Hyper-converged infrastructure (HCI) is a software system design that combines several data centre services to increase computing, networking, and storage performance while lowering costs.
The primary growth drivers of the hyper-converged infrastructure market include the increasing use of virtualization, the growing requirement for data security and disaster recovery, as well as reduced capex and total cost of ownership. Furthermore, the development of technologies to create high-value hyper-converged infrastructure, as well as an increase in hyper-converged infrastructure adoption in emerging economies such as China, India, and others, are expected to open up new opportunities for the hyper-converged infrastructure market. However, the market for hyper-converged infrastructure is being held back by greater research and development costs, as well as the disadvantages of packaged solutions.
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COVID-19’s Impact on the Market for Hyper-converged Infrastructure Systems
Businesses have suffered significant losses as a result of COVID-19-related lockdowns. Manufacturing, oil and gas, construction, automotive, and transportation have all been affected by the pandemic. The majority of businesses are reorganising their information technology infrastructure and operations. Organizations are also concentrating on securing data in on-premise data centres, speeding the deployment of new workloads, and improving overall business productivity. Automation and the use of advanced technologies for industry-specific applications, such as HCI systems, has risen as a result of this.
Three steps are usually followed when deploying a hyper converged infrastructure (HCI). Measure and define the workload first, then pick the appropriate infrastructure, and finally design and implement the HCI. There are numerous benefits connected with HCI installation, but the top three benefits are flexibility, predictability, and simplicity, all of which contribute to hyper converged infrastructure’s high reliability.
The global hyper converged infrastructure market grew at a substantial CAGR from 2017 to 2021, and forecasts suggest that the industry will grow even more rapidly in the next four years, from 2021 to 2025. Many growth drivers, such as workload migration to public cloud, rising HCI adoption rates in emerging nations, and demand from the healthcare industry, are likely to propel the hyper converged infrastructure market forward. However, the market confronts some hurdles, such as dual-socket server limitations, HCI implementation challenges, and so on. Some new market trends, including as the change to subscription-based contracts and the move to edge computing, are projected to emerge in the worldwide hyper converged infrastructure industry.
The key players operating in the global hyper-converged infrastructure market are Nutanix, Inc. (U.S.), Dell Technologies, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), VMware, Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Microsoft (U.S.), IBM Corporation (U.S.), Fujitsu Limited (Japan), DataCore Software (U.S.), Pivot3, Inc. (U.S.), NetApp, Inc. (U.S.), Hitachi Vantara LLC (U.S.), NEC Corporation of America (NEC Corporation) (Japan), and Scale Computing (U.S.) among others.
The Report’s Purpose:
Hyper Converged Infrastructure Market, by Product type : Cloud-based, On-premises
Hyper Converged Infrastructure Market, by Application : Manufacturing, Retail, Financial, Government, Others
With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic picture of the market conditions in the forecast period, the Hyperconverged Infrastructure Market research report keeps a close eye on major rivals. It’s a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The research also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate policies.
Trends in the Industry
• In October of 2020, Nutanix, Inc. has released enhanced HCI software to help accelerate cloud and data centre innovation.
• StorMagic teamed up with Hivecell to introduce Hivecell HCI with StorMagic SvSAN in June 2021, addressing security and storage issues.
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