Global Composable Infrastructure Market by type (software and hardware), by vertical (BFSI, healthcare, IT and telecom, government, manufacturing, and others), by Geography (North America, Europe, Asia Pacific, Middle East & Africa and South America) – is expected to reach US$ XX Mn by 2027, at a CAGR of XX%.
The major factors driving the composable infrastructure market include the ever-growing demand for data storage and highly scalable data storage solutions, such as composable infrastructure, low CapEx and opex of composable infrastructure, and increasing adoption of virtualization. Other factors estimated to work in favor of the market include the increasing adoption of automation across enterprises, augmented use of standardization tools, and the growing usage of hybrid cloud. The major factors that are estimated to hamper market growth are vendor lock-in and single point of failure.
BFSI segment is projected to the highest CAGR during the forecast period
BFSI segment is projected to implement composable infrastructure at highest pace among the other verticals, to avoid billion-dollar losses owing to disruptions while processing significant quantities of data. BFSI composable infrastructure is estimated to aid financial institutions and financial service providers expand their operational effectiveness and production.
Asia Pacific is estimated to grow at the leading CAGR during the forecast period
Asia Pacific is estimated to grow at the leading CAGR during the forecast period. The key countries that are likely to witness high growth rates in this region include China, India, Japan, and others. The market in Asia Pacific is majorly driven by the focus of enterprises on in-house data centers. Companies in this region are carrying about changes in their strategies from customer acquisition to customer experience.
This report includes a study of marketing and development strategies, along with the product portfolios of prominent companies. It includes the profiles of leading manufacturers such as HGST, HPE, Dell EMC, Lenovo, DriveScale, TidalScale, Liqid, One Stop Systems, Cloudistics, and QCT.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the composable infrastructure market. Report encompasses the market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the composable infrastructure market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain composable infrastructure market positioning of competitors.
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