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(I-SoftwareNews.Com, December 11, 2018 ) The study involved 4 major steps in the process of estimation of the current market size for composable infrastructure. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the composable infrastructure market size of the segments and subsegments.
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Composable infrastructure software is expected to account for the larger market share in the global composable infrastructure market by type during the forecast period. The composable infrastructure hardware segment includes appliances/platforms and general-purpose servers (enabled by composable software). The segment is expected to witness growth primarily due to vendors, such as HPE, Liqid, and DriveScale with existing products in this market, and newer entrants, such as Dell EMC, whose newly announced products are expected to be introduced in the market in 2019.
Composable infrastructure solutions are out-of-the-box solutions that consolidate major functions of the data center, which include storage, compute, data recovery, and network support. These solutions help banks, and other financial institutions, and financial service providers improve their operational efficiency and productivity. The growing adoption of virtualization and the ever-growing data and data storage needs within the vertical is expected to drive market growth during the forecast period.
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In the composable infrastructure market by region, North America is expected to account for the largest market share. The well-developed digital economy in North America and the expansion of the data center industry are key factors contributing to the growth of the composable infrastructure market in this region. Surging demand for scalability in solutions, reduction in operational expenditure, tax exemptions, and low total ownership cost on IT infrastructure are the prime factors driving the growth of the composable infrastructure market in this region.
Major vendors in the composable infrastructure market include HGST (US), HPE (US), Dell EMC (US), Lenovo (China), DriveScale (US), TidalScale (US), Liqid (US), OSS (US), Cloudistics (US), and QCT (Taiwan).
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