Composable Infrastructure Market Opportunities, Trends, Statistical Graph

Composable infrastructure is the virtualization of computing, networking, and storage resources and their management through a web-based interface. The need for curbing infrastructure costs without compromising on efficiency can lead to its adoption across organizations of all sizes. The global composable infrastructure market report by Market Research Future (MRFR) takes a look at drivers, challenges, trends, and opportunities for the period of 2019 to 2024 (forecast period). The COVID-19 pandemic and its effect has been analyzed in the industry report.

Market Scope

The global composable infrastructure market is estimated to reach a market value of USD 5.80 billion by 2024. It is predicted to grow at a 58.10% CAGR during the forecast period. The approach by small, medium, and large organizations to downsize resources to improve overall efficiency can drive the market demand exponentially. The change in network architecture and a single API for the computing and storage of resources on the basis of applications can bode well for the market.

Get Free Sample Copy Report of Smart Lighting Market@ https://www.marketresearchfuture.com/sample_request/7752

Regional Analysis

The market for global composable infrastructure is estimated by keeping under consideration the regions of North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America holds the largest market share owing to the presence of key market players such as Dell EMC, Hewlett Packard Enterprise Company, HGST Inc., and Cisco Systems Inc. investing in development of composable infrastructure for data centers driving the market growth. Growing demand for enterprise applications, adoption of new network architecture for reduction in operational expenses, and scaling of businesses can foster the market growth in this region.

Europe accounted for the second-largest market share owing to growing adoption of composable infrastructure in countries of Spain, the U.K., Germany, France, Italy, and other European countries. The data-centric nature of applications and need for control over hybrid network architecture while adhering to data governance laws is likely to drive the market demand over the forecast period. The adoption is dominated by IT and telecom sector and followed by the BFSI sector in the region.

Access Complete Report @ https://www.marketresearchfuture.com/reports/composable-infrastructure-market-7752

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.

Contact:
Market Research Future
528, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028, Maharashtra, India
Email: sales@marketresearchfuture.com

About This Author

Techfuture Joined: October 1st, 2020