North American Market Forecast
The market share of hyper-converged infrastructure in North America, amongst the market in all the other regions, is projected to have the highest growth by the end of 2037, backed by growing data breaching in this region, along with growing initiatives by organization for protecting data and boosting investment in AI. A data breach occurred in the past year at nearly half (about 46%) of American businesses. However, given the possibility of as-of-Yet-Undiscovered Breaches, this number was estimated to be larger. Hence, to improve hybrid cloud capabilities and advance the cloud infrastructure strategy without compromising security, many enterprises in North America are concentrating on infrastructure security. Hyper-converged infrastructure (HCI) solutions provide end-to-end flexibility, scalability, and dependability, give a high level of protection against data loss, and assist in avoiding cloud security threats, all of which are projected to increase demand for these systems and propel market expansion in this region. Moreover, throughout the predicted period, an increase in remote workers has created new security challenges for enterprises in North America, which is also estimated to boost the growth of the market.
Europe Market Forecast
The European hyper-converged infrastructure market is estimated to be the second largest, to have the largest share over the forecast period. Germany has seen a tremendous increase in data center investments over the years. Numerous businesses have made investments in the data centers, including Global Switch and Colt DCS. Furthermore, top cloud service providers including SAP and IBM have established their data centers all across the nation. Also, the field of virtual desktop infrastructure has expanded as a result of increased smartphone usage and mobile data usage in Europe region. According to predictions, the amount of mobile data traffic would increase significantly in the future years in this region. As a result, these developments affect the need for hyper converged infrastructure, which boosts the development of the Europe hyper converged infrastructure market.
APAC Market Statistics
Additionally, the hyper-converged infrastructure market in Asia Pacific region is estimated to have the significant growth over the forecast period. The Asia Pacific market expansion is attributed to the rise in digital innovation hubs, the proliferation of hybrid cloud deployments, and the number of data centers and investments. Moreover, there has been growing small and medium size business in this region. These small and medium-sized businesses are attempting to bring about digital change in their respective sectors which is further bringing in data security concern. Hence, this factor is estimated to boost the demand for hyper-converged infrastructure in this region.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?