Press release
Global Composable Infrastructure Market Set For 31.98% Growth, Reaching $32.97 Billion By 2029
The global composable infrastructure market reached a value of nearly $8.09 billion in 2024, having grown at a compound annual growth rate (CAGR) of 36.40% since 2019. The market is expected to grow from $8.09 billion in 2024 to $32.97 billion in 2029 at a rate of 32.44%. The market is then expected to grow at a CAGR of 31.98% from 2029 and reach $132.06 billion in 2034.
What strategies are being adopted by key players in the composable infrastructure market?
The key players in the market are adopting extensive strategies in the composable infrastructure market such as:
• Strategic Partnerships for Growth - Collaborating with key industry players to enhance operational capabilities and market reach.
• Expanding Business Capabilities - Leveraging partnerships to strengthen supply chains, optimize resources, and improve efficiency.
• Innovative Product Launches - Introducing cutting-edge solutions to drive competitive advantage and operational excellence.
• Enhancing Market Presence - Combining innovation and partnerships to penetrate new markets and expand customer base.
• Strengthening Operational Efficiency - Utilizing strategic alliances and advanced products to streamline processes and boost productivity.
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To take advantage of opportunities, The Business Research Company suggests that composable infrastructure companies enhance offerings:
• Developing Technologically Innovative Solutions - Driving innovation to stay ahead in a competitive landscape.
• Creating Cutting-Edge Technological Solutions - Advancing platforms like Data Infrastructure as a Service (DIaaS) to streamline data management.
• Prioritizing Technological Advancements - Investing in R&D to enhance product capabilities and market relevance.
• Advancing AI & HPC-Driven Solutions - Leveraging AI and high-performance computing (HPC) to optimize resource utilization.
• Enhancing Scalability & Efficiency - Implementing AI and HPC to improve workload scalability and computing efficiency.
What Is Composable Infrastructure: Market Overview?
Composable infrastructure is a modern approach to IT infrastructure that enables organizations to dynamically allocate and manage computing, storage and networking resources through software-defined means. This technology allows businesses to treat their physical hardware as a set of fluid, programmable resources, making it easier to optimize workloads and improve efficiency.
Composable infrastructure is utilized in various scenarios where agility, automation and efficiency are critical. It is particularly beneficial for cloud computing, big data analytics, artificial intelligence and high-performance applications, enabling IT teams to rapidly provision and reconfigure resources without manual intervention. Organizations use it to streamline operations, reduce infrastructure complexity and improve overall performance. Complementary technologies include virtualization, hyper-converged infrastructure and software-defined networking, while traditional server-based architecture serves as a substitute for organizations that prefer fixed hardware allocations.
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Who Are The Major Companies Operating In The Global Composable Infrastructure Market?
The top 10 competitors in the market made up 5.54% of the total market in 2023. Hewlett Packard Enterprise Development LP was the largest competitor with a 1.10% share of the market, followed by:
• Dell Technologies Inc.
• Cisco Systems Inc.
• Lenovo Group Limited.
• Huawei Technologies Co. Ltd.
• Nutanix Inc.
• NetApp Inc.
• International Business Machines Corporation.
• NTT Data Corp.
• Supermicro (Super Micro Computer, Inc.).
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