The global converged data center infrastructure market was valued at USD 7.21 billion in 2017 and is expected to reach USD 24.11 billion by the end of the forecast period with a CAGR of 23%.
The converged infrastructure technology is widely used now-a-days to integrate the different constituents of an IT infrastructure including servers, storage units, network orchestration and virtualization, management software, and network functions. a new and advanced technology, ‘hyperconverged infrastructure’ based on converged infrastructure integrates all the functions of converged infrastructure in a scalable form to simplify management and improve data center performance. Converged data center infrastructure has several benefits such as reduced infrastructure costs, reduced IT spending on maintenance and support, and lower server downtime that make its adoption in enterprises, and industries cost -effective, agile and efficient. One of the major use-case of converged infrastructure is to minimize the issues concerning compatibility of different hardware configuration. In addition, the converged infrastructure solution is also used to simplify network management to deliver fast time-to-value.
The major factors driving the Converged Data Center Infrastructure Market is the growing demand in enterprises to build agile, and efficient data centers, and growing deployment of software-defined networking. The major purpose of converged data center is to reduce the manual labor and skills required to operate a data center. However, an entire data center cannot be fully converged, as the users of data center purchase a converged component for specific applications. On the other hand, the increased awareness and adoption of hyper-converged data center infrastructure is posing challenges for the converged data center infrastructure market. Although, the working concept of both technologies is similar, the hyperconverged data center infrastructure is more focused towards the software-defined networking.
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The growth restraints of the market are anticipated to be momentous and will need to be neutralized to unlock favorable development in the market. The unsteadiness in the forces of demand and supply is expected to produce an advantageous bearing on the market taken as a whole in the forecast period. The declining effects evident in the market globally are anticipated to stay for the foreseeable future to the scale of impact on the worldwide market. The necessity for tactful analysis of the market cues and demand projections is anticipated to lead to a robust expansion in the market. The restitution and operations on a daily basis are anticipated to take some time, which will show the way to concentrated development of the backlogs created in delivery. The financial backing provided by the administrations and trade bodies is anticipated to reclaim the situation in the approaching years. The conundrum present in the global market relating to the fundamental assets of the corporations is being optimized to fair the existing pandemic more successfully.
The prolific contenders in the Converged Data Center Infrastructure Market are Hitachi Ltd (Japan), Parallel Wireless Inc (US), Nectar Services (US), Six Degrees Group (UK), MapR (US), SecureKey Technologies Inc (US), Kinetica DB Inc (US), NetApp Inc (US), Oracle Corporation (US), Pivot3 (US), Nutanix Inc (US), Stratoscale (Israel), Mellanox Technologies Ltd (Israel), WS Atkins PLC (UK), Dell EMC (US), Cisco Systems Inc (US), BTI Systems (Canada), nuPSYS Inc (US), and others.
Converged Data Center Infrastructure Market – Segmentation
The segmental evaluation of the converged data center infrastructure market is conducted on the basis of end-users, deployment, facility, component, and region. By the deployment basis, the market is segmented into pre-racked configuration and reference architecture. By facility basis, the market is bifurcated into collocated data center and on premise. Based on the end-user, the market is segmented into retail & e-commerce, energy & utilities, transportation, BFSI, IT & telecommunication, and others. On the component basis, the market is segmented into, storage devices, computational devices and networking devices. On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the regions in the world.
Global Converged Data Center Infrastructure Market – Regional Analysis
The regional scrutiny of the converged data center infrastructure market is segmented into North America, Europe, Asia-Pacific, and rest of the regions in the world. The regional markets of Asia-Pacific and the Middle East are among the quickest growing regions due to the profound development rate in nations like India, China, and Africa among the prospective nations to accept data centers in a fully-fledged manner. As the capacity of data centers rises, the request for converged and hyper-converged infrastructure also intensifies. Throughout the forecast period, The North American region is anticipated to govern the converged data center infrastructure market. The paramount appealing factor for the astonishing development in the region of North America is the advanced practice of software-based networking by different enterprises for alert, and effective data networking and established quantity of data centers.
- Application developers
- System integrators
- Industrial networking solution providers
- Infrastructure service providers
- Network solution providers
- Network administrators
- Network operators
- Managed service providers
- Network solution providers
- Network testing service providers
- Application design and software developers
- Consultancy firms and advisory firms
- Technology consultants
- Network solution distributors
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