The Global Composable Infrastructure Market size was estimated at USD 2678.6 Million in 2021 and is expected to hit around USD 101.92 Billion by 2030, projected to grow at a compound annual growth rate (CAGR) of 50.8% during the forecast period 2022 to 2030.
A framework called composeable infrastructure divides the device resources into services. The physical computing, storage, and network fabric resources are a few examples of device resources that are viewed as services. The goal of a composable infrastructure is to enable a company's data centre to use its physical equipment while also speeding up the deployment of new applications. The concern of IT professionals regarding the location of infrastructure components is diminished by a composable infrastructure.
That implies that officials are no longer required to physically modify the hardware to support particular software applications. Computing and network resources can be handled through software utilising a web-based interface when they are abstracted from their actual physical locations in composable infrastructure storage.
Market Dynamics
Drivers:
The market for composable infrastructure is expanding as a result of factors including increasing business analytics capability, the use of methodologies like DevOps, higher consumer expectations, increased automation of tools & techniques, and the development of hybrid clouds. The need to bridge the gap between old and new technology as well as the high scalability of composable infrastructure are further factors driving the market for this type of infrastructure to expand.
Restraints:
The issues impeding market expansion, however, include a lack of qualified IT personnel, challenges related to integrating composable infrastructure into the traditional infrastructure, management tools, and worries about infrastructure failure. A growing number of corporate applications and the need for hardware to make IT infrastructure more adaptable and accessible are further contributing factors to the rising need for composable infrastructure, which presents attractive potential for the market's expansion.
Key players:
-
HGST Inc.
-
Hewlett Packard Enterprise Co.
-
Dell Inc
-
Lenovo Limited
-
DriveScale Inc.
-
TidalScale
-
Liqid Inc.
-
One Stop Systems Inc.
-
Cloudistics Inc.
-
Quanta Computer Inc.
Market Segmentation:
Composable Infrastructure Market, By Component
Composable Infrastructure Market, By Deployment Model
Composable Infrastructure Market, By Enterprise Size
Composable Infrastructure Market, By Industry Vertical
Composable Infrastructure Market, By Region
-
North America
-
Europe
-
Asia-Pacific
-
Latin America
-
Middle East & Africa (MEA)
Regional Analysis:
Throughout the forecast period, growth is anticipated in the Asia-Pacific region. India, China, Singapore, and Japan are the principal economies in the Asia-Pacific region with the highest growth rates. Businesses' efforts to build internal data centres are driving the market in Asia-Pacific. Businesses in this region are making adjustments to their business plans for acquiring new clients. Businesses are updating their business applications to adapt to the changing needs of the industry.
Companies therefore need a more adaptable and accessible infrastructure that can withstand the workload demands of the emerging applications. Additionally, this region is home to some of the economies that are expanding the quickest, including China and India, who are bolstering their IT infrastructure in an effort to promote digitalization.
Scope of the Report:
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2030 |
Growth momentum & CAGR |
Accelerate at a CAGR of 50.8% |
YoY growth (%) |
XX% |
Regional analysis |
North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa |
Current Market size |
USD 2678.6 Million |
Forecast market growth |
USD 101.92 Billion |
User
Tab Content
Introduction
Our market research is an extensive, iterative process that takes into account a combination of primary and secondary research tools with the aim of minimizing deviation and producing the most precise estimate and prediction. For the future course of action, this approach meticulously outlines the actual changes and industry trends. It gives incredibly valuable data that is drawn from the insights and opinions of analysts and professionals. Our papers include in-depth research and analysis based on several factual inputs obtained from expert interviews, accurate data, and local information.
Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
Avail 25% Discount
Report Benefits
-
Free Customization Available
-
30% discount on your next purchase
-
Dedicated account manager
-
Query resolution within 24 hours
-
Permission to print the report