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Composable Infrastructure Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Hardware, Software), By Industry Vertical (BFSI, IT & Telecom, Retail & Consumer Goods, Healthcare, Manufacturing and Others) and Regional Forecast, 2024-2032

Published On : April 28, 2022 | Report ID: FBI106639 | Status : Ongoing

 

KEY MARKET INSIGHTS

Composable infrastructure treats compute, storage, and community gadgets as pools of sources that may be provisioned as needed, depending on what different workloads require for optimum performance. It is a rising class of infrastructure that’s aimed  toward optimizing IT sources and enhancing enterprise agility. This approach is sort of a public cloud in that useful resource potential is requested and provisioned from shared capacity – besides composable infrastructure sits on-premises in an organization records center.


IT resources are treated as services, and the composable aspect refers to the ability to make these resources available on the fly based on the needs of different physical, virtual, and containerized applications. The management plane is designed to discover and access pools of compute and storage, so that the right resources are in the right place and at the right time. The goal is to reduce underutilized provisioning while creating a more agile data center.

In recent times, IT and telecom industries are ready to accelerate applications, data and innovation in current scenarios. They manage to get traditional bare-metal and virtualized applications more efficiently.

The segment growth may be attributed to the high concentration of OTT providers such as Netflix and Amazon Prime. Data security is a serious concern for these OTT providers as they process large amounts of data on a regular basis. In addition, these OTT providers need to maintain data quality and ensure business continuity. Therefore, develop a data quality framework to align data quality with existing policies and adopt a configurable infrastructure for integration.

Impact of COVID-19 on Composable Infrastructure Market:


The COVID19 pandemic and lockdown in various countries such as the U.S., the U.K., India, China and Germany have enabled employees to work from home or remotely. The data needed by remote employees is easily accessible via the public cloud. Therefore, public cloud storage and on-premises storage systems have played an important role in simplifying tasks and working in synchronisation. Most companies are extending their telecommuting time, increasing the need to adopt configurable infrastructure.

The importance of composable infrastructure has increased due to COVID-19, driving new investments in composable infrastructure.

Segmentation:
















By Product Type


By Industry Vertical


By Geography



  • Hardware

  • Software


 



  • BFSI

  • IT & Telecom

  • Retail & Consumer Goods

  • Healthcare

  • Manufacturing

  • Others




  • North America (USA, Canada and Mexico)

  • Europe (UK, Germany, France, Italy, Rest of Europe)

  • Asia Pacific (India, China, India, Japan, South Korea, Australia and Rest of APAC)

  • Latin America, Middle east & Africa



 

Key Insights:


The report will cover following key insights:


  • Impact of COVID-19 on composable infrastructure market trends.

  • Major upcoming developments in the industry.

  • In-depth insights into the recent trends in the market.

  • Impact of COVID-19 on the composable infrastructure market.


Regional Analysis:


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  • The North American region dominates the Composable Infrastructure market, with the U.S. occupying a substantial market share. The main factor for the region's dominance is the presence of major composable infrastructure vendors such as Cisco, Juniper Networks, Liqid Inc., Nutanix Inc., and Hewlett Packard Enterprise. These players focus on partnerships, mergers and acquisitions and innovative solutions to expand their presence in the market.

  • The Asia Pacific composable infrastructure market is projected to grow at a CAGR of 21.0%, the highest CAGR, from 2021 to 2028. Regional market growth is driven by increased spending on regional smart city initiatives. Growing industrialization has resulted in the production of several data sets, therefore driving the need for data storage management in the region.


Key Players Covered:


DriveScale, Inc., HGST, Inc., Liqid, NetApp, Nutanix Inc., TidalScale, Inc., Western Digital Corp, Dell EMC (Dell Technology Inc.), Lenovo Group , and Hewlett Packard Enterprise, Cisco, Juniper Networks.

Key Industry Developments:



  • In March 2022 – P Infusion is a provider of network decomposition solutions for telecom and datacom operators, and Jabil Photonics is a provider of end-to-end custom design, manufacturing, and test solutions for optical communications products. They are launching a new concept for Open Line System- the 400G ZR OLS.

  • In June 2021- Petrobras launched Latin America's largest supercomputer as part of its plans to reach 40 petaflops of internal computing capacity by the end of 2021. Algorithms developed by geophysicists and analysts are used in exploration projects, especially in areas of interest in oil and gas development, to optimize production processes and significant reduction in processing.





  • Ongoing
  • 2023
  • 2019-2022

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