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Global bare metal cloud market expected to touch $12 billion by 2025: Research and Markets report

Global bare metal cloud market will reach $12.28 billion by 2025, from just $1.43 billion in 2016, according to a report by Research and Markets.

The bare-metal cloud is a type of public cloud service in which the consumer rents hardware resources from a remote service provider. Enterprises across several industries use bare-metal cloud to reduce costs and to have flexibility in IT environment.

The bare-metal market growth is driven by adoption of technology in several prominent industries including BFSI, IT & telecommunication, government and others.

Further, the demand of opening own data center space by enterprises will also significantly drive the market growth. According to the report, the telecom and OTT service providers were already investing in bare metal cloud to establish their own data center space and increase market share.

Small and medium sized enterprises rely on third-parties for cloud hosting systems, but the large enterprises would opt for their own space in future for better security measures.

With datacenters being used in almost all the industries, the bare-metal cloud technology finds its applications majorly in BFSI, manufacturing, government, technology, IT and telecom, retail, and healthcare.

Also read: Global modular data center market expected to touch $59 billion by 2023: KBV Research

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Datacenter

Global modular data center market expected to touch $59 billion by 2023: KBV Research

Global modular data center market will reach $59.3 billion by 2023, showing a CAGR of 29% during the forecast period (2017-2023), according to a report by KBV Research.

Modular data center is a portable method to deploy the capacity of data centers. It can be deployed anywhere the capacity is needed. Modular data centers come with purpose-built modules and components, to provide scalability with power and cooling options.

  • By Components:

In 2016, the functional module solutions dominated the global module data center market, and is expected to continue its dominance till 2023.

On the other hand, the services market will grow at a CAGR of 33.9% during the forecast period.

  • By Region:

In 2016, North America held the largest share in global modular data center market, and is expected to be a dominant market till 2023. The North America market will witness a CAGR of 28.2% during the forecast period.

Modular data center market in Europe region will grow at a CAGR of 28.9% during the forecast period.

Whereas, APAC region will grow at a CAGR of 32.3% during the forecast period.

  • By Verticals:

In 2016, the BFSI market held the largest share in global data center market, and is expected to dominate the market till 2023. According to the report, BFSI market will grow at a CAGR of 27.5% during the forecast period.

Healthcare market will grow at a CAGR of 28.3% during the forecast period.

Whereas, the retail market is expected to reach $7800.4 million by 2023.

Also read: Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The main companies outlined in the report included HPE, IBM, Cisco, Dell, Vertiv, Schneider Electric SE, Flexenclosure AB, Bladeroom Group, Eaton, and Huawei.

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Datacenter News

Global hyperscale data center market expected to touch $104 billion by 2024: ERC report

Hyperscale data center market is expected to touch $104.8 billion by 2024 from just $23.4 billion in 2016, growing at a CAGR of 20.7% during the forecast period (2017-2024), as per a report by Esticast Research and Consulting.

The hyperscale data centers are used to deal with massive amount of data, storage and networking. The emergence of new entrepreneurs, startups, and small-scale industries, is leading to the development and improvisation of hyperscale data centers.

There are numerous advantages of hyperscale data centers, including remote tech support, supply chain support, efficient and consistent process workflow, and task automation.

  • By user type:

Based on user type, the Cloud Service Provider segment generated the highest revenue in 2016, and is predicted to grow at a CAGR of 21.3% during the forecast period.

Enterprises segment will exhibit the highest CAGR during the forecast period, and is predicted to gain around one-ninth of the total market share by 2024.

  • By Application: 

Based on application, the telecom and IT market segment held the largest market share in global hyperscale market in 2016.

However, the BFSI application segment will dominate the hyperscale data center market by 2024, holding around two-ninth of the total market share. It will grow at a CAGR of 22.70% during the forecast period.

Global hyperscale data center market, 2016 vs. 2024
  • By Region:

North America dominated the hyperscale data center market in 2016, generating a revenue of $8.4 billion. It is expected to hold around one-third of the total market share by 2024, growing at a CAGR of 29.37% during the forecast period.

North American Hyperscale Data Center Market, 2016 vs. 2024

Figure 2North American Hyperscale Data Center Market, 2016 vs. 2024

Asia-Pacific market will generate the highest revenue in hyperscale data center market by 2024, growing at a CAGR of 24%.

  • By component:

Based on component, the Server segment dominated the global hyperscale datacenter market in 2016.

