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Hyper-Converged Infrastructure Systems Market- Global Opportunity Analysis and Industry Forecast (20

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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.

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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

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Based on component, 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.

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