The
global bare metal cloud market is anticipated to reach
USD 26.21 billion by 2025, according to a new report by Grand View Research,
Inc. Factors such as increased demand for secure storage facility and rapid
developments in the cloud industry have encouraged enterprises to switch to
bare metal cloud from conventional cloud services.
Bare
metal cloud solutions are gaining momentum and witnessing a high demand from
enterprises across different industry verticals. These solutions offer manifold
benefits such as efficient data storage, streamlined data center operations,
and faster service delivery through various solutions such as bare metal
compute and storage network. Presently, the rapid uptake of internet and
networking has increased the demand for more storage space, advanced networking
solutions, and high computing power in cloud services.
The
hardware segment dominated the market in 2016. The increased use of compute,
network, and storage facilities to virtualize data centers is driving the
hardware market. Moreover, the accelerated use of internet-based technologies
and electronic devices is expected to further propel the market growth.
The
maintenance service segment is anticipated to witness substantial growth owing
to the need for regular maintenance post installation. The demand for these
services is expected to increase over the forecast period. The increasing
advancements in cloud services are encouraging providers to introduce new
updates in minimal time with better quality. This is further creating an
opportunity for market growth.
Browse full
research report on Bare Metal Cloud Market: www.grandviewresearch.com/industry-analysis/bare-metal-cloud-market
Further
Key findings from the study suggest:
- The demand for bare metal cloud has increased
over the years, owing to the increasing significance of data security and
rising adoption of advanced cloud services along with advanced
authentication support.
- The U.S. government is investing considerable
amount of monetary and non-monetary resources to encourage the adoption of
cloud services across various sectors and carry out initiatives such as
smart cities.
- The increasing use of cloud and internet-based
technology in Canada has triggered the adoption of bare metal cloud
services in businesses of all sizes.
- Factors such as high demand for cloud-based
services and automated storage adoption by small- and mid-sized companies
are expected to be the key trends influencing the market growth.
- Key players in the market include IBM Corporation,
Oracle Corporation, and Rackspace Inc., among others.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the bare metal cloud market based on type,
deployment, enterprise, end use, and region:
Type
Outlook (Revenue, USD Million; 2014 - 2025)
- Hardware
- Bare
Metal Compute
- Bare
Metal Network
- Bare
Metal Storage
- Service
- Integration
& Migration
- Consulting
& Assessment
- Maintenance
Services
Deployment
Outlook (Revenue, USD Million; 2014 - 2025)
- Hosted
- On-Premise
Enterprise
Outlook (Revenue, USD Million; 2014 - 2025)
- Large
Enterprise
- Small
& Medium Enterprise
End-use
Outlook (Revenue, USD Million; 2014 - 2025)
- Advertising
- BFSI
- Government
- Healthcare
- Manufacturing
- Telecom
& IT
- Others
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Asia
Pacific
- Australia
- Japan
- India
- South
America
- Brazil
- Middle
East & Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-bare-metal-cloud-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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