Press Release / Technology / Converged Data Center Infrastructure Market 2019 Analysis, Growth, Trends, Opportunities and Forecast To 2023

Converged Data Center Infrastructure Market 2019 Analysis, Growth, Trends, Opportunities and Forecast To 2023

Converged Data Center Infrastructure Market - Highlights
The global converged data center infrastructure market is likely to soar at a CAGR of 23% during the forecast period (2018-2023), finds Market Research Future (MRFR) in its recent study. The market is expected to reach a valuation of USD 24.11 Bn towards the end of the assessment period. Converged infrastructure technology is finding widespread application in IT infrastructure, which include storage units, servers, management software, network functions, network orchestration and visualization. Moreover, the emergence of ‘hyperconverged infrastructure’ is likely to create lucrative opportunities for market players in the coming years.
There are several benefits of converged data center infrastructure such as lower infrastructure costs, reduced service downtime, and lower IT expenditure on support and maintenance. This is boosting its adoption in various types of industries and enterprises. At the same time, businesses are utilizing converged infrastructure to tackle the issues of hardware configuration and compatibility. In many enterprises, it is used for simplifying network management, which in turn allows faster time-to-value.
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Enterprises are increasingly focusing on building agile and efficient data centers, which is reflecting favourably on the global converged data center infrastructure. Furthermore, growing deployment of software-defined networking is partly influencing the demand for converged data center infrastructure. Popularity of converged data center infrastructure will continue to grow in the foreseeable future as it facilitates application on minimum labor and higher operational efficiency. 
Converged Data Center Infrastructure Market: Competitive Landscape
Key companies operating in the global converged data center infrastructure market include Dell EMC (US), Hewlett Packard Enterprise Company (US), IBM Corporation (US), Oracle Corporation (US), WS Atkins PLC (UK), Hitachi Ltd (Japan), Nutanix Inc (US), Mellanox Technologies Ltd (Israel), Cisco Systems Inc (US), NetApp Inc (US), SecureKey Technologies Inc (US), Stratoscale (Israel), Parallel Wireless Inc (US), Six Degrees Group (UK), BTI Systems (Canada), Nectar Services (US), Kinetica DB Inc (US), nuPSYS Inc (US), Pivot3 (US) and MapR (US).
Converged Data Center Infrastructure Market: Segmental Analysis
This report also includes a thorough segmental analysis of the converged data center infrastructure market based on component, deployment, facility, end-user and region.
Based on component, the market has been segmented into networking devices, storage devices, and computational devices. The networking devices segment is further sub-segmented into gateways, switches, routers and others. The storage devices segment is further sub-segmented into hybrid array and flash. On the basis of deployment, the market has been segmented into pre-racked configuration and reference architecture. Based on facility, the market has been segmented into collocated data center and on-premise. Based on end-user, the market has been segmented into IT & telecommunication, BFSI, retail & e-commerce, transportation, energy & utilities and others.
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Global Converged Data Center Infrastructure Market: Regional Analysis
This report covers key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).  North America is a highly lucrative market for converged data center infrastructure. Some of the factors that can be attributed to the growth of the market in the region include rising number of data-centers and growing popularity of software-based networking. Moreover, the US is home to a large number of companies who have expertise in converged infrastructure. Apart from North America, regions such as the Middle East and Asia Pacific are also likely to present attractive growth opportunities to market participants. This is primarily owing to increased focus on improving IT infrastructure and construction of data centers in many of the countries in these regions. Demand for converged infrastructure is rising in these countries with the steady increase in data centers.
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