Hyper-Converged Infrastructure Market Trends

Growth Drivers

• Upsurge in Remote Workers - In the US, more than 3 million people work remotely at least half the time. While approximately 15% of businesses worldwide operate entirely remotely. Employees may gain safe access to their desktops, programmes, and data from nearly any device and from anywhere with virtual desktop infrastructure (VDI). Traditional VDI, however, presents many challenges. Scaling siloed infrastructure is challenging and demands specialized knowledge. VDI on hyper-converged infrastructure (HCI) is gaining attention as a result. Storage, networking, and computation are combined into a single, simple-to-manage system by HCI. While increasing organizational flexibility and resilience, this could assist save capital and operating costs.
• Growing Investment in AI - Over 67 billion dollars were invested globally by corporations in artificial intelligence (AI) in 2020, with private investment accounting for approximately 41 billion dollars of the amount.
• Rise in Online Payment - Globally, it is predicted that about 2 billion people would use proximity mobile payment transactions in 2023, up from approximately 949 million people in 2019. Hence, with hyper-converged infrastructure the online payment has been made more secure.
• Surge in Adoption of Cloud-Based Services - In 2022, cloud services would be used by about 93% of businesses in the United States. Whereas, as of 2020, the cloud hosted about 40% of enterprise workloads.
• Growth in Penetration of Internet - About 4 billion people used the internet as of January 2023, representing approximately 63 percent of the world's population.  

Challenges

• High Power Requirement - In a single environment, compute, networking, and storage devices are all included in hyper converged architectures. It requires more power than traditional data centers since it must handle heavy workloads in a small area. Hence, in order to address this, some workloads must move to cloud storage, necessitating more hardware and power. The demand for high power is impeding hyper-converged infrastructure market expansion. Moreover, hyper converged solutions must make sure there is sufficient cooling and power to handle the workload demand. It might have additional charges.
• Impacted by Compatibility Issues
• Lack of Investment in Hype-Converged Infrastructure