Below are some of the key findings from the converged infrastructure market analysis report
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Global converged infrastructure industry overview
The increasing demand for an alternative solution to the cloud is one of the critical reasons that will boost the growth of the converged infrastructure market size. Numerous businesses are moving their IT infrastructure to the cloud. However, they can experience business risks and the loss of millions of dollars when there is an unplanned downtime in their manufacturing plants. Also, cloud platforms are susceptible to higher latency, regulatory compliance, and data security issues. To overcome these problems, businesses are adopting the hyper-converged system that not only adheres to regulatory compliance but also ensures low latency. These systems bring cloud-like flexibility to the on-premises data centers and ensure added security of data.
The introduction of non-volatile memory express or NVMe and storage-class memory (SCM) in these hyper-converged systems will drive the converged infrastructure market during the forecast period. These storage devices benefit hyper-converged systems by the optimal usage of storage infrastructure and the ability to modify the software. NVMe takes advantage of low latency inherent and internal parallelism in flash-based storage devices. Similarly, SCM provides very fast performance with ultra-low latency. The market will register a CAGR of nearly 22% during the forecast period. However, the year-over-year growth is expected to decelerate during 2019-2023.
Top companies covered in the converged infrastructure market research report
The converged infrastructure market is highly concentrated. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this converged infrastructure market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this report provides information on the upcoming converged infrastructure market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This converged infrastructure market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:
- Cisco Systems, Inc.
- Dell Technologies
- Hewlett Packard Enterprise Development LP
- NetApp, Inc.
- Nutanix
Converged infrastructure market segmentation based on geographic regions
- APAC
- Europe
- MEA
- North America
- South America
North America will account for the largest converged infrastructure market share throughout the forecast period. The increase in sales of these infrastructure systems and strong operational and R&D presence in the US is one of the major reasons for the high growth of the converged infrastructure market in the region.
Converged infrastructure market segmentation based on the type
- Certified reference systems & integrated infrastructure
- Hyperconverged systems
- Integrated platforms
The hyperconverged systems segment will account for the highest converged infrastructure market share by 2023. This is because these systems offer the convergence of computing and storage functionality in a single highly virtualized server-based solution. The report provides an accurate prediction of the contribution of all the segments to the growth of the converged infrastructure market size.
Key highlights of the global converged infrastructure market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the converged infrastructure market during the next five years
- Precise estimation of the global converged infrastructure market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industry across various geographies such as APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of the companies
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