A Look into Bare Metal Cloud Industry……Deep Analysis…..


The global bare metal cloud market size is anticipated to reach USD 26.21 billion by 2025, expanding at a CAGR of 38.4%, 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.
Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) solutions are anticipated to substantially contribute while responding to the COVID-19 pandemic and address continuously evolving challenges. The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. The insurance industry is expected to confront the pressure associated with cost-efficiency. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. The report will account for Covid19 as a key market contributor.
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.
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The global bare metal cloud market size was valued at USD 1,326.9 million in 2016 and is estimated to grow significantly over the next eight years. The increased demand for cost-effective hosted services to achieve enhanced performance, streamlined data operations, and data security would lead to a higher adoption of bare metal cloud in various verticals in the near future. Currently, the global market is driven by telecom & IT due to the growing big data and increasing demand for effective storage. However, advertising is the most lucrative end use segment and this trend is expected to continue over the forecast period.
Further key findings from the report 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 bare metal cloud market growth.
·         Key players in the market include IBM Corporation, Oracle Corporation, and Rackspace Inc., among others.
Bare metal cloud offers several advantages such as enhanced security, easy maintenance of records, monitoring activities in commercial & residential areas, and empowering nations against terrorism & external threats at different locations. The adoption of hosted services is significantly high in the telecom & IT end use industry, owing to the increased demand for virtual storage facility.
Factors such as increased demand for secure storage facility and rapid developments in the cloud industry have propelled enterprises to switch from traditional hosting services to bare metal cloud. Major benefits of bare metal cloud include effective service delivery, data security, improved performance, and standardized hardware platforms.
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. Additionally, the increasing demand for secure platforms with efficient business processes and IT services has further driven the market growth.
The hardware segment is expected to grow over the forecast period, owing to increased use of compute, network, and storage facilities to virtualize data centers. Moreover, the installation of these systems helps in the easy integration of system data with hardware, thereby allowing centralization of infrastructure with enhanced security. The accelerated use of internet-based technologies and electronic devices is expected to further drive bare metal cloud market growth.
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Grand View Research has segmented the global bare metal cloud market based on type, deployment, enterprise, end use:
Bare Metal Cloud Type Outlook (Revenue, USD Million; 2014 - 2025)
·         Hardware
o    Bare Metal Compute
o    Bare Metal Network
o    Bare Metal Storage
·         Service
o    Integration & Migration
o    Consulting & Assessment
o    Maintenance Services
Bare Metal Cloud Deployment Outlook (Revenue, USD Million; 2014 - 2025)
·         Hosted
·         On-Premise
Bare Metal Cloud Enterprise Outlook (Revenue, USD Million; 2014 - 2025)
·         Large Enterprise
·         Small & Medium Enterprise
Bare Metal Cloud End-use Outlook (Revenue, USD Million; 2014 - 2025)
·         Advertising
·         BFSI
·         Government
·         Healthcare
·         Manufacturing
·         Telecom & IT
·         Others
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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