According
to the new market research report "Hyper-Converged Infrastructure Market by
Component (Hardware and Software), Application (Remote office/branch office,
Virtualization Desktop Infrastructure, and Data center consolidation),
Organization Size, Vertical, and Region - Global Forecast to 2023",
published by MarketsandMarkets™, the global HCI market size is expected to grow from
USD 4.1 billion in 2018 to USD 17.1 billion by 2023, at a Compound Annual
Growth Rate (CAGR) of 32.9% during the forecast period.
HCI
enables a highly scalable approach, wherein data center functions are pooled
onto a commodity hardware and are shared between virtual machines running on
any host in the cluster. This approach provides agile deployment of virtualized
workloads, reduction of data center complexity, and improved operational
efficiency.
The software segment to grow at a higher
CAGR during the forecast period
The
software component of HCI comprises a hypervisor, software-defined storage
solution, and unified management console. The tightly integrated HCI software
layer enables execution of key data center functions, which improves the
performance in production environments and address the capacity and performance
challenges of business. Hypervisor is an important component used in the HCI
solutions as it provides virtualization and abstraction of the underlying
hardware. The software-defined storage solutions ensure application
performance, data availability, and flexible scalability. The unified
management interface simplifies monitoring and maintaining of the
infrastructure.
Browse and
in-depth TOC on "Hyper-Converged
Infrastructure Market"
54
- Tables
39
- Figures
136
- Pages
Get Free 10%
Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=149796579
The backup/recovery/disaster recovery application to grow at the
highest CAGR during the forecast period
Data center
outages may result in heavy losses for organizations. Disaster recovery is
typically part of a wider strategy of business continuity. In order to ensure
the business continuity, organizations are increasingly switching from
traditional backups to virtualized backups of a single VM/application. They are
deploying HCI solutions for backup/recovery/disaster recovery applications.
Backup/recovery/disaster recovery is implemented on HCI by replicating each VM
to a backup server. In case of a VM failure, a system administrator can restore
the backup instantly. This bring up all the critical business services and
allow business operations to continue. This advantage of HCI is expected to
fuel its demand over the forecast years.
North America to dominate the HCI market during the forecast
period
The global
HCI market by region covers 5 major regions: North America, Europe, Asia
Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America
is estimated to hold the largest market size in 2018, owing to the presence of
several vendors and huge investments in adopting HCI solutions in the region.
The HCI market in APAC is expected to grow at the highest CAGR during the
forecast period, due to the rapid developments of the required infrastructure
and the increasing need to adopt innovative technologies.
The
report also studies various growth strategies, such as mergers and
acquisitions, partnerships and collaborations, and developments, adopted by the
major players to expand their presence in the market. Major vendors in the HCI
market include Dell EMC (US), Nutanix (US), Cisco (US), HPE (US), Huawei
(China), NetApp (US), VMware (US), Pivot3 (US), Scale Computing (US),
Startoscale (US), DataCore (US), Maxta (US), Microsoft (US), HiveIO (US),
Supermicro (US), Hitachi Vantara (US), Diamanti (US), Lenovo (China), NEC
Corporation (Japan), Riverbed Technology (US), IBM (US), Fujitsu (Japan),
StarWind (US), Sanfor Technologies (China), and StorMagic (UK).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
"Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most
important customers, write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both the company and its
competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators,
strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, "Knowledge Store" connects
over 200,000 markets and entire value chains for deeper understanding of the
unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/hyper-converged-infrastructure-market.asp
No comments:
Post a Comment