Market Overview
The Composable Infrastructure Market has been gaining significant traction in recent years due to its ability to deliver greater agility and flexibility to IT infrastructures. Composable infrastructure is a unified computing infrastructure that can be dynamically configured to meet changing workload demands. The market is expected to continue its growth trajectory in the coming years as more organizations seek to modernize their IT infrastructures.
Meaning
Composable infrastructure is an approach to IT infrastructure that involves disaggregating compute, storage, and networking resources into software-defined building blocks. These building blocks can be dynamically assembled and disassembled to create custom-tailored infrastructure configurations that are optimized for specific workloads.
Executive Summary
The Composable Infrastructure Market is expected to grow at a CAGR of XX% during the forecast period (20XX-20XX). The market is driven by the increasing demand for agile and flexible IT infrastructures, the need for faster time-to-market for applications, and the growing adoption of hybrid cloud environments.
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights
- Composable infrastructure is gaining popularity due to its ability to deliver greater agility and flexibility to IT infrastructures.
- The market is driven by the increasing demand for agile and flexible IT infrastructures, the need for faster time-to-market for applications, and the growing adoption of hybrid cloud environments.
- North America is expected to hold the largest market share due to the presence of major players and the early adoption of composable infrastructure solutions.
- The major players operating in the market include Hewlett Packard Enterprise, Dell Technologies, Lenovo, Cisco Systems, and others.
Market Analysis
The Composable Infrastructure Market is expected to grow at a CAGR of XX% during the forecast period (20XX-20XX). The market is driven by the increasing demand for agile and flexible IT infrastructures, the need for faster time-to-market for applications, and the growing adoption of hybrid cloud environments. Composable infrastructure is gaining popularity due to its ability to deliver greater agility and flexibility to IT infrastructures.
Market Drivers
- Increasing demand for agile and flexible IT infrastructures
- Need for faster time-to-market for applications
- Growing adoption of hybrid cloud environments
- Ability to optimize resource utilization and reduce costs
- Improved scalability and performance
Market Restraints
- Lack of awareness and expertise
- Concerns around security and compliance
- Complexity of implementation and management
Market Opportunities
- Growing demand for automation and orchestration tools
- Increasing adoption of containerization and microservices architectures
- Rising trend of software-defined infrastructure
Market Dynamics
The Composable Infrastructure Market is driven by a number of factors, including increasing demand for agile and flexible IT infrastructures, the need for faster time-to-market for applications, and the growing adoption of hybrid cloud environments. Other factors such as the ability to optimize resource utilization and reduce costs, improved scalability and performance, and the rising trend of software-defined infrastructure are also contributing to the growth of the market.
Regional Analysis
North America is expected to hold the largest market share due to the presence of major players and the early adoption of composable infrastructure solutions. The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period due to increasing digitalization initiatives and the growing adoption of cloud-based technologies.
Competitive Landscape
Leading Companies in the Composable Infrastructure Market:
- Hewlett Packard Enterprise Development LP (HPE)
- Dell Technologies Inc.
- Lenovo Group Limited
- Cisco Systems, Inc.
- Quanta Computer Inc.
- Liqid Inc.
- TidalScale, Inc.
- DriveScale, Inc.
- Western Digital Corporation
- Cloudistics, Inc.
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation
The Composable Infrastructure Market can be segmented based on type, vertical, and region. By type, the market can be segmented into software and hardware. By vertical, the market can be segmented into BFSI, healthcare, IT and telecom, government, and others.
Category-wise Insights
The BFSI segment is expected to hold the largest market share due to the increasing demand for composable infrastructure solutions in financial institutions to improve their operational efficiency and reduce costs. The healthcare segment is also expected to grow at a significant rate due to the growing adoption of digital technologies in healthcare organizations.
Key Benefits for Industry Participants and Stakeholders
The key benefits of composable infrastructure for industry participants and stakeholders include improved agility and flexibility, faster time-to-market for applications, optimized resource utilization, reduced costs, improved scalability and performance, and simplified management and operations.
SWOT Analysis
- Strengths: Composable infrastructure enables organizations to dynamically configure their IT infrastructures to meet changing workload demands, resulting in greater agility and flexibility. It also provides the ability to optimize resource utilization and reduce costs.
- Weaknesses: Lack of awareness and expertise, concerns around security and compliance, and complexity of implementation and management are some of the weaknesses of composable infrastructure.
- Opportunities: The growing demand for automation and orchestration tools, increasing adoption of containerization and microservices architectures, and rising trend of software-defined infrastructure are some of the opportunities for the composable infrastructure market.
- Threats: The market faces threats such as the emergence of alternative technologies, data privacy and security concerns, and budget constraints.
Market Key Trends
- Increasing adoption of hybrid cloud environments
- Growing demand for automation and orchestration tools
- Rising trend of software-defined infrastructure
- Increasing adoption of containerization and microservices architectures
- Growing focus on IT modernization initiatives
Covid-19 Impact
The Covid-19 pandemic has had a significant impact on the Composable Infrastructure Market. The pandemic has led to a surge in demand for digital transformation initiatives, including the adoption of composable infrastructure solutions. With remote work becoming the norm, organizations have had to quickly adapt to new ways of working, which has resulted in increased demand for agile and flexible IT infrastructures.
Key Industry Developments
- In March 2021, Hewlett Packard Enterprise announced the launch of a new composable infrastructure platform, HPE Synergy 480 Gen10 Plus, which offers enhanced security and scalability features.
- In January 2021, Lenovo announced the launch of its new composable infrastructure solution, ThinkAgile VX.
- In June 2020, Dell Technologies announced the expansion of its composable infrastructure portfolio with the launch of Dell EMC PowerOne, which provides automated deployment and management capabilities.
Analyst Suggestions
Industry analysts suggest that organizations should carefully evaluate their IT infrastructure needs and assess whether composable infrastructure is the right solution for them. They recommend partnering with a trusted vendor that can provide guidance and expertise in deploying and managing composable infrastructure solutions. Organizations should also focus on building a skilled workforce that can effectively manage and maintain their composable infrastructure.
Future Outlook
The Composable Infrastructure Market is expected to continue its growth trajectory in the coming years. The market is driven by the increasing demand for agile and flexible IT infrastructures, the need for faster time-to-market for applications, and the growing adoption of hybrid cloud environments. As organizations continue to prioritize digital transformation initiatives, the demand for composable infrastructure solutions is expected to increase.
Conclusion
Composable infrastructure is transforming traditional IT infrastructures by enabling organizations to dynamically configure their computing, storage, and networking resources to meet changing workload demands. The Composable Infrastructure Market is expected to continue its growth trajectory in the coming years as more organizations seek to modernize their IT infrastructures. While the market faces challenges such as lack of awareness and expertise and concerns around security and compliance, it also offers significant opportunities for industry participants and stakeholders. With careful evaluation and planning, organizations can leverage composable infrastructure to achieve greater agility and flexibility, optimize resource utilization, and reduce costs.