The Asia Pacific Composable Applications Market would witness market growth of 18.1% CAGR during the forecast period (2023-2029).
Composable applications allow optimization at the level of every node, enabling producers to know where opportunities exist. Manufacturers can benefit in a way that goes beyond their expectations. Manufacturers may test hypotheses with results generated by predictive data due to advanced analytics driven by AI and ML built-in. The main advantage of composable applications for an organization is low code. These applications usually consist of minimal to no code, making it simple for them to tackle the complicated issues faced by enterprises that use various technologies.
As a result, companies can effectively connect various software silos together on a simple level. Most development-related factors, including databases, mainframe systems, etc., may be effectively controlled. In the coming years, low code will rank among the most crucial technologies to invest in. eCommerce businesses established utilizing the conventional, monolithic method of software development faced several difficulties, such as dependence on a single vendor. Furthermore, altering shifting consumer behavior or new market trends was difficult and expensive. Because of this, many merchants are moving their e-commerce apps toward a composable, cloud-first, and API-first approach right now. With this strategy, they can choose the best software components and merge them into a composable e-commerce system.
Government initiatives promoting the development of IoT infrastructures and smart cities support regional market expansion. Demand for digitalization is also driven in the Asia Pacific region by expanding IoT device deployment in the manufacturing sector. The growth of the Internet of Things (IoT), utilized in sectors ranging from aviation to the automobile, is facilitated by the pervasiveness of smartphones, the rise of emerging technologies like AI, ML, and blockchain, and the increased use of the Internet. As a result, the regional market is anticipated to increase due to increasing digitization in the region.
The China market dominated the Asia Pacific Composable Applications Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $995.9 million by 2029. The Japan market is estimated to grow a CAGR of 17.4% during (2023 - 2029). Additionally, The India market would experience a CAGR of 18.8% during (2023 - 2029).
Based on Offering, the market is segmented into Platform and Services. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & Ecommerce, Manufacturing, Healthcare & Lifesciences, Government, Energy & Utilities and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Composable Applications Market is Projected to reach USD 13.1 Billion by 2029, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Salesforce, Inc., Informatica, LLC, Software AG, Nutanix, Inc., Juniper Networks, Inc., Lenovo Group Limited, Western Digital Corporation, Hewlett-Packard Enterprise Company, NetApp, Inc. and Dell Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Vertical
- BFSI
- IT & ITeS
- Retail & Ecommerce
- Manufacturing
- Healthcare & Lifesciences
- Government
- Energy & Utilities
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Salesforce, Inc.
- Informatica, LLC
- Software AG
- Nutanix, Inc.
- Juniper Networks, Inc.
- Lenovo Group Limited
- Western Digital Corporation
- Hewlett-Packard Enterprise Company
- NetApp, Inc.
- Dell Technologies, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Composable Applications Market, by Offering
1.4.2 Asia Pacific Composable Applications Market, by Vertical
1.4.3 Asia Pacific Composable Applications Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Composable Applications Market by Offering
3.1 Asia Pacific Platform Market by Country
3.2 Asia Pacific Services Market by Country
Chapter 4. Asia Pacific Composable Applications Market by Vertical
4.1 Asia Pacific BFSI Market by Country
4.2 Asia Pacific IT & ITeS Market by Country
4.3 Asia Pacific Retail & Ecommerce Market by Country
4.4 Asia Pacific Manufacturing Market by Country
4.5 Asia Pacific Healthcare & Lifesciences Market by Country
4.6 Asia Pacific Government Market by Country
4.7 Asia Pacific Energy & Utilities Market by Country
4.8 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Composable Applications Market by Country
5.1 China Composable Applications Market
5.1.1 China Composable Applications Market by Offering
5.1.2 China Composable Applications Market by Vertical
5.2 Japan Composable Applications Market
5.2.1 Japan Composable Applications Market by Offering
5.2.2 Japan Composable Applications Market by Vertical
5.3 India Composable Applications Market
5.3.1 India Composable Applications Market by Offering
5.3.2 India Composable Applications Market by Vertical
5.4 South Korea Composable Applications Market
5.4.1 South Korea Composable Applications Market by Offering
5.4.2 South Korea Composable Applications Market by Vertical
5.5 Singapore Composable Applications Market
5.5.1 Singapore Composable Applications Market by Offering
5.5.2 Singapore Composable Applications Market by Vertical
5.6 Malaysia Composable Applications Market
5.6.1 Malaysia Composable Applications Market by Offering
5.6.2 Malaysia Composable Applications Market by Vertical
5.7 Rest of Asia Pacific Composable Applications Market
5.7.1 Rest of Asia Pacific Composable Applications Market by Offering
5.7.2 Rest of Asia Pacific Composable Applications Market by Vertical
Chapter 6. Company Profiles
6.1 Salesforce, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.1.6 SWOT Analysis
6.2 Dell Technologies, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.6 SWOT Analysis:
6.3 NetApp, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Hewlett Packard Enterprise Company
