Sales Of Bare Metal Clouds Are Projected To Surge At A CAGR Of Over 25% During 2022-2032

As per a new report published by Fact.MR, - a market research and competitive intelligence provider, the global bare metal cloud market is anticipated to surpass the US$ 12 Bn mark by the end of 2022 and surge at a CAGR of more than 25% during the assessment period from 2022-2032.
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.

High spending on bare metal cloud R&D is expected to introduce service advancements and may smoothen operational experience. Key players are offering customized services to increase their market share.
BFSI (banking, financial, services and insurance) is expected to account for significant market share over the coming years. Increasing reliance on digital operations will proportionally pile the datasets of the BFSI sector. Large datasets and concerns regarding data breached will channelize demand for bare metal clouds in the BFSI sector.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=6939

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 𝐁𝐚𝐫𝐞 𝐌𝐞𝐭𝐚𝐥 𝐂𝐥𝐨𝐮𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡
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

𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲-𝐖𝐢𝐬𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐀𝐈 & 𝐌𝐚𝐜𝐡𝐢𝐧𝐞 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐢𝐧 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭?

Need for Large Data Sets and Storage to Strengthen the Segment
As per the analysis by Fact. MR, demand for bare metal clouds from AI & Machine learning is anticipated to surge at a CAGR of 29% in the assessment period. AI & Machine learning witnessed a positive growth of 22% while garnering a market value of USD 2.5 Bn in 2022. The requirement of large data sets, storage, and processing power by AI is likely to boost the bare metal cloud market in the coming time.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐁𝐅𝐒𝐈 𝐒𝐞𝐜𝐭𝐨𝐫 𝐢𝐧 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭?
Need for High-End Computing to Develop the Segment
The BFSI sector is expected to play a crucial role in augmenting the market in the forecast period. The demand from the sector to facilitate monetary transactions and to keep their records secured is projected to be a salient cause bolstering the segment's contribution. Moreover, the need for high-end computing for risk analytics, quantitative model, and bank stress-testing is further projected to drive the market in the forecast period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: https://www.factmr.com/connectus/sample?flag=RC&rep_id=6939

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The key players of the global bare metal cloud market opt for various strategies that include partnerships, collaboration, innovation, and R&D. The players of the market also do unique product launching to procure the forefront position in the market competition.
Some of the recent developments among the key players are-
• In January 2022, Rackspace Technology, a globally renowned player, announced its plan to acquire Just Analytics, an established provider of cloud-based data, analytics, and Artificial Intelligence (AI).
• In January 2022, Zenlayer, a known name in the cloud service provider announced 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.
• In January 2022, the Amazon Web Services (AWS) launched new EC2 instance type for high-performance computing tasks.
Key Companies Profiled:
• Oracle
• Microsoft
• Google
• IBM
• Amazon Web Services (AWS)
• Dell

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of global metal cloud services across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of bare metal cloud services during the forecast period. Price point comparison by region with global average price is also considered in the study.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

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This release was published on openPR.