Composable Infrastructure Market: A Paradigm Shift in IT Agility

The Business Research Company's Composable Infrastructure Market Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

LONDON, GREATER LONDON, UK, November 21, 2023 /EINPresswire.com/ -- The global composable infrastructure market experienced a remarkable surge, growing from $3.81 billion in 2022 to $5.49 billion in 2023, with an impressive compound annual growth rate (CAGR) of 44.0%. Projections indicate a continued upward trajectory, with the market size expected to reach $27.22 billion by 2027, reflecting a robust CAGR of 49.2%.

Segmentation: Unveiling the Building Blocks of Composable Infrastructure
1) By Component Outlook: Software, Hardware

2) By Cloud: Public, Private, Hybrid

3) By Vertical: BFSI, IT & Telecom, Government, Healthcare, Manufacturing, Other Verticals

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Driving Forces: Unleashing Agility in IT Infrastructure
The composable infrastructure market's growth is propelled by the escalating demand for agile IT infrastructure. Organizations are increasingly embracing agile IT infrastructure to foster business growth, cut costs, and enhance team performance. Composable infrastructure plays a pivotal role in meeting this demand by creating agile IT environments within enterprises. It optimizes application performance, reduces underutilization and overprovisioning, and fosters a more agile and cost-effective data center. The surge in agile adoption is evident, with 71% of companies employing agile approaches and 60% experiencing profit growth after its implementation.

Industry Leaders and Innovations: Pioneering the Future of IT Infrastructure
Key players shaping the composable infrastructure market include Lenovo, One Stop Systems Inc., Liqid Inc., Inspur, Western Digital Corporation, and Hewlett Packard Enterprise Development LP. The market is witnessing a trend of technological advancement, with companies integrating advanced technologies like SSD technology in storage hardware. For instance, Inspur Information introduced a new generation of Enterprise NVMe SSDs, enhancing flash memory lifespans and achieving 1.6 million IOPS per drive via PCIe 4.0 ultra-wide channel and ZNS storage.

Regional Dynamics: North America Takes the Lead, Asia-Pacific Gains Momentum
In 2022, North America emerged as the largest region in the composable infrastructure market, with Asia-Pacific anticipated to be the fastest-growing region in the forecast period. The geographical coverage encompasses Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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Composable Infrastructure Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Composable Infrastructure Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on composable infrastructure market size, composable infrastructure market drivers and trends, composable infrastructure market major players, composable infrastructure market competitors' revenues, composable infrastructure market positioning, and market growth across geographies. The composable infrastructure market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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