The latest market report published by Credence Research, Inc. “Global Converged Infrastructure Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. The converged infrastructure market worldwide is estimated to expand with a CAGR of 18.6% from 2019 to 2027, starting from US$ 16.5 Bn in 2018—growth of the cloud services market and IT industry to boost the demand for the converged infrastructure market.
The Converged Infrastructure Market refers to a segment of the information technology (IT) industry that focuses on delivering integrated and pre-configured solutions for data center infrastructure. In essence, it combines various IT components, such as servers, storage devices, networking equipment, and virtualization software, into a single, unified system. This approach aims to streamline data center operations, reduce complexity, and enhance overall efficiency.
Converged infrastructure solutions are designed to simplify the deployment and management of IT resources, making it easier for organizations to scale their infrastructure as their needs evolve. These systems typically come with standardized hardware and software components that have been tested and optimized for compatibility, ensuring seamless integration. This reduces the risk of compatibility issues and accelerates the deployment of new applications and services.
The Converged Infrastructure Market has witnessed significant growth in recent years as organizations seek more efficient and cost-effective ways to manage their IT environments. By consolidating resources and automating various aspects of infrastructure management, converged infrastructure solutions help businesses lower operational costs and allocate resources more effectively. Additionally, they provide a foundation for modern technologies like cloud computing, big data analytics, and virtualization.
Converged Infrastructure Market Segment Insights
Converged Infrastructure Market refers to the segment of the technology industry that deals with integrated systems designed for efficient data management and storage. These infrastructures bring together servers, storage devices, networking components, and software into a unified solution, leading to enhanced scalability and simplified IT operations. The market is driven by the increasing need for organizations to optimize their resource utilization while reducing costs associated with managing complex infrastructure environments. Converged Infrastructure solutions offer streamlined deployment processes, improved performance capabilities, and reduced maintenance requirements.
As businesses strive for agility in responding to ever-evolving technological demands, this market segment continues to thrive due to its ability to provide comprehensive solutions tailored specifically for varied organizational needs across different industries. Additionally, the convergence of technologies such as virtualization and cloud computing has fueled further growth in this market segment as organizations seek flexible and scalable infrastructure options. With ongoing advancements in artificial intelligence and machine learning applications within the technology landscape, Converged Infrastructure Market holds immense potential in enabling enterprises to achieve greater operational efficiency while adapting swiftly to changing business landscapes.
Browse 224 pages report Converged Infrastructure Market By Component (Server, Storage, Network, Services, Software), By Architecture Type (Pre-configured, Customized), By End-use (Telecommunication And IT, Manufacturing, Healthcare) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027 - https://www.credenceresearch.com/report/converged-infrastructure-market
List of the prominent players in the Converged Infrastructure Market:
· Nutanix, Inc.
· Hitachi Data Systems
· Oracle Corporation
· IBM Corporation
· Hewlett-Packard Enterprise
· Cisco System, Inc.
· VMware Inc.
· Dell EMC.
· Scale Computing
The converged infrastructure market is a dynamic sector that has been experiencing growth across various regions. Converged infrastructure refers to the integration of compute, storage, networking, and virtualization resources into a single, pre-configured and optimized solution. This approach helps organizations streamline their IT infrastructure management, reduce complexity, and improve overall efficiency. Here's a regional analysis of the converged infrastructure market:
North America: North America has been a leading market for converged infrastructure solutions. The United States, in particular, has witnessed significant adoption due to the presence of a large number of enterprises and data centers. The region's focus on technological innovation, coupled with the need for scalable and efficient IT infrastructure, has driven the demand for converged solutions.
Europe: Europe is another prominent market for converged infrastructure, with countries like the United Kingdom, Germany, and France leading the way. The European market is characterized by a growing awareness of the benefits of converged infrastructure in reducing operational costs and enhancing agility. Data privacy and security concerns have also led to increased investment in converged solutions.
Asia-Pacific: The Asia-Pacific region has been experiencing rapid growth in the converged infrastructure market. Emerging economies like China and India are witnessing a surge in demand for data center infrastructure, cloud computing, and digital transformation initiatives. As a result, vendors offering converged solutions have expanded their presence in this region to cater to the growing market.
Latin America: Latin America has shown increasing interest in converged infrastructure, driven by the need for modernizing IT infrastructure in various industries. Brazil, Mexico, and Argentina are some of the key countries where adoption is on the rise. Economic growth and the expansion of data-intensive applications are contributing to the growth of converged infrastructure solutions in the region.
Middle East and Africa: The Middle East and Africa are emerging markets for converged infrastructure. Organizations in this region are recognizing the value of converged solutions in improving business continuity and enhancing IT performance. As digitalization efforts gain momentum, there is a growing demand for integrated infrastructure solutions in countries like the United Arab Emirates, South Africa, and Saudi Arabia.
Why to Buy This Report-
· The report provides a qualitative as well as quantitative analysis of the global Converged Infrastructure Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
· The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
· Major nations in each region with their import/export statistics
· The global Converged Infrastructure Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.
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