#hyper-converged

Meticulous Research®– a leading global market research company published a research report titled “Hyper-Converged Infrastructure Systems Market By Component, Application (Virtualizing Applications, ROBO, Data Protection Disaster Recovery, VDI, Data Center Consolidation), Organization Size, and Industry Vertical– Global Forecast To 2028”.

According to this latest publication from Meticulous Research®, the Hyper-Converged Infrastructure (HCI) Systems Market is expected to grow at a CAGR of 24.1% from 2020 to reach $42.1 billion by 2028. The growth of the market is majorly attributed to factors, such as the growing need for enhanced data protection and disaster recovery solutions, increasing demand for enhancing IT operations, and growing need to reduce operating costs & improve the scalability of infrastructure. The increasing number of data centers and the growing need for reducing the footprints in data centers are expected to offer immense opportunities for the HCI systems market over the coming years. Apart from this, the integration of AI in data center services is the new trend in the HCI systems market. However, high setup costs in developing countries and the global impact of COVID-19 on the industry vertical have obstructed this market's growth.

The Hyper-Converged Infrastructure (HCI) Systems Market is segmented on the basis of component, application, vertical, organization size, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5176 Scope of the Report:

Hyper-converged Infrastructure Systems Market, by Component                  

·         Hardware

o    Processors

o    Networking

o    Memory

·         Software

·         Services

Hyper-converged Infrastructure Systems Market, by Organization Size

·          

o    Large Enterprises

o    Small & Medium-Sized Enterprises

Hyper-converged Infrastructure Systems Market, by Application                  

·         Virtualizing Critical Applications

·         Remote Office and Branch Office (ROBO)

·         Data Protection and Disaster Recovery Solutions

·         Virtualization Desktop Infrastructure (VDI)

·         Data Center Consolidation

·         Private & Hybrid Cloud

Hyper-converged Infrastructure Systems Market, by Vertical              

·         Healthcare

·         Manufacturing

·         Energy

·         Retail

·         Banking, Financial Services and Insurance (BFSI)

·         IT and telecom

·         Others

Hyper-converged Infrastructure Systems Market, by Geography:        

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    U.K.

o    France

o    Italy

o    Spain

o    Rest of Europe

·         Asia-Pacific

o    Japan

o    China

o    India

o    Rest of Asia-Pacific

·         Latin America

·         Middle East and Africa

Speak with Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5176 Based on components, the hyper-converged infrastructure (HCI) systems market is segmented into hardware, software, and services. The hardware segment is estimated to account for the largest share of the overall hyper-converged infrastructure systems market in 2021. The large share of the segment is mainly attributed to the increasing demand for HCI systems to reduce IT infrastructure costs and streamline processes & operations and increasing demand for robust and cost-effective devices, including servers, storage, and networking devices among business enterprises to strengthen their IT infrastructure. However, the services segment is slated to register the highest CAGR during the forecast period due to the increasing demand for cloud services for IT operations.

Based on application, the hyper-converged infrastructure (HCI) systems market is segmented into virtualizing critical applications, remote office and branch office (ROBO), data protection and disaster recovery solutions, data center consolidation, virtualization desktop infrastructure (VDI), and private & hybrid cloud. Among these, the data center consolidation segment is estimated to account for the largest share of the overall hyper-converged infrastructure system market in 2021. The large share of the segment is mainly attributed to the benefits offered by HCI systems, including data reduction features such as deduplication and compression. Also, the need to reduce the requirement of separate backup software, deduplication machines, and storage array, such as SSD RAID (solid-state drive RAID), further contributes to the segment growth.

Based on organization size, the hyper-converged infrastructure (HCI) systems market is segmented into large enterprises and small & medium-sized enterprises. The large enterprises segment is estimated to account for the largest share of the overall hyper-converged infrastructure system market in 2021. The large share of the segment is mainly attributed to the increasing HCI adoption for applications, including VDI, data protection & disaster recovery solutions, and ROBO, and increasing focus on improving remote access. The need to reduce capital, operational expenditure, and enhance disaster recovery & data protection capability further contributes to the segment growth. However, the small & medium-sized enterprises segment is slated to register the highest CAGR during the forecast period due to the growing need to enhance overall business productivity, improve scalability, and cost-efficiency of IT infrastructure.

