Composable Infrastructure Market is Estimated to Witness High Growth Owing to the adoption of Composable Infrastructure for Scalability and Flexibility

 
Composable Infrastructure Market

Market Overview:

Composable infrastructure consists of disaggregated, intelligent, and software-defined compute, storage, and networking resources that can be composed and recomposed in any combination via an API to support any workload. It provides flexibility, scalability and agility which makes it preferable among organizations. Composable infrastructure helps in reducing operational costs, improving utilization and ensures seamless integration of new technology into existing infrastructure.

Market key trends:
The increasing demand for remote and digital services across various industry verticals owing to the ongoing COVID-19 pandemic is driving the adoption of composable infrastructure. Composable infrastructure supports remote working by enabling the effective composition and recomposition of resources based on changing business needs. It provides organizations the required scalability and flexibility to handle varying workloads remotely. With composable infrastructure, organizations can easily expand or contract their infrastructure capacity on demand and deliver applications to employees working from home. This is expected to significantly drive the growth of the composable infrastructure market over the forecast period.

Porter’s Analysis:

Threat of new entrants: Low because Composable Infrastructure Market Demand is dominated by few well established players who hold majority of market share and new entrants will face barrier in gaining customer trust.

Bargaining power of buyers: Moderate as there are many solution providers but buyers can negotiate on large volume and long-term contracts which can improve their bargaining position.

Bargaining power of suppliers: Low as composable infrastructure solutions depend on standard components like servers, storage which are easily available from multiple suppliers. This prevents any individual supplier exploiting their position.

Threat of new substitutes: Low as composable infrastructure provides unique advantages over tradition infrastructures in terms of flexibility, scalability and cost optimization which are not easily substitutable.

Competitive rivalry: High due to presence of technology giants competing on performance, features and pricing.

SWOT Analysis:

Strengths: Composable solutions enable flexibility, scalability and optimization of resources which helps in reducing IT costs.

Weaknesses: Lack of awareness about technology and large upfront investments required for transition from traditional to composable model.

Opportunities: Growing demand for efficient infrastructure due to increasing data volumes. Hyper converged and software defined solutions are driving adoption of composable model.

Threats: Integration challenges during transition and technology lock-in with specific vendors can hamper adoption.

Key Takeaways

The global composable infrastructure market is expected to witness high growth of 25% over the forecast period, due to increasing data volumes driving the need for flexible and scalable infrastructure solutions across industries. Composable infrastructure allows organizations to efficiently scale and optimize their resources based on changing business needs.

North America captures around 40% share of composable infrastructure market led by U.S due presence of major solution providers and technology adoption. Asia Pacific is expected to grow at fastest pace with countries like China and India generating rising demand for efficient datacenter solutions.

Key players operating in composable infrastructure market are NetApp Inc., Nutanix Inc., Dell EMC (Dell Technologies Inc.), Hewlett Packard Enterprise Co., Juniper Networks Inc., Western Digital Corp., Lenovo Group Limited, Liqid Inc., and TidalScale Inc. Major players are focusing on partnerships to strengthen their product portfolio and market share.

Read More:

https://www.dailyprbulletin.com/the-composable-infrastructure-market-emerging-technologies/

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