Hyper-Converged Systems Adoption Analysis
Enterprises, nowadays, are moving from physical products to subscription services, targeting potential markets or attracting new customers, which ensures greater level of scale. The effect of this transmutation is far-sighted and difficult to overstate. Ever-increasing digital data and diversified sources are influencing enterprises to shift towards high-performance and software defined applications and infrastructure. An important element of this evolution is the emergence of hyper-converged systems, which would represent a US$ 50 Bn opportunity by the end of forecast period of 2020-2030.
Hyper-Converged Systems Market: Key Research Findings
- The global hyper-converged systems market reached the US$ 5 Bn mark in 2019.
- Increasing need for cost-effective and seamless software-driven architecture would be vital in molding the growth curve.
- Hyper-converged infrastructure appliances would remain highly preferable; server virtualization software to gain traction.
- Small and medium enterprises (SMEs) would emerge as key end users of hyper-converged systems.
- The BFSI industry would remain the key revenue pocket for the hyper-converged systems market; manufacturing sector to offer potential growth avenues.
- North America continues to reflect lucrative opportunities; market players to unfold revenue lines in Europe.
Key Factors Shaping Hyper-Converged Systems Market Growth
Organizations to Leverage Benefits of Software-Defined HCI Platform over Traditional Datacenters
Hyper-converged systems are software-defined systems that combine all the components of a traditional datacenter, i.e. storage, compute, networking, and management, in an effort to reduce data center complexity and increase scalability. The inbuilt capabilities of HCI systems enable ease of use and software-defined storage to yield greater scalability and resource efficiency. Organizations are mainly preferring to integrate HCI systems, as this offers various features such as agility and security of the private cloud, cost-effective approach to storage, backup, and recovery with data security, and simplified resource management. Thus, increasing adoption of software-defined HCI platforms would propel the growth of the hyper-converged systems market.
The coronavirus (COVID-19) pandemic has triggered nationwide lockdowns and self-quarantine regulations. Almost all IT service companies have enabled remote working or work from home (WFH) until the containment of the virus. As such, several companies have significantly invested in hyper-converged systems, as they allow working professionals to work distantly with in-built virtual desktop infrastructure (VDI) features.
Increasing Demand of Hyper-Converged Systems for Backup and Disaster Recovery
The adoption of hyper-converged systems has been increased over the past few years. Organizations are turning to HCI to simplify complexity for both, hardware and virtualized environments. However, some businesses use hyper-converged solutions for the purpose of disaster recovery. Disaster recovery incidents generally include fire or natural disasters, equipment loss within the data center, component failures, and lack of network connectivity due to networking issues. HCI systems perform disaster recovery functions to protect against these types of incidents by replicating each VM to a backup server. The systems offers integrated backup and disaster recovery to protect virtualized applications. Thus, the increasing adoption of hyper-converged systems for the purpose of backup and disaster recovery would drive market growth.
North America Hyper-Converged Systems Market to Remain Dominant
In terms of value, the hyper-converged systems market in North America led the global market in 2019, due to the presence of a large number of prominent technology vendors in this region. However, developing regions such as South Asia & Pacific are expected to record high growth rates over the forecast period, owing to increasing adoption of HCI systems in small- and medium-sized enterprises for the purpose of backup and disaster recovery. Rapid developments occurring in the IT sector and the increasing demand for hyper-converged systems from the government and financial sector are key factors that are predicted to ensure the development of this region in the coming few years.
Hyper-Converged Systems Market - Competition Landscape
- Leading players in hyper-converged systems market are focusing on R&D activities to explore potential growth avenues.
- In addition, market participants are increasingly investing in product marketing strategies to reach a broader customer base and increase their worth in the hyper-converged systems market.
Base year considered
Actual estimates/Historical data
2015 - 2019
2020 - 2030
Value (USD) Bn
Component, Enterprise Size, Application, Industry, and Region
North America (US & Canada), Europe (UK, Germany, France, Spain, Italy, Russia, and Rest of Europe), Latin America (Brazil, Mexico, Argentina and Rest of LA), East Asia (China, Japan and South Korea) South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia, & New Zealand and Rest of South Asia & Pacific), and MEA (GCC Countries, South Africa, Turkey, Northern Africa, and the Rest of MEA)
Pfizer Inc., Allergan, Plc., Alcon Laboratories, Inc., Akron Pharma Inc., and Bausch Health Companies Inc.
Revenue forecasts, COVID-19 impact, company share, competitive landscape, growth factors, and trends
Hyper-Converged Systems Market Share by Industry
Hyper-converged systems tick all the critical boxes the banking, financial services, and insurance (BFSI) industry, such as reducing time in managing infrastructure, as well as ensuring scalability of infrastructure, availability of critical workloads, and disaster recovery (DR). In addition, these systems solve the issue of single-vendor networking infrastructure, as well as reducing operating costs at scale. Moving on, the manufacturing industry is embracing hyper-converged systems to serve the demand for efficient operations and evolving customer expectations.
Regional Outlook of Hyper-Converged Systems Market
North America has been the test bed for several tech-driven innovations. The hyper-converged systems market in the region is characterized by the strong presence of prominent technology vendors. By 2030, the regional market would click the US$ 20 Bn mark. Going forward, market players will also unleash potential revenue lines in South Asia & Pacific, given the increasing deployment of hyper-converged systems in small- and medium-sized businesses (SMBs) for backup and disaster recovery. Moreover, the government and financial sectors are incorporating hyper-converged systems as a crucial aspect in their framework.
