The worldwide composable infrastructure market is expected to increase as a result of rising development in the composable IT infrastructure for their dependabilities in the emerging economies like China and India as well as many other locations that power the data centres. Furthermore, it is projected that data centres would grow as a result of the adoption of cloud architecture, which provides advantages for the IT sector in terms of cost and operation. The rise in demand for managed cloud computing services and facilities, which is anticipated to fuel the growth of the global market for composable infrastructure, will be complemented by the expansion of data centres.
The Composable Infrastructure Market was valued at US$ 2433.50 Mn in 2021 and is expected to reach US$ 20708.42 Mn by 2030, growing at a 25% CAGR between 2022 and 2030.
Major Players in the Composable Infrastructure Industry:
1. Nutanix Inc.: Nutanix Inc offers enterprises native hybrid cloud capabilities. Businesses can use the Enterprise Cloud Platform for a variety of purposes, including web-scale engineering and consumer-grade design, virtualization, and storage in a resilient, software-defined solution. Nutanix was founded in 2009, with headquarters in the United States. Rumours of a Nutanix purchase underscore the need of managing vendor risk.
2. Dell EMC (Dell Technologies Inc.): Provider of IT infrastructure services aimed at transforming workplaces in order to meet digital business objectives. Founded 1979. MA 01748 Headquarters in the United States.
3. Hewlett Packard Enterprise Co.: Hewlett Packard Enterprise is an information technology company that sells enterprise hardware and software. Its main product lines are compute servers, storage arrays, and networking equipment, including a high-performance computing division. Founded 1939. Headquarters are in the United States. OpsRamp IT Operations Management Software is a recent acquisition.
4. Juniper Networks Inc.: Juniper Networks Inc is a company that designs, develops, and sells high-performance network products and services to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses while achieving agility and improved operating efficiency through automation. Founded 1996. Headquarters of the United States. WiteSand (February 2022), Apstra (December 2020), and 128 Technology (October 2020) are the most recent purchases.
5. Western Digital Corp.: Western Digital Capital, situated in San Jose, California, was founded in 2015 as the corporate venture capital arm of Western Digital Corporation. The company intends to invest in data centre and enterprise, internet of things, consumer products and services, components, and subsystems.
Definition: In composable infrastructure, compute, storage, and networking resources are abstracted from their physical locations and can be managed by software through a web-based interface.
