Global Bare Metal Cloud Market: Size & Trends Shows a Rapid Growth by 2028.
The global bare metal cloud market is anticipated to grow at a significant CAGR of 20.4% during the forecast period (2022-2028). The term “metal cloud” refers to the infrastructure as a service (IaaS) offered by the market’s various cloud service providers. Bare metal cloud is a service in that cloud service providers provide dedicated hardware as well as data center networking, storage, and facility to enterprises in order to meet their information technology infrastructure needs. The service is pay-per-use, allowing the enterprise to save money on the high costs of setting up an on-premise data center. The bare metal cloud services are provided without hypervisors, allowing tenants to control the hypervisor as well as the operating system installed directly on the hardware. The increasing need for dedicated servers to reduce latency in operations, the growing number of IoT applications hosted on bare metal clouds. Increased investments in emerging technologies such as IoT, big data, social media, and mobility are the major suchfactors driving the growth of the bare metal cloud market. Rapid advancements in hyper-convergence technology are opening up new market opportunities. However, security concerns during server reclamation are a major restrainin factors to the bare metal cloud market. Running containers and virtual machines on the same bare metal server is threatening a challenge to market growth.
Germany is one of Europe’s prominent adopters and investors in cloud-related businesses. It is also critical to the development of the studied market in Europe. The country has the most data centers and is also making inroads into cloud adoption. Many SMEs in the country are increasing their investments in the cloud computing and services market, that is expected to create a massive opportunity for the region’s market vendors. Germany, along with France, is also working on the European data infrastructure project, that aims to improve regional data and cloud capabilities. The German government is also spearheading the push for Gaia-X, a European cloud network aimed at achieving regional cloud independence attributed to such factors the Europe region is dominating in the market.
The bare metal cloud market is seeing an increase in competition from both start-ups and the globe leading IaaS providers. Furthermore, the market’s leading companies are broadening their addressable markets by expanding their product portfolio, diversifying their client base, and developing new application areas. For instance, in April 2020, IBM Cloud will add AMD’s second-generation server chips to its portfolio. AMD’s 96-core EPYC 7642 processors support up to four terabytes of memory per socket and have a maximum clock speed of 3.3 GHz. The processors will power IBM Cloud’s latest bare-metal offerings, particularly for data analytics, electronic design automation, artificial intelligence (AI), virtualized, and other containerized workloads. The servers are available in IBM data centers across North America, Europe, and Asia-Pacific, and can be rented on a monthly “pay-as-you-go” basis.
Competitive Landscape-
IBM, OVHcloud, CenturyLink, Oracle, Zenlayer, Huawei Cloud, Webair, UKFast, SoftLayer, among others.
By Type
- Private Cloud
- Public Cloud
By Organization Size
- SMEs
- MSMEs
- Large Enterprises
By Application
- AI and Machine Learning
- Servers
- Render Farms
- Building Application
- NoSQL and Relational Databases
- Custom Virtual Environments
- Big Data
By End-User
- BFSI
- Manufacturing
- Government
- Retail
- Healthcare
- IT & Telecommunication
- Others
Scope of the Report
The research study analyzes the Global Bare Metal Cloud industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Bare Metal Cloud Market Report
1. What was the Global Bare Metal Cloud Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Bare Metal Cloud Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Bare Metal Cloud Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Bare Metal Cloud market.
- The market share of the Global Bare Metal Cloud market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Bare Metal Cloud market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Bare Metal Cloud market.
The report will be delivered within 48-72 hours after payment confirmation