Hyper-converged Infrastructure Market Worth 12,607.4 Million USD by 2022
PUNE, India, May 25, 2016 /PRNewswire/ --
According to the new market research report "Hyper-Converged Infrastructure Market by Hypervisor (VMware, KVM, Hyper-V), Application (Virtual Desktop Infrastructure, Server Virtualization, Robo, Data Protection and Cloud), Vertical & Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 12,607.4 Million by 2022, at a CAGR of 43.59% between 2016 and 2022.
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Browse 38 market data Tables with 45 Figures spread through 114 Pages and in-depth TOC on "Hyper-Converged Infrastructure Market".
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Improvement in operational efficiency of systems, reduced total cost of ownership and run-time expenses, and essential hardware upgradation in the existing infrastructure systems, improved scalability, and data center consolidation are some of the major driving factors for the market. Moreover, with the advent of technology, almost every business demands more from their existing IT functionalities, along with better, faster, more reliable, and more secure services, along with the optimum level of overall system efficiency, which further drives the growth of the hyper-converged infrastructure market.
Data protection application is expected to grow at the highest growth rate
The market for the data protection application is expected to grow at the highest rate during the forecast period. Multifold increase in the system and user-generated data leads to the rising concern for data backup and security issues, especially among IT, financial, and government sectors which, in turn, derives the data protection applications of the overall hyper-converged infrastructure (HCI) market. A simple HCI system can offer integrated data backup, protection, and disaster recovery solution, without having IT specialists to rely on dedicated/separate systems for such purposes. All these factors are expected to drive the data protection application segment of HCI market at the highest rate during the forecast period.
VMware hypervisor market is estimated to hold the largest share of the global hyper-converged infrastructure market
The hyper-converged infrastructure market for the VMware hypervisors is expected to hold the largest share during the forecast period owing to better after- sales services, strong brand name, and ease in of availability of HCI solutions for a wide range of applications. However, the market for VMware hypervisors is estimated to grow at a lower rate compared to systems based on KVM and Hyper-V hypervisors.
Asia-Pacific is estimated to be the fastest-growing region in the global hyper-converged infrastructure market during the forecast period:
The APAC region is expected to play a key role in the hyper-converged infrastructure market and grow at the highest rate during the forecast period. Significant growth rate of the APAC region primarily owes to the growing demand for virtual environment-based applications, including virtual desktop infrastructure (VDI) and server virtualization and strengthening software controlled unified system deploying the tasks of server, storage, networking, and virtualization services.
The major players in the global HCI market include Nutanix (U.S.), Hewlett Packard Enterprise Company (U.S.), VMware Inc. (U.S.), Maxta Inc. (U.S.), SimpliVity Corporation (U.S.), Scale Computing (U.S.), Gridstore Inc. (U.S.), Nimboxx Inc. (U.S.), Cisco Systems Inc. (U.S.), and Pivot3 Inc. (U.S.) among many others.
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This research report categorizes the global hyper-converged infrastructure market on the basis of hypervisor type, vertical, application, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the hyper-converged infrastructure market. The Porter's five forces analysis has been included in the report with a description of each of the force and its respective impact on the hyper-converged infrastructure systems market.
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