07 May 2021
Visiongain has published a new report on Bare Metal Cloud Market Report to 2031: Forecasts by deployment (Hosted, On-Premise), by organization size (Small & Medium-sized Enterprises, Large Enterprises), by industry vertical (IT & Telecommunication, Healthcare, BFSI, Government, Retail, Others). PLUS Profiles of Leading Bare Metal Cloud Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Bare metal cloud market was valued at US$ xx billion in 2020 and is projected to reach at a market value of US$ xx billion by 2031. Bare metal cloud is a public cloud service which executes instructions directly on logic hardware without an intervening operating system. In addition, it offers several benefits such as easier maintenance of records, monitoring activities in commercial & residential areas, enhanced security, and supporting against terrorism & external threats at different locations. Moreover, the adoption of bare metal cloud is largely experienced in the telecom & IT end-use industry.
Due to growing number of data centers & demand for bare metal cloud services is continue to rise in the market and increased investment in technology are some of the major factors driving the market growth. On the contrary, continuous demand from enterprises across different industry verticals and growing interest towards open compute project are becoming major factors expected to create lucrative opportunities to the market in the upcoming years.
COVID-19 Impact on Bare Metal Cloud Market
During this time when the COVID-19 pandemic as crippled several industries such as manufacturing, automotive, and others. These industries are witnessing a shrink in demand for bare metal cloud, due to non-operational distribution channels, lockdown of international borders, and various other government rules to curb the spread of virus. However, the bare metal cloud is expected to grow at a fastest rate in the upcoming years.
Due to growing number of data centers & demand for bare metal cloud services is continue to rise in the market
Increasing services industry sectors, growth in colocation services, rise in cloud computing across several end use verticals are driving the market growth. As the bare metal cloud services helps in efficient management of data & business operations which is therefore, accelerating the demand for bare metal cloud market.
Increased investment in technology
With an initiation of advance benefits which are offered by bare metal cloud is further propelling the growth of investments towards this technology. Moreover, key players are investing in this technology, as it helps in the reduction of complexity and enhanced smooth business operations. These factors, as a result driving the market growth during the forecast period.
Continuous demand from enterprises across different industry verticals
Expansion of companies across several industry verticals are anticipated to boost the demand for bare metal clod technology. As the businesses are implementing advance solutions and avoiding traditional business process. Moreover, companies are training & hiring advance technicians adopting with latest technologies. These factors, as a result anticipated to create lucrative opportunities to the bare metal cloud market.
Growing interest towards open compute project
The industries are experience huge requirements for real-time data storage & tracks, automated checking, locating, and finalizing products during the manufacturing process. Moreover, growing interest of companies towards an open computing project which provides more efficient, flexible, and scalable business operations activities is expected to provide an immense growth opportunities to the key players in the market.
Some of the companies profiled in the report include Bigstep Technologies Pvt. Ltd., Century Link, Datapipe, IBM Corporation, Internap Corporation, Limestone Networks Inc., Oracle Corporation, Packet, Rackspace Inc., and Scaleway.
In April 2020, OVHcloud, which is a French cloud service provider has started offering access to its infrastructure-as-a-service (IaaS) platform for free, during the midst of COVID-19 pandemic. In addition, the company aimed at providing remote working, collaboration, and healthcare hosting services. This, as a result becoming major developing factors in the market.
In October 2020, Equinix, which is one of the leading digital infrastructure company has launched bare metal cloud service, Equinix Metal. Moreover, this new product will provide 'lift & shift' migrations of entire operating environments, including OS, hypervisor, applications & data, from on-premises data centers to the cloud.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The global edge computing market was valued at US$39,887 million in 2022 and is projected to grow at a CAGR of 17.8% during the forecast period 2023-2033.
04 November 2022
The global military cyber security market was valued at US$14,187 million in 2021 and is projected to grow at a CAGR of 5.8% during the forecast period 2022-2032.
30 August 2022
The adoption of remote work due to the pandemic has compelled companies to upgrade their security control systems to ensure the safety and privacy of their employees. Owing to the significant increase of threats and data risks, large investment is made by IoT security manufacturers and the government for advancements in IoT security.
03 December 2021
The importance of cybersecurity is increasing so is the funding for it. Fundamentally, society is more technologically reliant than it has ever been, and this tendency shows no signs of slowing.