Over the years, companies have automated their business processes which were traditionally conducted either programmatically or manually. Now that the outsourcing of traditional business processes is leading to the cloud revolution, it makes it much easier for companies to approach business transformation, in a holistic way. It further enables organizations to embrace process optimization and better define and improve business outcomes. Today, many organizations see the cloud as a way to improve speed and flexibility. In addition to that, they also focus on reducing the costs of supporting and maintaining their infrastructure, bare-metal cloud is one of those dedicated clouds achieving all these technological advancements.
The Bare Metal Cloud market operates in a recently introduced very competitive market. As the leading companies in this market continue to expand their target market, expanding their current product portfolio, diversifying their customer base, and developing new application areas, all of the leading players face a challenge. increasing level of competition, both from start-ups and from the world’s leading IaaS providers. The technology is experiencing strong growth due to its increasing applications in several leading end user industries such as BFSI, IT and Telecommunications, Government and others.
Link of the Century
Rackspace Hosting, Inc.
Package Host, Inc.
The global bare metal cloud market has been segmented on the basis of service type (professional service, storage and database services, compute services, networking services, and others); by business size (small and medium business and large business) and by application (BFSI, manufacturing, government, retail, healthcare, IT and telecommunications and others) and by geography (North America, Europe, Asia- Pacific, Middle East and Africa and South America).
North America is expected to account for the largest bare metal cloud market share and is reported to register a CAGR of 30.8% during the forecast period. The North American market is the bare metal cloud market leader with a two-thirds market share in the United States.
In 2018, North America, Europe and Asia-Pacific together held over 90% of the global bare metal cloud market.
North America in terms of technology service providers, financial industries and government agencies is considered one of the best represented regions. The rapid pace of technological development and the supporting government regulations have made North America the most promising market for the bare cloud market.
The BFSI end-user segment is expected to dominate the market in 2025 with a market share of 26.9%. Growing adoption of cloud services, increasing data traffic and demand for cloud equipment are mainly driving the bare metal cloud market in several application segments.
Businesses invest significant time and resources in building a bare metal cloud. Setting up a bare metal cloud will significantly reduce the company’s reliance on public cloud services, thereby avoiding the security and compliance risk associated with them.
The major companies presented in this report are Oracle Corporation, IBM Corporation, Dell Inc., Rackspace Hosting Inc., CenturyLink, Inc., Internap Corporation, Packet Host Inc., Joyent Corporation, Scaleway Incorp. and Spotinst Ltd.
Global segmentation of the bare metal cloud market
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