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Cloud Computing Is Fastest Growing Segment Fueling The Growth Of All In One Infrastructure Market

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Ashish Thapa
 Cloud Computing Is Fastest Growing Segment Fueling The Growth Of All In One Infrastructure Market

Market Overview:

All in one infrastructure refers to integrated and converged infrastructure solutions that consolidate and virtualize servers, storage, networking and other resources into a single management interface. This reduces complexity, improves performance and lowers costs for businesses.

Market key trends:

The increasing adoption of cloud computing technology is one of the major trends fueling the growth of the all in one infrastructure market. More and more organizations are moving their infrastructure and applications to the cloud in order to reduce capital expenditures and improve scalability. The growing popularity of software as a service (SaaS) and infrastructure as a service (IaaS) is driving demand for convergd infrastructure that can integrate legacy systems seamlessly with private and public clouds. Cloud based infrastructure also provides improved disaster recovery capability and real time data backup which is boosting its adoption across industries.

The All In One Infrastructure Market Demand is estimated to be valued at US$ 13.95 Bn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis

The all-in-one infrastructure market is dominated by the network and communication infrastructure sub-segment. This sub-segment holds a share of around 35% of the overall market due to the rising adoption of advanced network technologies such as 5G and edge computing across various industries. The energy infrastructure sub-segment is expected to witness high growth during the forecast period owing to the growing investments in renewable energy projects globally.

Key Takeaways

The global all-in-one infrastructure market is expected to witness high growth, exhibiting a CAGR of 11% over the forecast period, due to increasing investments in smart city development projects worldwide. From a regional perspective, Asia Pacific region is expected to dominate the market and grow at the highest CAGR during the forecast period. This is attributed to robust economic growth and government initiatives to develop smart cities and digital infrastructure in various countries of the region including China, India, Japan, and South Korea.

The global all-in-one infrastructure market size is expected to reach US$ 13.95 Bn by 2023. Regionally, Asia Pacific accounts for around 35% share of the overall market and is expected to reach US$ 4.89 Bn by 2030.

Key players operating in the all-in-one infrastructure market are Siemens AG, Cisco Systems Inc., IBM Corporation, Schneider Electric SE, General Electric Company, Honeywell International Inc., Huawei Technologies Co. Ltd., ABB Ltd., Hitachi Ltd., Microsoft Corporation, Oracle Corporation, Johnson Controls International plc, Black & Veatch Holding Company, Bentley Systems, Â Incorporated, SAP SE. The market players are focusing on adopting organic and inorganic growth strategies such as collaborations, partnerships, mergers & acquisitions and new product launches to strengthen their market positions.

Read More: https://www.dailyprbulletin.com/rising-adoption-of-cloud-based-services-to-drive-the-growth-trend-and-share-analysis/

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Ashish Thapa
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