Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.55 Billion | USD 34.72 Billion | 16.97% | 2023 |
The global Bare Metal Cloud Market size was worth around USD 8.55 Billion in 2023 and is predicted to grow to around USD 34.72 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 16.97% between 2024 and 2032.
The report covers forecast and analysis for the bare metal cloud market on a global and regional level. The study provides historic data of 2018 to 2022 along with a forecast from 2023 to 2032 based on revenue (USD Billion).
Bare metal cloud is a public cloud service in which hardware components are provided by local service providers. It is a flexible service that can be customized as per the customer's unique requirement. Bare metal cloud is made from dedicated servers that avoid the fight for resource generally seen in virtual machines. It is an appropriate service for high-transaction workloads or big data applications where remission is not acceptable.
Certain significant players in the market are planning to expand their service in the European market by launching cloud services in Germany. For instance, Oracle Corporation has launched its bare-metal cloud server for Germany-based European Oracle cloud, in addition with modern infrastructure as a service (IaaS) architecture and platform as a service (PaaS). The technology has also shown promising results in healthcare industry owing to the growing demand of dedicated servers coupled with high capacity storing files as large data is being generated by the adoption of IoT.
Commercial cloud service infrastructure allows for the virtualization and division of compute, storage, and database resources, allowing for the partitioning and sharing of servers and storage arrays by numerous clients. However, despite the flexibility and cost advantages that virtualized computing instances offer, there are downsides, particularly those linked to resource competition, or the “noisy neighbor problem”. Inadequate isolation of execution environments and virtual networks also poses dangers. By giving consumers access to separated physical resources, bare-metal cloud addresses these problems.
Big data applications and workloads with a high number of transactions that have trouble with latency might consider the bare-metal cloud. The vast majority of the top cloud service providers, including AWS, IBM, Oracle, and Rackspace, provide bare-metal cloud services.
The study includes drivers and restraints for the bare metal cloud market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the bare metal cloud market on a global level.
The emerging needs to carry out data-intensive operations with minimal latency, the rise of new technologies such as the Internet of Things (IoT), workload management through high-performance computing, and elimination of delays caused due to following regulatory norms are the primary drivers of growth of the market. The Global Bare Metal Cloud Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
The high adoption rate of cloud services along with the crucial requirement for definite load balancing of latency sensitive and data-intensive operations are the major factors contributing to the bare metal cloud market growth. Additionally, bare-metal cloud emerging applications for DevOps and big data applications are anticipated to drive the market in the forecast period. However, stringent cloud regulations can restrain the market growth.
This report offers comprehensive coverage on global bare metal cloud market along with, market trends, drivers, and restraints of the bare metal cloud market. This report includes a detailed competitive scenario and product portfolio of key vendors to understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the bare metal cloud market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.
The study provides a decisive view of the bare metal cloud market by segmenting the market based on component, end users, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By component, the market is bifurcated into solutions and services. Services type is sub-segmented into integration & migration, consulting & assessment, and maintenance services. Service segment is the most lucrative component because of the high penetration of service provider companies in the market along with its rising demand. The segment has witnessed the highest CAGR as well as it is expected to open new opportunities for the market players.
By end user, the market is categorized into an advertisement, BFSI, government, healthcare, manufacturing, telecom & IT, and others.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is anticipated to hold a substantial share owing to increasing penetration of technical giants in the field coupled with the higher adoption of cloud services.
Report Attributes | Report Details |
---|---|
Report Name | Bare Metal Cloud Market Size Report |
Market Size in 2023 | USD 8.55 Billion |
Market Forecast in 2032 | USD 34.72 Billion |
Growth Rate | CAGR of 16.97% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | IBM Corp., Oracle Corporation, Centurylink Incorporation, Rackspace Hosting Incorporation, Internap Corporation, Packet, Joyent Inc., BIGSTEP, Scaleway, and Liquid Web Inc. among others. |
Segments Covered | By Component, By End-User, and By region |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The report covers detailed competitive outlook including the market share and company profiles of some of the key participants operating in the global bare metal cloud market include-
Global Bare Metal Cloud Market: Component Segment Analysis
Global Bare Metal Cloud Market: End-User Segment Analysis
Global Bare Metal Cloud Market: Regional Segment Analysis
FrequentlyAsked Questions
The global Bare Metal Cloud Market size was worth around USD 8.55 Billion in 2023 and is predicted to grow to around USD 34.72 Billion by 2032
compound annual growth rate (CAGR) of roughly 16.97% between 2024 and 2032.
The largest share of the Bare Metal Cloud Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
IBM Corp., Oracle Corporation, Centurylink Incorporation, Rackspace Hosting Incorporation, Internap Corporation, Packet, Joyent Inc., BIGSTEP, Scaleway, and Liquid Web Inc. among others.
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