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Global Composable Infrastructure Market Industry Overview and Forecast to 2031 - Market Analysis and Market Share

ICT | Upcoming Report | Aug 2024 | Global | 350 Pages | No of Tables: 60 | No of Figures: 220

Report Description

The composable infrastructure market was valued at USD 5.1 billion in 2023. It is projected to grow at a CAGR of 52.75% and reach USD 231.21 billion by 2031.


Composable Infrastructure Industry Overview

Composable infrastructure represents a transformative approach in IT management, enabling organizations to manage and allocate computing, storage, and networking resources based on application demands. This approach is also gaining traction in hybrid cloud solutions, allowing seamless integration of on-premises resources with public cloud services. The U.S. National Institute of Standards and Technology (NIST) supports this trend by noting that composable infrastructure supports effective resource pooling and management across diverse environments (NIST, 2021). In telecommunications, it supports Network Function Virtualization (NFV) for agile network service deployment, while financial institutions leverage it for real-time data processing and analytics.

Data Bridge Market research market report provides details of recent developments, trade regulations, market share, market trends on the basis of its segmentations and regional analysis, impact of market players, analysis of opportunities in terms of emerging revenue pockets, market regulations, strategic market growth analysis, market size, category wise market growths, application niches and dominance, product approvals, product launches, geographic expansions, and technological innovations in the market. To gain more info on the market, contact Data Bridge Market Research’s team of expert analysts. Our team will help you make informed market decisions to achieve business growth.

Global Composable Infrastructure Market Size

Global Composable Infrastructure Market Report Metric Details

 

Report Metric

Details

Forecast Period

2024-2031

Base Year

2023

Historic Year

2022 (Customizable 2016-2021)

Measuring Unit

USD Million

Data Pointers

Market value, growth rate, market segments, geographical coverage, market players, market scenario, in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Composable infrastructure cultivates scalability, flexibility, and efficient use of resources thereby, adding value to the businesses. This infrastructure enhances operational agility and resource utilization, making it a vital asset for modern IT environments. Databridge Market Research took a dive into comprehensively analyzing the market and unveiled that the global composable infrastructure market is increasing at a CAGR of 52.75%. The market size is valued at USD 5.11 billion in 2023 and is expected to grow up to USD 231.21 billion by 2031.

Global Composable Infrastructure Market Dynamics

Global Composable Infrastructure Market Growth Drivers

Increasing Number of Enterprise Applications

The growing demand for composable infrastructure hardware is significantly driven by the increasing number of enterprise applications, which necessitate a flexible and agile IT environment. Composable infrastructure allows organizations to dynamically allocate resources such as computing power, storage, and networking customized to the specific needs of their applications in real-time. This method improves resource efficiency and reduces costs by eliminating the need for over-provisioning and ensuring that resources are used optimally. Enterprises require adaptable infrastructures that can quickly integrate new technologies and support diverse workloads by enhancing operational efficiency and competitiveness. The market is expected to grow as enterprises increasingly acknowledge the benefits of composable solutions for effectively managing intricate IT environments amidst the evolving requirements of contemporary business applications.

Growing Need for Intelligence Code

Intelligent code is transforming the consumable infrastructure market by driving significant growth through enhanced automation, efficiency, and scalability in IT operations. Intelligent code reduces human error and improves resource efficiency by minimizing manual intervention, which is crucial for organizations aiming to scale rapidly and achieve operational excellence. Consumable infrastructure supports multi-cloud environments by enabling seamless management of resources across various platforms. Integrating artificial intelligence (AI) into intelligent code tools is expected to accelerate this growth further by automating decision-making processes. The shift to remote work, accelerated by the COVID-19 pandemic, has underscored the need for automated solutions that maintain productivity without extensive manual configurations. Intelligence fundamentally reshapes how organizations manage their infrastructure, making it a pivotal element in the future of IT operations.

High Adoption of DevOps Methodologies

The high adoption of DevOps methodologies is significantly impacting the growth of the consumable infrastructure market by driving demand for various tools and services that facilitate automation, scalability, and efficiency. There is a surge in the need for infrastructure automation tools such as Ansible, Puppet, and Chef due to the DevOps emphasizes automation throughout the software development lifecycle. The emphasis on continuous integration and delivery (CI/CD) practices also increases the need for scalable infrastructure solutions. This is because CI/CD pipelines require extensive resources such as virtual machines and databases, which must be effectively managed and provisioned. Moreover, the emphasis on monitoring and observability within DevOps has spurred the adoption of monitoring tools that provide real-time insights into resource utilization and performance metrics. Collectively, these factors illustrate how the widespread implementation of DevOps is transforming software development and propelling the consumable infrastructure market toward significant growth and innovation.

Global Composable Infrastructure Market Growth Opportunities

Technological advancements are catalyzing significant growth opportunities in the consumable infrastructure market by increasing the demand for efficiency, scalability, and sustainability across various sectors. Innovations such as cloud computing and edge computing are reshaping data center infrastructures by enabling organizations to manage vast amounts of data with enhanced performance and security. The composable infrastructure market is expected experience growth in future as organizations increasingly pursue flexible, modular IT environments that enable dynamic resource allocation. It leads to the growing demand for adaptable infrastructure solutions that can rapidly align with evolving business needs. Moreover, the increasing emphasis on sustainability is prompting the development of eco-friendly products and practices by aligning with consumer preferences and regulatory demands. Overall, as organizations increasingly embrace these technological innovations, the consumable infrastructure market is poised for substantial expansion, driven by both sector-specific advancements and broader regional developments.

