Major growth strategies adopted by these players are partnerships, collaborations and agreements, and new product launches/product enhancements in Composable Infrastructure Market
The composable infrastructure market size is estimated to be USD 616 million in 2018 and expected to reach USD 5,102 million by 2023, at a Compound Annual Growth Rate (CAGR) of 52.6% during the forecast period. The major factors driving the growth of the composable infrastructure market include growing need to bridge the gap between traditional and new IT infrastructure, growing need for highly scalable data storage solutions, such as composable infrastructure and the growing adoption of virtualization.
The key market players profiled in this report include HGST (US), HPE (US), Dell EMC (US), Lenovo (China), DriveScale (US), TidalScale (US), Liqid (US), OSS (US), Cloudistics (US), and QCT (Taiwan). These players offer various composable infrastructure software and hardware to cater to the demands and needs of the market space. Moreover, these players have adopted various growth strategies, such as mergers and acquisitions; partnerships and agreements; business expansions; and new product launches. The major growth strategies adopted by these players are partnerships, collaborations and agreements, and new product launches/product enhancements.
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Liqid is a provider of composable software technologies and PCI-Express (PCIe) fabrics. Liqid is built on industry-standard data center components to deliver a flexible, scalable architecture built from pools of disaggregated resources. In August 2018, Liqid collaborated with Marvell, a producer of storage, communication, and consumer semiconductor products, to deliver agile, high capacity, ultra-performance solid-state NVMe solutions based on Marvell’s new 88NR2241 intelligent NVMe switch. The Marvell 88NR2241-enabled products from Liqid are expected to provide data centers with enterprise-class storage performance and reliability necessary to bridge the gap between traditional workloads.
Furthermore, Dell EMC delivers and supports IT solutions and services with an array of information infrastructure and virtual infrastructure technologies. Dell EMC has a presence in 86 countries, working closely with a global network of outsourcing, technology, service, system integration, and distribution partners. In August 2018, Dell EMC entered the composable infrastructure market by launching the Dell EMC PowerEdge MX, a modular infrastructure designed to support a wide variety of traditional and emerging data center workloads. PowerEdge MX offers the first modular infrastructure architecture designed to adapt to future technologies and server disaggregation.
Related Reports:
Composable Infrastructure Market by Type (Software and Hardware), Vertical (BFSI, Healthcare, IT and Telecom, Government, Manufacturing), and Region (North America, Europe, Asia Pacific, and RoW) - Global Forecast to 2023
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