* This data is only a representation. Actual data may vary and will be available in report.
Backup and Disaster Recovery - Emerging Application Area for Hyper-Converged Systems
While organizations conventionally leverage hyper-converged systems to reduce complexity for both, hardware and virtualized ecosystems, a few enterprises utilize the infrastructure for backup and disaster recovery. Hyper converged infrastructure implements disaster recovery functions to avoid incidents such as equipment loss within data centers, components failure, and network connectivity issues, by replicating each virtual machine (VM) to backup servers. The systems offer integrated backup and disaster recovery to protect virtualized applications. As such, players must tap the potential of hyper-converged systems in backup and disaster recovery use cases.
High preference for hyper-converged infrastructure appliances
Server virtualization software to witness rapid momentum
Large enterprises remain key customers
Adoption in SMEs to accelerate
Virtualization and VDI remains key application area
Application in data center consolidation to surge
BFSI industry hold leading value share
Manufacturing industry to exhibit rapid CAGR
How Growth will Unfold
Hyper-converged systems easily fit into large and small- & medium-sized enterprises (SMEs), although both will reap different benefits. For large enterprises, upgrading their well-established infrastructure with hyper-converged systems is not big a deal, as they do not have budget constraints. On the other hand, the limited IT expenditure of SMEs creates an adoption roadblock for step-change transformations. For SMEs, simplicity is a cost-saver. While hyper-converged systems require large upfront investments, they ward off several expenses for SMEs in the long haul - licensing costs, separate support costs, and administrative costs. Moreover, the pay-as-you-grow scaling model of hyper-converged systems is attracting huge attention of SMEs.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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A recent market report published by Future Market Insights on the hyper-converged systems market includes global industry analysis of 2015-2019 and opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters, growth prospects of this market are obtained with maximum precision.
Hyper-Converged Systems Market Taxonomy
The global hyper-converged systems market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the readers.
- Hyper-Converged Infrastructure Appliances
- Server Virtualization Software
- Large Enterprises
- Virtualization and VDI
- Data Center Consolidation
- Remote Office / Branch Office (ROBO)
- Backup and DR
- IT and Telecom
- Energy and Utilities
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
The report begins with the executive summary of the hyper-converged systems market, which includes a summary of the key findings and statistics of the market. It also includes demand- and supply-side trends pertaining to this market.
Readers can find the definition and a detailed taxonomy of the hyper-converged systems market in this chapter, which will help them to understand basic information about the market. Along with this, comprehensive information pertaining to storage area network and its properties are provided in this section. This section also highlights hyper-converged systems market report.
The hyper-converged systems market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.
This section includes the key successful factors and strategies adopted by key market participants.
This section explains the global market value analysis and forecasts for the hyper-converged systems market for the forecast period of 2020-2030. This chapter includes a detailed analysis of the historical hyper-converged systems market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2020-2030). Along with this, pricing analysis of the hyper-converged systems market at the regional level has been provided in this section.
This chapter explains the key macroeconomic factors that are expected to influence the growth of the hyper-converged systems market during the forecast period. Along with macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis of the hyper-converged systems market. Moreover, in-depth information about market dynamics and their impact analysis on the market have been provided in the successive section.
Based on component, the hyper-converged systems market is segmented into hyper-converged infrastructure appliances, server virtualization software, and services. In this chapter, readers can find information about key trends and developments in the hyper-converged systems market, and market attractiveness analysis.
Based on enterprise size, the hyper-converged systems market is segmented into SMEs and large enterprises. In this chapter, readers can find information about developments and key trends in the market.
Based on application, the hyper-converged systems market is segmented virtualization and VDI, data center consolidation, remote office / branch office (ROBO), backup and DR, and others. In this chapter, readers can find information about developments and key trends in the hyper-converged systems market.
Based on industry, the hyper-converged systems market is segmented BFSI, government, IT and telecom, healthcare, energy and utilities, manufacturing, and others. In this chapter, readers can find information about developments and key trends in the hyper-converged systems market.
This chapter explains how the hyper-converged systems market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia and Pacific, East Asia, and the Middle East and Africa.
This chapter includes a detailed analysis on the growth of the North America hyper-converged systems market, along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends and market growth based on component, enterprise size, application, industry, and countries in North America.
This chapter provides the growth scenario of the hyper-converged systems market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.
Important growth prospects of the hyper-converged systems market in several countries such as Germany, France, Italy, Spain, U.K., Benelux, Russia, and the Rest of Europe are included in this chapter.
This chapter highlights the growth prospects of the hyper-converged systems market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand key factors that are responsible for the growth of the hyper-converged systems market in East Asia.
This chapter provides the growth scenario of the hyper-converged systems market in South Asia and Pacific countries such as India, Thailand, Malaysia, Indonesia, Australia & New Zealand, and the Rest of South Asia & Pacific.
This chapter provides information about how the hyper-converged systems market is anticipated to grow in major countries in the Middle East and Africa region, such as GCC Countries, Turkey, Northern Africa, South Africa, and the Rest of Middle East and Africa, during the forecast period.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the hyper-converged systems market, along with detailed information about each company, which include the company overview, revenue shares, strategic overview, and recent developments. Some market players featured in the report are EMC Corporation; Atlantis Computing, Inc.; Cisco Systems; DataCore Software Corporation; Fujitsu Ltd.; Gridstore, Inc.; Hitachi Data Systems; Nutanix, Inc.; and NetApp; and Pivot3, among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the hyper-converged systems market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the hyper-converged systems market.
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