Composable infrastructure allows IT infrastructure to be disaggregated into individual components such as compute, storage, and networking which can then be quickly composed and recomposed into any application or workload configuration using flexible automation and orchestration tools. The global composable infrastructure market provides the organizations with agility, scalability, and efficiency to address changing business needs.
The global composable infrastructure market is estimated to be valued at US$ 3041.88 Mn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of cloud-based platforms by organizations across various industry verticals is the key trend driving the growth of the global composable infrastructure market. Organizations are moving their workloads to cloud-based platforms to gain benefits such as scalability, flexibility, and low upfront investment. Composable infrastructure integrates well with cloud-based platforms by providing agile reconfiguration of resources on demand. It allows organizations to seamlessly utilize additional compute, storage, and networking resources from the cloud as per workload requirements. The on-demand nature of composable infrastructure is well-suited for dynamic cloud environments. This is increasing its adoption for implementing hybrid cloud and multi-cloud strategies, thus propelling the market growth over the forecast period.
Segment Analysis
The Global Composable Infrastructure Market Size is dominated by the server segment due to the agility, scalability, and flexibility offered in composing servers on demand. The ability to quickly compose servers from pools of resources helps optimize compute utilization and reduce IT costs. Other important segments include storage, network, and software infrastructure. Storage infrastructure allows disaggregating storage resources from servers so they can be pooled and accessed on demand. This brings flexibility and adapts storage capacity based on changing business needs.
Key Takeaways
The global composable infrastructure market is expected to witness high growth over the forecast period. The global composable infrastructure market is estimated to be valued at US$ 3041.88 Mn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030.
Regional analysis
North America is the fastest growing region in the global composable infrastructure market. The presence of major composable infrastructure vendors and availability of advanced infrastructure solutions are driving higher adoption among organizations. Organizations are increasingly adopting composable infrastructure to build cloud-native applications and optimize infrastructure resources. This is positively impacting the growth of the North American market.
Key players
Key players operating in the composable infrastructure market are Cisco Systems, Inc., Microsoft Corporation, Palo Alto Networks, Inc., Symantec Corporation, Check Point Software Technologies Ltd., Akamai Technologies, Inc., Fortinet, Inc., Zscaler, Inc., Okta, Inc., and VMware, Inc. CrowdStrike Holdings, Inc., Cyxtera Technologies, Inc., Proofpoint, Inc., and FireEye, Inc. Forcepoint LLC. These players are focusing on providing integrated solutions to optimize infrastructure, reduce costs and enable workload portability.
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