Hyper-converged Infrastructure Market to Penetrate Untapped Regions During the Forecast Period



    The industry is expected to witness tremendous growth, owing to the increasing demand to enhance IT operational efficiency, reduce IT costs, and improve data protection.

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    The global hyper-converged infrastructure market is estimated to reach USD 13.96 billion by 2024, according to a report by Grand View Research, Inc. Hyper-converged infrastructure is a software-based architecture that integrates storage, compute, virtualization, and networking resources in a box. The HCI systems are supported by a single vendor. They eliminate the need for making individual purchases of servers and virtualization software running on those servers and management tools, and do not require the installation of Storage-area Network (SAN) or Network-attached Storage (NAS). This integration, in turn, reduces the overall cost of the hyper-converged infrastructure system. The HCI market is still in its introductory stage and the adoption of Virtual Desktop Infrastructure (VDI) is anticipated to boost the industry growth over the next seven years.

    Small organizations prefer improving operational efficiency for the Remote Office/Branch Office (ROBO) IT service and also increasing the use of server virtualization. On the other hand, large enterprises are improving operational efficiency equally with improving backup and disaster recoveries. They also deploy private cloud infrastructure and cloud infrastructure service.HCI systems play a major role in achieving the required scenarios as they are powerful, rich in feature, and simple to operate with a low setup time in comparison to the traditional architectures. These benefits of hyper-converged infrastructure systems are anticipated to drive the demand across large, small, and medium enterprises over the forecast period. Also, the software-centric approach of the HCI systems enables them to meet the current and future business requirements without making any alteration to the existing infrastructure. This paves a way for increased level of adoption across a wide range of industries such as education, banking and finance, healthcare, and others. The cloud computing application segment in hyper-converged infrastructure is also gaining traction and is expected to have a positive impact on the market revenue.

    • EMC Corporation (U.S.), Hewlett-Packard (U.S.), Dell Inc. (U.S.), Atlantis Computing, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Fujitsu Ltd. (U.S.), Hitachi Data Systems (U.S.), NetApp, Inc. (U.S.), Nimboxx, Inc. (U.S.), Nutanix, Inc. (U.S.), Pivot3 (U.S.), Scale Computing, Inc. (U.S.), SimpliVity Corporation (U.S.), and VMware, Inc. (U.S.), among others are some of the major industry players in the hyper-converged infrastructure market