Converged Infrastructure Market - Rising Trends and Research Outlook 2018-2028 | Credence Research

The latest market report published by Credence Research, Inc. “Global Converged Infrastructure Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. The converged infrastructure market worldwide is estimated to expand with a CAGR of 18.6% from 2019 to 2027, starting from US$ 16.5 Bn in 2018—growth of the cloud services market and IT industry to boost the demand for the converged infrastructure market.

The Converged Infrastructure Market refers to a segment of the information technology (IT) industry that focuses on delivering integrated and pre-configured solutions for data center infrastructure. In essence, it combines various IT components, such as servers, storage devices, networking equipment, and virtualization software, into a single, unified system. This approach aims to streamline data center operations, reduce complexity, and enhance overall efficiency.

Converged infrastructure solutions are designed to simplify the deployment and management of IT resources, making it easier for organizations to scale their infrastructure as their needs evolve. These systems typically come with standardized hardware and software components that have been tested and optimized for compatibility, ensuring seamless integration. This reduces the risk of compatibility issues and accelerates the deployment of new applications and services.

The Converged Infrastructure Market has witnessed significant growth in recent years as organizations seek more efficient and cost-effective ways to manage their IT environments. By consolidating resources and automating various aspects of infrastructure management, converged infrastructure solutions help businesses lower operational costs and allocate resources more effectively. Additionally, they provide a foundation for modern technologies like cloud computing, big data analytics, and virtualization.

The growth of the converged infrastructure market worldwide is influenced by several key factors:

Data Center Modernization: Many organizations are looking to modernize their data center infrastructure to keep up with the demands of digital transformation. Converged infrastructure solutions offer a simplified and efficient way to upgrade and optimize data center operations, driving market growth.

Cost Efficiency: Converged infrastructure solutions can reduce capital and operational expenses by consolidating and automating IT resources. Cost savings are a significant driver for organizations looking to maximize the value of their IT investments.

Simplified Management: The integrated nature of converged infrastructure simplifies management and reduces the complexity of IT operations. This appeals to organizations seeking to streamline their IT management processes.

Scalability: Scalability is a critical factor in the growth of converged infrastructure. Organizations can scale their infrastructure easily by adding modular components, making it an attractive option for businesses with fluctuating workloads.

Digital Transformation: As businesses increasingly rely on digital technologies, the need for agile and responsive IT infrastructure grows. Converged infrastructure enables organizations to adapt quickly to changing business requirements, supporting their digital transformation initiatives.

Browse 224 pages report Converged Infrastructure Market By Component (Server, Storage, Network, Services, Software), By Architecture Type (Pre-configured, Customized), By End-use (Telecommunication And IT, Manufacturing, Healthcare) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027 - https://www.credenceresearch.com/report/converged-infrastructure-market

Below are some of the major challenges and risks:

High Initial Costs: Deploying converged infrastructure can require a significant upfront investment. Organizations need to purchase the integrated hardware and software, and they may also need to invest in training for IT staff to ensure they have the necessary skills to manage the new system.

Vendor Lock-In: Many converged infrastructure solutions are provided by a single vendor, which can lead to vendor lock-in. This can make it difficult and costly for organizations to switch to a different vendor or solution in the future.

Integration Challenges: While converged infrastructure is designed to be integrated, organizations may still face challenges integrating it with their existing systems and applications, especially if they have a complex IT environment.

Limited Customization: Converged infrastructure solutions are often pre-configured and optimized for specific workloads, which can limit the ability of organizations to customize the system to meet their unique needs.

Scalability Concerns: Some converged infrastructure solutions may not be as easily scalable as traditional infrastructure, which could be a concern for organizations that experience rapid growth or have fluctuating workloads.

List of the prominent players in the Converged Infrastructure Market:

·         Nutanix, Inc.

·         Hitachi Data Systems

·         Oracle Corporation

·         IBM Corporation

·         Hewlett-Packard Enterprise

·         Cisco System, Inc.

·         VMware Inc.

·         Dell EMC.

·         Scale Computing

Why to Buy This Report-

·         The report provides a qualitative as well as quantitative analysis of the global Converged Infrastructure Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

·         The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

·         Major nations in each region with their import/export statistics

·         The global Converged Infrastructure Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.

Browse Full Report: https://www.credenceresearch.com/report/converged-infrastructure-market

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