Valued to be $26 Billion by 2026, Hyper-Converged Infrastructure Slated for Robust Growth Worldwide
SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hyper-Converged Infrastructure - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 1651
Companies: 38 - Players covered include Cisco Systems, Inc.; Maxta, Inc.; Nutanix, Inc.; Pivot3, Inc.; Scale Computing; Vmware, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Data Center Consolidation, Virtual Desktop Infrastructure, Virtualizing Critical Applications, ROBO, Backup/Recovery/Disaster Recovery, Other Applications); Component (Hardware, Software)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Hyper-Converged Infrastructure Market to Reach $26 Billion by 2026
Amid the COVID-19 crisis, the global market for Hyper-Converged Infrastructure estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$26 Billion by 2026, growing at a CAGR of 30.1% over the analysis period. Hardware, one of the segments analyzed in the report, is projected to record a 29% CAGR and reach US$24 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 33.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion in 2021, While China is Forecast to Reach $4.5 Billion by 2026
The Hyper-Converged Infrastructure market in the U.S. is estimated at US$2.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2026 trailing a CAGR of 29.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.9% and 25.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.2% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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SOURCE Global Industry Analysts, Inc.
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