Composable infrastructure allows organizations to dynamically compose and recompose physical and virtual infrastructure resources to deploy new workloads without acquiring entirely new infrastructure. It helps in optimizing resource usage, reducing management costs, and allowing on-demand access to computing resources. Composable infrastructure products allow organizations to deploy, manage, and monitor infrastructure resources through unified software-defined approach. Composable infrastructure enables automatic scaling of resources to meet changing workload demands. It balances resource utilization across the infrastructure and prevents underutilization of resources. Composable infrastructure helps organizations achieve higher agility, flexibility, and efficiency than traditional rigid infrastructure models. The global adoption of cloud-based solutions has increased tremendously over the past few years. Composable infrastructure enables organizations to build private clouds with pay-as-you-go model like public clouds. This on-demand, flexible private cloud model built on composable infrastructure is expected to drive higher adoption.
The global composable infrastructure market is estimated to be valued at US$ 12.3 Billion in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Higher adoption of cloud-based solutions is expected to be a major driver for the composable infrastructure market over the forecast period. Composable infrastructure allows organizations to build private clouds with the same agility, flexibility, and scalability as public clouds. It eliminates the need for expensive on-premise infrastructure buy cycles and enables on-demand allocation of resources. The ability of composable infrastructure to optimize resource usage and provide more Infrastructure as code enables higher efficiency in private cloud environments.
Another key driver for the market is increasing demand for accelerated legacy modernization. Many organizations are looking for ways to modernize aging, rigid legacy infrastructure and make it more agile to cope with changing business and technology needs. Composable infrastructure provides a non-disruptive way to inject modern capabilities into legacy environments and optimize existing infrastructure investment. It allows legacy applications and infrastructure to take advantage of new technologies like hyperconverged infrastructure, software-defined storage, and pay-as-you-go operational model.
Segment Analysis
The composable infrastructure market is segmented based on type into hardware and software. The hardware segment is expected to dominate the market during the forecast period owing to the increasing adoption of disaggregated compute, storage, and networking infrastructure from datacenters. The disaggregated resources allow dynamic composition of physical and virtual resources on demand based on changing business needs.
PEST Analysis
Political: Government initiatives toward digitalization and adoption of advanced technologies are driving the adoption of composable infrastructure. Various countries are supporting investments in datacenter modernization.
Economic: Composable infrastructure allows dynamic scaling of resources based on demand which helps reduce infrastructure costs for organizations. The pay-per-use model of composable infrastructure is encouraging its adoption.
Social: The growing data volumes and complex IT landscapes are creating demand for agile and flexible infrastructure from organizations. Customers expect online services to be always available which is driving the need for infrastructure that can quickly adapt to changes.
Technological: Emerging technologies such as hyperconvergence, disaggregated compute and storage, and software-defined infrastructure are enabling the delivery of composable infrastructure. Advancements in processor, memory, storage, and networking technologies are further enhancing composability.
Key Takeaways
The Global Composable Infrastructure Market Size is expected to witness high growth during the forecast period.
Regional analysis: The North America composable infrastructure market is expected to grow at the fastest rate during the forecast period due to heavy investments in datacenter modernization initiatives by leading cloud and communication service providers such as AWS, Microsoft, Google, and IBM.
Key players operating in the composable infrastructure market are Nutanix, HGST, Dell EMC, Lenovo, DriveScale, TidalScale, Liqid, and Cisco. Nutanix is one of the leading providers of composable software and offers its products and services through multiple frameworks including Frame, Xi Frame, and Xi Leap. HGST offers disaggregated Apollo storage platforms that enable composable infrastructure deployments.
