The Composable Infrastructure Market to reach $18.6 Billion by 2030; The growing demand of rapid adoption of digital technologies and the increasing prevalence of hybrid as well as multi-cloud environments are propelling the growth of composable infrastructure market.

The Composable Infrastructure Market size is estimated to reach $18.6 Billion by 2030, growing at a CAGR of 19.6% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “ Composable Infrastructure Market – By Type (Software and Hardware), By Enterprise size (Large enterprise and SMEs) ,By Cloud Type (Public, Private and Hybrid), By Vertical (BFSI, IT and Telecom, Retail and Consumer goods, Healthcare, Manufacturing and Others), By Geography Global Opportunity Analysis & Industry Forecast, 2024-2030.”

The demand for agility and flexibility in IT infrastructure is driving the need for composable infrastructures. Additionally, the growing focus on digital transformation and cloud adoption within the IT and telecom industries is further boosting market demand during the forecast period.

In 2023, North America captured the largest share of 39% of the composable infrastructure market. The region’s rapid adoption of advanced technologies and its robust IT and telecommunications sector drive substantial demand for modern infrastructure solutions. Increased investment in digital transformation and cloud adoption among North American businesses further fuels the need for composable infrastructure as companies seek more flexible and efficient solutions. According to Gartner’s enterprise IT forecast published in May 2023, U.S. government IT spending is expected to grow by 20% over the next three years. Moreover, North American governments are heavily investing in secure cloud infrastructure to tackle rising cybersecurity concerns. The U.S. Department of Defense (DoD) announced in March 2023 that it is progressing with cloud computing adoption and aims to implement a "zero trust" computing environment by 2027. GovWin reported in May 2023 that the DoD's commercial cloud budget for FY 2024 is projected to be $2.0 billion, with 97% allocated to commercial cloud providers. This marks the highest cloud spending in three years, up from $1.5 billion in FY 2022 and $1.8 billion in FY 2023.

As organizations increasingly adopt digital technologies to enhance their operations and maintain competitiveness, the demand for agile, flexible, and scalable infrastructure solutions has surged. Composable infrastructure plays a crucial role in supporting these digital transformation efforts by enabling businesses to quickly adapt their IT environments, seamlessly integrate new technologies, and optimize resource usage. This heightened focus on digital transformation is driving greater demand for composable infrastructure solutions, as companies strive to streamline operations and boost efficiency amidst a rapidly evolving technological landscape. In May 2024, Nutanix announced a partnership with Dell Technologies to expedite customers' digital transformation efforts through infrastructure modernization and advanced application development. This collaboration will enable joint customers to utilize Dell and Nutanix's hybrid multicloud solutions, enhancing IT operations, resilience, and flexibility.

As businesses increasingly move to the cloud for its flexibility, scalability, and cost-effectiveness, the demand for composable infrastructure solutions has risen. These solutions enable seamless integration with cloud environments, allowing organizations to dynamically manage and allocate resources based on evolving needs. The shift towards cloud computing necessitates agile and modular infrastructure to support diverse cloud strategies, such as hybrid and multi-cloud deployments. In August 2024, Vultr announced the launch of its industry-specific cloud solution which provides advanced cloud computing solutions tailored to the unique needs and regulatory requirements of various sectors, including retail, manufacturing, healthcare, media, telecommunications, and finance. By harnessing Vultr’s extensive global cloud infrastructure, which includes 32 data center locations across six continents and Vultr Cloud GPU powered by NVIDIA GPUs for AI and ML applications, Vultr’s industry-specific cloud solution is tailored to enhance infrastructure and operations across different sectors worldwide.

 

Key companies profiled in the Composable Infrastructure Market are Cisco Systems Inc., Intel Corporation, NVIDIA, Dell, Microsoft Corporation, Western Digital, Lenovo Group, GigaIO Networks, Inc. ,Hewlett Packard Enterprise, Liqid Inc. and others.

5G Infrastructure Market – The 5G Infrastructure Market size is projected to reach US$72.2 billion by 2027, after growing at a CAGR of 62.6% during the forecast period 2022-2027. Growing demand for enhanced mobile broadband services along with virtual networking architecture in telecom industry, growing investment in development of 5G and machine-to-machine communication solutions are driving the market growth.

System Integration Market– The System Integration Market size is projected to reach US$1292.94 billion by 2030, after growing at a CAGR of 14.89 % during the forecast period 2023-2030, owing to its usage by the increasing need for organizations to integrate their diverse IT systems and applications.

Multi-Cloud Security Market - Multi-Cloud Security Market size is estimated to reach $21.7 billion by 2030, growing at a CAGR of 21.5% during the forecast period 2023-2030. Increasing adoption of cloud services, the need for a comprehensive security approach across multiple cloud platforms, and the complexity of managing multiple cloud environments are propelling the Multi-Cloud Security Market growth.

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.  

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.

Mr. Venkat Reddy

IndustryARC

Email: [email protected]

USA: (+1) 518-282-4727

Web: https://www.industryarc.com

Follow us on LinkedIn | Facebook | Twitter