The Converged Infrastructure Management Market is poised for remarkable growth, with projections indicating a surge from its 2023 valuation of US$ 10,201.5 million to a staggering US$ 44,745 million by 2033. This impressive growth is expected to occur at a robust compound annual growth rate (CAGR) of 15.9% between 2023 and 2033, surpassing the 13.8% CAGR recorded from 2018 to 2022.
There are multiple opportunities to provide Converged Infrastructure Management solutions in the market because most of the customers install Converged Infrastructure but management of this infrastructure is difficult therefore they prefer to add Converged Infrastructure Management solution to automate the overall Converged Infrastructure process.
Global Converged Infrastructure Management Market: Drivers and Challenges
The major driver for converged infrastructure management market growth is increasing demand to enhance IT operational efficiency, improve data protection, reduce the IT cost, and aging of traditional data centers.
Another driving factor for converged infrastructure market is the cloud-based converged infrastructure solutions which are create many opportunities for enterprises.
Converged Infrastructure aids in business innovation for IT enterprises by offering a simplified path to the cloud, where business can experiment with and use vast and growing array of innovation and specialized software and services.
In contrast to this, due to high cost, limited flexibility, and lack of awareness of converged infrastructure management solutions are restraining the converged infrastructure management market growth.
Global Converged Infrastructure Management Market: Regional Outlook
On the basis of regions, global converged infrastructure management market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
Converged infrastructure management market is currently dominated by North America due to the technological advancements and high usage of cloud platforms.
Asia Pacific converged infrastructure management market is expected to have the highest growth rate during the forecast period owing to the digitization and high acceptance of advanced technologies in countries such as India and others.
Global Converged Infrastructure Management Market: Competition Landscape
Some of the key players for converged infrastructure management market are Egenera Inc., Dell Inc., IBM Corporation,Hitachi Data Systems Corporation,Avnet Inc.,Hewlett Packard Enterprises,NetApp,Melillo Consulting,Cisco Systems Inc.,CTC Global Pte Ltd.,ACS,CA Technologies,MTI,and Conres IT Solutions.
Key Segments Profiled In The Global Converged Infrastructure Management Market
Converged Infrastructure Management Market by Type:
- Reference Architecture Integrated Systems (RAIS) Converged Infrastructure Management
- Fabric Architecture Integrated System (FAIS) Converged Infrastructure Management
- Converged Infrastructure Component Integrated System (ICIS)
- Converged Infrastructure Workload Integrated System (WIS)
Converged Infrastructure Management Market by Verticals:
- Converged Infrastructure Management in IT and Telecommunications
- Converged Infrastructure Management in Manufacturing
- Converged Infrastructure Management in Transportation and Logistics
- Converged Infrastructure Management in defense and government
- Converged Infrastructure Management in BFSI
- Converged Infrastructure Management in Retail
- Converged Infrastructure Management in Energy and Utilities
- Converged Infrastructure Management in Healthcare
- Converged Infrastructure Management in Other Verticals
Converged Infrastructure Management Market by Region:
- North America Converged Infrastructure Management Market
- Latin America Converged Infrastructure Management Market
- Europe Converged Infrastructure Management Market
- Asia Pacific Converged Infrastructure Management Market
- Middle East & Africa Converged Infrastructure Management Market
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