Press release
Bare Metal Cloud Industry Is Expected To Enjoy Year-On-Year (YoY) Growth Of Around 25% In 2022
In current market scenario, North America is set to account for a majority of revenue share of close to 30% by the end of forecast period (2032), owing to the presence of prominent bare metal cloud players as well as a matured end-use industry. Tech giants established in North America are the core driving factor contributing significantly to annual volume share.
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Bare Metal Cloud Market Insights in the assessment period.
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Key Takeaways from the Market Study
The global bare metal cloud market to acquire a market value of USD 111.75 Bn by 2032.
The global bare metal cloud market to procure a market value of USD 12 Bn by 2022
China is estimated to account for more than 40% of the East Asia market value share by 2032.
The Middle East & Africa is yet in the introduction phase, accounting for less than 15% market share at present.
Revenue from AI & machine learning is anticipated to surge at a CAGR of 29% during 2022-2032.
"IT Sector is anticipated to play the most significant role in developing the market during the forecast period from 2022-2032"- says an analyst at Fact. MR.
Key Segments Covered in the Surgical Instrument Tracking Industry Report
By Application
AI and Machine Learning
Servers
Render Farms
Building Application
NoSQL and Relational Databases
Custom Virtual Environments
Big Data
By End Use Industry
Telecommunications
BFSI (Banking, Financial, Services and Insurance)
Retail & Consumer Goods
Manufacturing Sector
Pharmaceutical Industry
Others
By Organization Size
SMEs
MSMEs
Large Organizations
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Competitive Landscape
The key players of the global bare metal market opt for new strategies to take the forefront position in the industry.
Some of the recent developments among the established players are-
In January 2022, Amazon Web Services (AWS) launched new EC2 instance type for high-performance computing tasks.
In January 2022, Rackspace Technology, a known player, disclosed its plan to acquire Just Analytics, a globally renowned provider of cloud-based data, analytics, and Artificial Intelligence (AI).
In January 2022, Zenlayer, a renowned entity in the cloud service provider disclosed the C+ funding from Telkom Indonesia. Telkom is the largest telecommunications company in Indonesia. The C+ funding brings the financing round to USD 62 Mn.
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Essential Takeaways from the Bare Metal Cloud Market Insights Report
Comparison of prominent players operating in the Bare Metal Cloud Market Insights.
Recent developments and key strategies adopted by Bare Metal Cloud Market players.
Study of the micro and macro-economic growth indicators.
Impact of the various factors on the value chain of the Bare Metal Cloud Market Insights.
Growth opportunities for emerging market players in various regional markets.
Current trends influencing the scenario of the Bare Metal Cloud Market Insights.
Important queries related to the Bare Metal Cloud Market Insights addressed in the report:
Who are the most prominent players in the Bare Metal Cloud Market Insights?
What are the factors that are likely to hinder the growth of the Bare Metal Cloud Market Insights during the forecast period?
Why is the concentration of tier-1 companies high in specific region?
How are the soaring prices of raw materials impacting the demand for Bare Metal Cloud Market?
Why are Bare Metal Cloud Market players eyeing opportunities in particular region?
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