The Next Big Thing in Bare Metal Cloud Market 2019-2023
Bare metal cloud is a non-virtualized cloud alternative that is implemented for data-intensive computing operations and for enhancing organizations’ data storage capacity to deliver high-performance workloads across heterogeneous platforms.
Bare metal could also increase accuracy in operations and enhances security by combining the elasticity and the utility of public clouds.
Power consumption by bare metal cloud has increased considerably as it uses large storage systems. Hence, enterprises are looking to build a bare metal cloud infrastructure that is energy efficient and can minimize the environmental impact. Green data centers use low-emission building materials, heat-pumps, photovoltaic, and evaporative cooling to create sustainable ecosystems, through efficient waste recycling mechanism. Concepts such as free cooling, application of renewable energy sources, and waste recycling have been implemented in green data centers.
Many vendors such as Oracle and Dell Inc. are working on reducing electricity and water use at bare metal data centers to improve the overall environmental credentials and lower the operational cost. Moreover, green bare metal data centers provide employees a healthy work environment and enhance relations with local communities and environmentalists. Hence, the green bare metal data centers is expected to be a key trend in the global bare metal cloud market to grow at a CAGR of 37.35% during the forecast period.
Top companies covered in the bare metal cloud market research report
The bare metal cloud market is moderately fragmented. Several companies are focusing on the adoption of hybrid bare metal cloud storage systems because of its several benefits such as improved data management, enhanced IT infrastructure management and flexibility, and better security and compliance. The market industry analysis report will allow the clients to assess the market potential and design innovative strategies to strengthen their market position, by providing a complete analysis of the market’s competitive landscape and with information on the products offered by companies.
The report offers a complete analysis of several vendors including:
The shift from CAPEX model to OPEX model is one of the key factors driving the bare metal cloud market growth during the forecast period. Several companies are focusing on using flexible IT solutions because of the rising cost pressure. The demand for bare-metal cloud services is increasing among end-user industries because it is based on the OPEX model which does not have any fixed upfront cost as compared to CAPEX model. The client will only pay for what they use on a monthly or an hourly basis. The increasing adoption of bare metal cloud services among clients will drive the market during the forecast period.
Furthermore, the rise in adoption of hybrid bare metal cloud storage systems is one of the key trends expected to gain traction in the market. The hybrid bare metal cloud systems provide both on-premises and cloud-based bare metal data center storage systems for efficient operations. It also provides flexibility to the organization in selecting a solution to choose the right cloud deployment model for each workgroup. Organizations realize that their application will give a competitive advantage to their business solutions. The market will register a CAGR of over 37%. However, the market’s momentum will decelerate in the coming years because of the decrease in year-over-year growth
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