Global Converged Infrastructure Market - Industry Trends and Forecast to 2029

Global Converged Infrastructure Market, By System (Integrated Systems, Certified Reference Systems, Hyper Converged Systems), Type (Server, Storage, Network, Software, Services, Other), Industry (IT and Telecommunications, Manufacturing, Transportation and Logistics, Defence and Government, BFSI, Retail, Energy and Utilities, Healthcare, Others) – Industry Trends and Forecast to 2029.

Converged Infrastructure Market Analysis and Size

Convergence infrastructure has recently gained traction among enterprises due to its potential to streamline the deployment of new workloads, simplify infrastructure management, and optimise infrastructure costs. During the forecast period, this has aided the growth of the converged infrastructure market.

Data Bridge Market Research analyses that the converged infrastructure market was valued at USD 9.03 billion in 2021 and is expected to reach the value of USD 52.46 billion by 2029, at a CAGR of 24.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Converged Infrastructure Market Scope and Segmentation

Market Definition

Converged infrastructure is an information technology that is a combination of various elements such as storage, computing, and networking that are virtualized to provide a single system for users, reduce data centre complexities, and increase scalability. Virtualized computing (hypervisor), software-defined storage, and virtualized networking comprise converged infrastructure.

Global Converged Infrastructure Market Dynamics

Drivers

• Growing need for simplification and flexibility in data centres

The growth of data centres will anticipate high adoption of converged infrastructure due to its architecture that disrupts the enterprise datacentre by fragmenting its data silos to manage the storage, network, and compute stack with simplicity and flexibility. As a result, increased demand for purpose-built data protection solutions that are integrated with converged infrastructure is gaining traction in data centre industries, which is expected to support market growth.

• Cost efficiency of converged infrastructure is augmenting market growth

Data centre infrastructure is an expensive endeavour for any organisation. Converged infrastructure is gaining popularity because it reduces infrastructure costs by collaborating or integrating commodity hardware with a straightforward operational model. This is a significant factor that is expected to drive the global converged infrastructure market during the forecast period. Furthermore, because of converged infrastructure hardware agnostic approach, commodity hardware is also used to host applications as virtual machines or containers.

Opportunity

Increasing number of IT enterprise innovations, as well as adoption of advanced software and services, will provide various opportunities for the growth of the converged infrastructure market during the forecast period. The rising popularity of infrastructure as a service solutions, server virtualization, and other factors are expected to boost the growth of the converged infrastructure market.

Restraints

High product costs, as well as a lack of public awareness and limited flexibility, are acting as market restraints for the converged infrastructure market during the forecasted period.

This converged infrastructure market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the converged infrastructure market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Converged Infrastructure Market

Lockdowns imposed as a result of COVID-19 have resulted in significant losses for businesses. The outbreak has affected manufacturing, oil and gas, construction, automotive, and transportation. The majority of businesses are reorganising their IT infrastructure and operations. Organizations are also concentrating on data security in their on premise data centres, streamlining the deployment of new workloads, and improving overall business productivity. This has fuelled automation and the adoption of cutting-edge technologies for industry-specific applications such as converged infrastructure systems. Several organisations rely on desktop virtualization environments to access latent demand, reinforce IT infrastructure, and develop business continuity plans for all of their operations. This will increase the adoption of converged infrastructure systems for applications, such as virtualizing critical applications and virtualizing desktop infrastructure. Several leading converged infrastructure players see this crisis as a new opportunity to restructure and revisit their existing strategies and incorporate advanced technologies. Due to the increased use of remote work policies and reliance on the desktop virtualization environment, the growing emphasis on digitalization for improving remote access and strengthening the enterprise mobility framework will drive market growth post-COVID-19.

Recent Development

• In May 2020 HPE announced enhanced HPE SimpliVity 325 Gen 10 HCI with the new 2nd Gen AMD EPYCTM processor. This enhancement aims to enable the remote workforce while also delivering a 50% lower cost per virtual desktop.
• In March 2019 Huawei announced a partnership with Nutanix to provide hardware for Nutanix's HCI solution. This collaboration results in the development of an HCI solution based on the FusionServer 2288H V5, Huawei's 2U dual-socket high-performance server certified by Nutanix.

Global Converged Infrastructure Market Scope

The converged infrastructure market is segmented on the basis of system, type, and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

System

• Integrated Systems
• Certified Reference Systems
• Hyper Converged Systems

Type

• Server
• Storage
• Network
• Software
• Services
• Other

Industry

• Banking Financial Services and Insurance (BFSI)
• Manufacturing,
• Healthcare
• Government and defence
• Energy and Utilities
• Transportation and Logistics
• IT and Telecommunication
• Media and Entertainment
• Retail
• Others

Converged Infrastructure Market Regional Analysis/Insights

The converged infrastructure market is analysed and market size insights and trends are provided by country, system, type, and industry as referenced above.

The countries covered in the converged infrastructure market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America has the largest share of the converged infrastructure market. This dominance in the convergence infrastructure market size is still in place. The reason for witnessing such continued growth in the market is the world's prevalence of sound structure and increasing demand for convergence infrastructure. This demand is still present in a variety of countries and industries.

Asia-Pacific is set to have the highest growth rate in the market and is significantly growing in the forecasted period. The reasons involve investment in technological upgrades in IT sectors. Other factors involved the global covalent outbreak that increased the demand for this interface which in turn has rapidly increased the region's market share.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Converged Infrastructure Market Share Analysis

The converged infrastructure market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to converged infrastructure market.

Some of the major players operating in the converged infrastructure market are:

• Nutanix, Inc. (U.S.)
• Dell Technologies, Inc. (U.S.)
• Cisco Systems, Inc. (U.S.)
• Huawei Technologies Co., Ltd. (China)
• VMware, Inc. (U.S.)
• Hewlett Packard Enterprise Development LP (U.S.)
• Microsoft (U.S.)
• IBM Corporation (U.S.)
• Fujitsu Limited (Japan)
• DataCore Software (U.S.)
• Pivot3, Inc. (U.S.)
• NetApp, Inc. (U.S.)
• Hitachi Vantara LLC (U.S.)
• NEC Corporation of America (NEC Corporation) (Japan)
• Scale Computing (U.S.),