Converged Infrastructure Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2019 to 2027

According to a new market research report published by Credence Research “Converged Infrastructure Market – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, the overall converged infrastructure market worldwide was valued at US$ 16.5 Bn in 2018 and is set to grow with a CAGR of 18.6% during the forecast period.

Market Insights

Growing IT industry and business acceleration through cloud services are the major growth factors for the converged infrastructure market. In 2018, the IT industry was estimated at around US$ 4.90 Tn. Corporates are expanding their IT infrastructure by shifting the entire IT infrastructure to the cloud, which is helping the market growth. The demand for the market is on the rise due to the presence of all components such as software, services, networking, and others. The ability to modify the software with the help of storage-class memory and non-volatile memory express are some of the major factors driving the market growth. Therefore, the converged infrastructure market is expected to show huge growth during the forecast period.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/converged-infrastructure-market

Based on end-use, the market is segmented into BFSI, IT & telecommunication, manufacturing, and healthcare. IT and telecommunication segment led the market in 2018 backed by manufacturing industry with market revenue share contribution of more than 32% in the same year. The IT & telecommunication industry is growing with a significant growth rate of nearly 5.5% in years to come. Due to growing demand for big data along with requirement of high volume storage space is giving a boost to the segment. The rising need for customized and sophisticated storage services is another factor for segment growth. Thus, we presume that the segment will show major growth throughout the forecast period.

Based on geography, North America was the major value contributor in 2018. North America has nearly 35% revenue share contribution in the same year. Established IT & telecommunication industry and early technological adoption are the major reasons for the dominance of North America. On the other flip, the Asia Pacific region is the fastest-growing region in the converged infrastructure market during the forecast period. Asia Pacific will show fastest growth due to the growing IT & telecommunication industry and rising manufacturing & healthcare industry in the region.  Growing government investments in the region for IT industry is one of the major factor driving the growth of Asia Pacific. China and India will be the major contributor in the Asia Pacific market growth.

Some of the major companies profiled in the report include Nutanix, Inc., Hitachi Data Systems, Oracle Corporation, IBM Corporation, Hewlett-Packard Enterprise, Cisco System, Inc., VMware Inc., Dell EMC., Scale Computing, and NetApp, Inc. among others.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/60098

Market Segmentation

By Component Type

 • Server

 • Storage

 • Network

 • Services

 • Software

By Architecture Type

 • Pre-configured

 • Customized

By End-use Type

 • BFSI

 • Telecommunication and IT

 • Manufacturing

 • Healthcare

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/60098

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