The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The composable infrastructure market has experienced an extraordinary surge in recent years, catapulting from $5.56 billion in 2023 to an impressive $8.23 billion in 2024. This remarkable growth reflects an astounding Compound Annual Growth Rate (CAGR) of 48.1%. The driving forces behind this surge include the growth of data center modernization, increased infrastructure flexibility, the adoption of virtualization and cloud technologies, IT cost optimization, and the evolution towards software-defined infrastructure.

Future Projections: Exponential Growth Ahead

Forecasts indicate that the composable infrastructure market is poised for exponential growth in the coming years. Projections anticipate an expansion to $37.87 billion in 2028, driven by a substantial CAGR of 46.5%. This anticipated growth is attributed to various factors, including the proliferation of edge computing, the expansion of 5G networks, the prevalence of hybrid and multi-cloud environments, a heightened focus on cybersecurity and data protection, and the enablement of remote workforces. The forecast period also brings forth major trends, such as the integration of AI and machine learning, the adoption of edge computing, the surge in hybrid and multi-cloud deployments, the prominence of containerization and Kubernetes, and a growing emphasis on energy-efficient solutions.

Composable Infrastructure Market Riding the Agile IT Wave

– Meeting Business Imperatives

The upsurge in demand for agile IT infrastructure is a pivotal driver fueling the composable infrastructure market’s growth. As enterprises strive to promote business growth, reduce costs, and enhance team performance, the need for agile IT infrastructure becomes paramount. Composable infrastructure plays a crucial role in fostering agility by optimizing application performance, reducing underutilization and overprovisioning, and creating cost-effective, agile data centers. The adoption of agile approaches is widespread, with 71% of companies utilizing them, and a remarkable 60% experiencing increased profits after embracing agile methodologies.

– Key Market Players

Major contributors to the composable infrastructure market include Lenovo Group Limited, Liquid Inc., Inspur Group Co. Ltd., NetApp Inc., Nutanix Inc., and Dell Inc. These industry leaders are instrumental in meeting the growing demand for agile IT environments, steering the market’s upward trajectory.

Technology Advancements: Shaping the Landscape

– SSD Technology Prowess

Technology advancements take center stage as a key trend in the composable infrastructure market. Advanced technologies, such as SSD technology integrated into storage hardware with sophisticated algorithms, are elevating efficiency and productivity. Companies are at the forefront, developing cutting-edge composable infrastructure solutions. For example, Inspur Information introduced a new generation of Enterprise NVMe SSDs in April 2022. This innovative SSD technology, based on an advanced NAND algorithm, increases flash memory lifespans by 40%, achieving 1.6 million IOPS per drive through PCIe 4.0 ultra-wide channels and ZNS storage. Such advancements are critical for achieving composable infrastructure, enabling efficient storage for rapid application deployment.

Strategic Acquisitions: A Path to Enhanced Services

– Dell’s Acquisition of Cloudify Platform Ltd.

In January 2023, Dell Technologies acquired Cloudify Platform Ltd., an Israel-based automation platform, for $100 million. This strategic move aims to bolster Dell’s cloud services offerings, facilitating better connectivity between DevOps and IT service management. Cloudify’s environment-as-a-service packages, encompassing networking, infrastructure, and automation technologies, bridge the gap between DevOps and ITSM, enhancing the composable infrastructure services landscape.

Market Segmentation Insights

The composable infrastructure market is segmented based on:

1. Component Outlook:
   • Software
   • Hardware
2. Cloud:
   • Public
   • Private
   • Hybrid
3. Vertical:
   • BFSI
   • IT & Telecom
   • Government
   • Healthcare
   • Manufacturing
   • Other Verticals

Regional Dominance

In 2023, North America emerged as the largest region in the composable infrastructure market. The forecast period anticipates Asia-Pacific to be the fastest-growing region, reflecting the global nature of composable infrastructure adoption.

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The Composable Infrastructure Global Market Report 2024  provides an overview of the composable infrastructure market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The composable infrastructure market forecast analyzes composable infrastructure market size, composable infrastructure market share, leading competitor and their market positions.

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