Hyper-Converged Infrastructure Market Analysis

  • Report ID: 4792
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Hyper-Converged Infrastructure Market Analysis

End-user {Banking, Financial Services, & Insurance (BFSI), IT & Telecom, Manufacturing, Government, Healthcare}

The global hyper-converged infrastructure market is segmented and analyzed for demand and supply by end-user into banking, financial services, & insurance (BFSI), IT & telecom, manufacturing, government, and healthcare. Out of which, the banking, financial services, & insurance (BFSI) segment is anticipated to garner the highest revenue by the end of 2036. The growth of the segment can be attributed to growing need for data storages and protection of data in this sector. Almost 152 million records have been affected by almost about 999 data breaches that financial companies have experienced since January 2018 in US. Hence, the banking and finance sector is particularly concerned with data privacy. Moreover, personal information is becoming more susceptible to cyber dangers as digital platforms are used more frequently for banking and financial transactions. Since, this industry deals with sensitive personal information including bank account numbers, credit card information, and other financial data, data privacy in the banking and finance sector is crucial. Therefore, the demand for hyper-converged infrastructure is estimated to increase.

Application (Remote Office/Branch Office, Virtual Desktop Infrastructure, Data Center Consolidation, Data Protection & Disaster Recovery)

The global hyper-converged infrastructure market is also segmented and analyzed for demand and supply by application into remote office/branch office, virtual desktop infrastructure, data center consolidation, and data protection & disaster recovery. Amongst these, virtual desktop infrastructure (VDI) segment is anticipated to have a significant growth over the forecast period. A desktop operating system, commonly Microsoft Windows, runs and is controlled in a data center using a desktop virtualization technology called virtual desktop infrastructure (VDI). To enable the user to interact with the operating system and its programmes as though they were running locally, the virtual desktop image is supplied via a network to an endpoint device. A conventional PC, a thin client device, or a mobile device could all be considered endpoints. Hence, with the growing trend of Bring Your Device (BYOD), along with growing number of people working from home the segment is estimated to have the significant growth, further boosting the growth of the market over the forecast period.

Our in-depth analysis of the global hyper-converged infrastructure market includes the following segments:

           By Component

  • Solutions
  • Services

 

          By Application

  • Remote Office/Branch Office
  • Virtual Desktop Infrastructure
  • Data Center Consolidation
  • Data Protection & Disaster Recovery

 

          By End-User

  • Banking, Financial Services, & Insurance (BFSI)
  • IT & Telecom
  • Manufacturing
  • Government
  • Healthcare
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 4792
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are upsurge in remote workers, growing investment in AI, rise in online payment, and others.

The market size of hyper-converged infrastructure is anticipated to attain a CAGR of 31.10% over the forecast period, i.e., 2023-2035.

High power requirement, impacted by compatibility issues, and lack of investment in hyper-converged infrastructure are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Dell Technologies, VMware Inc., Nutanix Inc., Cisco Systems Inc., and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, application, end-user and by region.

The banking, financial services, & insurance (BFSI) segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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