Vancouver, Oct. 19, 2023 (GLOBE NEWSWIRE) -- 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. Market revenue growth is driven significantly by rising demand for highly reliable systems and growing demand for streamlined system deployments. The multinode architecture of the HCI platform offers a highly robust and responsive system.
The HCI cluster consists of numerous nodes that distribute activities across the cluster to provide robustness and reliability. Error detection and disaster recovery are integrated into the HCI platform, and if one node fails, the remaining nodes could take up the load. In addition, increasing infrastructural investments in data centers are expected to boost revenue growth of the market going ahead.
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However, hypervisor selection restriction and concerns regarding vendor lock-in are some key factors expected to hamper global Hyper-Converged Infrastructure market growth to some extent during the forecast period.
Scope of Research
| Report Details | Outcome |
| Market size in 2020 | USD 7.34 Billion |
| CAGR (2023–2032) | 26.8% |
| Revenue forecast to 2032 | USD 124.52 Billion |
| Base year for estimation | 2020 |
| Historical data | 2018–2019 |
| Forecast period | 2023–2032 |
| Quantitative units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Component, Design, Deployment, Application, Organization Size, End-Use, and Region |
| Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope | U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA |
| Key companies profiled | 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. |
| Customization scope | 10 hours of free customization and expert consultation |
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Major Companies and Competitive Landscape
The global hyper-converged infrastructure market is fairly fragmented, with a large number of large and medium-sized market players accounting for majority market revenue. Key players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, adopting more advanced technologies in hyper-converged infrastructure solutions, developing, testing, and introducing new and more efficient hyper-converged infrastructure systems in the market. Some major players operating in the hyper-converged infrastructure market are:
- 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.
- StorMagic Ltd.
Strategic Development
In January 2021, VMware, Inc. announces its intention to acquire Octarine, Inc. in order to expand its intrinsic security abilities for containers and Kubernetes. The acquisition will enable intrinsic security to container-based applications running on Kubernetes and will integrate security capabilities into the fabric of the present IT and DevOps environments.
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Some Key Highlights From the Report
- Data center consolidation segment is expected to expand at a significantly rapid CAGR during the forecast period. HCI provides data reduction features such as redundancy and compression. HCI minimizes the overall hardware required in data center architecture, and such advantages are expected to boost revenue growth of this segment.
- Large enterprise segment is expected to register significantly robust revenue growth over the forecast period. Large companies focus on increasing operational efficiency and backup, disaster, VDI, cloud services, and online service recovery, which is expected to fuel revenue growth of this segment.
- IT & telecom segment is expected to register significantly rapid revenue growth over the forecast period owing to increasing number of data centers, higher demand to increase IT operational performance, increasing data center traffic, and rising demand for more effective project management.
- North America is expected to register fastest revenue growth rate during the forecast period. Primary factors driving North America market revenue growth include increasing awareness about secure data management with a unified interface at a lower total cost of ownership, increasing emphasis on VDI and server virtualization, and rapid adoption of Infrastructure-as-a-Service (IaaS) across various industries and organizations in countries in the region.
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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; 2019–2032)
- Software
- Hardware
- Design Outlook (Revenue, USD Billion; 2019–2032)
- Integrated HCI
- Disaggregated HCI
- Deployment Outlook (Revenue, USD Billion; 2019–2032)
- Full Replacement HCI Deployment
- Side-by-side HCI Deployment
- Per-application HCI Deployment
- Application Outlook (Revenue, USD Billion; 2019–2032)
- Virtualizing Critical Applications
- Virtualization Desktop Infrastructure
- Remote Office
- Backup & Recovery
- Data Center Consolidation
- Others
- Organization Size Outlook (Revenue, USD Billion; 2019–2032)
- Large Enterprises
- Small and Medium-Sized Enterprises
- End-Use Outlook (Revenue, USD Billion; 2019–2032)
- BFSI
- Healthcare
- IT & Telecom
- Education
- Manufacturing
- Government
- Energy & Power
- Others
- Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
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