Global Converged Data Center Infrastructure Market Overview:
Converged Data Center Infrastructure Market Size was valued at USD 5.5 Billion in 2023. The Converged Data Center Infrastructure Market industry is projected to grow from USD 6.7 Billion in 2024 to USD 28.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 19.90% during the forecast period (2024 - 2032). Reduced deployment time and increased operating efficiency are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Converged Data Center Infrastructure Market Trends
The increasing implementation of HCI services such as disaster recovery and data security is driving the market CAGR upward. Furthermore, the rising popularity of digital technology platforms such as social networking and knowledge platforms has increased demand for HI. According to an IBM Corporation analysis published in 2020, the total average cost of a data security breach was reported to be USD 3.86 million per breach. Personal and business penalties for data breaches are included in the fee. With the help of specific component applications, hyper-converged solutions are utilized to lessen the risk of data security breaches. It also comes with a high-security AMD processor package with security features that help to reduce security concerns.
The use of IoT in numerous industries such as automotive, manufacturing, retail, transportation, and energy has been studied to drive the industry. IoT is used in various industries because it delivers real-time information, increases operational efficiency, optimizes production, and provides other benefits that enhance the industry's efficiency while also acting as a driving factor for the Hyper-Converged Infrastructure market. According to G.E, the use of Industrial IoT has a 44% impact on worldwide energy usage. As a result, the use of IoT in industries is expected to be a driving factor in the Hyper-Converged Infrastructure market during the projected period 2022-2027.
The market is growing as a result of rising digital transformation in data centres adopting HI solutions. Using the compute storage network, the solutions are used for data centre modernization and consolidation. It establishes a software-defined virtualized environment that makes scaling up and down data centre capabilities easy. The solutions aid in improving performance and lowering operational costs. Rising investment in data centre infrastructure development is likely to create market growth opportunities. For instance, In September 2021, Techno Electric and Engineering Company (TEECL) Power Infrastructure Company announced a USD 1 billion investment to build modern data centres in major Indian cities.
Converged Data Center Infrastructure Market Segment Insights:
Converged Data Center Infrastructure Deployment Insights
The Converged Data Center Infrastructure Market segmentation, based on Deployment includes reference architecture, pre-racked configuration. The pre-racked configuration segment has the biggest market share. This is owing to the advantages of pre-racked infrastructure, such as faster deployment, greater scalability, and lower operational expenses. Pre-racked infrastructure also allows firms to focus on other key business operations while quickly deploying IT infrastructure. As a result, there is a growing demand for pre-racked infrastructure across a variety of businesses.
Converged Data Center Infrastructure Component Insights
The Converged Data Center Infrastructure Market segmentation, based on Component, includes computational devices, storage devices, networking devices. The converged data centre infrastructure market is dominated by networking devices segment. This is due to the growing demand for high-speed data transport and the requirement for improved network connectivity across a wide range of businesses. Switches, routers, and gateways assist enterprises in managing and optimizing their network infrastructure, resulting in greater performance and less downtime.
Converged Data Center Infrastructure Facility Insights
The global Converged Data Centre Infrastructure Market is divided into two facilities: on-premise and colocated data centres. The segment of cocolated data centres is the fastest expanding in the converged data centre infrastructure market. This is owing to the advantages of cocolated data centres, which include increased scalability, lower energy consumption, and better performance. Cocolated data centres also assist businesses in lowering their carbon footprint and complying with environmental requirements.
Figure1: Converged Data Center Infrastructure Market, by Facility, 2022&2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Converged Data Center Infrastructure End-User Insights
The global Converged Data Centre Infrastructure Market is divided into end-user segments such as BFSI, IT & Telecommunication, Retail & E-Commerce, Energy & Utilities, Transportation, and Others. During the projection period, the IT and telecom segment has the largest CAGR. This is mostly due to rising digital transformation of firms and increased IT investments by the industry's leaders. For example, the International Finance Corporation invested over USD 8 billion in the IT and telecoms sector in 2020. Increased financing for IT infrastructure development fosters market growth.
Converged Data Center Infrastructure Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Converged Data Center Infrastructure Market area will dominate this market, Because of the rising deployment of Industry 4.0 in the manufacturing sector in recent years. Furthermore, the presence of a high number of data centres in these locations is contributing to the growth of the Converged Data Centre Infrastructure market by reducing latency.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: Converged Data Center Infrastructure Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Converged Data Center Infrastructure Market accounts for the second-largest market share because of increased mobile data usage, expanding BYOD regulations, and other factors. Further, the German Converged Data Center Infrastructure Market held the largest market share, and the UK Converged Data Center Infrastructure Market was the fastest growing market in the European region
The Asia-Pacific Converged Data Center Infrastructure Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to increasing government investments and initiatives for smart city development. Moreover, China’s Converged Data Center Infrastructure Market held the largest market share, and the Indian Converged Data Center Infrastructure Market was the fastest growing market in the Asia-Pacific region.
