The global converged infrastructure market is expected to witness a healthy growth rate in the coming years as several organizations are investing in upgrading their IT infrastructure. Converged infrastructure includes servers, virtualization, networking, storage, and along with other resources that are holistically managed. The demand for these systems is expected to remain consistent due to their single point of storage.
The emerging trend of organizations to opt for solutions that provide better security, scale, agility, and simplicity is also expected to have a positive influence on the global market. The report highlights that small and mid-sized organizations are taking a keen interest in adopting converged solutions cutting down IT operational costs has become imperative in the dynamic global economy.
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The increasing penetration of cloud-based data centers as companies move their financial systems to cloud systems along with other operational features is expected to bolster market growth in the near future. In order to improve productivity and efficiency, organizations are expected to adopt cloud technologies and architecture, eliminating the need for conventional data centers, which is expected to fuel the growth of the converged infrastructure market. The growing need for safe and secure IT infrastructure to prevent damage due to cyber-attacks has also prompted the usage of converged infrastructure.
Transparency Market Research (TMR) notes that the leading players in the global converged infrastructure market are Dell EMC, Nutanix, Inc., and Hewlett-Packard Company. These companies are known to offer best on-premise data centers in a hybrid cloud world. In the coming years, companies are expected to look at geographical expansion through mergers and acquisitions and meaningful collaborations to increase their reach. Business expansion through investment will also be an important strategy adopted by the players in the global market.
This 138 page report gives readers a comprehensive overview of the Converged Infrastructure Market. Browse through Table. Browse through 37 figures and 25 data tables to unlock the hidden opportunities in this market.
According to the research report, the global converged infrastructure market is expected to be worth US$76.26 bn by the end of 2025 from US$11.78 bn in 2016. During the forecast years of 2017 and 2025, the global market is expected to surge at a CAGR of 22.4%. Amongst the various end users in the global market, the telecommunications and IT sector is estimated to show dominance over the forecast period.
By the end of 2025, this sector is likely to acquire a share of 34.2% in the global market. From a geographic point of view, North America is slated to account for a share of 39.5% in overall market by the end of 2025.
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As converged infrastructure market is experiencing considerable progression from last few years, the number of vendors providing these solutions and services have also grown. China, Japan and South Korea is leading the market for telecommunication and IT, followed by Thailand, Indonesia and India across Asia Pacific. This regional market is slated to surge at a CAGR of 23.8% over the forecast years.
Some of the major players operating in the converged infrastructure market are Nutanix, Inc., Hitachi Data Systems, Oracle Corporation, IBM Corporation, Hewlett-Packard Enterprise, Cisco System, Inc., VMware Inc., Dell EMC., Scale Computing, and NetApp, Inc. among others.
The global converged infrastructure market has been segmented as follows:
Global Converged Infrastructure Market by Components
Server
Storage
Network
Software
Services
Global Converged Infrastructure Market by Architecture Type
Pre- Configured
Customized
Global Converged Infrastructure Market by End Use Industry
BFSI
Telecommunication and IT
Manufacturing
Healthcare
Others
Global Converged Infrastructure Market by Region
North America
The U.S.
Canada
Mexico
Europe
U.K
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America
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