The Bare Metal Cloud Market's rapid growth is driven by multinational corporations' preference for high-performance, secure, and compliant solutions. As businesses increasingly integrate big data and IOT into their operations, the demand for reliable infrastructure rises, further propelling the market's expansion worldwide. The appeal of bare metal cloud lies in its ability to provide consistent and powerful computing capabilities, meeting the needs of modern enterprises. This growth trend is expected to yield significant revenue gains throughout the forecast period of 2022 to 2029
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-bare-metal-cloud-market
Data Bridge Market Research analyses that the global bare metal cloud market was valued at USD 5.54 billion in 2021 and is expected to reach USD 29.00 billion by 2029, registering a CAGR of 23.00% during the forecast period of 2022-2029. The high performance and customizability of bare metal cloud services are significant drivers of the market. They provide users with the ability to optimize hardware configurations for their specific workloads, resulting in improved efficiency and better overall performance, attracting businesses seeking high-performance computing solutions.
Key Findings of the Study
Growing demand for big data and analytics applications is expected to drive the market's growth rate
The growing demand for big data and analytics applications is a significant driver of the Bare Metal Cloud Market. With the increasing volume of data generated, organizations require robust and scalable infrastructure to process and analyze this data efficiently. Bare metal cloud solutions provide dedicated hardware resources, offering high-performance computing capabilities and eliminating the resource contention issues often seen in shared virtualized environments. This makes the bare metal cloud an ideal choice for handling the intensive computational requirements of big data and analytics workloads, driving its adoption in the market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014-2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Component (Server, Services), Application (Adtech/Fintech Application, Real Time Analytics, Gaming Applications, High Performance Computing (HPC) Application, Others), Organization Size (SMEs, Large Enterprises), End User (BFSI, Healthcare, Government, IT and Telecom, Retail, Manufacturing, Media and Entertainment, Others)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
|
|
Market Players Covered
|
IBM (U.S.), Oracle (U.S.), Lumen Technologies (U.S.), Internap Holding LLC (U.S.), RACKSPACE TECHNOLOGY (U.S.), Amazon Web Services, Inc. (U.S.), Dell Inc., (U.S.) Equinix Inc., (U.S.), Google Inc., (U.S.), Microsoft (U.S.), Alibaba Cloud (China), Scaleway SAS (France), Joyent (U.S.), Hewlett Packard Enterprise Development LP (U.S.), OVH SAS (France), Limestone Networks, Inc. (U.S.), Media Temple (U.S.), Bigstep (U.K.), Zenlayer Inc., (U.S.), and phoenixNAP (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
The bare metal cloud market is segmented on the basis of component, application, organization size, and end user.
- On the basis of component, the global bare metal cloud market is segmented into server and services. In 2022 the server segment is expected to dominate the market with a 71.70% market share as compute, network, and storage facilities are continuously increasing. Moreover, the bare metal server is generally billed per month, which helps avoid fluctuations in the bill in the forecast period of 2022 to 2029.
In 2022, the server segment dominates the global bare metal cloud market
In 2022, the server segment dominates the global bare metal cloud market with a 71.70% market share due to its essential role in providing dedicated and powerful hardware resources to businesses. As companies prioritize high-performance computing and security for their critical workloads, bare metal servers offer the ideal solution. These servers offer improved performance, lower latency, and better control over resources compared to virtualized environments. This drives the increased adoption of bare metal servers, leading to their dominance in the market in the forecast period of 2022 to 2029.
- On the basis of application, the global bare metal cloud market is segmented into adtech/fintech application, real time analytics, gaming applications, high performance computing (HPC) application, and others. In 2022 high performance computing (HPC) applications are expected to dominate the market with a 35.78% market share as high-performance, bare-metal cloud functionality is ideal for instances where there is a need to perform short-term, data-intensive functions without any latency or overhead delays, such as big data applications, media encoding or render farms in the market in the forecast period of 2022 to 2029.
- On the basis of organization size, the global bare metal cloud market is segmented into SMEs and large enterprises. In 2022 SMES is expected to dominate the market with a 59.78% market share because bare metal servers offer more flexibility in billing, can be used for a dramatically shorter time period which are highly beneficial factors for small and medium enterprises in the market in the forecast period of 2022 to 2029.
- On the basis of end user, the global bare metal cloud market is segmented into BFSI, healthcare, government, IT and telecom, retail, manufacturing, media & entertainment and others. In 2022 IT and telecom are expected to dominate the market with a 28.90% market share because the entire telecom network is being transformed to a distributed cloud infrastructure where applications are deployed at an optimal location considering technical and financial aspects. Bare metal is an efficient yet flexible cloud infrastructure to fulfill cloud infrastructure requirements in the IT and telecom industry in the market in the forecast period of 2022 to 2029.
In 2022, the IT and telecom segment dominates the global bare metal cloud market
In 2022, the IT and telecom segment dominate the global bare metal cloud market due to the increasing demand for scalable and high-performance infrastructure by these industries. Bare metal cloud services provide dedicated and powerful hardware resources, allowing IT and telecom companies to meet the requirements of their data-intensive applications and services. Moreover, the need for data security and compliance further drives the adoption of bare metal cloud solutions, contributing to the segment's dominance in the market in the forecast period of 2022 to 2029.
Major Players
Data Bridge Market Research recognizes the following companies as the major Global bare metal cloud market players in Global bare metal cloud market are IBM (U.S.), Oracle (U.S.), Lumen Technologies (U.S.), Internap Holding LLC (U.S.), RACKSPACE TECHNOLOGY (U.S.), Amazon Web Services, Inc. (U.S.), Dell Inc., (U.S.) Equinix Inc., (U.S.),
Market Developments
- In March 2020, Equinix acquired Packet, a leading bare metal automation platform, to enhance its in-house solutions and leverage Packet's developer-focused bare metal services, offering clients global reach and interconnection opportunities.
- -In April 2020, Oracle Cloud launched new bare metal and virtual instances powered by AMD's Epyc "Rome" processors, catering to large data analytics and HPC applications with 100 Gbps network bandwidth and 128 CPUs.
- In April 2020, IBM Cloud expanded its offerings with AMD's EPYC 7642 processors, supporting up to four terabytes of memory per socket and serving workloads in virtualization, AI, electrical design automation, and data analytics. These servers can be rented on a "pay-as-you-use" basis from IBM data centers worldwide.
Regional Analysis
Geographically, the countries covered in the Global bare metal cloud market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
North America is the dominant region in the Global bare metal cloud market during the forecast period 2022 - 2029
North America's dominance in the bare metal cloud market is attributed to the rapid growth of data centers in the region. As businesses adopt advanced technologies and generate vast amounts of data, the need for robust and scalable infrastructure becomes crucial. Bare metal cloud solutions provide dedicated hardware resources, ensuring high performance and eliminating resource contention issues. This makes them an ideal choice for businesses seeking efficient and reliable storage solutions, driving the market's expansion in the region from 2022 to 2029.
Asia-Pacific is estimated to be the fastest growing region in the Global bare metal cloud market for the forecast period 2022 - 2029
The Asia-Pacific region is poised for significant growth in the bare metal cloud market as it experiences a steady increase in dedicated server providers. Leading nations like China, Japan, Australia, Singapore, India, and Indonesia are at the forefront of technology adoption, fostering the demand for advanced infrastructure solutions. With businesses in the region embracing digital transformation and generating vast data volumes, the need for reliable and scalable bare metal cloud services is driving market expansion during the forecast period.
For more detailed information about the Global bare metal cloud market report, click here – https://www.databridgemarketresearch.com/reports/global-bare-metal-cloud-market
