Key players in the global hyperconverged integrated systems market are expected to be at each others’ throats in the coming years.
According to Transparency Market Research (TMR) beancounters the key players in the market will start to complete rather ruthlessly.
This includes Nutanix, Pivot3, Hewlett Packard Enterprise, Scale Computing, VMware, Inc., Simplivity Corporation, Cisco, Oracle, NetApp Inc., Fujitsu and Huawei.
The global hyperconverged integrated system market is highly fragmented due to the rapid rise of the sector and is likely to witness steady entry of numerous new players in the near future. The competition in the market is thus likely to escalate steadily over the coming years.
The market will continue to grow and is likely to rise to a valuation of close to US$31 billion by 2025. The market was valued at US$1.5 billion in 2016 and is expected to exhibit a robust 37.3 percent CAGR between 2017 and 2025.
The global hyperconverged integrated system market is divided by application into the healthcare sector, the government sector, education, entertainment and gaming, BFSI, hospitality, and cloud service providers.
The healthcare sector’s contribution to the hyperconverged integrated system market is likely to exhibit a rapid 41.7 percent CAGR between 2017 and 2025, due primarily to the growing adoption of digital information storage mechanisms in the healthcare sector in developed countries.
Growing use of smartphone-based technology for patient interaction is likely to be a key driver for the global hyperconverged integrated system market in the coming years, the report said.
Most of the action will be seen in North America, however, Europe and Asia Pacific are both likely to outpace the North America market for hyperconverged integrated systems, with the Europe market expected to exhibit a robust 43.8 percent CAGR in the given period and the Asia Pacific hyperconverged integrated system market expected to exhibit 42.9 percent.
