2021 Composable Infrastructure Market Analysis by Size, Share, Types, Growth, Application, Demand, Developments, Key Players, CAGR Status & Future Prediction to 2028
The composable infrastructure market report provides an in-depth information about changing competitive dynamics, opportunities, trends, current market size, key drivers of growth and challenges of the key industry players.
Dallas, United States – May 24, 2021 /MarketersMedia/ —
Global Composable Infrastructure Market
Composable infrastructure is a framework created by disassembling numerous components of data center IT infrastructure, such as computing, storage, and networking, and combining them in various ways to meet the needs of individual workloads. This composable infrastructure integrates highly abstracted tools, software-defined features, and efficient frameworks. Composable infrastructure performs a variety of tasks; including extending the life of old hardware and handling compute storage, and fabric as a fluid pool of resources. Composable architecture reduces the need for workload-specific environments by offering a flexible range of services that can be dynamically combined to satisfy the specific requirements of any program. The global Composable infrastructure market size is projected to reach nearly USD 3252 million by 2028. In addition, it is projected to gather a CAGR of above 19.23% over the forecast years 2020-2028.
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The growth of the global composable infrastructure market is projected to be fueled by an increase in business analytics workload and the introduction of a greater number of methodologies. Other factors projected to drive the growth of the global composable infrastructure market include the increasing need to bridge the gap between conventional and modern infrastructure, high scalability, and agility of composable infrastructure, as well as rising disposable income. Other factors projected to drive the growth of the target market over the forecasted timeframe include the increasing need for scalability and agility of data center infrastructures, composable technology hardware, rising automation, standardization tools, and the introduction of hybrid cloud across the globe. However, the global composable infrastructure market is predicted to be hampered by stringent regulations and product recalls vendor lock-in and single point of failure over the forecast period.
The hypervisor efficiency and choice are determined by individual suppliers rather than by consumers is a problem for the composable infrastructure industry. The biggest constraint for the growth of the composable infrastructure market during the projected timeframe is the single pinnacle for service provisioning, which increases the chances of impacting all guest machines in the event of a breakdown. Major players are focused on partnering with other industry players to shape an integrated distribution chain and implement new-generation applications to plan for the future while keeping current-generation applications that sustain revenue-generating operations. This is the latest big theme in the target market.
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North America is estimated to lead in the global market. This is largely due to the region’s expanding data center industries and growing demand for scalability in technologies, as well as lower operating costs, tax exemptions, and low net ownership costs on IT infrastructure. Due to the attention of companies on in-house data centers in India and China countries in the region, the Asia Pacific market is projected to be an emerging market for the global composable infrastructure market, with the highest CAGR over the forecast period.
The major players of the global Composable infrastructure market are HGST, Inc., Hewlett Packard Enterprise, Dell Emc., Drivescale, Tidalscale, Lenovo Group, One Stop Systems, Cloudistics, Liqid Inc., and QCT among others.
Segment Overview of Global Composable infrastructure Market
Type Overview, 2018-2028 (USD Million)
• Hardware
• Software
Industry Vertical Overview, 2018-2028 (USD Million)
• BFSI
• Healthcare
• IT & Telecommunication
• Manufacturing
• Media & Entertainment
• Others
Regional Overview, 2018-2028 (USD Million)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Middle East and Africa
o UAE
o South Africa
o Rest of Middle East and Africa
• South America
o Brazil
o Rest of South America
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