Composable Infrastructure Market Size, Share, Growth Analysis, By Type(Hardware and Software), By Vertical(BFSI, IT & Telecommunication, Government, Healthcare), By Region - Industry Forecast 2024-2031

Global Composable Infrastructure Market size was valued at USD 6.06 billion in 2023 and is poised to grow from USD 9.11 billion in 2024 to USD 158.68 billion by 2031, growing at a CAGR of 50.40% during the forecast period (2024-2031).

Global Composable Infrastructure Market is poised for growth due to the increasing demand for efficient application performance and business analytics workloads. Composable infrastructures have played a crucial role during this period by enabling firms to virtualize their entire IT infrastructure and adapt to flexible and adaptive solutions, thus boosting market growth. Composable infrastructure has become essential for organizations in supporting remote working cultures, enhancing task synchronization, and improving overall efficiency. Hewlett Packard Enterprise (HPE) introduced the HPE SimpliVity 325 Gen 10 Hyper-Converged Infrastructure (HCI) solution to facilitate the remote workforce and reduce costs. Simplifying infrastructure complexities and offering a unified model across the enterprise have also contributed to the market's growth. Composable infrastructure enables automatic integration and seamless operations, allowing organizations to foster open learning environments while minimizing the need for extensive staff training. The growing concerns regarding data security have driven organizations to adopt composable infrastructure solutions, as they provide on-premise data protection. Additionally, the need to bridge the IT productivity gap and efficiently manage available resources has fueled market demand. Composable infrastructure allows resource pooling without altering the existing IT infrastructure, thanks to its programmable control capabilities and unified management interface. Composable infrastructure eliminates the need for separately managing physical workloads, offering remote reconfiguration of physical assets and systems. The market has also been supported by the increasing consolidation of data centers and the adoption of DevOps agility. As a result, organizations can deliver previously siloed systems and operations as a service using composable infrastructure. Many IT and telecom enterprises are turning to composable infrastructure solutions to accelerate their processes, data management, and innovation. Conventional bare-metal and virtualization approaches are insufficient for their needs. Composable infrastructure solutions, such as those provided by Liqid Inc., offer cloud-like agility and enable resource utilization at any scale. Features like infrastructure on demand, ease of use, nimbleness, and built-in automation and orchestration are expected to drive market growth.