DUBLIN, January 21, 2022--(BUSINESS WIRE)--The "Global Hyperconverged Infrastructure Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global market for hyperconverged infrastructure is expected to grow at a CAGR of 23.73% during the forecasted period from 2021 to 2028.
Several developing countries have witnessed a rapid rise in internet penetration over the past few years, owing to the increase in the number of mobile devices. Moreover, the growing digitization initiatives have increased the demand for connected devices. This has resulted in an increase in the number of data centers, thereby driving the growth of the hyperconverged infrastructure market.
However, issues with cloud compatibility, scalability problems, and added costs of power distribution redesigning in existing facilities have hindered the global market's growth.
The global hyperconverged infrastructure market encompasses the regions of North America, the Asia-Pacific, Latin America, Europe, and the Middle East and Africa.
The Asia-Pacific is estimated to become the fastest-growing region in the hyperconverged infrastructure market. The region's strong growth can be attributed to the ever-increasing hybrid cloud deployments and increase in the number of mission-critical applications' virtualization. Other than this, the increase in data centers, especially among SMEs, is likely to fuel the market's growth over the forecast period.
Additionally, the increase in digital innovation is playing a pivotal role in stimulating the acceptance of HCI, AI, and cybersecurity across various industries. This will fuel the development of the hyperconverged infrastructure market across the region's nations, including India and China.
Rise in the Number of Data Centres
Rise in Demand for Data Protection and Disaster Recovery
Increase in Demand from Virtual Desktop Infrastructure
Cost Savings Due to Hyperconverged Infrastructure
Issues With Cloud Compatibility
Problems With Scalability
Added Costs of Power Distribution Redesigning Within Existing Facility
Increased Data Center Infrastructure Investments
Rise in Edge Data Investments Due to 5G Rollouts
Dell Technologies Inc
Hewlett Packard Enterprise
For more information about this report visit https://www.researchandmarkets.com/r/90x2mq
View source version on businesswire.com: https://www.businesswire.com/news/home/20220121005246/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900