Based on vertical, the hyper-converged infrastructure (HCI) systems market is segmented into healthcare, manufacturing, energy, retail, banking, financial services, and insurance (BFSI), IT and telecom, and others (oil & gas, education, government). Among these, the IT and telecom sector is estimated to account for the largest share of the overall hyper-converged infrastructure system market in 2021. The large share of the segment is mainly attributed to the increasing number of data centers, growing demand to increase IT operational efficiency, growing data center traffic, surging need for effective monitoring of projects, and reduced technology infrastructure cost. However, the banking, financial services, and insurance (BFSI) sector is slated to register the highest CAGR during the forecast period due to the surging demand for cloud-based solutions, increase in demand for data center transformation services, rise in security breaches targeting business applications, and growing need to streamline the deployment of new workloads, reduce IT costs, & optimize infrastructure.

Check complete table of contents with list of tables and figures: https://www.meticulousresearch.com/product/hyper-converged-infrastructure-systems-market-5176 Geographic Review:

Geographically, the hyper-converged infrastructure (HCI) systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East &Africa. The North American region is estimated to account for the largest share of the global hyper-converged infrastructure (HCI) systems market in 2021. The large share of this segment is mainly attributed to the presence of major players along with several emerging startups in the region, early adoption of the latest technologies and government investments in advanced technologies, rising demand from the VDI for training and education purposes, and growing need for reducing the footprints in data centers. Besides, other factors such as increasing demand for cloud-based services to enhance IT operations and increasing focus on improving remote access and strengthening the enterprise mobility framework are further supporting the market growth in this region.

However, Asia-Pacific is expected to witness rapid growth during the forecast period, driven by the rapid adoption of VDI and server virtualization in data centers, increasing number of datacenters, and growing need to reduce operating cost. In addition, the rising focus on digitalization with technological advancements, including artificial intelligence & cloud-based solutions, and growing demand to improve infrastructure scalability are some of the major factors driving the growth of the HCI market in APAC.

Key Players:

The key players operating in the hyper-converged infrastructure systems market are Nutanix, Inc. (U.S.), Dell Technologies, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), VMware, Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Microsoft (U.S.), IBM Corporation (U.S.), Fujitsu Limited (Japan), DataCore Software (U.S.), Pivot3, Inc. (U.S.), NetApp, Inc. (U.S.), Hitachi Vantara LLC (U.S.), NEC Corporation of America (NEC Corporation) (Japan), and Scale Computing (U.S.) among others.

You Can Buy Report Here: https://www.meticulousresearch.com/Checkout/65202464 Key questions answered in the report-

·  Which are the high growth market segments in terms of component, application, vertical, organization size, and countries?

·  What was the historical market for hyper-converged infrastructure systems market (HCI) across the globe?

·  What are the market forecasts and estimates for the period 2021-2028?

·  What are the major drivers, restraints, opportunities, and trends in the hyper-converged infrastructure systems market?

·  Who are the major players and their share in the hyper-converged infrastructure systems market?

·  How is the competitive landscape in the hyper-converged infrastructure systems market?

·  What are the recent developments in the hyper-converged infrastructure systems market?

·  What are the different strategies adopted by the major players in the hyper-converged infrastructure systems market?

·  What are the key geographic trends, and which are the high-growth countries?

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Organizations have been using traditional data centers for many years. They rely on data center hardware and physical servers to store data, and they're constrained by the size of the physical space in which this hardware is kept.

The firm or organization would have to purchase extra physical servers and hardware to boost its storage capacity. As a result, a traditional data center is completely constrained by the physical constraints it faces, a condition that makes any type of corporate expansion a major undertaking fraught with risks. Hyperconverged systems can help in this situation.

What are Hyperconverged Systems?

Hyperconverged infrastructure (HCI) is a software solution that integrates storage, processing, and networking into a single system to reduce data center complexity and boost scalability. To achieve shared computing, multiple nodes are grouped together.

There are other advantages to implementing hyper-converged solutions into your IT strategy, aside from the fact that they require less physical equipment, gear, and space.

Adaptability

Hyperconverged storage solutions provide higher flexibility and overall agility as compared to older infrastructures that many enterprises now use. If you want your IT infrastructure to be genuinely adaptable, it has to be manageable by everyone in your organization, not just a few experts.

IT generalists can manage all infrastructure operating responsibilities with hyper-converged systems, allowing your IT specialists to focus on innovation and relevant business projects.

The ability to scale

Hyperconverged systems not only enhance flexibility but also help with scalability, which is something that most businesses struggle with. Hyperconverged systems may be set up and deployed in a matter of hours, allowing for rapid adjustments. You may grow storage and computation resources on an as-needed basis without having to make big infrastructure investments.

This ensures compatibility as additional levels of infrastructure is introduced without the need for massive, sweeping changes, allowing for significantly more efficient scaling than was previously allowed.

