How Has the Hyper Converged Infrastructure Market Evolved Historically and What is its Current Size?
The hyper converged infrastructure market has seen considerable growth due to a variety of factors.
• The market size of hyper converged infrastructure has seen a significant surge in the last few years. The industry is predicted to expand from $17.72 billion in 2024 to $22.42 billion in 2025, recording a compound annual growth rate (CAGR) of 26.5%. The expansion during the historic period can be credited to factors such as the modernization of data centers, cost-effective measures, simplified management procedures, scalability needs, streamlined deployment process, rising workload requirements, enhancements in performance, and heightened awareness about hyper-convergence.
What Is The Projected Growth Of The Hyper Converged Infrastructure Market Size In The Coming Years?
The Hyper Converged Infrastructure market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size for hyper converged infrastructure is predicted to experience a dramatic increase, reaching a size of $65.08 billion in 2029, escalating at a compound annual growth rate (CAGR) of 30.5%.
The factors contributing to this growth during the forecast period include improved security characteristics, the need for data analytics, green IT initiatives, automation and orchestration trends, wide industry adoption, and vendor ecosystem development. The forecast period is also expected to witness trends such as enhanced disaster recovery and business continuity, integrated composable infrastructure concepts, networking solutions, support for containerization and Kubernetes, emphasis on HCI security, advancements in software-defined storage, and expansion of partnerships and ecosystems.
What Are The Key Drivers Fueling Growth In The Hyper Converged Infrastructure Market?
The advancement of IT infrastructure is anticipated to catapult the hyper-converged infrastructure market's growth. IT Infrastructure signifies the entirety of necessities indispensable for administering and managing enterprise IT infrastructures and services. In the scope of hyper-converged infrastructure, it's leveraged to streamline IT operations across diverse businesses and organizations, irrespective of their size. The IT sector might confront genuine challenges, be it a single complex campus location, multiple sites utilizing various platforms, or both. For example, the International Data Corporation, an American firm offering intelligence, advisory services, and events for information technology, states that the expenditure on IT infrastructure in 2022 is $55.7 billion. It also predicts a 10.9% annual surge in the demand for servers, Ethernet switches, and business storage solutions. Consequently, the evolution of IT infrastructure is fuelling the demand in the hyper-converged infrastructure market.
What Are The Principal Market Segments In The Global Hyper Converged Infrastructure Industry?
The hyper converged infrastructure market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Hypervisor: VMware, Kernel-based Virtual Machines (KVM), Hyper-V
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Application: Remote Office Or Branch Office, Virtualization Desktop Infrastructure (VDI), Data Center Consolidation, Backup Or Recovery Or Disaster Recovery, Virtualizing Critical Applications, Other Applications.
5) By End User: Banking, Financial Services, And Insurance (BFSI), IT And Telecom, Manufacturing, Government, Healthcare, Other End Users
Subsegments:
1) By Hardware: Servers, Storage Devices, Networking Equipment
2) By Software: Virtualization Software, Management Software, Data Protection And Backup Software
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Which Emerging Market Trends Are Altering The Hyper Converged Infrastructure Industry?
The push for technological innovation is a notable trend emerging within the hyper-converged infrastructure market. Significant players in this space are centered on rolling out sophisticated and technologically progressive products to consolidate their market supremacy. As an example, StorMagic, an American firm with expertise in data storage solutions, particularly aimed at resolving edge data issues, rolled out a new hyperconverged infrastructure solution named SvHCI in June 2024. This innovation aims to rival VMware by providing substantial cost-efficiency and reliable availability, specifically for edge and small-to-medium-sized business (SMB) settings. The SvHCI merges a hypervisor with virtual networking and employs StorMagic's existing virtual storage technology, SvSAN. It is designed to streamline operations and deliver high availability with just two servers, leading to a potential decrease in software costs of up to 62% in comparison to VMware solutions.
Who Are the Key Players In The Hyper Converged Infrastructure Market?
Major companies operating in the hyper converged infrastructure market include:
• Dell Technologies Inc.
• Nutanix Inc.
• Pivot3 Inc.
• Hewlett Packard Enterprise Co.
• Cisco Systems Inc.
• VMware Inc.
• Microsoft Corporation
• NetApp Inc.
• Scale Computing Inc.
• StorMagic Ltd.
• Huawei Technologies Co. Ltd.
• HiveIO Inc.
• Super Micro Computer Inc.
• Hitachi Vantara Corporation
• Diamanti Inc.
• Lenovo Group Limited
• NEC Corporation
• StarWind Software Inc.
• Fujitsu Ltd.
• DataCore Software UK Ltd.
• IBM Technology Corp.
• Sangfor Technologies Inc.
• DataDirect Networks Inc.
• Red Hat Inc.
• Nyriad Ltd.
• Sunlight Inc.
What Are The Regional Insights Into The Hyper Converged Infrastructure Market?
North America was the largest region in the hyper converged infrastructure market in 2024. The regions covered in the hyper converged infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
