The report “Converged Infrastructure Market by Components (Server, Networking, Storage, Infrastructure Software, Support Infrastructure), Services ( Installation & Integration, Consulting & Professional, Maintenance & Support), Architecture Type, and End Users( Enterprises, Cloud Service Providers, Collocation Service Providers) - Worldwide Forecasts & Analysis (2014 - 2019)”, defines and segments the converged infrastructure market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints, and opportunities impacting it, along with the technology roadmap and adoption trends.
MarketsandMarkets forecasts the converged infrastructure market to grow from $11.53 billion in 2014 to $ 33.89 billion in 2019 at a Compound Annual Growth Rate (CAGR) of 24.1%. In terms of regions, North America and Europe are expected to be the biggest markets in terms of revenue contribution, while Asia-Pacific (APAC) and MEA are expected to experience increased market traction, during the forecast period.
· 130 market tables
· 72 figures spread through
· 186 Pages and in-depth TOC on "Converged Infrastructure Market”
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The concept of converged infrastructure provides data centers with an “all–in-one” solution for the entire infrastructure. It includes servers, storage, and networking equipment which are all bundled and pre-integrated from a single vendor. Buying everything from a single vendor eliminates integration and interoperability problems and offers better management because the software tools are tailored for the specific equipment and the service is being provided by the same vendor. Organizations are gaining ground by creating awareness about the converged infrastructure solution in the market. The market is in the nascent stage and disruptive in nature; however, it is being adopted at a good rate. The application has many positive drivers such as aligning IT as per the business requirements, reduction in Capex and Opex of IT, which indicate a high growth potential in the next 3–5 years within the converged infrastructure market.
MarketsandMarkets broadly segments the converged infrastructure market on the basis of component: server, networking devices, storage devices, infrastructure software; service: integration services and consulting and professional services; architecture type: custom build and pre-configured; end user: enterprises, cloud service providers, and colocation service providers; vertical: Banking, Financial Services, and Insurance (BFSI), IT and telecom, public sector, retail, manufacturing, and healthcare; region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).
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The major driving factors for the converged infrastructure market are aligning IT as per the business requirements, aging of traditional datacenters, lower Capex and Opex of IT, lower cost of services, and rapid growth of cloud services. Converged Infrastructure solution providers are facing challenges in terms of dependency on Internet networks, monetization of user base, and fierce competition.
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