DUBLIN--(BUSINESS WIRE)--The "Hyper-Converged Infrastructure Market by Component, Application, Organization Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global HCI market size is expected to grow from USD 4.1 billion in 2018 to USD 17.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period.
HCI helps organizations in complying with various regulations, including capital requirements in banking or eligibility requirements for government benefits. Hypervisors play an important role during the deployment of any virtualization. However, in HCI, the choice is limited as the hypervisors offered are vendor-dependent. These factors may restrict the adoption of HCI solutions.
North America is estimated to hold the largest market size in the global HCI market in 2018. North America is the most matured region in the HCI market, as most large enterprises are in the region. On the other hand, the HCI market in APAC is expected to witness exponential growth to become the fastest-growing region.
Market Dynamics
Drivers
- Increasing Data Protection and Disaster Recovery Requirements to Rise Demand for HCI
- Rising Adoption of HCI Among Organizations to Reduce Capital Expenditure (CAPEX) and Operational Expenditure (OPEX)
Restraints
- Restriction on Hypervisor Selection
Opportunities
- Inception of Composable Infrastructure
- Acceptance of Hybrid Cloud to Facilitate Adoption of HCI
- Rise in Investments in Data Center Infrastructures to Benefit Adoption of HCI
Challenges
- Fear of Vendor Lock-In
Evolution
Companies Mentioned
- Cisco
- Datacore
- Dell Emc
- Diamanti
- Fujitsu
- Hitachi Vantara
- Hiveio
- HPE
- Huawei
- IBM
- Lenovo
- Maxta
- Microsoft
- NEC
- Netapp
- Nutanix
- Pivot3
- Riverbed Technology
- Sangfor
- Scale Computing
- Starwind
- Stormagic
- Stratoscale
- Supermicro
- Vmware
For more information about this report visit https://www.researchandmarkets.com/research/7lwggx/hyperconverged?w=4
