Global Composable Infrastructure Market Analysis Based On Component, End-Use, And Region

 Composable Infrastructure Industry Overview

The global composable infrastructure market size was valued at USD 2,678.6 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 50.4% from 2022 to 2030. The increasing demand for efficient application performance and business analytics workload is expected to contribute to the growth of this market. Due to the outbreak of the COVID-19 pandemic, organizations have struggled to keep up with their regular infrastructure needs. Enterprises of all sizes have expanded rapidly, thus driving the demand for robust IT infrastructure. Countries have experienced intensified data demand during the pandemic and underscored the importance of data centers.

Furthermore, during this period, composable infrastructures helped firms in virtualizing their entire Information Technology (IT) infrastructure by allowing them to adapt to flexible and adaptive infrastructure. These benefits of composable infrastructure during the pandemic period will further boost the growth of the market.

Gather more insights about the market drivers, restraints and growth of the Global Composable Infrastructure Market

 

Organizations rely on composable infrastructure to synchronize tasks and improve overall efficiency to support the remote working culture. For instance, in May 2020, Hewlett Packard Enterprise (HPE) introduced HPE SimpliVity 325 Gen 10 Hyper-Converged Infrastructure (HCI) solution, to enable the remote workforce and deliver a 50% lower cost per virtual desktop.

Another important factor that accelerated the growth of the market was that composable infrastructure reduces complexity by offering a single infrastructure model across the enterprise. Furthermore, with the help of automatic integration and seamless operations, organizations could support a more open learning environment and had to invest less in staff training. These factors will fuel the market growth during the forecast period.

The rise in data security concerns has pushed organizations to implement composable infrastructure solutions, as confidential data remains on-premise, thus offering better data protection. The need to fill the IT productivity gap and manage available resources more efficiently contributes to the market demand. Organizations are interested in pooling their resources without making any changes to the existing IT infrastructure.

This can be attained with the help of composable infrastructure as developers can programmatically control it. They offer a single interface to configure, search, discover, update, and diagnose. These benefits provided by composable infrastructure solutions will supplement the growth of the market during the projection period.

Composable infrastructure eliminates the need for managing physical workload separately; instead, it allows managing the physical assets and systems with remote reconfiguration. In recent times, an increase in data center consolidation and DevOps agility has also supported the demand for composable infrastructure. The market is expected to grow considerably during the forecast period, as composable infrastructure provides organizations with a unified management interface that integrates previously siloed systems and operations and allows them to be delivered as a service.

Several IT & telecom enterprises are accelerating their process, data, and innovation, which cannot be achieved with conventional bare-metal and virtualization apps. Hence, many firms take the help of composable infrastructure solutions to support containerized applications with software-driven automation and a fluid pool of resources to fit the firm’s specific needs. 

For instance, Liqid Inc., a composable infrastructure provider, offers cloud-like agility from the data center at any scale and allows new levels of resource utilization. Furthermore, features such as infrastructure on demand, ease of use, nimbleness, and built-in automation and orchestration are expected to support the market growth during the assessment period.

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Composable Infrastructure Market Segmentation

Grand View Research has segmented the global composable infrastructure market based on component, end-use, and region:

Composable Infrastructure Component Outlook (Revenue, USD Million; 2017 - 2030)

• Hardware
• Software

Composable Infrastructure End-use Outlook (Revenue, USD Million; 2017 - 2030)

• BFSI
• IT & Telecommunication
• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Others (Energy & Utilities, Government, and Media & Entertainment, among others)

Composable Infrastructure Regional Outlook (Revenue, USD Million; 2017 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America

• MEA (Middle East & Africa)

Market Share Insights:

• March 2022: Liqid, a software company offering data center composability, announced a collaboration with MemVerge and Intel to deliver composable memory solutions for big memory computing.

Key Companies profiled:

Prominent players operating in the global composable infrastructure market include:

• HGST, Inc.
• DriveScale, Inc.
• TidalScale, Inc.
• Dell
• Liqid
• NetApp
• Nutanix
• Western Digital
• Hewlett Packard Enterprise (HPE)
• Cloudistics

 

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