all report title image

COMPOSABLE INFRASTRUCTURE MARKET ANALYSIS

Composable Infrastructure Market, By Type (Software and Hardware), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Industry Vertical (BFSI, IT & Telecom, Retail & Consumer Goods, Healthcare, Manufacturing, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : May 2024
  • Code : CMI5080
  • Pages :178
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Composable Infrastructure Market Size and Trends

The composable infrastructure market is estimated to be valued at US$ 5.39 Bn in 2024 and is expected to reach US$ 19.00 Bn by 2031, growing at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.

Composable Infrastructure Market Key Factors

To learn more about this report, request sample copy

Enterprises are increasingly adopting composable infrastructure solutions to reduce capital expenditure and improve infrastructure utilization. Composable infrastructure allows dynamically assembling and disassembling infrastructure resources based on application demands. This enables optimized allocation of pooled resources and improves infrastructure efficiency. Further, composable infrastructure aids flexibility and agility by rapidly provisioning, re-provisioning and upgrading infrastructure. The ability to integrate existing hardware with software-defined infrastructure is also driving adoption. The market is expected to be positively impacted by the rapid growth in data volumes and infrastructure virtualization across industries.

Market Drivers: AI and Automation Spur Need for Composability

Over the past decade, organizations have invested heavily in adopting new technologies like artificial intelligence, machine learning, automation, and others to enhance their operations. While these technologies promise benefits, they have also created new challenges for businesses. As organizations deploy disparate systems and applications to gain specific capabilities, their existing IT infrastructure has become complex with many isolated silos housing different workloads. This makes the management of the infrastructure inefficient and costly. It also impacts the ability of businesses to leverage these new technologies together and extract further value.

Composable infrastructure is emerging as a solution to address these challenges. With a composable approach, organizations can break away from rigid, fixed hardware configurations. Instead, they get flexibility and agility to deploy the exact resources - compute, storage, and networking - that are required for different workloads on demand. This allows workloads and applications to be automated and orchestrated in a simple and automated manner. It enables new capabilities to be added without significant disruption to existing environments. The infrastructure can also adapt in real-time as business and technology needs change. This is especially useful considering how Artificial Intelligence and automation projects involve constant experimentation, testing and optimization. With composable infrastructure, resources can be incredibly responsive to these dynamic needs. IT teams have visibility into the entire infrastructure and can monitor, analyze, and improve resource utilization over time. This helps maximize investment in tools that drive modernization in a cost-effective way.

/p>Market Driver: Evolving Enterprise Digitalization Strategies

It has become imperative today for enterprises of all types and sizes to digitally transform their business models and operations. This recognizes how digital technologies now underpin interactions with customers, business processes, product/service design, and overall competitiveness. Forward-looking organizations have drawn up aggressive strategies around cloud, mobility, Internet of Things, analytics, and others to remain relevant in disrupted industry landscapes. However, traditional IT infrastructure models have not kept pace with these dynamic digitalization goals. Legacy setups comprise fragmented, siloed, and inflexible environments that inhibit modern workloads and innovation. They are also expensive to scale up or reconfigure on demand.

Composable infrastructure offers an optimized approach purpose-built for enterprise digital transformation strategies. With resources that can be allocated and automated in software to changing needs, it allows IT teams to deliver the right infrastructure exactly when and where applications require it.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.