Bare Metal Cloud Market to Grow at High Rate as a Result of Rising Demand for Hybrid and Multi-Cloud Deployments

Market Scope & Overview:

According to SNS Insider's report, the Bare Metal Cloud Market achieved a valuation of USD 7.62 billion in 2022. It is projected to exhibit significant growth with an anticipated value of USD 37.75 billion by 2030, indicating a robust compound annual growth rate (CAGR) of 22.88% during the forecast period from 2023 to 2030.

Bare metal cloud, also known as dedicated cloud or bare metal as a service (BMaaS), is a type of cloud computing infrastructure that combines the benefits of traditional bare metal servers with the flexibility and scalability of cloud computing. It offers users the ability to provision and manage physical servers remotely, without the need for upfront hardware investments or the complexities associated with maintaining physical infrastructure.

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Major Key Players Included are:

• IBM
• Oracle
• Lumen Technologies
• Internap
• Rackspace
• AWS
• Dell
• Equinix
• Google
• Microsoft
• Others

Market Analysis:

The bare metal cloud market has experienced significant growth and development in recent years, driven by the increasing demand for high-performance computing, data-intensive applications, and the need for enhanced security and control. Many organizations are adopting hybrid and multi-cloud strategies to leverage the benefits of both on-premises infrastructure and cloud services. Bare metal cloud providers play a crucial role in these strategies by bridging the gap between traditional IT infrastructure and cloud environments.

Impact of Recession:

While a recession may pose challenges to the bare metal cloud market, it also presents opportunities for providers to adapt and thrive. By demonstrating cost-efficiency, optimizing operations, embracing hybrid cloud approaches, targeting specific industries, and emphasizing security and compliance, bare metal cloud providers can navigate the economic downturn successfully. By adopting proactive strategies, they can position themselves as indispensable partners for organizations seeking high-performance computing solutions, ultimately emerging stronger when the economy recovers.

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Segmentation Analysis:

The bare metal cloud market is witnessing significant growth, with the Solutions segment and the Manufacturing, Media, and Entertainment segment emerging as dominant players. The Solutions segment benefits from tailored infrastructure solutions that meet the unique requirements of various industries. On the other hand, the MME segment leverages bare metal cloud's high-performance computing capabilities and efficient data storage for data-intensive operations.

Market Segmentation and Sub-Segmentation included are:

On The Basis of Component Type:
• Hardware
• Software
• Services

On The Basis of Deployment:
• Hosted
• On-Premise

On The Basis of Organization Size:
• Small and Medium Enterprises
• Large Enterprises

On The Basis of Vertical:
• Manufacturing
• Media and Entertainment
• Government
• Telecommunications
• Healthcare and Life Sciences
• BFSI
• Retail and Consumer Goods
• IT and ITeS

Regional Status & Analysis:

As the demand for high-performance, scalable, and secure cloud infrastructure continues to grow, the Asia Pacific region is poised to dominate the bare metal cloud market. Factors such as rapid digital transformation, a thriving start-up ecosystem, hybrid cloud adoption, data security concerns, and localized data centers contribute to the region's success. Organizations in Asia Pacific are embracing bare metal cloud services to gain a competitive edge, fueling the market's growth and shaping the future of cloud computing in the region.

Conclusion:

The future prospects of the market appear promising, driven by the increasing demand for performance, security, and scalability. As businesses continue to prioritize high-performance computing, security, and compliance, the value proposition offered by bare metal cloud solutions is expected to drive market growth. Furthermore, the adoption of hybrid and multi-cloud strategies, the rise of edge computing and IoT applications, and the expansion into diverse industry verticals contribute to the positive outlook for the market.

Frequently Asked Questions:

Q1) What is the projected outlook for bare metal cloud market growth?
Ans: The market is projected to surpass a valuation of USD 37.75 billion by the year 2030.

Q2) What are the major factors influencing the bare metal cloud market?
Ans: As hybrid and multi-cloud adoption continues to grow, the market is expected to witness substantial expansion.

Q3) Who are the leading players in the bare metal cloud market?
Ans: IBM, Google, Internap, Rackspace, AWS, Oracle, Lumen Technologies, Dell, Equinix, and Microsoft.

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Table of Contents - Major Key Points:

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Bare Metal Cloud Market Segmentation, by Component Type
9. Bare Metal Cloud Market Segmentation, by Deployment
10. Bare Metal Cloud Market Segmentation, by Organization Size
11. Bare Metal Cloud Market Segmentation, by Vertical
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion

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