Market Synopsis:
The valuation of the global converged data center infrastructure market, as per the study circulated by Market Research Future (MRFR), is expected to grow from USD 7.21 Bn in 2017 to USD 24.11 Bn by 2023. The market is estimated to register a CAGR of 23% across the assessment period 2018 to 2023.
Converged data center infrastructure facilitates the reduction of IT soundings of an organization by lowering maintenance and support costs. This, in turn, is expected to accelerate the growth of the market in the forthcoming years. It also helps in reducing server downtime, which has accelerated its adoption in recent years. The technology is likely to gain further traction over the next few years, thus, expediting the growth of the converged data center infrastructure market in the years to come. However, increasing adoption of hyper converged data center infrastructure can pose a challenge to market players over the next few years.
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Competitive Dashboard:
Nutanix Inc (US), Cisco Systems Inc (US), Dell EMC (US), Hewlett Packard Enterprise Company (US), IBM Corporation (US), Hitachi Ltd (Japan), NetApp Inc (US), Mellanox Technologies Ltd (Israel), Oracle Corporation (US), and WS Atkins PLC (UK) are some of the prominent players of the global converged data center infrastructure market. These players are expected to contribute significantly to the development of the market over the next couple of years. Other players assessed to add 30–35 % of the revenues of the market are MapR (US), Kinetica DB Inc (US), SecureKey Technologies Inc (US), Pivot3 (US), BTI Systems (Canada), Stratoscale (Israel), Parallel Wireless Inc (US), Nectar Services (US), nuPSYS Inc (US), and Six Degrees Group (UK). Some of the standard growth strategies devised by these players for strengthening their footholds in the converged data center infrastructure market are collaborations, technological innovations, mergers & acquisitions, product development, competitive pricing policies, research & development, agreements, etc
Market Segmentation:
On the basis of deployment, the global converged data center infrastructure market has been bifurcated into pre-racked configuration and reference architecture.
Based on component, the converged data center infrastructure market has been segmented into storage devices, computational devices, and networking devices. The storage devices segment has been further sub-divided into flash and hybrid array. The networking devices segment has been sub-segmented into switches, routers, gateways, and others.
On the basis of facility, the global converged data center infrastructure market has been divided into on-premise, and collocated data center.
Based on end-user, the converged data center infrastructure market has been segmented into IT & telecommunication, BFSI, retail & e-commerce, transportation, energy & utilities, and others.
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Regional Analysis:
A detailed geographical analysis of the converged data center infrastructure market on regional and country-level basis has been offered in this MRFR report which includes North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW) (including Africa, the Middle East, and Latin America). North America, being the pioneer of technological innovations, is expected to lead the growth of the global market over the next couple of years. The rising use of software-based networking for efficient data networking is expected to boost the expansion of the converged data center infrastructure market in the region over the next few years. In addition, the increasing number of data centers is poised to unleash immense developmental opportunities for the market players in the years to come. The presence of leading market leaders in the U.S. is projected to drive the growth of the regional converged data center infrastructure market in the forthcoming years.
Asia Pacific is one of the fastest growing regional segments of the global market. Rapid developments in the data center construction in the region are projected to expedite the growth pace of the regional market over the next couple of years. The Middle East & Africa is also anticipated to exhibit a similar growth pattern over the review period.
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