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.4.5 SWOT Analysis
6.5 Western Digital Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Partnerships, Collaborations, and Agreements:
6.5.5.2 Product Launches and Product Expansions:
6.6 Software AG
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Nutanix, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Research & Development Expenses
6.8 Lenovo Group Limited
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Juniper Networks, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expenses
6.10. Informatica, LLC
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses
TABLE 1 Asia Pacific Composable Applications Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Composable Applications Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Platform Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Platform Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Services Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 11 Asia Pacific BFSI Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific BFSI Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific IT & ITeS Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific IT & ITeS Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Healthcare & Lifesciences Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Government Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Government Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Composable Applications Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Composable Applications Market by Country, 2023 - 2029, USD Million
TABLE 29 China Composable Applications Market, 2019 - 2022, USD Million
TABLE 30 China Composable Applications Market, 2023 - 2029, USD Million
TABLE 31 China Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 32 China Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 33 China Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 34 China Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 35 Japan Composable Applications Market, 2019 - 2022, USD Million
TABLE 36 Japan Composable Applications Market, 2023 - 2029, USD Million
TABLE 37 Japan Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 38 Japan Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 39 Japan Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 40 Japan Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 41 India Composable Applications Market, 2019 - 2022, USD Million
TABLE 42 India Composable Applications Market, 2023 - 2029, USD Million
TABLE 43 India Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 44 India Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 45 India Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 46 India Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 47 South Korea Composable Applications Market, 2019 - 2022, USD Million
TABLE 48 South Korea Composable Applications Market, 2023 - 2029, USD Million
TABLE 49 South Korea Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 50 South Korea Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 51 South Korea Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 52 South Korea Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 53 Singapore Composable Applications Market, 2019 - 2022, USD Million
TABLE 54 Singapore Composable Applications Market, 2023 - 2029, USD Million
TABLE 55 Singapore Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 56 Singapore Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 57 Singapore Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 58 Singapore Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 59 Malaysia Composable Applications Market, 2019 - 2022, USD Million
TABLE 60 Malaysia Composable Applications Market, 2023 - 2029, USD Million
TABLE 61 Malaysia Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 62 Malaysia Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 63 Malaysia Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 64 Malaysia Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 65 Rest of Asia Pacific Composable Applications Market, 2019 - 2022, USD Million
TABLE 66 Rest of Asia Pacific Composable Applications Market, 2023 - 2029, USD Million
TABLE 67 Rest of Asia Pacific Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 68 Rest of Asia Pacific Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 69 Rest of Asia Pacific Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 70 Rest of Asia Pacific Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 71 Key Information – Salesforce, Inc.
TABLE 72 Key Information – Dell Technologies, Inc.
TABLE 73 Key Information – NetApp, Inc.
TABLE 74 key information – Hewlett Packard Enterprise Company
TABLE 75 Key Information – Western Digital Corporation
TABLE 76 key information – Software AG
TABLE 77 Key Information – Nutanix, Inc.
TABLE 78 Key Information – Lenovo Group Limited
TABLE 79 Key Information – Juniper Networks, Inc.
TABLE 80 key information – Informatica, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Composable Applications Market Share by Offering, 2022
FIG 3 Asia Pacific Composable Applications Market Share by Offering, 2029
FIG 4 Asia Pacific Composable Applications Market by Offering, 2019 - 2029, USD Million
FIG 5 Asia Pacific Composable Applications Market Share by Vertical, 2022
FIG 6 Asia Pacific Composable Applications Market Share by Vertical, 2029
FIG 7 Asia Pacific Composable Applications Market by Vertical, 2019 - 2029, USD Million
FIG 8 Asia Pacific Composable Applications Market Share by Country, 2022
FIG 9 Asia Pacific Composable Applications Market Share by Country, 2029
FIG 10 Asia Pacific Composable Applications Market by Country, 2019 - 2029, USD Million
FIG 11 SWOT Analysis: Salesforce.com, Inc.
FIG 12 SWOT Analysis: Dell Technologies, Inc.
FIG 13 SWOT Analysis: NetApp, INC.
FIG 14 SWOT analysis: Hewlett-Packard enterprise Company