The global converged infrastructure solutions and services market is expected to register an impressive 28.90% CAGR between 2015 and 2022, states a research study by Transparency Market Research. At this rate, the market is projected to reach US$50.5 bn by 2022.
In this blog, TMR offers answers to some of the significant questions related to converged infrastructure solutions and services, focusing on the key opportunities and growth prospects the market holds.
What are the major benefits of implementing converged infrastructure solutions and services?
A converged infrastructure solution offers an innovative IT platform, which is designed, pre-assimilated, and deployed in order to manage extreme workloads. Organizations across the globe are looking for systems and applications that can handle large amounts of data while bearing minimum costs. Converged infrastructure solutions and services help in business acceleration, IT simplification, lowering of costs, and risk minimization, which are some of the key factors driving the global market.
What are the challenges that the global market for converged solutions and services needs to contend with?
The major players engaged in the global market are taking efforts to develop solutions and reduce budgetary pressures created due to economic volatility across the globe. These pressures are considered to be a barrier for the growth of the market. Moreover, IT leaders are coming together to discuss several concerns associated with the implementation of hyper-converged infrastructure solutions and services.
What are the key expectations of IT leaders to enhance their operational efficiency?
IT leaders worldwide are widely adopting converged infrastructure solutions in order to accelerate application delivery and reduce operational complexity. With the adoption of converged infrastructure, these companies are expected to gain private cloud service delivery aptitude, lower overall costs, visibility of assets, and centralized management. In addition, the consolidation of systems and rising resource utilization rates along with simpler and expedited deployment are also projected to be taken care of by converged infrastructure solutions and services.
What are the major opportunities for prominent players operating in the converged infrastructure market?
The introduction of hyper-converged infrastructure is projected to offer enhanced solutions and services for its consumers. Hyper-converged infrastructure is considered to play a vital role in the modernization of data centers. It is one of the greatest opportunities for major players operating in the global market for converged infrastructure solutions and services. Players are making attempts to use the latest technology such as flash storage, services in software, and increased density of cores so as to build a new architecture.