The Business Research Company’s report on the Bare Metal Cloud Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the bare metal cloud market in recent years?
The increasing adoption of cloud services is expected to propel the growth of the bare metal cloud market going forward. Cloud services refer to the set of services provided by the third-party organization on demand of client companies or customers via the internet to conduct smooth business operations. Bare metal cloud allows organizations to access to a dedicated server, without virtualization. For instance, in June 2024, according to the, AAG IT, a UK-based IT support services company, Cloud infrastructure services generated $191 billion in revenue over the 12-month period between the start of 2021 and 2022. By 2025, it is projected that global cloud storage will reach 200 zettabytes (2 billion terabytes). Therefore, the increasing adoption of cloud services and enterprise mobility services is driving the bare metal cloud market growth.
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What is the projected market size of the bare metal cloud industry, and how is it expected to grow?
The bare metal cloud market size has grown exponentially in recent years. It will grow from $10.15 billion in 2024 to $12.3 billion in 2025 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to demand for high-performance computing, need for isolation and dedicated resources, growth in data-intensive applications, adoption of bare metal cloud for big data analytics, increased security and compliance requirements.
The bare metal cloud market size is expected to see exponential growth in the next few years. It will grow to $31.89 billion in 2029 at a compound annual growth rate (CAGR) of 26.9%. The growth in the forecast period can be attributed to growth in hybrid cloud deployments, increased adoption by small and medium enterprises (SMEs), emphasis on bare metal cloud for artificial intelligence (AI) workloads, expansion of bare metal cloud for high-performance gaming, integration of bare metal cloud with edge computing. Major trends in the forecast period include bare metal cloud for containerized workloads, customizable bare metal instances and configurations, adoption of bare metal cloud in 5g networks, focus on sustainable and green bare metal cloud solutions, integration of bare metal cloud with network function virtualization (NFY).
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Who are the key players driving competition in the bare metal cloud market?
Major companies operating in the bare metal cloud market include International Business Machines Corp, Oracle Corporation., Internap Holding LLC., Rackspace Technology Inc., Amazon Web Services Inc., Ionos SE., Alibaba Cloud, Lumen Technologies Inc., DigitalOcean Holdings Inc., Equinix Inc., Google Cloud Platform, Hetzner Online GmbH, Hostwinds LLC, InMotion Hosting Inc., Kamatera Inc., CloudOne Digital LLC., OVH Groupe SA., PhoenixNAP LLC, SingleHop LLC., UpCloud Ltd., Vultr LLC., ZNet Technologies Pvt. Ltd.
What key trends are expected to drive the banking, financial services and insurance (bfsi) security market during the forecast period?
Technological advancements is a key trend gaining popularity in the bare metal cloud market. Major companies in the bare metal cloud market are focusing on advancing their new technologies to offer different automated platforms for control over edge deployments and accelerated private cloud deployments. For instance, in June 2023, Firmus, an Australian-based immersion cooling specialist, and ST Telemedia Global Data Centers (STT GDC), a Singapore-based data center service provider, joined forces and jointly launched the Sustainable Metal Cloud (SMC) in the Asia-PAcific region. This technological innovation introduces a bare-metal cloud service tailored for high-performance AI clusters, utilizing Nvidia A100 and H100 GPUs. What sets SMC apart is its utilization of immersion cooling technology, with Firmus’ immersion tanks housed in 1MW shipping containers, known as ‘Hypercubes,’ strategically placed within STT GDC data centers across Singapore, India, and Australia. The aim is to provide sustainable and highly efficient solutions for AI and visual computing.
Which key geographies are driving the growth of the bare metal cloud market?
North America was the largest region in the bare metal cloud market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bare metal cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the key segments driving growth in the bare metal cloud market?
The bare metal cloud market covered in this report is segmented –
1) By Component Type: Hardware, Software, Services
2) By Organization Size: Large Enterprises, SMEs
3) By Vertical: Banking, Financial, Services, And Insurance (BFSI), Retail And Consumer Goods, IT And ITeS, Telecommunications, Healthcare And Life Sciences, Manufacturing, Media And Entertainment, Government
Subsegments:
1) By Hardware: Servers, Storage Devices, Networking Equipment, Hardware Management Tools
2) By Software: Operating Systems, Virtualization Software, Management And Orchestration Software, Security Software
3) By Services: Cloud Management Services, Consulting Services, Technical Support Services, Integration Services
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How is the bare metal cloud market defined, and what are its core characteristics?
Bare metal cloud refers to a public cloud service where the client leases specialized hardware resources from a distance, without any installed operating systems or virtualization infrastructure. The bare metal cloud is used to rent dedicated ha+A145rdware resources from a remote service provider.
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