Hyperconverged Integrated System Market - Healthcare Industry Likely to Attain Importance for Growth

Albany, NY -- (SBWire) -- 01/23/2019 --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% 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.

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Regionally, North America is the leading contributor to the global hyperconverged integrated system market. The regional market accounted for US$1.3 bn in 2017 and is likely to rise to more than US$13 bn over the 2017-2025 forecast period. 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% CAGR in the given period and the Asia Pacific hyperconverged integrated system market expected to exhibit 42.9%.

One of the key drivers for the global hyperconverged integrated system market, particularly in developing regions, is the rising support provided by government agencies for the use of digitized data storage and monitoring mechanisms. Realizing the importance of digital information storage technology for steady economic growth, countries such as India, China, Brazil, and Argentina have lent generous support to the use of digitization in various sectors. This is likely to remain a consistent driver for the hyperconverged integrated system market in the coming years due to the steady pace of urbanization exhibited in these countries.

On the basis of application, the global hyperconverged integrated system market has been divided into remote and branch offices (ROBO), datacenter consolidation, server virtualization, data protection, IoT, virtual desktop infrastructure (VDI) and others. Of these, datacenter consolidation is likely to remain a leading contributor to the global hyperconverged integrated system market in the coming years.

The rising complexity of data being generated across the world has driven the need for data center technology that can keep up with the dynamic evolution of data generation methodologies. Server virtualization and virtual desktop infrastructure is also likely to remain a key tool in the business sector in the coming years, leading to strong prospects for the global hyperconverged integrated system market.

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