Press release

Global Bare Metal Cloud Market 2019-2023 | Rise in Adoption of Hybrid Bare Metal Cloud Storage Systems to Boost Growth | Technavio

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The global bare metal cloud market is expected to post an incremental growth of USD 4.69 billion during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global bare metal cloud market 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global bare metal cloud market 2019-2023. (Graphic: Business Wire)

Bare metal cloud solutions offer flexibility as they are available in three deployment models, such as public cloud, private cloud, and hybrid cloud. This enables organizations to build their cloud-based infrastructure based on business requirements. Bare metal cloud solutions are also available in pay-per-use model and have no fixed upfront costs, which is attracting end-users. With growing shift from CAPEX model to OPEX model, the demand for bare metal cloud is expected to increase during the forecast period.

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As per Technavio, the rise in the adoption of hybrid bare metal cloud storage systems will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

Global Bare Metal Cloud Market: Rise in the Adoption of Hybrid Bare Metal Cloud Storage Systems

Hybrid bare metal cloud storage systems provide both on-premise and cloud-based bare metal data center storage systems to improve efficiencies of operations. They also offer benefits such as enhanced data management, improved IT infrastructure management, and better security and compliance. Owing to many such advantages, organizations are increasingly adopting hybrid bare metal cloud storage systems. This is expected to boost the growth of the global bare metal cloud market during the forecast period.

“Emergence of hyper-convergence technology, green bare metal data centers, and increasing adoption of centralized and micro-mobile data centers will further boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global Bare Metal Cloud Market: Segmentation Analysis

This market report segments the global bare metal cloud market by end-users (BFSI, government, IT and telecom, healthcare, and others) and geography (APAC, Europe, MEA, North America, and South America).

The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA, respectively. During the forecast period, the North American region is expected to maintain its dominance over the global market. This is due to the increased adoption of secured cloud services in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.