Global Converged Data Center Infrastructure Market growing at a CAGR of 12.6% from 2023 to 2030

Category : Semiconductor And Electronics | Published Date : Aug 2023 | Type : Press Release

Key Market Overview

The Global Converged Data Center Infrastructure Market was valued at USD 10,691.82 Million in 2022 and is expected to register a compound annual growth rate of 12.6% to reach USD 26,866.13 Million in 2030.

The report highlights the increasing adoption of converged data center infrastructure in retail & e-commerce, BFSI, media & entertainment, and other industries. Consegic Business Intelligence provides an inclusive research report on the Converged Data Center Infrastructure market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.

Global Converged Data Center Infrastructure Market By Overview

Global Converged Data Center Infrastructure Market

The report analyses significant segments such as type, mode of deployment, end user, and region, to identify emerging trends and potential opportunities. The end user segment is expected to grow due to increasing data storage and processing demand; flexibility and scalability; network and connectivity, and others. Moreover, the deployment of data centers for efficient functioning of businesses is expected to drive the market growth during the forecast period.

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Market Dynamics

Driver:

 

  • Increasing demand for cost-effective IT infrastructure is promoting the market growth
  • Growing demand for reduced operational complexities by adopting single vendor approach is fueling the market growth

 

Restraints:

  • Complexities arising due to hardware and software compatibility is restraining the market growth
  • Concerns associated with data security and privacy tends to hinder the market growth

Market Segmentation:

Report Attributes Report Details
By Type Reference Architecture and Pre-Racked Configuration
By Mode of Deployment On-Premises and Collocated Data Center
By End-User Retail & E-commerce, Energy & Utilities, Transportation, BFSI, IT & telecommunication, and Others
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The global converged data center infrastructure market is highly competitive due to the presence of major players such as Dell EMC, Cisco Systems, Hewlett Packard Enterprise, Hitachi Energy, IBM Corporation, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in converged data center infrastructure market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.

  • Nutanix
  • Dell EMC
  • Cisco Systems
  • Hewlett Packard Enterprise
  • Hitachi Energy
  • IBM Corporation
  • NetApp Inc.
  • Oracle Corporation
  • Microsoft
  • VMware
  • Lenovo
  • Riverbed Technology
  • Fujitsu
  • StarWind