According to a research report "Hyper-Converged Infrastructure (HCI) market size is expected to reach USD 27.1 billion by 2025, from USD 7.8 billion in 2020 and growing at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period” published by MarketsandMarkets. the global HCI market size is expected to grow from USD 7.8 billion in 2020 to USD 27.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. HCI enables a highly scalable approach, wherein data center functions are pooled onto commodity hardware and are shared between virtual machines running on any host in the cluster. This approach provides agile deployment of virtualized workloads, reduction of data center complexity, and improved operational efficiency.
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The software segment to grow at a higher CAGR
during the forecast period
The software component of
HCI comprises a hypervisor, software-defined storage solution, and unified
management console. The tightly integrated HCI software layer enables the
execution of key data center functions, which improves the performance in
production environments and address the capacity and performance challenges of
business. The hypervisor is a critical component used in the HCI solutions as
it provides virtualization and abstraction of the underlying hardware. The
software-defined storage solutions ensure application performance, data availability,
and flexible scalability. The unified management interface simplifies
monitoring and maintaining the infrastructure.
The backup/recovery/disaster recovery
application to grow at the highest CAGR during the forecast period
Datacenter outages may result in
substantial losses for organizations. Disaster recovery is typically part of a
wider strategy of business continuity. To ensure business continuity,
organizations are increasingly switching from traditional backups to
virtualized backups of a single VM/application. They are deploying HCI
solutions for backup/recovery/disaster recovery applications.
Backup/recovery/disaster recovery is implemented on HCI by replicating each VM
to a backup server. In case of a VM failure, a system administrator can restore
the backup instantly. This brings up all the critical business services and
allows business operations to continue. This advantage of HCI is expected to
fuel its demand over the forecast years.
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North
America to dominate the HCI market during the forecast period
The
global HCI market by region covers 5 major regions: North America, Europe, Asia
Pacific (APAC), Middle East, and Africa (MEA), and Latin America. North America
is estimated to hold the largest market size in 2020, owing to the presence of
several vendors and considerable investments in adopting HCI solutions in the
region. The HCI market in APAC is expected to grow at the highest CAGR during
the forecast period, due to the rapid developments of the required
infrastructure and the increasing need to adopt innovative technologies.
The
report also studies various growth strategies, such as mergers and
acquisitions, partnerships and collaborations, and developments adopted by the
major players to expand their presence in the market. Major vendors in the HCI
market include Dell EMC (US), Nutanix (US), Cisco Systems (US), HPE (US),
Huawei (China), NetApp (US), VMware (US), Pivot3 (US), Scale Computing (US),
Startoscale (US), DataCore (US), Maxta (US), Microsoft (US), HiveIO (US),
Supermicro (US), Hitachi Vantara (US), Diamanti (US), Lenovo (China), NEC
Corporation (Japan), Riverbed Technology (US), IBM (US), Fujitsu (Japan),
StarWind (US), Sangfor Technologies (China), and StorMagic (UK).
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