Global Composable Infrastructure Market Projected to Surpass $55.68 Billion by 2029 with 47.1% Annual Growth

What combination of drivers is leading to accelerated growth in the composable infrastructure market?
The surge in the need for a flexible IT framework is propelling the expansion of the composable infrastructure market. This heightened necessity for agile IT networks primarily stems from the desire to spur business growth, cut down expenses, and enhance team performance. Moreover, companies, with the aid of adaptive IT infrastructure, can more speedily assimilate new technologies, benefit from deployment alternatives, and expedite the development of web apps. This burgeoning need for adaptable IT networks will, in turn, give rise to a significant demand for composable infrastructure, which fosters an agile IT landscape within firms. It does so by delivering optimal application performance, mitigating underuse and overprovisioning, and fostering a more flexible and cost-effective data center. As an illustration, the blog post Agile Adoption Statistics for 22 by the remote jobs platform GoRemotely, stated that Agile methodologies are utilised by 71% of firms, and 60% have witnessed a profit uptick post implementing the Agile methodology. Furthermore, 80% of federal IT endeavours also apply these methodologies. The US government, however, has suffered a $32 billion loss due to IT project failures, thereby underscoring the pressing need for agile IT setup. As a result, the growing necessity for adaptive IT framework is set to catalyze the growth of the composable infrastructure market.

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What is the projected compound annual growth rate (CAGR) of the composable infrastructure market from 25 to 2034, and what factors influence it?
In the past few years, the composable infrastructure market has seen exponential growth. It is expected to expand from $8.09 billion in 24 to $11.89 billion in 25, showing a compound annual growth rate (CAGR) of 47.0%. Factors bolstering the growth during this historic period include the modernization of data centers, heightened infrastructure flexibility, a rise in virtualization and cloud adoption, cost optimization in IT sectors, and the development of software-defined infrastructure.

The market for composable infrastructure is predicted to surge drastically in the upcoming years, reaching a valuation of $55.68 billion by 29, growing at a Compound Annual Growth Rate (CAGR) of 47.1%. The predicted escalation during the forecast period is due to factors such as the increased deployment of edge computing, the continued growth of 5G network infrastructure, hybrid and multi-cloud environments, escalating importance of cybersecurity and data protection, and the necessity for remote workforce support. Some key trends for the forecast period include the integration of AI and machine learning, adoption of edge computing, expansion of hybrid and multi-cloud architectures, the implementation of containerization and Kubernetes, and the need for energy efficient solutions.

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How are the latest trends influencing the growth of the composable infrastructure market?
The rise in technological innovation is an integral trend gaining traction in the composable infrastructure market. The use of sophisticated technologies for composable infrastructure solutions such as SSD technology in storage hardware coupled with refined algorithms has been observed in the market to enhance device longevity, thereby improving efficiency and productivity. Numerous businesses in the composable infrastructure market are aiming to devise and distribute superior composable infrastructure hardware or software solutions to fortify their market standing. For instance, Inspur Information, a world-renowned provider of IT infrastructure solutions, unveiled a new Enterprise NVMe SSDs range in April 22. These SSDs, based on a groundbreaking NAND algorithm, boost flash memory lifespan by 40% and deliver 1.6 million IOPS per drive through the use of PCIe 4.0 ultra-wide channel and ZNS (Zoned Namespace) storage. This SSD technology significantly enhanced Inspur's storage system's performance and honed Inspur's core storage competitiveness in areas such as system-level collaborative debugging and optimization, reliability, and performance. This is key for the realisation of composable infrastructure within enterprises by facilitating efficient storage for rapid application deployment.

What are the major segments of the composable infrastructure market and their role in driving growth?
The composable infrastructure market covered in this report is segmented -

1) By Component Outlook: Software, Hardware
2) By Cloud: Public, Private, Hybrid
3) By Vertical: BFSI, IT & Telecom, Government, Healthcare, Manufacturing, Other Verticals

Subsegments:
1) By Software: Infrastructure Management Software, Resource Orchestration Software, Monitoring and Analytics Software, Automation and Provisioning Software
2) By Hardware: Compute, Storage, Network, Chassis and Enclosures

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Which regions are key players in the growth of the composable infrastructure market?
North America was the largest region in the composable infrastructure market in 24. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the composable infrastructure market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the composable infrastructure market?
Major companies operating in the composable infrastructure market include Lenovo Group Limited, One Stop Systems Inc., Dolphin Interconnect Solutions, Liqid Inc., Inspur Group Co. Ltd., Hewlett Packard Enterprise Company, NetApp Inc., Dell Inc., Nutanix Inc., Juniper Networks Inc., TidalScale Inc., Quanta Cloud Technology LLC, Cloudistics Inc., DriveScale Inc., Cisco Systems Inc., Fungible Inc., Pure Storage Inc., Super Micro Computer Inc., Fujitsu Limited, NEC Corporation, Huawei Technologies Co. Ltd., Hitachi Ltd., International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Amazon Web Services Inc., Google LLC

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What Is Covered In The Composable Infrastructure Global Market Report?

•Market Size Forecast: Examine the composable infrastructure market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the composable infrastructure market for a structured understanding.
•Key Players Overview: Analyze major players in the composable infrastructure market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the composable infrastructure market.
•Segment Contributions: Evaluate how different segments drive overall growth in the composable infrastructure market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the composable infrastructure market.
•Industry Challenges: Identify potential risks and obstacles affecting the composable infrastructure market.
•Competitive Landscape: Review strategic developments in the composable infrastructure market, including expansions, agreements, and new product launches.

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