Global Composable Infrastructure Market 2023

Global Composable Infrastructure Market 2023

Composable infrastructure is a concept in IT infrastructure management that refers to an approach where the hardware components of a system such as compute, storage, and network resources are disaggregated and programmable. A composable infrastructure is designed to be more modular and flexible than traditional IT infrastructure, allowing IT teams to dynamically allocate and reconfigure resources as needed. With composable infrastructure, hardware components are available in a pool or a fabric of resources, and software platforms can be used to compose them as needed, creating customized infrastructures for specific applications or workloads. This approach enables IT teams to allocate resources on-demand from a shared pool of resources while optimizing the performance of the infrastructure to meet specific business requirements. In composable infrastructure, each resource is treated as a service, and software tools are used to provision and manage these resources. This approach enables IT teams to reduce time spent on infrastructure management and achieve faster deployments for new applications or services. It also enables IT teams to improve resource utilization and reduce infrastructure costs by using only the resources that are needed, when they are needed. The global composable infrastructure market is anticipated to increase by USD 9.0 billion till 2029 at an average annual growth of 21.15 percent as per the latest market estimates.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, end user, and region. The global market data on composable infrastructure can be segmented by component: hardware, software. Among these, the hardware segment was accounted for the highest revenue generator in 2022. Composable infrastructure market is further segmented by end user: BFSI, healthcare, IT and telecom, manufacturing, others. The IT and telecom segment is estimated to account for the largest share of the global composable infrastructure market. Based on region, the composable infrastructure market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global composable infrastructure market in 2022 and is anticipated to hold its share during the forecast period.

The global composable infrastructure market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Dell EMC (Dell Technologies Inc.), Fungible Inc., Hewlett Packard Enterprise Co., Juniper Networks Inc., Lenovo Group Limited, Liqid Inc., NetApp Inc., Nutanix Inc., Western Digital Corp.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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