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Hyper-Converged Infrastructure Trends – 2023 Predictions

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Hyper-Converged Infrastructure Trends
Hyper-Converged Infrastructure Trends

Since its inception a decade ago, hyper-converged infrastructure technology has made significant advancements, finding a place in data centers hoping to reduce administrative and procurement hassles.

Initially, vendors positioned the technology as an easy-to-deploy, all-in-one solution that integrated computation, storage, and networking with a hypervisor. The key selling features of this now-mainstream technology are simplicity.

However, nothing in IT is constant. Industry consultants and experts have shared their predictions for hyper-converged infrastructure (HCI) trends until 2023.

Point to Cloud

HCI is developing a name for itself to provide enterprises with a cloud-like setting while preserving more control over IT resources. This trend is expected to continue in the medium term as companies strengthen their links to the cloud computing paradigm.

The tendency will undoubtedly continue and, in all chances, increase. Most HCI suppliers are expanding their capabilities to a public cloud to provide seamless connectivity. Customers may leverage public cloud services and resources while maintaining the same management level across both environments.

Market Segmentation Analysis

  • Application. The market is divided into applications (Data Center Consolidation, Disaster Recovery, Branch Office, and Others). The data center consolidation sector accounted for 25.4% of the market. At the same time, backup or disaster recovery is predicted to increase rapidly due to increasing data breaches.
  • Region. The study examines the hyper-converged infrastructure market in North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. North America maintained the largest market share of 38%, followed by Europe, with Germany having the lion’s share of the European market. Asia Pacific is predicted to develop at the fastest CAGR of 30.1%. This is due mainly to a growth in service demand among Asia Pacific’s ever-increasing population bases.
  • Component. The market is divided into two parts in the research depending on the element: software and hardware. As enterprises increasingly resort to hyper-converged infrastructure to ease hardware and virtualized systems complexity, hardware retained a significant market share of 69% in 2021. On the other hand, the software market is predicted to develop at the fastest CAGR in the future years.
  • End-User. The study further segmented the market by end-user: IT and Telecom, Manufacturing, Education, and Others. The BFSI accounted for one-fourth of the market. Hyper-converged systems check all the boxes in the financial, banking sectors, and insurance business, such as lowering infrastructure management time while providing infrastructure flexibility, essential workloads, and disaster recovery (DR). Additionally, these solutions address the problem of single-vendor networking infrastructure. As a result, the use of HCI in BFSI is projected to increase in the next few years.

Regional Analysis

Europe, North America, Asia Pacific, and the rest of the world are all being investigated for the worldwide hyper-converged infrastructure industry. The Asia Pacific is predicted to account for the most significant market share and to expand at the quickest pace during the forecast period.

North American market development may be attributed to improvements in the electronics sector and rising demand for hyper-converged services along various other industrial verticals. Another essential element fueling the growth of the region’s hyper-converged infrastructure market is the involvement of industry titans.

Restraints and Drivers

The research study examines many aspects that contribute to the market’s development. It consists of trends, constraints, and drivers that either positively or negatively change the market. This section also discusses the many sectors and applications that may impact the market in the future.

The specifics are based on current trends and historical milestones. This section also examines the worldwide market production for each kind from 2016 to 2027. This section discusses production volume by region from 2016 through 2027. The research includes pricing analysis for each kind from 2016 to 2027, manufacturer from 2016 to 2021, the region from 2016 to 2021, and worldwide price from 2016 to 2027.

A detailed review of the report’s restraints depicts the contrast to drivers and allows for strategic planning. Aspects that overshadow market growth are important because you may use them to design diverse strategies for seizing the rich chances that exist in the ever-growing market. In addition, insights from market experts’ viewpoints have been used to comprehend the industry better.

Market Dynamics

  • Trends. Due to many emerging advancements such as the change to subscription-based contracts, the advantages of HCI adoption, the shift to a multi-cloud world, and heading to HCI automation, edge computing, and so on, the market is expected to develop rapidly over the projection period. Most industry leaders in multi-cloud implementations and hybrid cloud services use hyper-converged infrastructure. For example, Dell Technologies’ Cloud platform, built on VxRail, the industry’s leading hyper-converged technology, is the company’s most significant cloud expenditure in years.
  • Challenges. However, the industry has faced specific problems, including limited dual-socket servers, HCI implementation issues, etc.
  • Growth drivers. The necessity for improved data security and disaster recovery solutions is one of the most critical drivers influencing the definition of hyper converged infrastructure Organizations are turning to HCI to decrease complexity in both hardware and virtualized contexts. Furthermore, the market has grown in recent years due to factors such as shifting the workload to the cloud, increasing HCI adoption rate by emerging countries, optimistic organizational behavior for HCI installation, data center consolidation, and rising demands from the healthcare sector and SMEs, among others.

Conclusion

The rising demand for an alternate option to the cloud is a significant aspect driving the development of the hyper-converged infrastructure market. Businesses all around the globe are moving their IT infrastructure to the cloud. This is primarily because unscheduled downtime in industrial operations poses major financial risks.

Furthermore, the implementation of the new hyper-converged infrastructure has been delayed because of the outbreak. On the contrary, introducing hyper-converged infrastructure as a viable option for public cloud computing will benefit the industry and significantly aid its growth in the future years.

neelum
Neelum Malik is an Editor at Bestkoditips experiencing SEO strategies and knowledge about online educational platforms. Prior to her work as an Editor, Neelum worked in IT across a number of industries, including banking, retail, and software.

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