Global Hyper Converged Infrastructure Market

Hyper Converged Infrastructure Market Size, Share, Growth Analysis, By Component(Solutions, Services), By Application(Web-based software, Cloud-based software), By End User(Cloud Providers, Colocation Providers, Enterprises), By Organization Size(Large enterprises, and Small & Medium-sized Enterprises (SMEs)), By Enterprise(BFSI, IT & telecom, Government, Healthcare), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45C2066 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 153 | Figures: 78

Hyper Converged Infrastructure Market Insights

Hyper Converged Infrastructure Market size was valued at USD 16.9 Billion in 2023 and is poised to grow from USD 21.48 Billion in 2024 to USD 146.17 Billion by 2032, growing at a CAGR of 27.1% during the forecast period (2025-2032).

Due to its ability to simplify infrastructure administration, optimize infrastructure costs, and expedite the deployment of new workloads, hyper-convergence architecture has recently garnered significant traction among companies. Throughout the projected period, this has further bolstered the hyper converged infrastructure market's expansion. The global hyper converged infrastructure market growth can be attributed to the pay-as-you-go pricing structure that is enabled by the architecture of the hyper converged infrastructure and its ability for incrementally scaling. Business critical applications, which are currently deployed on a three tier IT architecture will migrate to hyper converged infrastructure owing to its integrated stack system, integrated infrastructure system, and integrated reference architectures. 

The rising number of remote workers and the increasing use of cloud-oriented services have presented businesses with new challenges on security. In this regard, hyper converged infrastructure provides infrastructure for services that is secure and scalable, helping organizations to fortify data protection as well as minimize the risk of cyber threats. All in all, the global hyper converged infrastructure market is on the rise mainly due to the increasing concerns of data protection. The market is also expected to keep on growing in the next few years as long as organizations maintain their priority on data security. As a result, these hyper converged infrastructure related variables have improved the market's compound annual growth rate (CAGR) globally in recent years.

US Hyper Converged Infrastructure Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Global Hyper Converged Infrastructure Market size was valued at around USD 12.3 billion in 2022 and is expected to rise from USD 16.9 billion in 2023 to reach a value of USD 115 billion by 2031, at a CAGR of 27.1% over the forecast period (2024–2031).

The competitive landscape is characterized by the presence of key players striving for innovation and having large segment of the global hyper converged infrastructure market share. Organizations including VMware, Nutanix, Dell Technologies and HPE among others, are leading the way in providing sophisticated hyper converged infrastructure solutions that combine storage, compute, and network resources. These organizations continually improve their product portfolio by forming alliances, ceasing competition with, or buying out other companies and implementing advanced technologies which make them suitable to address the needs of businesses for cost effective and flexible IT structure provision. 'DELL EMC ', 'Nutanix ', 'Cisco ', 'HPE (Hewlett Packard Enterprise) ', 'Huawei ', 'NetApp ', 'VMware ', 'Pivot3 ', 'Scale Computing ', 'Stratoscale ', 'Maxta ', 'Datcore ', 'Hitachi Vantara ', 'Sangfor ', 'Microsoft ', 'HiveIO ', 'Supermicro ', 'Diamanti ', 'Lenovo ', 'NEC ', 'Riverbed Technology ', 'IBM ', 'Fujitsu ', 'StarWind ', 'StorMagic'

One of the top trends fueling growth in the global hyper converged infrastructure market is the increase in cloud solution usage. With more organizations embracing cloud computing as a way of improving their scalability and flexibility, there is a need for an integrated approach of HCI which bridges the management of these resources so that firms can easily deploy and manage their applications over hybrid clouds. 

Shift Towards Multi-Cloud Strategies: The global hyper converged infrastructure industry is increasingly witnessing a shift towards multi-cloud strategies. Implementing hyper converged infrastructure solutions that can easily connect to different cloud infrastructures is on the boom in many organizations trying to become more flexible and scalable while putting better management of resources and lowering costs. This trend increases operational efficiency and caters for varied business requirements. 

North America is dominating the global hyper converged infrastructure market due to its advanced technological landscape, high adoption rates of cloud computing, and significant investments in IT infrastructure. The region’s focus is on major players in the technology and startup industries, which acts as a catalyst for hyper converged infrastructure solution advancement, forms or develops new hyper converged infrastructure solutions. Moreover, there is a growing trend in many organizations in North America that focus on digital transformation projects which in turn creates a need for a RAW RAXA-R architecture with a sound foundation capable of coping with many intensive workloads. Apart from the aforementioned factors, the region’s focus on improved data security and regulatory compliance and resource efficiency helps to increase hyper converged infrastructure adoption, making North America the most advanced region in the global hyper converged infrastructure market. 

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Global Hyper Converged Infrastructure Market

Report ID: SQMIG45C2066

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