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North America Hyper-Converged Infrastructure Market Forecast 2019-2028

KEY FINDINGS
The North America hyper-converged infrastructure market is estimated to register a CAGR of 23.91%, during the forecast period of 2019 to 2028. The increasing number of connected devices, the growing video and data services, and investments within the data center division is attributed to the region's market growth.

MARKET INSIGHTS
The North America hyper-converged infrastructure market growth is evaluated across Canada and the United States. The market in Canada has witnessed significant growth over recent years, primarily owing to the increased prevalence of hyper-scale cloud service providers. Global and local colocation services have also observed increased adoption through retail and wholesale deals, in the country. Hyper-converged infrastructure helps scale the virtual desktop infrastructure market (VDI). Likewise, Canada's VDI market is mainly driven by increased mobile data, the accelerating bring-your-own-device (BYOD) policies, and its rising adoption, especially among business enterprises.
Conversely, the expenditure for public cloud spending in Canada was projected at over $5 billion, in 2019, and is expected to generate an $8 billion revenue by 2025. Over 70% of IT enterprises in Canada have adopted cloud services for at least one application. As a result, the switch to cloud platforms has considerably minimized their IT expenditures. The data center market in Canada witnessed four major M&A activities, over the last two years. These activities are anticipated to result in the development of hyper-scale facilities, running on renewable energy, priced at $0.05 per kWh. Thus, such factors are projected to drive the region's market growth for hyper-converged infrastructure.

COMPETITIVE INSIGHTS
Prominent players operating in the market are, Cisco, Dell Technologies Inc, Microsoft Corporation, Hewlett Packard Enterprise, Scale Computing, etc.

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North America Hyper-Converged Infrastructure Market Forecast 2019-2028
Published By :Inkwood Research
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