Effectiveness

The increased efficiency that hyper-converged systems can provide an organization is perhaps the most exciting benefit. Because the core principle of hyper-converged storage includes less physical equipment, it is far more cost-effective to maintain, support, and update this system than it is to maintain, support, and update a system based on a traditional infrastructure with integrated components.

New features and updates may be automatically integrated and installed thanks to the software-based infrastructure, which eliminates the need to purchase brand new components. Hyperconverged systems' total efficiency boost allows enterprises to be as flexible as possible, allowing them to offer services at a lower cost.

Reorganization

The capacity of hyper-converged systems to consolidate diverse IT tasks onto a single platform, when combined with the emphasis on efficiency, is extremely valuable to a wide range of enterprises. All workloads will run in a single location with these hyper-converged technologies, rather than in many separate, customized silos.

This makes it much easier to move data across multiple appliances and, perhaps, data centers, which is a challenging task with traditional infrastructure. The benefits of data consolidation will become apparent as enterprises grow more skilled and accustomed to dealing with these hyper-converged systems.

Safety and security

When it comes to data, one of the major concerns that both businesses and the general public have is that it is not effectively protected. Companies must do everything possible to ensure they are adhering to the highest standards of conduct as data protection policies and regulatory requirements around what is required continue to be strictly enforced around the world.

Hyperconverged systems are extremely helpful in this regard. When disaster recovery capabilities are built into the infrastructure, data protection capabilities become not only more efficient but also significantly more cost-effective.

Last Thoughts

It can feel like a losing battle to combat the ever-increasing tides of technical advancements. If corporate leaders do not adapt to the changes that are coming, they risk slipping behind. With each passing year, hyper-converged systems will become more common, and businesses must rethink their infrastructure strategy and adapt if they want to stay competitive.

Although organizations are moving more applications and services into the cloud, certain workloads still require the control, reliability and security of on-premises infrastructure. Hyper-convergence has emerged as a key technology for effectively balancing cloud and on-premises resources.

Hyper-converged systems reduce the cost and complexity of on-premises infrastructure by tightly integrating core infrastructure resources into a single platform running on industry-standard hardware. They also provide the foundation for private cloud platforms that deliver some of the speed and scalability of the public cloud, but with greater security and control.

Private clouds offer a compelling mix of scalability and security, but they are notoriously difficult and expensive to implement correctly. It involves properly integrating virtualization, compute, storage and networking components, along with security, management and orchestration functionality. In 2015, a Gartner survey found that roughly 95 percent of private cloud initiatives failed.

Hyper-converged platforms remove many of those challenges through the pre-integration of compute, storage and networking. Combined with a native hypervisor, these resources enable cloud-like levels of automation, scalability, agility and flexibility — but with lower costs, better application performance and better security.

IDC analysts say that IT departments are increasingly adopting hyper-converged systems for the express purpose of building private clouds. The research firm says that the hyper-converged infrastructure market is growing faster than 150 percent a year, and could be worth $6.4 billion by 2020.

Hyper-convergence has evolved from the converged infrastructures developed in recent years to remedy data center bloat. Converged infrastructures consist of pre-racked and cabled compute, storage and networking components integrated into a unified system based upon a validated reference architecture. This approach shortens deployment time, improves management and delivers one-throat-to-choke support.

There are drawbacks, however. Converged infrastructure solutions are made up of distinct hardware components that have been engineered to work together, which can lead to issues with vendor lock-in. In addition, most converged infrastructure products come in standard form factors with rigid configuration rules, severely limiting provisioning and expansion options.

Hyper-converged systems, in contrast, cannot be separated into their component parts. Software-defined technology delivers both compute and storage functions using the same x86 server resources. There’s just one, highly automated platform to manage. However, a key feature of hyper-convergence is its scale-out architecture, which makes it possible to increase capacity by adding modules. This design approach creates a more agile and efficient IT infrastructure for organizations seeking to implement a private cloud.

In fact, hyper-converged systems share several of the characteristics of the cloud, including:

Elasticity.     Hyper-converged systems can be scaled up or down as needed without complex configuration and integration and at low incremental cost.

On-Demand Services. The software-defined approach abstracts compute and storage resources, making it possible automate provisioning.

Resource Pooling. The scale-out architecture of hyper-converged systems creates one logical pool of resources using software that automatically discovers nodes.

Traditionally, IT infrastructure has been designed, configured and implemented on a box-by-box basis, creating a complex, siloed environment that is inflexible and difficult to scale. The cloud provides greater agility but is not suitable for all workloads. Hyper-convergence enables organizations to gain cloud-like simplicity without sacrificing the security and reliability of on-premises infrastructure.

Author – Rahi