The Europe Composable Infrastructure Market would witness market growth of 20.1% CAGR during the forecast period (2021-2027).
The management of physical workload is decreased with the help of composable infrastructure and also it provides solutions and support with remote reconfiguration through software and without any movement of physical systems and assets. These benefits offered by CI are augmenting the growth of the composable infrastructure market. Other factors like growing adoption of virtualization, low Capex and opex of composable infrastructure, the rising requirement for data storage, and highly scalable data storage solutions like composable infrastructure are witnessed to fuel the growth of the composable infrastructure market.
In Europe, composable systems are appealing for enterprise data centers as they allow infrastructure to be precisely tailored to particular workloads. In addition, a single composable infrastructure when encompassing a half dozen servers or several racks could power a database requiring predictable performance using multiple dedicated CPUs. The flexibility provided by CI means that composable systems can achieve much higher levels of resource utilization yielding efficiency improvements with significant ROI.
Composable infrastructure is a major part of the composable enterprise trend in this region. In which, composable enterprise infrastructure provides another way to adapt the enterprise to a cloud-native world. In Europe, composable infrastructure has gained popularity among companies as it is similar to cloud adoption and offers agility to the companies. Also, after its implementation, private data centers and servers run more efficiently than the other private cloud services. A single composable infrastructure is placed inside premises, which treats each part of IT infrastructure as a separate application. Thus, these factors are witnessed to drive the demand for composable infrastructure, thereby leading to propelling the growth of the composable infrastructure market.
The Germany market dominated the Europe Healthcare Composable Infrastructure Market by Country 2020, thereby, achieving a market value of $114.8 million by 2027. The UK market is experiencing a CAGR of 19.7% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 21.4% during (2021 - 2027).
Based on Component, the market is segmented into Hardware and Software. Based on Industry Vertical, the market is segmented into IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Manufacturing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Composable Infrastructure Market Size will Hit $13.5 Billion by 2027, at a CAGR of 21%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company, NetApp, Inc., Dell Technologies, Inc., Lenovo Group Limited, Nutanix, Inc., Juniper Networks, Inc., Western Digital Corporation, TidalScale, Quanta Cloud Technology LLC (Quanta Computer, Inc.) and One Stop Systems, Inc.
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