A new Transparency Market Research report states that the global
converged infrastructure solutions and services market is predicted
to reach US$50.5 bn by 2022. It is predicted to expand at a
remarkable CAGR of 28.9% from 2015 to 2022. The title of the report
is “Converged Infrastructure Solutions and Services Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 –
2022.”
According to the report, the rising adoption of bandwidth utilization
and cloud within data centers is propelling the growth of the market.
In addition, the rising requirement for lowering costs, business
acceleration, risk minimization, and IT simplification is amongst the
chief factors stimulating the growth of the market for converged
infrastructure solutions and services. On the other hand, as per the
report, the rising budgetary pressures owing to economic instability
within a number of nations may impede the growth of the market in
forthcoming years.
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In terms of architecture type, the report segments the market into
custom-built and preconfigured converged infrastructure solutions and
services. Amongst these, in 2014, the segment of custom-built
converged infrastructure solutions and services held the largest
share of about 70% in the market. On the basis of component, the
market is segmented into converged infrastructure management
software, services, support and consulting, integration and
implementation, operation and maintenance, and converged
infrastructure appliance. Amongst these, the segment of converged
infrastructure services led the market with a share of approximately
59%.
In terms of end use, the report segments the market into retail,
manufacturing, IT and telecom, the public sector, banking, financial
services, and insurance (BFSI), and others including educational
institutions and healthcare. Amongst these, in 2014, the segment of
IT and telecom emerged as the largest segment, constituting a share
of about 33% in the market.
The report segments the market on the basis of geography into Europe,
North America, Asia Pacific, the Middle East and Africa, and Latin
America. Amongst these, North America held the largest share of
approximately 46% in the market in 2014. This is due to the fact that
within North America, the majority of IT organizations have replaced
conventional data centers with converged data centers in order to
increase the scalability and efficiency of their operations. On the
other hand, Asia Pacific is predicted to be the most swiftly
developing region in the market for converged infrastructure
solutions and services and is predicted to rise at a whopping 32.9%
CAGR from 2015 to 2022.
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As stated in the report, the prime players dominant in the market are
Cisco System, Inc., Hewlett-Packard Company, EMC Corporation,
SimpliVity Company, Dell, Inc., Nutanix, Inc., Oracle Corporation,
VCE Company, IBM Corporation, and Hitachi Data Systems (Hitachi,
Ltd.), among others.
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company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
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Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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