Bare Metal Cloud Market Size: Future Challenges and Growth Opportunities Report 2021–2026 – The Manomet Current – The Manomet Current

The Global Bare Metal Cloud Market Report Gives an in-depth analysis on industry development patterns, drivers, restraints, structure, scope, various trends, opportunities, challenges, market risk, and factors in the target market till 2026. Bare Metal Cloud market is expected to gain market growth in the forecast period of 2021 to 2026. The bare metal cloud market is expected to register a CAGR of 38.5% over the forecast period 2021 – 2026.The study also offers insightful and detailed information/data concerning ends users, new technologies, standardization, regulation, market projections and key Players operating in the Bare Metal Cloud Market and much more. The Bare Metal Cloud market is well segmented by the top manufacturer, end users, and their application with their respective data (Market Size & Forecast, Sales Revenue, Price, Gross Margin, Different Demand Market by Region, Main Consumer Profile, etc.).

Top companies covered in Bare Metal Cloud market: IBM Corporation, Oracle Corporation, Internap Corporation, Packet Inc. (An Equinix Inc. Company), Scaleway Inc., Amazon Web Services Inc, Rackspace Inc., CenturyLink, Inc., LightEdge Solutions, Inc,

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Although the bare-metal cloud is not virtualized, it can still be delivered via a cloud-like service model. The bare metal cloud technology has emerged out to be an effective medium for high-performance applications by combining cloud hosting with bare metal servers.

– The growing number of data centers, growth in colocation services, and the surge in cloud computing across the globe are motivating businesses to invest in bare metal cloud services. Cloud computing services are majorly attracting investment in the studied market, as data storage servers and existing computing hardware are components of a remotely provisioned service for users.

– IT and telecom industries are moving away from managing and owning IT infrastructure. Many of the enterprises have started shifting away from servers towards cloud-based subscription services. As the cloud continues to be one of the fastest-growing areas of technology, space for the bare metal cloud market will also develop.

– Security and compliance are the two other significant benefits of private cloud solutions. According to US-based Ixia, 90% of IT professionals are concerned about their data and application security in the cloud. Therefore, in the studied market, companies are utilizing bare metal cloud services on private clouds where service providers manage the hypervisor layer for their customers.

– In April 2020, French cloud service provider OVHcloud has started offering access to its infrastructure-as-a-service (IaaS) platform for free to the enterprises during the COVID-19 pandemic to provide remote working, collaboration, and healthcare hosting services.

Key Market Trends

BFSI to Hold a Significant Share Over the Forecast Period

– The banking vertical predominantly requires bare-metal cloud services with the rise in the transactions and details related to them.

– Moreover, the critical need for high security and data protection during online banking, secure transactions, and access violations has also pushed the data traffic demanding the use of bare metal cloud solutions.

– Additionally, financial firms heavily rely on technology and data, in all aspects of their business. In areas, such as risk analytics, derivatives pricing, quantitative modeling, portfolio optimization, and bank stress-testing, the use of high-performance computing (HPC) for a quick performance of complex calculations on large data sets is becoming increasingly prevalent.

– Banks and brokers are anticipated to typically use HPC and grid computing for tasks, such as real-time risk management, as they handle thousands of transactions for clients around the world at any given moment.

Germany Country Segment is Driving the Growth for Europe Over the Forecast Period

– Germany is one of the most significant adopters and investors in the cloud-related business in Europe. It also plays a vital role in the development of the studied market in Europe. The country has the highest number of data centers and is also emerging in the cloud adoption race. Many SMEs in the country are increasingly investing in the cloud computing and services market, which has expected to create a massive opportunity for the studied market vendors in the region.

– Germany, along with France, is also working on project European data infrastructure that aimed at enhancing regional data and cloud capabilities. The German government is also leading the push for a European cloud network called Gaia-X, to make region cloud Independence.

– According to an industry expert, 45% of the German enterprises prioritize cloud enablement when purchasing new IT or digital services. On the infrastructural basis, the location of Frankfurt is the backbone of Germany’s digital business. Frankfurt is the leading market throughout Germany and Europe as far as data center density and connectivity to central internet hubs are concerned.? With DE-CIX and its top-transfer rates of approximately two terabits per second, with 90% of the German, and 35% of the Internet traffic in Europe, Frankfurt is home to the largest Internet hub globally.

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Competitive Landscape

The bare metal cloud market is witnessing an increase in the level of competition from both the start-ups as well as the leading global IaaS providers. Moreover, the leading companies in the market studied are broadening their addressable markets, by expanding product portfolio, diversifying their client base, and developing new applications area.

– In April 2020, IBM Cloud added AMDs second-generation server chips to its portfolio. AMDs 96-core EPYC 7642 processors can boast a maximum clock speed of 3.3 GHz and support for up to four terabytes of memory per socket. The processors will power IBM Clouds latest bare-metal offerings, especially for data analytics, electronic design automation, AI, virtualized, and other containerized workloads. The servers are available in IBM data centers in North America, Europe, and the Asia-Pacific region, and can be on a monthly pay-as-you-use model.

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