Global Composable Infrastructure Market Growth Challenges

High initial investments pose significant challenges for the consumable infrastructure market, particularly in various services such as data centers. The significant capital investment required for the development and upkeep of such infrastructure such as land acquisition, construction, equipment procurement, and energy costs can be a major barrier for smaller enterprises. Many prospective investors may face constraints due to insufficient resources or limited access to capital, which restricts their ability to enter the market or pursue expansion opportunities. Additionally, the rigorous regulatory framework governing infrastructure projects can exacerbate complexities, as adherence to diverse legal and compliance standards frequently demands supplementary investments in security measures and audits, thereby increasing overall costs. Consequently, the combination of high upfront costs and regulatory challenges can hinder the overall growth and development of the consumable infrastructure sector by making it difficult to meet the increasing demand driven by emerging technologies and digital transformation initiative.

Global Composable Infrastructure Market Size Growth Restraints

The shortage of skilled professionals complicates the workforce development in the technology sector that limits the growth of the consumable infrastructure market. As organizations increasingly adopt complex cloud architectures and composable infrastructures, the demand for experts capable of managing these advanced systems has surged. However, a substantial talent shortage persists, with over 90% of companies struggling to find individuals with adequate cloud computing skills. This skills gap delays the deployment of innovative solutions and results in substantial revenue losses, with projections suggesting that the IT skills shortage could lead to $5.5 trillion in losses by 2026 due to product delays and reduced competitiveness. Moreover, the inability to deliver high-quality services due to unskilled personnel can erode customer satisfaction and trust, driving clients toward competitors who can more effectively leverage their technological capabilities.

Global Composable Infrastructure Market Scope and Trends

Global Composable Infrastructure Market Segmentatons Overview

 

Segment Type

Sub-Segments

Type

Software and Hardware

Enterprises Size

Large Enterprises, Small and Medium Enterprises

Cloud Type

Public, Private, and Hybrid

Vertical

BFSI, IT and Telecom, Government, Healthcare, Manufacturing, Retail, Energy, Utility, Media and Entertainment and Others (Retail, Media and Entertainment, Energy and Power)

  • The hardware segment dominates with 83.6% market share due to increased demand driven by the growth of enterprise applications and big data.
  • Large enterprises use composable infrastructure to manage complex, demanding workloads across diverse data centers and cloud environments, providing flexibility and scalability for their IT needs.
  • The IT and telecommunication segment holds a 33% market share, focusing on enhancing app performance and resource management by integrating software-driven automation and flexible resource pools for both traditional and containerized applications.

Global Composable Infrastructure Market Regional Analysis – Market Trends

Global Composable Infrastructure Market Regional Overview

 

Region

Countries

Europe

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe

APAC

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific

North America

U.S., Canada and Mexico

MEA

Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa

South America

Brazil, Argentina and Rest of South America

Key Insights

  • North America dominates the market due to the early adoption of hybrid cloud and the growing demand for private and public cloud solutions.
  • Europe is the second-largest market, driven by the increasing demand for software-defined infrastructure and the adoption of DevOps and agile methodologies.
  • Asia-Pacific is the fastest-growing market due to the rapid adoption of composable infrastructure solutions by various industries.

Leading Players in Global Composable Infrastructure Market

  • Lenovo (China)
  • ONE STOP SYSTEMS INC. (U.S.)
  • Dolphin ICS (U.S.)
  • Liqid Inc.  (U.S.)
  • Inspur (China)
  • Western Digital Corporation (U.S.)
  • Hewlett Packard Enterprise Development LP (U.S.)
  • Dell Inc. (U.S.)
  • DriveScale Inc. (U.S.)
  • TidalScale Inc. (U.S.)
  • Cloudistics Inc. (U.S.)
  • Quanta Computer Inc. (Taiwan)
  • Cisco (U.S.)
  • QCT (Taiwan)
  • Wipro Limited (India)
  • Comport Technology Solutions (U.S.)
  • Colt Group Holdings Limited (U.K.)
  • Ducon Infratechnologies Ltd. (India)

Recent Developments in Composable Infrastructure Market

  • In June 2023, Hewlett Packard Enterprise (HPE) expanded its HPE GreenLake platform, integrating OpsRamp for AI-driven operations and introducing new SaaS options for backup and machine learning. The platform now includes HPE GreenLake for Private Cloud Business Edition and a partnership with Equinix to enhance global private cloud delivery.
  • In January 2023, Microsoft acquired Fungible to enhance its data center capabilities by integrating composable infrastructure. Fungible's expertise in high-performance networking and storage solutions, driven by data processing units (DPUs), aligns with Microsoft's goal of optimizing resource utilization and improving data center performance.
  • In January 2023, Dell Technologies acquired Cloudify, a startup offering environment-as-a-service packages that bridge the gap between DevOps and IT service management. This acquisition aims to enhance Dell's cloud service offerings and address unified cloud solution needs.
  • In October 2022, Nutanix expanded its hybrid cloud environment to include dedicated bare metal nodes for Microsoft Azure, facilitating easier management of apps and data across hybrid multi-cloud environments.
  • In October 2022, Lenovo launched the Xclarity One cloud software program, integrating Infrastructure as a Service (IaaS) and Smarter Support Analytics into a unified portal. This program simplifies management from edge to cloud, enhancing agility.
  • In October 2020, TidalScale collaborated with Western Digital to create a composable infrastructure solution tailored for AI and ML workloads. This solution combines TidalScale’s software-defined server technology with Western Digital’s OpenFlex NVMe-oF storage platform to offer scalable and flexible infrastructure.

DBMR’s market report on the global composable infrastructure market takes you through valuable insights that can contribute to making several important business decisions. Based on our reports and research expertise you can create realistic growth strategies for your business.   


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