The global Converged Infrastructure Management Market is expected to grow from its estimated USD 12.20 billion in 2023 to USD 112.54 billion by the end of 2032, according to a report released by Zion Market Research. Over the course of the projected period, the market is anticipated to increase at a CAGR of 28%. The growth factors, barriers, and effects on demand for the global converged infrastructure management market are examined in this report’s analysis over the forecast period. Additionally, it will aid in navigating and investigating the prospects that are present in the labeling equipment market sector.

Converged Infrastructure Management Market: Overview

The converged infrastructure functions by combining several information technology components into a single, well-optimized package. Data storage devices, servers, networking equipment, and software for orchestration, management, and automation of IT infrastructure are among the several components that are included.

Throughout the forecast period, the market is anticipated to gain from the growing desire to advance data centers with the aid of converged infrastructure. The industry’s major players are concentrating on building convergent infrastructure to expand their commercial reach, which will help the sector throughout the evaluation phase. The market for hyper-converged infrastructure is growing as a result of the growing need for data centers to be modernized and businesses to grow more quickly with the aid of these systems.

Converged Infrastructure Management Market: Growth Factors

The aging of traditional data centers, the need to improve data security, the need to lower IT costs, and the efficiency with which IT operates are the main factors propelling the market for integrated infrastructure management. The market is expanding because cloud-based convergent infrastructure solutions have given businesses more opportunities, which is driving up demand. Penalties for data breaches are included in the pricing for both individuals and businesses. Hyper-converged solutions use certain component applications to lower the risk of data security breaches. A high-security AMD processor package with security features that reduce security concerns is also included.

By offering a more straightforward route to the cloud, converged infrastructure facilitates advancements in the services offered by the company. Limited flexibility, high cost, and a lack of awareness regarding converged infrastructure management solutions are the reasons that will prevent the converged infrastructure management industry from growing.

Converged Infrastructure Management Market: Segmentation

The convergent infrastructure management market is divided into many types and verticals on a global scale.

The global market is divided into four segments based on the type of system: reference architecture integrated systems, workload integrated systems, fabric architecture integrated systems, and infrastructure component integrated systems.

The market is divided into manufacturing, retail, healthcare, telecommunications and IT, defense and government, logistics and transportation, BFSI, energy and utilities, and others based on the verticals.

During the course of the projection period, the virtual desktop infrastructure category is anticipated to hold a significant market share in the hyper-converged infrastructure space. This is mostly due to new trends like Bring Your Device (BYOD) and an increase in people working from home from far-off places.

2023 will see the largest percentage held by the banking, financial services, and insurance (BFSI) industry. The banking and insurance industries’ growing need for data protection and storage is the main cause of this.

Converged Infrastructure Management Market: Regional Analysis

The converged infrastructure management market is diverse in a number of regions, including North America, Latin America, Eastern and Western Europe, and the Middle East and Africa. North America is currently leading the convergent infrastructure management industry. This is due to a number of causes, including the growing use of cloud platforms and the developments in this field of technology.

The main reason for this is because major businesses like Dell Technologies, Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Company, and others are present. Additionally, rising investment in the creation and modernization of data center infrastructure in this region contributes to the market’s growth. The expansion of the industry has been fueled by this increase in data center infrastructure throughout North America.

Due to the growing adoption of innovative technologies and the acceleration of digitalization in developing countries like China and India, the Asia Pacific region is expected to witness considerable growth in the convergent infrastructure management market in the years to come. Due to rising investment from major businesses and an increase in digital start-ups in Brazil, South America is anticipated to grow significantly over the projection period.

Converged Infrastructure Management Market: Competitive Analysis

The global converged infrastructure management market is dominated by players like:

• Dell Inc
• Hitachi Data Systems Co
• HP Enterprises
• Melillo Consulting
• CTC Global Ltd
• CA Technologies
• Conres IT Sol
• Egenera Inc
• IBM Corporation
• Avnet Inc
• NetApp
• Cisco Systems Inc
• ACS
• MTI

The global converged infrastructure management market is segmented as follows:

Converged Infrastructure Management Market: Type Segment Analysis

• Fabric Architecture Integrated into System
• Workload Integrated System
• Reference Architecture Integrated Systems
• Infrastructure Component Integrated into System

Converged Infrastructure Management Market: Vertical Segment Analysis

• Manufacturing
• Defense and Government
• Retail
• Healthcare
• Telecommunications and IT
• Logistics and Transportation
• BFSI
• Energy and Utilities
• Other

Converged Infrastructure Management Market: Regional Segment Analysis

• North America U.S.
• Europe UK France Germany
• Asia Pacific China Japan India
• Latin America Brazil
• The Middle East and Africa

To have a deeper insight of the market overall, the worldwide market research study examines five important regions. The research offers valuable insights to the end user regarding current industry use cases, market trends, opportunities, and the future potential and technological capabilities of available solutions. Major investments and other market-influencing elements are also taken into account when researching the market.

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