Insights on the Composable Infrastructure Global Market to 2027 - Featuring NetApp, Dell Technologies and TidalScale Among Others - ResearchAndMarkets.com
Insights on the Composable Infrastructure Global Market to 2027 - Featuring NetApp, Dell Technologies and TidalScale Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Composable Infrastructure Market By Component (Hardware and Software), By Industry Vertical (IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Manufacturing and Others), By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Composable Infrastructure Market size is expected to reach $13.5 billion by 2027, rising at a market growth of 21% CAGR during the forecast period.
Key Market Players
- Hewlett Packard Enterprise Company
- NetApp, Inc.
- Dell Technologies, Inc.
- Lenovo Group Limited
- Nutanix, Inc.
- Juniper Networks, Inc.
- Western Digital Corporation
- TidalScale
- Quanta Cloud Technology LLC (Quanta Computer, Inc.)
- One Stop Systems, Inc.
Composable infrastructure is considered as a framework that separates device resources in order to use them as services. A composable infrastructure is an approach to data center architecture that separates high-performance applications and workloads from the primary hardware. It allows the company's data center to use their hardware devices, software solution-based infrastructure and helps in reducing the time needed for the adoption of any other application for the same processes. It also provides the value addition to the businesses and then delivers increased competencies in infrastructure operations. In addition, CI also reduces operation expenditure eliminating different administration tools that demand a high-level understanding and expertise.
In the present scenario, several companies are evolving their security management by adopting composable infrastructure to manage their data instead of using private data centers or on-premises solutions. Though, they are facing some challenges while adopting skilled IT professionals or experts and other IT solutions, which offer the same visibility and control on the place of on-premises solutions. Therefore, it is estimated that these factors will hamper the growth of the composable infrastructure market. Whereas, a significant increase in investments in data center technologies and the development of the hybrid cloud are offering lucrative opportunities for global market growth.
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic has compelled the government of various nations like India, China, the UK, the US, and Germany to impose regulations to follow the COVID guidelines properly and lockdown in these countries forced employees to work from home or remote locations. Employees have easy access to the data at remote locations through the public cloud. Hence, on-premise storage systems and public cloud storage helped employees by making their work synchronized and tasks easier. Many companies have realized that this working style is very beneficial and have decided to extend the duration of work from home, which is attributed to a surge in the demand for composable infrastructure.
Market Growth Factors:
Provide efficiency and simplicity
In contrast with different and disconnected workflow-centric resources, the adoption of composable infrastructure offers a less complex environment in which a single infrastructure model is used across the organization. This helps in reducing the investment required for the staff training, a smaller number of silos of technical knowledge that mostly acts as a barrier in making changes, and providing a more open learning environment. In addition, composable infrastructure is a unique solution that supports constant IT service delivery.
The growing number of businesses are surging the demand for composable infrastructure
Various applications have come into existence due to changes made in the traditional applications. The latest applications are now demanding IT to be more responsive. With the help of a template-driven approach, composable infrastructure is able to reduce provisioning time and make infrastructure resources available whenever required. This allows infrastructure to act as a strategic asset instead of hampering the growing rate of business.
Market Restraining Factor:
Lesser number of skilled professionals and a lack of awareness
The adoption of composable infrastructure is not a very difficult task whereas its implementation is the major challenge which is faced by various organizations. Its implementation requires skilled professionals and advanced technologies & devices. In addition, the employees need to be trained before implementing composable infrastructure, which is increasing the investment of the company. Additionally, the low amount of awareness among the developing companies is hampering the growth of the composable infrastructure market.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Apr - 2021, Aug) Leading Players
Chapter 4. Global Composable Infrastructure Market by Component
Chapter 5. Global Composable Infrastructure Market by Industry Vertical
Chapter 6. Global Composable Infrastructure Market by Region
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/5yt7wa
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