JERSEY CITY, NJ, 22 November 2021 / PRNewswire / – Verified Market Research recently published a report, “Composable infrastructure marketBy Component (Software, Hardware), By Application (BFSI, IT & Telecom, Government, Healthcare) and By Geography. According to verified market research, the global Composable Infrastructure market size was estimated to be $ 3.29 billion in 2020 and should reach $ 14.35 billion by 2028, with a CAGR of 20.21% from 2021 to 2028.
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Browse the table of contents in depth to “Composable infrastructure market“
202 – Pages
126 – Tables
37 – Figures
Overview of the global composable infrastructure market
One of the major drivers for the growth of the global composable infrastructure market is the increasing demand for improved productivity of IT staff. Composable infrastructure depends on smart code that makes it easy for administrators to determine what resources are available and whether the hardware is configured appropriately. Additionally, composable systems use automatic diagnostics to find out where hardware issues lie, making data center management easier. Self-organization at this level can drastically reduce the need for human intervention, especially in rote operations. As a result, productivity increases and the rate of human error decreases. This is leading to further growth in the composable infrastructure market.
Composable infrastructure is also driven by the need for smart code that allows administrators to easily determine what resources are available and whether hardware is configured appropriately. Additionally, composable systems use automatic diagnostics to find out where hardware issues lie, making data center management easier. Self-organization at this level can drastically reduce the need for human intervention, especially in rote operations. As a result, productivity increases and the rate of human error decreases. The demand for the composable infrastructure market is also increasing with increasing utility for workplace agility.
Organizations can quickly deploy new applications that take the business to the next level with a composable system. Additionally, these systems can be quickly linked to overarching business goals to ensure they maintain corporate goals. However, the growth of the composable infrastructure market is increasingly constrained by the limited availability of sufficient skills. Lack of customer awareness is also another major factor that is expected to constrain the market throughout the inbound period.
Key developments
- In 2018, HPE acquired Plexxi, a software-defined network (SDN) company, and continued to develop a composable cloud platform.
- In 2018, DELL released PowerEdge MX, the first modular server designed for the emerging category of disaggregated data center infrastructure, or kinetic infrastructure. PowerEdge MX enables optimal use of a variety of IT resources, dynamically adapting to changing workloads and business needs
Key players
The main players in the market are Dell EMC (Dell Technologies Inc), Nutanix Inc, Juniper Networks, Inc., TidalScale, Inc., Liqid Inc., Lenovo Group Limited, NetApp Inc., Western Digital Corp, Hewlett Packard Enterprise Co, DriveScale , Inc., among others.
Verified market research segmented the global composable infrastructure market on the basis of components, applications, and geography.
- Composable Infrastructure Market, By Component
- Composable Infrastructure Market, By Application
- BFSI
- IT and telecom
- Government
- Health care
- Manufacturing
- Others
- Composable infrastructure market by geography
- North America
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- LINE
- Middle East & Africa
- Latin America
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