Composable Infrastructure Market is projected to reach USD 5.80 billion by 2024 at a CAGR of 58.10% from 2019 to 2024

Pune, India, April 2019, MRFR Press Release/- Market Research Future published a half-cooked research report on composable infrastructure market.

Market Highlights

Composable Infrastructure is a next-generation data center architecture that is designed to address scale and dynamic requirements of modern workloads by disaggregating compute, storage and network resources into separate pools. The market is expected to attain significant growth owing to a number of benefits offered by composable infrastructure to enterprises across industry verticals. Key benefits of composable infrastructure solutions include higher resource utilization, reduction in overprovisioning of resources, reduced infrastructure and operational costs, efficient sharing of resources across clusters, on-demand composing of servers and clusters through software, and faster deployment and integration. Hewlett Packard Enterprise Company, one of the leading composable infrastructure providers, offers composable infrastructure through its Synergy Platform, that provides disaggregated resource pools for compute, storage, and fabric allowing IT administrators to configure and manage these resources through software to meet the specific workload requirements. Cisco Systems Inc. offers composable infrastructure through UCS M-Series modular servers, specially designed for intensive workloads such as online gaming and UCS C3260 rack servers designed for data-centric workloads such as big data analytics. However, single vendor-lock-in period is a major challenge for the adoption of composable infrastructure among enterprises which is limiting the market growth.

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Key players

The prominent players in the market of the global composable infrasrtructure  are Hewlett Packard Enterprise Company, HGST Inc., Dell EMC, Cisco Systems Inc., Lenovo Group Ltd, DriveScale Inc., TidalScale Inc., Liqid Inc., OSS, Cloudistics, and Quanta Cloud Technology.

The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

Regional Analysis

The global market for composable infrastructure is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of composable infrastructure market is covered for the regions namely North America (US, Canada, Mexico), Europe (UK, Germany, France, Spain, Italy, the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, the rest of Asia-Pacific) and the rest of the world (the Middle East and Africa and South America).

North America region dominates the market due to the presence of key market players such as Hewlett Packard Enterprise Company, HGST Inc., Dell EMC, and Cisco Systems Inc., investing in the development of composable infrastructure for data centers which is driving the market growth. Growing demand for enterprise applications and adoption of composable infrastructure for reducing operational expenses among enterprises in the US, Canada, and Mexico also promote the market growth in this region. The US accounted for a larger market share among the North American countries followed by Canada and Mexico.

Europe accounts for the second largest market share owing to the growing adoption of composable infrastructure in countries such as the UK, Germany, France, Spain, Italy, and other European countries. The adoption is dominated by IT and telecom industry in this region and the growth rate is expected to be higher in the BFSI sector in Europe.

Asia-Pacific accounted for the third-largest market share; it is expected to attain the highest growth due to the growing number of data centers opting composable infrastructure in China, Japan, India, Singapore, Australia, and other Asian countries. Increasing growth of data centers in Malaysia and Thailand also promotes the market growth in this region.

The Middle East and Africa region is expected to achieve substantial growth and presents an opportunity for key market players to invest.