Hyperconvergence Infrastructure Market: Current Analysis and Forecast (2023-2030)
Emphasis on Organization Type (Large Enterprise and Small & Medium Enterprises (SMEs)); End-User (IT & Telecommunication, BFSI, Healthcare, and Others); and Region/Country
Global Hyperconvergence Infrastructure Market is expected to grow at a significant rate of around 26.99% during the forecast period. Hyperconvergence Infrastructure is defined as an IT framework that combines storage, computing, and networking into a single system to reduce data center complexity and streamline operations. Hyperconverged infrastructure enables you to seamlessly manage complex infrastructure, accelerate virtualized workloads, reduce complexity, improve operational efficiency, and reduce cost. Hyperconvergence offers the reliability, availability, performance, and capacity needed for virtualized workloads while future-proofing IT infrastructure and lowering the total cost of ownership (TCO). Factors such as owing to the reduced capital expenditure operational expenditure and disaster recovery capability. Major companies in the market are focusing on merger and acquisition activities for their establishment in the market as the Hyperconvergence Infrastructure technology. For instance, in August 2021, Quantum Acquired Hyperconverged Software Startup EnCloudEn offered customers a solution using their server hardware of choice with a flexible subscription-based software model.
Dell Inc.; Hewlett Packard Enterprise Development LP; Nutanix; IBM; Cisco Systems, Inc.; Microsoft; VMware, Inc.; Oracle; Quantum Corporation; Scale Computing are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst organization type, Large Enterprise category is expected to hold a significant market share in 2022”
Based on organization type, the market is bifurcated into Large Enterprise and Small & Medium Enterprises (SMEs). The Large Enterprise category is expected to hold a significant market share in 2022. Hyperconvergence infrastructure is a type of IT infrastructure that combines storage, networking, and computing resources into a single, unified platform. This allows for greater efficiency and scalability in managing IT resources, which is particularly important for large enterprises with complex IT environments. Large enterprises often have large amounts of data that need to be stored and processed, and hyperconvergence infrastructure provides a cost-effective and scalable solution for managing this data. Additionally, large enterprises often have complex IT environments with multiple data centers and remote locations, and hyperconvergence infrastructure provides a centralized management platform that can be easily deployed across these environments.
“Amongst end-user, IT & Telecommunication is expected to hold a significant share during the forecast period”
Based on end-user, the Hyperconvergence Infrastructure market has been classified into IT & Telecommunication, BFSI, Healthcare, and Others. IT & Telecommunication is expected to hold a significant share during the forecast period. The IT & Telecommunication industry is a major consumer of IT infrastructure, with a need for cost-effective, scalable, and centralized solutions for managing their IT resources. Hyperconvergence infrastructure provides a solution for this by combining storage, networking, and computing resources into a single, unified platform. This allows IT & Telecommunication companies to manage their IT resources more efficiently and cost-effectively, which is particularly important for businesses with large amounts of data that need to be stored and processed. Additionally, hyperconvergence infrastructure provides a centralized management platform for IT & Telecommunication companies with multiple data centers and remote locations, which is particularly important for businesses in this industry.
Hyperconvergence Infrastructure Market Report Coverage
“North America is to hold the largest market share in the Hyperconvergence Infrastructure market and is expected to witness an influential CAGR in the forecasted period”
North America is to hold the largest market share in the Hyperconvergence Infrastructure market and is expected to witness an influential CAGR in the forecasted period. This is mainly owing to the high adoption of cloud-based services and the growing demand for cost-effective and scalable data center resources leading to the high demand across the region. Additionally, the region’s large and growing organization type industry is generating large amounts of data. HCI provides a scalable and efficient way to manage this data, making it an attractive option for organization-type companies and other businesses in the region. Furthermore, much Hyperconvergence Infrastructure operational research taking place in countries U.S, Canada, Mexico, and others along with the contribution from major players in the market. For instance, in Feb 2022, Jericho Energy Ventures Announced a Collaboration with Two of North America’s Leading Food Companies to Accelerate Net-Zero Ambitions Utilizing Breakthrough Zero-mission DCC(TM) Hydrogen Boiler Solution.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The global hyperconvergence infrastructure market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the Hyperconvergence Infrastructure Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global hyperconvergence infrastructure market were the three major steps undertaken to create and analyze the adoption of hyperconvergence infrastructure in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global hyperconvergence infrastructure market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the hyperconvergence infrastructure market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the hyperconvergence infrastructure market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as organization type and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the hyperconvergence infrastructure market. Further, we conducted factor analysis using dependent and independent variables such as various organization type and end-user of hyperconvergence infrastructure. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the hyperconvergence infrastructure market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global hyperconvergence infrastructure market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the hyperconvergence infrastructure market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global hyperconvergence infrastructure market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global hyperconvergence infrastructure market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of organization type and end-user in the global hyperconvergence infrastructure market.
The main objective of the Global Hyperconvergence Infrastructure Market Study
The current & future market trends of the global hyperconvergence infrastructure market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the hyperconvergence infrastructure market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of organization type and end-user.
- Define and analyze the regulatory framework for the hyperconvergence infrastructure
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the hyperconvergence infrastructure market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profiles of the hyperconvergence infrastructure market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the global Hyperconvergence Infrastructure market?
Q2: What are the driving factors for the growth of the global Hyperconvergence Infrastructure Market?
Q3: Which segment has the largest share of the global Hyperconvergence Infrastructure market by Organization Type?
Q4: What are the emerging technologies and trends in the global Hyperconvergence Infrastructure market?
Q5: Which region will dominate the global Hyperconvergence Infrastructure market?
Q6: Who are the key players operating in the global Hyperconvergence Infrastructure market?
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