The global bare metal cloud market is anticipated to grow at a CAGR of 24.2% during the forecast period (2023-2029). The increasing adoption of cloud services is expected to propel the growth of the bare metal cloud market going forward. Bare metal cloud allows organizations to access to a dedicated server, without virtualization. Technological advancements are a key trend gaining popularity in the bare metal cloud market. Major companies in the bare metal cloud market are focusing on advancing their new technologies to offer different automated platforms for control over edge deployments and accelerated private cloud deployments. One of the major drivers contributing to the growth of the market is the increased use of the internet for day-to-day activities and critical operations. As the penetration of the internet is increasing in every aspect of people's lives, they tend to share their personal information on the internet, especially across social media channels. In addition, private companies and public sectors are storing their critical information on the cloud.
Browse the full report description of “Bare Metal Cloud Market Size, Share &Trends Analysis Report by Service Type (Compute Services, Networking Services, Database Services, Security Services, Storage Services, Professional Services, and Managed Services), and by Vertical (BFSI, Retail & Consumer Goods, Information Technology (IT) & ITes, Telecommunications, Healthcare and Life Sciences, Manufacturing, Media & Entertainment, Government, and Others) Forecast Period (2023-2029)” at https://www.omrglobal.com/industry-reports/bare-metal-cloud-market
Further, payment card companies and banks are encouraging customers to make online transactions and payments using the internet and to store details such as card numbers and passwords online. Cases such as data theft and phishing are on the rise, and new forms of cyber-attacks are emerging. Hence, end-users are increasingly adopting bare metal cloud solutions to secure their systems from cyber threats. The deployment of bare metal cloud solutions helps organizations improve efficiency and productivity (in terms of storage systems and servers), thereby helping them meet their business demands quickly and remain competitive.
Market Coverage
• The market number available for – 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered-
o By Service Type
o By Verticals
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- IBM Corp., Oracle Corp., Lumen Technologies, Inc., Internap Corp., Amazon Web Services, Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Bare Metal Cloud Market Report Segment
By Service Type
By Vertical
Global Bare Metal Cloud Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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