Hyper-Converged Infrastructure Market by Component (Software and Hardware), Application (Virtualization Desktop Infrastructure, and Data center consolidation, and Branch/Remote office), Vertical, Entity Size, and Region – 2022 to 2027
The global Hyper-Converged Infrastructure (HCI) market size is expected to reach USD 20.8 billion by 2024. It is expected to grow at a CAGR of 31.88% during the forecast period. HCI’s several advantages, such as reduced capital spending and operational expenditure, and the ability to recover from disasters, are projected to fuel market growth. In addition, increasing demand from different applications contributes to increasing IT infrastructure performance and ultimately boosts demand from the global hyper-converged network market over the forecast period.