Increasing Number of Data Centers Contributes to Global Hyper-Converged Infrastructure Market Growth
According to the estimations put forth by Inkwood Research, the Global Hyper-Converged Infrastructure Market is predicted to project a CAGR of 25.64% in terms of revenue during the forecasting years of 2019-2028.
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Infrastructure Market Forecast 2019-2028.”
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Hyper-converged infrastructure primarily
entails software-defined information technology (IT) infrastructure, which
virtualizes the traditional hardware-defined systems' comprehensive elements.
The IT infrastructure is centrally managed, while its network storage and
compute are collectively sold as a unit, by a single vendor. As a more
virtualized system, advantages such as cost reduction, flexibility, and
simplified deployments, aid the increased adoption of hyper-converged
infrastructure.
Surging number
of Data Centers Drives Market Growth
Data centers are the backbone of online
consumers and business operations. The rising number of data centers is
reinforced by the surging internet use for personal and business purposes,
through high-speed broadband connectivity and smartphones. The adoption of
cloud-based services by enterprises and the increasing use of social media bolster
the construction of hyper-scale data centers, particularly by organizations
like Google, Facebook, Microsoft, and Amazon Web Services (AWS). Moreover,
colocation suppliers are significantly investing in data centers' construction,
spread across an area of 200,000 square feet. As a result, massive data growth
is projected to generate increased IP traffic in traditional and cloud data
centers.
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Backup Recovery/Disaster
Recovery is the Leading End-User
Since hyper-converged infrastructure is
highly dependent on software, the efficiency of handling data loss through
applications has considerably improved. Hence, including features such as
backup recovery/data recovery is anticipated to procure higher traction in the
upcoming years. Hyper-converged infrastructure is suitable for executing
disaster recovery functions as they are equipped with storage, compute, and
network resources. Moreover, the hypervisor, its key backup recovery/disaster
recovery component, helps the production systems replicate its setup frequently.
Therefore, it helps improve the disaster recovery time, while generating
replicas of production virtual machines hosted on the hyper-converged
system.
North
America Dominated the Global Market in 2019
The hyper-converged infrastructure market growth
in North America is primarily attributed to the presence of numerous data
centers and key players. In addition, the rising need to transform and modify
the region's existing data center infrastructure facilitates market growth.
Moreover, North America observes a growing demand for data center services,
reinforced by immense data growth, the Internet of Things (IoT), and cloud
computing. As a result, investments across North America's data center market
are on a constant rise.
The industrial rivalry within the market is
high, since key players attempt to procure higher profits due to increased
market demand. Major enterprises operating in the market include, VMware Inc,
Huawei Technologies, Cisco, Netapp Inc, Nutanix Inc, Hewlett Packard
Enterprise, etc.
About
Inkwood Research
Inkwood Research specializes in syndicated
& customized research reports and consulting services. Market intelligence
studies with relevant fact-based research are customized across industry
verticals such as technology, automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that acknowledges the business
environments. Our geographical analysis comprises of North & South America,
CEE, CIS, Middle East, Europe, Asia, and Africa.
Contact Us
https://www.inkwoodresearch.com
+1 857-302-4704
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