According to the latest report by IMARC Group, titled, “Hyper-Converged Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global hyper-converged infrastructure market size reached US$ 9.20 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.12 Billion by 2028, exhibiting a growth rate (CAGR) of 26.66% during 2023-2028.
Hyper-converged infrastructure (HCI) refers to a software-centric, unified system that transforms and combines various elements, including storage, network, computer, management, etc., belonging to a traditional data center into a distributed platform. It relies on intelligent software components for creating flexible building blocks to replace legacy infrastructure of separate servers, storage networks, and arrays. Organizations around the world are incorporating HCI into their core business procedures for better storage, greater scaling ability, enhanced information technology (IT) efficiency, etc.
Hyper-Converged Infrastructure Market Trends:
The sudden outbreak of COVID-19 pandemic in 2020, resulting in lockdown restrictions imposed across various countries has augmented the demand for HCI to keep the businesses running. Moreover, these solutions offer a flexible IT platform that allows employees to work remotely. Additionally, HCI solutions are also gaining traction in the management of vaccine-related data requirements among healthcare organizations. Furthermore, the growing prevalence of chronic ailments, along with the easy access to medical services, is contributing to an increasing volume of data. Along with this, the digital transformation of the healthcare sector is also augmenting product demand to overcome data access challenges and improve staff login times. Besides this, the emerging trend of automation in small- and medium-sized enterprises (SMEs) is anticipated to further escalate the need for HCI solutions over the forecasted period.
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Global Hyper-Converged Infrastructure Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis on component, application and end use.
Breakup by Component:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
Key highlights of the report:
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