Global Hyper Converged Infrastructure Market 2019-2023 | Growing Popularity of HCI as an Alternative to Public Cloud to Boost Demand | Technavio
Summary
A key factor driving the growth of the global hyper converged infrastructure market is enhanced data protection. As per Technavio, the HCI as an alternative to public cloud will have a positive impact on the market and contribute to its growth significantly over the forecast period. Some financial institutions have faced regulatory hurdles or compliance issues with respect to storing their data on the cloud. In addition, HCI systems converge the storage and computation functionalities into a single highly virtualized solution. Thus, the simplicity and automation brought about by HCI systems will drive the growth of the market during the forecast period,” says a senior research analyst at Technavio.
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