August 8, 2019

Hyperconverged Integrated System Market is Expected to Expand at a CAGR of over 37.3% from 2017 to 2025

The global hyperconverged integrated system market is reported to exhibit a stellar growth in coming years, according to a Transparency Market Research (TMR) report. The hyperconverged integrated system market features a fragmented competitive landscape, with entry of new market players in the coming years. This is expected to raise the bar for existing vendors, amplifying the competition in the market. This will lead to vendor investing in several organic and inorganic strategies in order to capture a footprint in the global hyperconverged integrated system market.

Vendors in the global hyperconverged integrated system market are currently primarily players in the server, storage, and networking solutions. These vendors are expected to expand their functions and offerings to hyperconverged integrated systems. A key focus are of the vendors in this market is expected to be datacenter consolidation.

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Prominent vendors in the global hyperconverged integrated system market are VMware, Inc., Cisco Systems, Inc., Hewlett Packard Enterprise, Oracle Corporation, and Fujitsu Limited.

TMR analysts report that the global hyperconverged integrated system market was worth US$1.5 bn. The market is predicted to reach US$31 bn by 2025, and exhibit a robust 37.3% CAGR over the forecast period 2017 to 2025.

The banking, financial and services (BFSI) sector is expected to emerge as the leading industry vertical segment in this market over the coming years. This could be due to the sector being an early adopter of technological innovations. In terms of geographical segmentation, Europe is expected to account for a lion’s share of the global market revenue, and exhibit a vigorous 43.8% CAGR over the forecast period.

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