Bare Metal Cloud Market, Several Upcoming Update Industry Research A CAGR And Industry COVID – 19 Impact, Regional Analysis and Forecasts By 2027
Market Overview
According to
Market Research Future (MRFR), the global Bare
Metal Cloud Market is expected to expand from
USD 1.52 billion in 2020 to USD 7.73 billion by 2027, with a CAGR of 31.12%
from 2020 to 2027 (forecast period). The report offers a systematic and
rigorous evaluation of the effect of COVID 19 on current and future economic
conditions. The report addresses some of the key market factors that will
impact the growth of the sector, such as market share, the emerging region, and
key players.
Bare Metal
Cloud is a public cloud service alternative built directly on hardware without
the need for virtualization. It is primarily used to improve storage capacity,
conduct data-intensive computing operations, and deliver efficient
high-performance, latency-sensitive workloads across multiple platforms.
A bare metal
cloud server is provided via a Metal-as-a-Service (MaaS) model dedicated to a
single tenant. Workloads are deployed in this cloud type to servers that are
pre-configured with client-specific specifications and performance capacity.
Bare metal cloud servers offer high performance, high availability, and
cost-effective infrastructure services.
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Market Dynamics
Rising use of
data-intensive applications that are latency sensitive, increasing demand for
flexible, effective, and on-demand cloud service applications, and the need for
increased processing power and input/output operations per second are some of
the factors stimulating the expansion of the Bare Metal Cloud Market.
Market Segmentation
The global
market for bare metal cloud has been segmented based on service type,
organization type, and vertical.
Based on the
service type, the global bare metal cloud market has been segmented into
database services, computing services, networking services, identity, and
access management services, volume and object storage services, and others.
Computing services are the most common bare metal cloud service among cloud-based
companies that ensure the proper functioning of their data center operations.
Computing services include data-intensive computing operations,
mission-critical applications, large Random-Access Memory (RAM) &
Non-Volatile Express Memory (NVMe), and Solid-State Drives (SSDs).
Based on
organization type, the global bare metal cloud market has been segmented into
small and medium enterprises and large enterprises.
On the basis
of vertical, the global bare metal cloud market has been segmented into BFSI,
government, manufacturing, healthcare, IT and telecommunication, retail, and
others.
Regional Analysis
The
geographical analysis of the global bare metal cloud market is done for Europe,
Asia Pacific (APAC), North America, and the rest of the world.
North America,
trailed by Europe, is projected to dominate the bare metal cloud market, as
these regions are sustainable and well-established economies that invest
extensively in emerging technologies like Internet of Things (IoT), DevOps, Big
Data, Mobility and Social Media. In addition, public sector cloud initiatives
such as CloudFirst and the trusted cloud will drive growth in these regions
during the forecast period.
Asia Pacific
is set to rise at the highest CAGR during the forecast period due to
significant cloud initiatives undertaken by various countries such as
Australia, China, and Singapore (G-Cloud)
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Key Players
The industry
giants in the bare metal cloud market are significant vendors such as IBM
Corporation (U.S.), Internap Corporation (U.S.), Oracle Corporation (U.S.),
CenturyLink, Inc. (U.S.), and Rackspace Hosting, Inc. (U.S.). The other
critical innovators in the market are Dell Technologies, Inc., Scaleway Inc.,
Spotinst, Joyent, Inc., Bigstep, and Strom.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
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