requirement, and low technical cost due to simplifying operations. Hyper-converged system makes operation easier, which in turn drives the market demand in the near future owing to an efficient and cost-savings outcome for the software.
The global hyper-converged infrastructure market is segmented on the basis of types into VMware, KVM and Hyper-V segments. Furthermore, the market is segmented by applications into office, virtual desktop system, data protection, server virtualization, branch office/remote office and other related segments. The hyper-converged infrastructure system is again segmented on the basis of verticals into government, financial institutions, education, cloud service providers and healthcare application segment.
Geographically the global hyper-converged market is divided into five regions namely, North America, Latin America, Asia Pacific, Europe and MEA. In North America, the hyper-converged market is rapidly growing and is expected to grow at a faster pace over the forecast period owing to the growing preference of deploying hyper-converged systems to improve the management and performance of storage-centric workloads in the region.
Major market players include Nutanix Inc, Hewlett Packard Enterprise Company, VMware Inc., Simplivity Corporation, Maxta Inc. Scale Computing, Nimboxx Inc., Pivot3, Cisco Systems, Inc. and Gridstore, Inc. Growing preference of hyper-converged infrastructure over traditional system is seen in the remote office, small to medium-sized business space and departmental store on account of its low cost, and high scalability.
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