According to forecasts, the market for hyper-converged systems would be worth $ 12.33 billion in 2023 and US$ 129.38 billion in 2033. Initially, the CAGR for the global market from 2023 to 2033 was 26.5%.
The growing popularity of virtualization technologies among both large and small enterprises, as well as the need for cost-efficient and efficient IT solutions, are the main drivers of demand for hyper-covered systems.
With the use of hyper-converged infrastructure (HCI) technology, businesses can cut the cost of their IT infrastructure, boost scalability, and increase flexibility. The sector is also developing as a result of the rising popularity of cloud computing.
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The adoption of HCI solutions in data centres is expanding, which is a result of the growing digital transformation. The solutions are used to consolidate and update data centres using the computer storage network.
Hyper-converged systems are used to reduce the risk of data security breaches with the help of specific components and applications. To lessen security risks, a high-security AMD processor package with security features is also offered.
Key Takeaways
- By 2033, the United States is likely to dominate the hyper-converged systems market, with a size of US$ 6.64 billion and a CAGR of 22.1%.
- The hyper-converged systems market was significantly expanding, with a size of US$ 9.83 billion in 2022.
- Market shows amazing opportunities due to virtualization, and expected a Y-o-Y growth of 20.25% in 2023.
- The expansion in China is anticipated to expand at an adequate CAGR of 33.1% by 2033.
- In 2023, Germany is likely to expand in the hyper-converged systems market, with a size of US$ 1.24 billion.
- By 2033, the hyper-converged systems sector is likely to increase in Canada, with a size of US$ 42.13 billion.
- The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 36.4% by 2033.
- Based on the application, the virtualization and VDI segment led the market CAGR of 24.6% by 2033.
- Based on industry, the manufacturing sector continues to dominate the sector during the forecast period, with a CAGR of 36.3%.
- Based on professional services, the integration and deployment services continue to dominate the sector during the forecast period, with a CAGR of 21.5%.
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Key Strategies in the Industry
The expansion of the industry is being driven by technological improvements. To improve performance and decrease latency, businesses are increasingly integrating artificial intelligence (AI) and machine learning (ML) into their hyper-converged systems. Additionally, the development of 5G networks has made it possible to implement hyper-converged systems in more applications, including connected vehicles, smart homes, and industrial automation.
Key players in the hyper-converged systems industry include Huawei, NetApp, VMware, Pivot3, HPE, Cisco, Nutanix, VMware, and scale computing. These players have concentrated on creating solutions that allow users to reduce the complexity of conventional IT infrastructures.
Recent Developments
- In order to improve hybrid cloud infrastructure, IBM Corporation (US) and Red Hat, Inc. (US) introduced their most recent pre-configured private cloud platform on IBM Power Systems hardware in 2021.
- Nutanix Inc. developed software for hyper-converged infrastructure that supports hybrid clouds. This application allows for virtual networking and 50% faster performance. It offers two cutting-edge cloud-based software solutions, security compliance, and security monitoring.
Key segments
By Component:
- Hyper-Converged Infrastructure Appliances
- Server Virtualization Software
- Services
By Enterprise Size:
- Hyper-Converged Systems for Large Enterprises
- Hyper-Converged Systems for SMEs
By Application:
- Virtualization and VDI
- Data Centre Consolidation
- Remote Offices / Branch Offices (ROBO)
- Backup and DR
- Others
By Industry:
- BFSI
- Government
- IT and Telecom
- Healthcare
- Energy and Utilities
- Manufacturing
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
Table of Content
1. Executive Summary | Hyper-Converged Systems Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3.Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
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