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According to IDC’s Converged Systems Tracker Forecast, the HCI market is projected to reach $16.2 billion by 2023 from a figure of $9 billion in 2019. This stat reiterates and emphasizes the market potential and proliferation opportunities that each of these top players in the HCI software market can capitalize on to amplify their footprints.
Moreover, Rightscale’s State of the Cloud report establishes that 80% of organizations use a hybrid cloud approach comprised of public and private clouds. HCI software facilitates seamless hybrid cloud adoption allowing IT teams to run workloads on-premises and in public clouds. HCI software tools eloquently manage applications in hybrid clouds as well as in public cloud provider environments.