Growing Banking and Financial Industry Application will escalate the Bare Metal Cloud Market at a CAGR of 31.8%Published Date: Feb 2018
Latest market study on “Bare Metal Cloud to 2025 by Service Type (Professional Service, Storage & Database Services, Compute Services, Networking Services and Others); by Enterprise Size (Small & Medium Enterprise and Large Enterprise) and by Application (BFSI, Manufacturing, Government, Retail, Healthcare, IT & Telecommunication and Others) – Global Analysis and Forecast”, the bare metal cloud market is estimated to reach US$ 12287.1 Mn by 2025 from US$ 1432.1 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Browse market data tables and in-depth TOC of the Global Bare Metal Cloud Market (2016–2025)
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Bare Metal Cloud market by application is segmented into BFSI (Banking, Financial, Securities and Insurance), Manufacturing, Government, Technology, IT & Telecommunication, Retail, Healthcare, and Others. The characterization is based on the major sectors where data center finds majority of applications. Cloud are now widely used among almost all the industries. The bare metal cloud service is a recognized approach to reduce costs. Across industries, organizations have seen the value of having vendors handle aspects of their operations so they can focus on their core capabilities.
Bare Metal Cloud market operates in a lately introduced highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications area, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global IaaS providers. Technology is witnessing a high growth owing to its increasing applications in several prominent end-user industries such as BFSI, IT & telecommunication, government and others.
There has been constant development in bare metal cloud industry. The company Rackspace, Inc announced the next generation of OnMetal Cloud Servers powered by OpenStack – bare metal, single-tenant servers that were API-provisioned. This offering was designed to facilitate the customer with bare metal speed, security, with the control, and consistent performance similar to dedicated hardware. OnMetal Cloud Servers offers increased and measurable efficiencies, allowing customers to shrink the complexity and cost of their IT operations by combining workloads from several virtual environments to a limited bare metal servers.
Some of the leading bare metal cloud market players are Century Link, Dell, IBM, Internap, Rackspace, Joyent Co. Packet Host, Inc., Scaleway, Spotinst, and Oracle, among others.
The report segments the global Bare Metal Cloud market as follows:
Global Bare Metal Cloud Market – By Service Type
Storage & Database Services
Global Bare Metal Cloud Market – By Enterprise Size
Small & Medium Enterprise
Global Bare Metal Cloud Market – By Application
IT & Telecommunication
Global Bare Metal Cloud Market – By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA