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(IT-NEWSWIRE.COM, October 05, 2018 ) Hyper-convergence is a software-centric design that tightly integrates compute, storage and virtualization resources in a single system. A hyper-converged system allows the integrated technologies to be managed as a single system through a common tool set. Hyper-converged systems can be expanded through the addition of nodes to the base unit. Most hyper-converged systems require a minimum of three hardware nodes for high availability. A grouping of nodes is known as a cluster.
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Hyper-Converged Infrastructure (HCI) Market is accounted for $1459.56 million in 2016 and is expected to reach $17026.74 million by 2023 growing at a CAGR of 42.0% from 2016 to 2023. The main factors that are driving the market growth include increasing demand for data protection and disaster recovery, highly scalable solutions and increased usage for virtualization. However, drawback of bundled solutions is the major factor hindering the market. In addition, growing acceptance of hyper convergence solutions in coming years would be a significant growth opportunity for the market.
The APAC region is predictable to play a key role in the hyper-converged infrastructure market and grow at the highest rate during the forecast period. This is due to the rising demand for virtual environment-based applications and strengthening software controlled unified system deploying the tasks of server, storage, networking, and virtualization services.
Some of the key players in global Hyper-Converged Infrastructure (HCI) market include Atlantis Computing, Inc., Cisco Systems, Inc., EMC Corporation, Fujitsu Ltd., Gridstore, Inc., Hewlett Packard Enterprise Company, SimpliVity Corporation, Maxta Inc., Nimboxx Inc., Nutanix Inc., Pivot3, Scale Computing, NetApp, DataCore Software Corporation and Vmware Inc.
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Hypervisors Covered:
- Hyper-V
- Vmware (ESX/ESXI/Vsphere)
- KVM
End Users Covered:
- Healthcare
- Government
- Financial Institutions
- Education
- IT & Telecom
- Media & Entertainment
- Energy
- Other End Users
Applications Covered:
- Cloud Computing
- Server Virtualization
- Data Protection
- Virtual Desktop Infrastructure
- Remote Office/Branch Office (ROBO)
- Other Applications
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Rajat Sahni
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Source: EmailWire.Com 
Source: EmailWire.com
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