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The Global Hyper-converged Infrastructure Market will Aggregate $30.36 Billion by 2028 – Press Release – Digital Journal

The Global Hyper-converged Infrastructure Market will Aggregate $30.36 Billion by 2028

“Global Hyper-converged Infrastructure Market”

As Triton’s research report, generating $4.33 billion in 2019, the global hyper-converged infrastructure market is set to attain a CAGR of 24.15% by 2028.

A recent analysis by Triton Market Research titled ‘Global Hyper-converged Infrastructure Market,’ comprises the Global Analysis and Forecasts by Industrial Vertical (Energy & Utilities, IT & Telecommunications, Government, Banking, Financial Services & Insurance Industry, Manufacturing, Healthcare, Education, Others), Components (Software, Hardware), End-user (Data Center Consolidation, Backup Recovery/Disaster Recovery, Virtualizing Critical Applications, Remote Office/Branch Office, Virtualization Desktop Infrastructure, Others), and Geography (Europe, Asia-Pacific, North America, Latin America, Middle East and Africa).

A type of IT infrastructure, hyper-converged infrastructure, is a virtualized infrastructure comprising networking, computing, and storage systems amalgamated into one unit. 

 

Request Free Sample of the Global Hyper-converged Infrastructure Market Report @ https://www.tritonmarketresearch.com/reports/hyper-converged-infrastructure-market#request-free-sample

 

The report assesses the global hyper-converged infrastructure market to showcase a 24.15% rise in CAGR during the years of 2019-2028. It further estimates the revenue worth to reach $30.36 billion by 2028. 

The surge in the demand for data centers, data protection & disaster recovery, and virtual desktop infrastructure is majorly driving the market growth. However, the issues faced with cloud compatibility and scalability are obstructing the market growth. 

The hyper-converged infrastructure market is segmented as per industrial vertical, components, and end-user. The industrial vertical is sub-divided energy and utilities, IT & telecommunication, government, banking, financial services & insurance industry, manufacturing, healthcare, education, and others. Based on components, the market is bifurcated into software and hardware. At the same time, the section of end-user includes data center consolidation, backup recovery/disaster recovery, virtualizing critical applications, remote/branch office, virtualization desktop infrastructure, and others.

The Asia-Pacific is anticipated to become the fastest-growing region in the hyper-converged infrastructure market, globally. China and Hong Kong are providing a broader market for data center operations. Moreover, numerous global service providers such as Alibaba, Apple, Amazon Web Services (AWS) have invested in China’s data centers, leading to market growth. In Hong Kong, the surge in submarine fiber cable implementation is set to direct the market’s progress. The high demand for cloud-based services, big data analytics, and IoT will also generate demand for data centers. These factors contribute to boosting the hyper-converged infrastructure market’s evolution. 

Datacore, VMware Inc, Hewlett Packard Enterprise, Huawei Technologies Co Ltd, Netapp Inc, Dell Technologies Inc, Fujitsu, Hitachi Vantara, Hiveio, IBM, Microsoft Corporation, Cisco, NEC, Pivot3, Scale Computing, and Nutanix Inc are prominent competitors in this market. 

 

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Question & Answer: Hyper-converged Infrastructure Market

Question 1: What element is driving the growth of the hyper-converged infrastructure market?

Answer: The surge in demand for data centers, data protection & disaster recovery, and virtual desktop infrastructure is majorly driving the growth of the market.

Question 2: What elements are obstructing the hyper-converged infrastructure market growth?

Answer: The issues faced with cloud compatibility and scalability problems are obstructing the market growth.

Question 3: Which region is anticipated to influence the hyper-converged infrastructure market outlook?

Answer: Asia-Pacific is anticipated to become the fastest-growing region in the hyper-converged infrastructure market, globally. China and Hong Kong are providing a broader market for data center operations. Moreover, numerous global service providers such as Alibaba, Apple, Amazon Web Services (AWS) have invested in China’s data centers leading to market growth. In Hong Kong, the surge in the number of submarine cable implementations is set to direct the market’s progress. The high demand for cloud-based services, big data analytics, and IoT will also generate demand for data centers. These factors contribute to boosting the hyper-converged infrastructure market’s evolution. 

Question 4: Which are the prominent competitors in the hyper-converged infrastructure market?

Answer: Datacore, VMware Inc, Hewlett Packard Enterprise, Huawei Technologies Co Ltd, Netapp Inc, Dell Technologies Inc, Fujitsu, Hitachi Vantara, Hiveio, IBM, Microsoft Corporation, Cisco, NEC, Pivot3, Scale Computing, and Nutanix Inc are prominent competitors in this market. 

 

 

Related Report:

Global Silicon Photonics Market

The global silicon photonics market is likely to register a CAGR of 16.72% during the years 2019-2028. It is further expected to attain revenue growth, generating $3.29 billion by 2028.  

Technological advancements have transformed the usage of electronic devices to a large extent. Above all, internet use has made the transmitting of data and large files convenient for the user. As silicon photonics are used mainly for data transfers, the above factors contribute to generating the demand for silicon photonics technology in the market. The use of silicon material in fast transfer, paired with the diffusion of small amounts of energy, drives the silicon photonics market on a growth path. 

Additionally, the usage of silicon photonics technology diminishes the restrictions in transferring data. The rising demand for high-speed internet is also another aspect, owing to which people are shifting to the use of silicon photonics technology. The need for silicon photonics technology is expected to further rise in the projected period. The application of silicon photonics in the automotive industry, primarily in advanced driver assistance systems (ADAS), creates a wide range of opportunities for the market’s growth. However, the complex network system, thermal effects of technology, and standardizations are some of the problems that hinder the market growth. 

 

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