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SOURCE Grand View Research, Inc.
SAN FRANCISCO, November 21, 2017 /PRNewswire/ --
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 with TOC on "Bare Metal Cloud Market Analysis By Type (Hardware, Service), By Deployment (Hosted, On-Premise), By Enterprise, By End-use (Advertising, BFSI, Government, Healthcare), By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/bare-metal-cloud-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the bare metal cloud market based on type, deployment, enterprise, end use, and region:
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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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