The Latin America, Middle East and Africa Composable Applications Market would witness market growth of 20.8% CAGR during the forecast period (2023-2029).
Composable infrastructure offers numerous advantages to businesses, including increased operational effectiveness, lower capital expenses, an adaptable framework, and automation. All of these elements are accelerating the expansion of this sector. Moreover, adding hardware individually while using composable infrastructure is unnecessary because all Information Technology (IT) necessities may be managed from a single location. For this reason, the idea of a composable application is currently flourishing.
Composable systems provide on-demand deployment using chosen templates, improved IT resource use, and quicker application innovation. During the projected period, the market is anticipated to grow due to these improvements in composable infrastructures. In addition, organizations are increasing their investment in storage resources due to the falling cost of solid-state drives and the development of new technologies like 5D memory crystals. A better customer experience is also being delivered by every industry sector in the modern day, which makes it crucial for enterprises to handle and secure data properly.
With a record $3.9 billion in sales in 2020, the UAE will dominate the Gulf Cooperation Council (GCC) in eCommerce sales, accounting for 10% of total retail sales. In 2020, the market in the UAE expanded by 53%. Online shoppers from the Middle East are increasingly embracing cross-border eCommerce. Internet users in the UAE made 58% of their purchases from international merchants because they believed in the gateway's security. The Middle East and North Africa (MENA) region has seen a sharp surge in cosmetics and personal care product sales. The MENA region has experienced some of the fastest growth in recent years regarding the online demand for cosmetics & personal care goods. This is anticipated to aid the market's regional expansion.
The Brazil market dominated the LAMEA Composable Applications Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $226 million by 2029. The Argentina market is experiencing a CAGR of 21.5% during (2023 - 2029). Additionally, The UAE market would exhibit a CAGR of 20.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Composable Applications Market, by Offering
1.4.2 LAMEA Composable Applications Market, by Vertical
1.4.3 LAMEA 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. LAMEA Composable Applications Market by Offering
3.1 LAMEA Platform Market by Country
3.2 LAMEA Services Market by Country
Chapter 4. LAMEA Composable Applications Market by Vertical
4.1 LAMEA BFSI Market by Country
4.2 LAMEA IT & ITeS Market by Country
4.3 LAMEA Retail & Ecommerce Market by Country
4.4 LAMEA Manufacturing Market by Country
4.5 LAMEA Healthcare & Lifesciences Market by Country
4.6 LAMEA Government Market by Country
4.7 LAMEA Energy & Utilities Market by Country
4.8 LAMEA Others Market by Country
Chapter 5. LAMEA Composable Applications Market by Country
5.1 Brazil Composable Applications Market
5.1.1 Brazil Composable Applications Market by Offering
5.1.2 Brazil Composable Applications Market by Vertical
5.2 Argentina Composable Applications Market
5.2.1 Argentina Composable Applications Market by Offering
5.2.2 Argentina Composable Applications Market by Vertical
5.3 UAE Composable Applications Market
5.3.1 UAE Composable Applications Market by Offering
5.3.2 UAE Composable Applications Market by Vertical
5.4 Saudi Arabia Composable Applications Market
5.4.1 Saudi Arabia Composable Applications Market by Offering
5.4.2 Saudi Arabia Composable Applications Market by Vertical
5.5 South Africa Composable Applications Market
5.5.1 South Africa Composable Applications Market by Offering
5.5.2 South Africa Composable Applications Market by Vertical
5.6 Nigeria Composable Applications Market
5.6.1 Nigeria Composable Applications Market by Offering
5.6.2 Nigeria Composable Applications Market by Vertical
5.7 Rest of LAMEA Composable Applications Market
5.7.1 Rest of LAMEA Composable Applications Market by Offering
5.7.2 Rest of LAMEA 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 LAMEA Composable Applications Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Composable Applications Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 4 LAMEA Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 5 LAMEA Platform Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Platform Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Services Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 10 LAMEA Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 11 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA BFSI Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA IT & ITeS Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA IT & ITeS Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Healthcare & Lifesciences Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Government Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Government Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Composable Applications Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Composable Applications Market by Country, 2023 - 2029, USD Million
TABLE 29 Brazil Composable Applications Market, 2019 - 2022, USD Million
TABLE 30 Brazil Composable Applications Market, 2023 - 2029, USD Million
TABLE 31 Brazil Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 32 Brazil Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 33 Brazil Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 34 Brazil Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 35 Argentina Composable Applications Market, 2019 - 2022, USD Million
TABLE 36 Argentina Composable Applications Market, 2023 - 2029, USD Million
TABLE 37 Argentina Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 38 Argentina Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 39 Argentina Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 40 Argentina Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 41 UAE Composable Applications Market, 2019 - 2022, USD Million
TABLE 42 UAE Composable Applications Market, 2023 - 2029, USD Million
TABLE 43 UAE Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 44 UAE Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 45 UAE Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 46 UAE Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 47 Saudi Arabia Composable Applications Market, 2019 - 2022, USD Million
TABLE 48 Saudi Arabia Composable Applications Market, 2023 - 2029, USD Million
TABLE 49 Saudi Arabia Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 50 Saudi Arabia Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 51 Saudi Arabia Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 53 South Africa Composable Applications Market, 2019 - 2022, USD Million
TABLE 54 South Africa Composable Applications Market, 2023 - 2029, USD Million
TABLE 55 South Africa Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 56 South Africa Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 57 South Africa Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 58 South Africa Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 59 Nigeria Composable Applications Market, 2019 - 2022, USD Million
TABLE 60 Nigeria Composable Applications Market, 2023 - 2029, USD Million
TABLE 61 Nigeria Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 62 Nigeria Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 63 Nigeria Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 64 Nigeria Composable Applications Market by Vertical, 2023 - 2029, USD Million
TABLE 65 Rest of LAMEA Composable Applications Market, 2019 - 2022, USD Million
TABLE 66 Rest of LAMEA Composable Applications Market, 2023 - 2029, USD Million
TABLE 67 Rest of LAMEA Composable Applications Market by Offering, 2019 - 2022, USD Million
TABLE 68 Rest of LAMEA Composable Applications Market by Offering, 2023 - 2029, USD Million
TABLE 69 Rest of LAMEA Composable Applications Market by Vertical, 2019 - 2022, USD Million
TABLE 70 Rest of LAMEA 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 LAMEA Composable Applications Market Share by Offering, 2022
FIG 3 LAMEA Composable Applications Market Share by Offering, 2029
FIG 4 LAMEA Composable Applications Market by Offering, 2019 - 2029, USD Million
FIG 5 LAMEA Composable Applications Market Share by Vertical, 2022
FIG 6 LAMEA Composable Applications Market Share by Vertical, 2029
FIG 7 LAMEA Composable Applications Market by Vertical, 2019 - 2029, USD Million
FIG 8 LAMEA Composable Applications Market Share by Country, 2022
FIG 9 LAMEA Composable Applications Market Share by Country, 2029
FIG 10 LAMEA 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