Composable infrastructure is a framework created by the disintegration of multiple elements, such as data centre IT architecture computing, storage and networking equipment, which are combined in various ways to satisfy the needs of particular workloads.
The Composable Infrastructure market is expected to grow at a CAGR of 19.8.% to reach US$ 22 billion in 2030.
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"The Global Composable Infrastructure Market 2020-2030 (USD Billion)")
The global Composable Infrastructure market revenue is projected to reach close to USD 3252 Million by 2028. This can be attributed to the growing need to integrate old and new IT infrastructure, high scalability of composable infrastructure, and high adoption of virtualization.
The North American region is expected to lead the market followed by Europe and APAC. The North American region due to presence of huge number of technology companies is expected to show leadership however over the course of forecast period the APAC region is expected to giver stiff competition to the leaders.
However, lack of awareness about the benefits of composable infrastructure may hamper the growth of Composable Infrastructure market in the coming years.
Composable Infrastructure Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | US$ 22 billion |
| Growth Rate | CAGR of 19.8% during 2020-2030 |
| Segment Covered | By Type, By Vertical, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | HGST, Inc., Hewlett Packard Enterprise Co., Dell EMC, Lenovo Group Limited, DriveScale, Inc., TidalScale, Inc., Liqid, Inc., One Stop Systems, Inc., Cloudistics, Inc., QCT (Taiwan) |
Key Segment Of The Composable Infrastructure Market
By Type, (USD Billion)
• Software
• Hardware
By Vertical,(USD Billion)
• BFSI
• Healthcare
• IT & Telecom
• Government
• Manufacturing
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
the composable infrastructure market is growing at a CAGR of 19.8% during the forecast period.
North America dominated the market for composable infrastructure market and accounted for the largest revenue share.
The major contenders in the global composable infrastructure market HGST, Inc., Hewlett Packard Enterprise Co., Dell EMC, Lenovo Group Limited, DriveScale, Inc., TidalScale, Inc., Liqid, Inc., One Stop Systems, Inc., Cloudistics, Inc., QCT (Taiwan)
Composable infrastructure refers to the IT infrastructure created by disintegrating and integrating different components, such as data centre infrastructure computing, networking and storage, in various ways according to the requirements of specific workloads. Increased enterprise analytics workload, increased consumer demands, introduction of methodologies such as DevOps, the emergence of automation and standardisation tools, and the growing acceptance of hybrid cloud are major factors projected to drive the growth of the composable computing sector.
The standard segmented IT infrastructure is unable to provide the versatility that the enterprise-critical applications of the modern world require. In addition, a growing number of IT organisations are moving to DevOps application development methodology, which includes an agile system to keep up with the constantly changing application requirements and also uses a methodology of 'infrastructure as code' to maximise resource allocation. With the support of an easy-to-use API, a composable infrastructure transforms "infrastructure into code." The infrastructure as a code solution provides the IT infrastructure team the ease and agility to deploy. Thus leading to increase in demand for composable infrastructure market.
Types Segment
In terms of Types, the market is bifurcated into Hardware, and Services. The hardware segment is estimated to accrue significant market share in 2019, however software segment may over take it during the forecast period. The software segment is expected to grow more rapidly during the forecast period as compared to the hardware segment.
Industry Vertical Segment
In terms of the industry vertical segment, the market is segmented into BFSI, Healthcare, IT & telecommunication, Media & Entertainment, Manufacturing, and others. In 2019 the IT & Telecom segment accumulated the major market share and it is expected to do so over the forecast years. In the current scenario, IT & telecom companies want to boost their data , applications, and innovation. This includes the ability to handle traditional virtualization and bare-metal applications more effectively while embracing software-driven automation containerized applications and a fluid pool of services that can respond flexibly to the particular applications requirements. As tech firms move from a software-defined data centre to an independent one, IT teams obliged to fill the insights gathered about the infrastructure and workloads into insight and perspective-driven actions to ensure an ecosystem that is always-fast.
In terms of region, the global Composable Infrastructure market has been segmented into North America, Europe, Middle East & Africa, Asia Pacific, and South America. Currently, North America dominates the global market, in terms of revenue, followed by Europe. During the forecast period, North America is expected to hold a dominant market share in the global for Composable Infrastructure Hardware market. Owing to a rise in investment on technologies by firms in the U.S. and Canada, the demand in North America is projected to grow dramatically. In the coming years, Asia Pacific is also projected to deliver lucrative growth prospects for leading players operating in the global market for Composable Infrastructure Hardware. This is attributed to a rise in the region's number of companies. South Korea, India , Japan, Malaysia, Thailand , China, Singapore and Australia are the main countries that are driving business growth, as businesses in the country are growing their investment in technology. In South America and the Middle East & Africa, growth in the retail and BFSI industries is expected to drive the Composable Infrastructure solution demand in these areas.
Key players operating in the global Composable Infrastructure Hardware market include HGST, Inc., Hewlett Packard Enterprise, Dell Emc., Drivescale, Tidalscale, Lenovo Group, One Stop Systems, Cloudistics, Liqid Inc., and QCT among others. The demand for composable infrastructure is fairly competitive and is composed of a large number of multinational and regional players. These players have a significant share of the market and are focused on expanding their customer base around the world.