HomeNews UpdatesThe Motley Fool cites MarketsandMarkets in their recent article on Technology Stocks

The Motley Fool | October 20, 2021
The Motley Fool cites MarketsandMarkets in their recent article on Technology Stocks

The Motley Fool recently cited MarketsandMarkets as a major source of reference for Hyper-Converged Infrastructure (HCI) market in their article on the 3 tech stocks that you can buy and hold for the long term.

The article focuses on 3 major points - Microsoft continues to post eye-popping growth even at its enormous size, Sea Limited is growing like a weed across emerging markets, and Nutanix is a product leader in hyperconverged infrastructure. Nutanix is a leader in hyperconverged infrastructure, which allows enterprises to manage their IT workloads seamlessly across multiple public and private clouds from a single plane of glass. The global Hyper-Converged Infrastructure (HCI) market is projected to grow from USD 7.8 billion in 2020 to USD 27.1 billion by 2025, growing at a CAGR of 28.1% during the forecast period. Major growth drivers for the market include several advantages of HCI such as reduced capital expenditure and operational expenditure and disaster recovery capability.

For more details, please visit: https://www.fool.com/investing/2021/10/04/got-3000-3-tech-stocks-to-buy-and-hold-for-the-lon/

Press Release

https://www.marketsandmarkets.com/PressReleases/hyper-converged-infrastructure.asp

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