Also read: Why immersion cooling is imminent to power the next generation datacenters?

Avago Technologies, Cavium, Cisco Systems, Ericsson, HP, IBM, Intel, Mellanox Technologies, nlyte Software, and SanDisk LLC are the prominent players in the global hyperscale data center market.

For full report, visit: https://www.esticastresearch.com/market-reports/hyperscale-data-center-market

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Business Cloud Datacenter

Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The global Remote Infrastructure Management (RIM) market is predicted to touch $44.6 billion by 2023, growing at a CAGR of 11.4% during the forecast period (2017-2023), as per a report by KBV Research.

Sometimes the physical infrastructure of an organization is geographically separate from IT management services. In such scenario, the RIM enables organizations to remotely manage the IT infrastructure completely or in parts, like management of desktops, laptops, servers, network services, storage devices, IT security devices, etc.

The economic deployment, limited network downtime, and effective network managements will be the key factors to drive the global RIM market. The other contributors to the market size growth will be high quality of service, better output, and minimized network and data issues.

  • By Core Services:

Based on Core Services, Server Management market was dominated by North America in 2016, and will continue its dominance till 2023, showing a CAGR of 8.5% during the forecast period.

Database Management market was dominated by Europe, and is expected to grow at a CAGR of 8.7% during the forecast period.

Whereas, Storage Management market was dominated by Asia Pacific region, and is expected to grow at a CAGR of 14.1% during the forecast period.

  • By Organization Size:

Large Enterprises held the maximum RIM market by Organization Size in 2016, and are expected to continue to dominate the market till 2023.

Small and Medium Enterprises (SMEs) are expected to grow at a CAGR of 15.6% during the forecast period.

  • By Vertical:

BFSI dominated the global RIM market by Vertical in 2016, and will continue its dominance till 2023, showing a CAGR of 9.3% during the forecast period.

Healthcare market will witness a CAGR of 11% during the forecast period, while Retail market is expected to attain value of $5912.1 million by 2023.

Also read: ‘Data Center Switch’ market expected to touch $18 billion by 2023: KBV Research

Fujitsu, Capgemini, Accenture, Genpact, Nityo Infotech, Sensiple, Rigel Networks, Cognizant, UST Global, and AT&T are the major players in Remote Infrastructure Management market.

For full report, visit: https://kbvresearch.com/remote-infrastructure-management-market/

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Cloud News News Technology

Automation-as-a-service market expected to touch $7 billion by 2023: KBV Research

Automation-as-a-service (AaaS) market is expected to touch $7.4 billion by 2023, growing at a CAGR of 27% during 2017 to 2023, as per a new report from KBV research.

The AaaS helps organizations by automating the business processes, and shifting from slow and manual processes to fast and reliable automated ones. The increasing demand for cloud services and automation, is driving the Automation-as-a-Service market.

  • By component

Based on component, the report segments the market into solutions and services. In 2016, solutions market dominated the global AaaS market worldwide, and is expected to do so till 2023. On the other hand, the services market is expected to show a CAGR of 31.8% during the forecast period (2017-2023).

  • By region

In 2016, North America held the largest market share in Global Operations & IT AaaS, and will continue to dominate till 2023, showing a CAGR of 24.5%.

Europe will grow at a CAGR of 25.5% during the forecast period in finance AaaS market, while APAC region is expected to witness a CAGR of 30.5% in human resource AaaS market.

  • By type

By type, the rule-based automation dominated the market in 2016, and is expected to be a dominant till 2023. While knowledge-based automation will grow at a CAGR of 31.2% during the forecast period.

  • By vertical

Banking, Financial services and Insurance (BFSI) held the largest market share in 2016, and will continue to do so till 2023, showing a CAGR of 24.9%.

Healthcare market is expected to touch $926.9 million by 2023, while retail market will grow at a CAGR of 27.9% during 2017 to 2023.

KBV Research also elaborated profiles of leading companies including IBM, Microsoft, HPE, Pegasystems, Blue Prism, Automation Anywhere, etc. It considered the key strategic developments of these companies including Mergers & Acquisitions, product launches, partnerships, etc.

Also read: 5 Cloud Computing Predictions for 2018 that will define the cloud industry for good

As per the report, Microsoft, IBM, and HPE were forerunners in automation-as-a-service market.

For full report, visit: https://kbvresearch.com/automation-as-a-service-market/