Composable Infrastructure Market, By Type (Software and Hardware), By Vertical (BFSI, Healthcare, IT & Telecom, Government, and Manufacturing), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI208819 | Publish Date: May 2024 | No. of Pages: 169

Global Composable Infrastructure Market Market Size

MArket Size - Composable Infrastructure Market

At US$ 3.67 billion in 2020, the Composable Infrastructure Market is expected to grow at a compound annual growth rate (CAGR) of 19.8% to reach US$ 22 billion by 2030.

A framework known as "composable infrastructure" allows device resources to be treated as services by separating them. Device resources that can be viewed as services include physical computing, storage, and network fabric resources. It is a principle of system design that addresses how components relate to one another. Every part of this architecture is changeable, scalable, pluggable, and capable of constant improvement through agile development to satisfy changing business needs. The capacity to store and distribute various resources to distant computers or devices is a requirement for composable data and infrastructures. This implies that software programs or information sets are only made available upon end-user request.