The global composable infrastructure market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The major factors that are expected to boost the market include the emergence of hybrid cloud. Other factors such as data center consolidation and DevOps agility are anticipated to boost the market growth during the forecast period. Composable infrastructure allows an organization’s data center to utilize its own hardware devices and software solutions-based infrastructure and reduces the time required to deploy any other application for similar purposes. Composable infrastructure offers value addition to the businesses, delivering increased competencies in infrastructure operations. It reduces capital expenditure by supporting the fluid pools of vibrant assets by reducing the cost incurred for over provisioning of stranded resources. Additionally, it also lowers operational expenditure by reducing disparate administration tools, which require a high level of proficiency and learning.
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Composable infrastructure eliminates the need for managing physical workload separately and offers solutions and support, without moving physical assets & systems, with remote reconfiguration through software. Additionally, composable infrastructure enables the IT team to manage the physical workload, which is expected to fuel the growth of the global composable infrastructure market. In order to maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships and collaborations, and mergers and acquisitions.
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Recent Development:
- In September 2019, TidalScale announced the third generation of its software-defined server technology. This software-defined server technology-enhanced real-time machine learning increased performance and scalability and delivered up to 10X faster performance compared to a traditional server.
- In April 2019, DriveScale launched its DriveScale Composable Platform, which now includes support for NVMe over TCP.
Market Coverage
- Segment Covered-
o By Type
o By End-User Verticals
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Dell Inc., Nutanix Inc., and Lenovo Group Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Composable Infrastructure Market Report by Segment
By Type
- Software
- Hardware
By End-User Verticals
- IT & Telecom
- BFSI
- Healthcare
- Industrial Manufacturing
- Others
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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