What is Global Converged Data Center Infrastructure Market?
The Global Converged Data Center Infrastructure Market is a rapidly evolving sector that has been gaining significant traction in recent years. This market refers to the consolidation of the networking, storage, and computing components of a data center into a single optimized computing solution. This convergence aims to minimize compatibility issues and simplify the management process, thereby reducing the overall cost of operation. The converged infrastructure also enhances the flexibility and scalability of data centers, making it easier for businesses to adapt to changing needs and technologies. The global market for converged data center infrastructure is driven by the increasing demand for efficient and cost-effective data center solutions, the growing need for data center consolidation, and the rising adoption of virtualization and cloud computing technologies.
Reference Architecture, Pre-Racked Configuration in the Global Converged Data Center Infrastructure Market:
The Global Converged Data Center Infrastructure Market is segmented based on reference architecture and pre-racked configuration. Reference architecture is a document or a set of documents that provides recommended structures and integrations of IT products and services to form a solution. On the other hand, pre-racked configuration refers to the pre-installation of servers, storage, and networking equipment in a rack, which is then delivered as a complete system to the customer. Both these segments play a crucial role in the market as they offer businesses a roadmap for implementing converged infrastructure solutions, thereby reducing the complexity and risk associated with designing and deploying a data center. These solutions also provide a high degree of flexibility and scalability, allowing businesses to easily expand their data center capabilities as their needs grow.
On-Premise, Collocated Data Center in the Global Converged Data Center Infrastructure Market:
The Global Converged Data Center Infrastructure Market finds its usage in various areas including On-Premise and Collocated Data Centers. On-Premise data centers are those that are physically located within an organization's premises. These data centers offer businesses complete control over their data and IT infrastructure. However, they require significant upfront capital investment and ongoing maintenance costs. On the other hand, collocated data centers are those where businesses rent space for their servers and other computing hardware. These data centers provide businesses with the benefits of a large-scale IT infrastructure without the need for a large capital investment. The use of converged data center infrastructure in these areas helps businesses optimize their IT operations, improve their data management capabilities, and reduce their overall IT costs.
Global Converged Data Center Infrastructure Market Outlook:
Looking at the market outlook, the Global Converged Data Center Infrastructure Market was valued at a substantial US$ 9991 million in 2023. The market is expected to witness a significant growth, reaching an impressive value of US$ 24280 million by 2030. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period from 2024 to 2030. This robust growth can be attributed to the increasing demand for efficient and cost-effective data center solutions, the growing need for data center consolidation, and the rising adoption of virtualization and cloud computing technologies.
| Report Metric | Details |
| Report Name | Converged Data Center Infrastructure Market |
| Accounted market size in 2023 | US$ 9991 million |
| Forecasted market size in 2030 | US$ 24280 million |
| CAGR | 13.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| By Region |
|
| By Company | 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) |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