Converged Data Center Infrastructure Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Converged Data Center Infrastructure Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Converged Data Center Infrastructure industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Converged Data Center Infrastructure industry to benefit clients and increase the market sector. In recent years, the Converged Data Center Infrastructure industry has offered some of the most significant advantages to medicine. Major players in the Converged Data Center Infrastructure Market, including Oracle Corporation (US), Mellanox Technologies Ltd (Israel), WS Atkins PLC (UK) MapR (US), SecureKey Technologies Inc (US), Kinetica DB Inc (US) and others, are attempting to increase market demand by investing in research and development operations.
Nutanix, Inc. is a cloud computing firm based in the United States that sells software, cloud services (including desktops as a service, disaster recovery as a service, and cloud monitoring), and software-defined storage. Dheeraj Pandey, Mohit Aron, and Ajeet Singh started Nutanix on September 23, 2009. Aron departed Nutanix in early 2013 to launch Cohesity, a privately held computer data storage startup. In August 2020, Nutanix debuted AWS clusters for hyperconverged infrastructure in hybrid cloud. The ability to lift and relocate workloads to the public cloud, particularly in cloud explosion scenarios, and disaster recovery uses are the key targeted use cases.
NEC firm, based in Minato, Tokyo, is a Japanese multinational information technology and electronics firm. Before rebranding as NEC in 1983, the corporation was known as the Nippon Electric corporation, Limited. It provides IT and network solutions to businesses, communications service providers, and government agencies, including cloud computing, artificial intelligence (AI), Internet of Things (IoT) platforms, and telecommunications equipment and software. It has also been Japan's largest PC vendor since the 1980s, when it launched the PC-8000 series. In April 2019, NEC introduced a new hyperconverged infrastructure solution that is very efficient and simple to deploy. NEC Corporation of America and NEC Enterprise Solutions (EMEA) have announced the release of a new hyperconverged infrastructure (HCI) solution based on Scale Computing's HC3 software.
Key Companies in the Converged Data Center Infrastructure market include
Converged Data Center Infrastructure Industry Developments
February 2022, the green panel decided to adopt Dell EMC VxRailHCI to update its data centre and optimize manufacturing and business processes. The green panel planned to update its IT infrastructure and introduce new technologies that would enable customer-centric product creation. The woodworking titan picked Dell EMC VxRailHCI over a public cloud solution to enable mission-critical applications.
April 2022, Equinix and Dell have expanded their collaboration to provide hyper-converged data centre solutions. Expansion of its Equinix Metal bare metal appliance line. This includes the launch of numerous new products, including Dell PowerStore on Equinix Metal, Dell VxRail on Equinix Metal, and Dell EMC PowerProtectDDVE on Equinix Metal.
Converged Data Center Infrastructure Market Segmentation:
Converged Data Center Infrastructure Market By Deployment Outlook
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Reference Architecture
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Pre-Racked Configuration
Converged Data Center Infrastructure Market By Component Outlook
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Computational Devices
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Storage Devices
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Networking Devices
Converged Data Center Infrastructure Market By Facility Outlook
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On-Premise
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Colocated Data Center
Converged Data Center Infrastructure Market By End-User Outlook
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BFSI
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IT & Telecommunication
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Retail & E-Commerce
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Energy & Utilities
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Transportation
Converged Data Center Infrastructure Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 5.5 Billion |
| Market Size 2024 |
USD 6.7 Billion |
| Market Size 2032 |
USD 28.9 Billion |
| Compound Annual Growth Rate (CAGR) |
19.90% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Deployment, Component, Facility, End-User and Region |
| Geographies Covered |
North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Nutanix Inc (US), Dell EMC (US), Cisco Systems Inc (US), Hewlett Packard Enterprise Company (US), Hitachi Ltd (Japan), IBM Corporation (US), NetApp Inc (US), Oracle Corporation (US), Mellanox Technologies Ltd (Israel), WS Atkins PLC (UK) MapR (US), SecureKey Technologies Inc (US), Kinetica DB Inc (US), Pivot3 (US), Stratoscale (Israel) |
| Key Market Opportunities |
The integrated data centre infrastructure business is expected to benefit from management simplicity. |
| Key Market Dynamics |
Growing company demand for agile and efficient data centres |
Converged Data Center Infrastructure Market Highlights:
Frequently Asked Questions (FAQ) :
The Converged Data Center Infrastructure Market size was valued at USD 5.5 Billion in 2023.
The global market is projected to grow at a CAGR of 29.90% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Oracle Corporation (US), Mellanox Technologies Ltd (Israel), WS Atkins PLC (UK) MapR (US), SecureKey Technologies Inc (US), Kinetica DB Inc (US).
The networking devices category dominated the market in 2022.
The Pre-racked Configuration had the largest share in the global market.
