Bare Metal Cloud Market to Showcase High Growth; to cross USD 26,500 MN Mark by 2027
Posted On January 06, 2021
During the period of 2020-2026 it is expected that the Global Bare Metal Cloud Market will showcase a CAGR of 38%. The market is foreseen to reach USD 21,446 MN by 2026 as stated in the published market study by Value Market Research. Bare metal cloud is a customizable public cloud service where hardware resources are rented from a service provider. Growing demands for flexible, scalable, and efficient public cloud infrastructure by business organizations will be the key driving force for this market's growth. The increased preference for single-tenant clouds and the elimination of noisy neighborhoods, especially in application architectures demanding high data throughput levels, will benefit market growth. The increased popularity of big data applications and data becoming the most valuable resource will boost the market growth. The opportunity for cutting IT costs by capitalizing on the current technology innovations will be a market booster. This market's significant drawbacks are the uneconomical nature of the single-tenant service model and wastage of resources.
Bare metal cloud is a non-virtualized public cloud service that offers a dedicated server environment. This single-tenant service is a subset of the Infrastructure-as-a-Service (IaaS) cloud computing model and relies on physical machines to deliver high performance, flexibility, scalability, and efficiency. These servers do not run a hypervisor and can be delivered via a cloud-like service model. A bare-metal cloud instance can be decommissioned or provisioned via an API or a web-based portal. This service model is best suited to perform short-term, data-intensive functions like big data applications, media encoding, or render farms.
The initial sections of the report "Global Bare Metal Cloud Market Report By Type (Hardware, Service), By Deployment (Hosted, On-Premise), By Enterprise (Large Enterprise, Small & Medium Enterprise), By End-Use (Advertising, BFSI, Government, Healthcare, Manufacturing, Telecom & IT, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The bare metal cloud market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of Type the market is segmented into Hardware, Service. By Deployment the bare metal cloud market is categorised as Hosted, On-premise. By Enterprise the bare metal cloud market is categorised as Large Enterprise, Small & Medium Enterprise. Based on End-Use the bare metal cloud market is segmented as Advertising, BFSI, Government, Healthcare, Manufacturing, Telecom & IT, Others. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Bare Metal Cloud Market -
- Bare Metal Compute
- Bare Metal Network
- Bare Metal Storage
- Integration & Migration
- Consulting & Assessment
- Maintenance Services
- Large Enterprise
- Small & Medium Enterprise
- Telecom & IT
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Oracle Corporation, IBM Corporation, Internap Corporation, Rackspace Inc., Centurylink Inc., Packet, Limestone Networks Inc., Datapipe, Inc., Scaleway, and Bigstep Technologies Pvt. Ltd.
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