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Composable Infrastructure Market by Type, Vertical And Region - Global Forecast to 2023

Composable Infrastructure Market: Global Forecast until 2023

  • November 2018
  • 87 pages
  • ID: 5620908
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The increasing need for scalability and agility of data center infrastructure is predicted to push the increase of the composable infrastructure market

The composable infrastructure market size is forecasted to be $616.0M in 2018 and is forecasted to reach $5102.0M by 2023, at a Compound Annual Increase rate of 52.60 percent during the forecast period. The key factors driving the rise of the composable infrastructure market contain the increasing need to bridge the gap between traditional and new infrastructure and high scalability and agility of composable infrastructure. The main factors that are anticipated to hinder industry growth are vendor lock-in and single point of failure.

Composable infrastructure hardware segment is anticipated to increase at a better compound annual growth rate during the outlook period

The scope of this report includes the study of the composable infrastructure market by category, vertical, and area.Composable infrastructure hardware is forecasted to account for the biggest market share in the overall composable infrastructure market by category during the estimate period.

The increasing demand for composable infrastructure hardware is primarily due to the growing number of enterprise applications and demand for dynamic hardware requirements to make IT infrastructure more agile and scalable.

BFSI segment is anticipated to implement composable infrastructure at more important pace among the other verticals, to prevent billion-dollar losses due to disruptions while processing significant quantities of data

The BFSI segment is anticipated to implement composable infrastructure solutions at the maximal compound annual growth rate (CAGR) during the outlook period.This infrastructure is expected to benefit financial institutions and financial service providers improve their operational efficiency and productivity.

Some of the main advantages of deploying composable infrastructure solutions contain seamless scalability, low operational expenditure, and reduced management overheads. Nevertheless, the BFSI market is more likely to deploy composable infrastructure, as these solutions help growth the speed of data processing and alleviate business risks by unifying the control of all operations from a single point.

The industry in the Asia Pacific is anticipated to rise at the highest CAGR (Compound annual growth rate) during the estimate period

By area, the composable infrastructure market in the Asia Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.The main countries that are anticipated to witness high increase rates in this area contain China (CN), India (IN), Japan (JP), Singapore (SG), and others.

The sector in Asia-Pacific is mainly driven by the focus of enterprises on in-house data centers.Firms in this zone are bringing about changes in their strategies from customer acquisition to customer experience.

These firms are transforming their core business applications and are making them agile to respond to business changes.Therefore, institutions need more agile and scalable infrastructure that can withstand the workload requirements of their new applications.

Furthermore, this area comprises some the quickest-increasing economies investing significantly on their IT infrastructure to foster digitalization.

The break-up profiles of the primary discussion participants are given below:

• By Company category: Tier 1 (40.0 percent), Tier 2 (35.0 percent), and Tier 3 (25.0 percent)

• By Description: C-suite (45.0 percent), D-level (30.0 percent), and Grade of manager (25.0 percent)

• By Area: North America continent (35.0 percent), Asia-Pac (20.0 percent), Europe (EU) (30.0 percent), and RoW (15.0 percent)

The key industry players decribed in this business report contain HGST, HPE, Dell EMC, Lenovo, DriveScale, TidalScale, Liqid, One Stop Systems, Cloudistics, and QCT.

Segment Research

The overall composable infrastructure market has been broken down by type, vertical, and area.An in-depth study of the regions has been done to furnish business insights into the potential future business opportunities across main regions.

Additionally to this, the strength of the service portfolio and business strategy excellence are some of the other MarketsandMarkets analyses included in the study.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on the best approximations of the revenue data for the global composable infrastructure market and the sub-segments.This industry report will facilitate partners distinguish the competitive landscape and obtain additional insights to better option their businesses and to plan suitable go-to-market approaches.

The market research also benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

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