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Hyper-Converged Infrastructure Market to Reach $33.16 Bn, Globally, by 2026 at 30.7% CAGR: Allied Market Research

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Allied Market Research

20 May, 2020, 13:30 GMT

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Rise in requirement for disaster recovery and data protection along with lowered Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) drive the global hyper-converged infrastructure market

PORTLAND, Oregon, May 20, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Hyper-Converged Infrastructure Market by Component (Software and Services), Application (Remote Office Or Branch Office, Virtualization Desktop Infrastructure (VDI), Data Center Consolidation, Backup Recovery / Disaster Recovery, Critical Applications Virtualization, and Others), and Industry Vertical (BFSI, IT and Telecommunications, Government, Healthcare, Manufacturing, Energy and Utilities, Education, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global hyper-converged infrastructure market garnered $3.84 billion in 2018, and is estimated to reach $33.16 billion by 2026, registering a CAGR of 30.7% from 2019 to 2026.

Drivers, restraints, and opportunities

Rise in requirement for disaster recovery and data protection along with lowered Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) drive the global hyper-converged infrastructure market. However, vendor lock-ins are expected to hinder the market growth. On the other hand, surge in investments regarding data center infrastructure present new opportunities for growth.

The hardware segment to continue its leadership position throughout the forecast period

Based on component, the hardware segment accounted for nearly half of the total share of the global hyper-converged infrastructure market in 2018, and is expected to continue its leadership position throughout the forecast period. This is due to proliferation of data centers across the globe to lower down complexity and enhance scalability. Contrarily, the software segment is expected to grow at the highest CAGR of 32.0% from 2019 to 2026, owing to surge in cloud migration activities and cost saving benefits.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/6055

The BFSI segment to maintain its lead position in terms of revenue by 2026

Based on industry vertical, the BFSI segment held the highest market share of the global hyper-converged infrastructure market, accounting for more than one-fifth of the total share in 2018, and is expected to maintain its lead position in terms of revenue by 2026. This is attributed to increase in digitization and adoption of robust digital transformation strategies. However, the healthcare segment is estimated to register the highest CAGR of 33.9% from 2019 to 2026, owing to implementation in digital workspaces and data center efficiency for reducing operational costs.

North America to maintain its dominance during the forecast period

Based on region, North America accounted for the highest market share based on revenue, contributing to more than two-fifths of the global hyper-converged infrastructure market in 2018, and is estimated to maintain its dominance during the forecast period. This is due to shift toward novel technology that offers cloud-like economics for current data centers without compromising availability, performance, or reliability. However, Asia-Pacific is estimated to witness the largest CAGR of 36.3% from 2019 to 2026, owing to increase in hybrid cloud deployments along with surge in number of mission-critical applications.

Leading market players

  • Cisco Systems, Inc.
  • Dell Inc.
  • Hewlett Packard Enterprise Company
  • Huawei Technologies Co., Ltd.
  • Microsoft Corporation
  • NetApp, Inc.
  • Nutanix, Inc.
  • Pivot3
  • Scale Computing
  • VMware, Inc.

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Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States 
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