Bare Metal Cloud Demand in Telecommunications Industry to Increase 23% CAGR through 2031

Driven by the integration of AI and machine learning across industries, demand for bare metal cloud will grow 27% CAGR through 2031

The latest Fact.MR survey provides in-depth analysis of critical trends and macroeconomic indicators affecting the growth of the bare metal cloud market. The report offers an overview of the driving factors and examines the attractiveness of the market in various segments including application, end-use industry and organization size. The survey also reveals hidden opportunities for market players to capitalize on during the 2021-2031 assessment period.

NEW YORK, September 27, 2021 / PRNewswire / – According to a recently released report by Fact.MR, the global bare metal cloud market is about to total US $ 12 billion by the end of 2021. In response to the growing demand for cost-effective hosted services to achieve efficient performance and increase applications in different industry verticals, the market is expected to show year-over-year growth (year-on-year) by 25% in 2021.0020

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The market grew at a 24% CAGR from 2016 to 2020. The rapid expansion of the information technology (IT) and service industry and the proliferation of work-from-home culture are driving demand. bare metal cloud management software solutions. Driven by this, the market is expected to post a CAGR of 27% during the forecast period 2021-2031.

Over the past decade, the rapid shift to bare metal cloud over traditional hosting services has been noticed in various industries, especially in the telecommunications and banking, finance, service and insurance (BFSI) sectors. . This can be attributed to the growing need for secure storage facilities and streamlined data operations.

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The market will also benefit from the growing demand for data security, efficient service delivery and standardized hardware platforms due to the integration of artificial intelligence (AI) in various industries.

According to Fact.MR, the telecommunications industry is expected to record the highest demand for bare metal cloud solutions. Driven by the growing adoption of digital operations and growing demand for efficient storage of large data sets, segment sales are expected to grow at an impressive 23% CAGR through 2031.

“The increasing digitization and intensive use of advanced technologies such as machine learning, Internet of things (IoT), AI and analytics in various industries are expected to facilitate the growth of the market in the future. “ says a Fact.MR analyst.

Key takeaways from Bare metal cloud Market analysis

  • Driven by growing demand from IT giants in the United States, the market for North America is expected to increase at a CAGR of 26% through 2031.

  • Germany is estimated to represent a high share of Europe bare metal cloud market, growing at a 31% CAGR during the evaluation period.

  • China should become the most profitable market of East Asia, representing more than 40% of regional sales at the end of 2031.

  • In terms of application, AI and machine learning are expected to dominate the market, with a CAGR of 29% over the next ten years.

  • Bare metal cloud sales in the retail and consumer goods sector are expected to increase by 20% CAGR between 2021 and 2031.

Key factors

  • Growing demand for secure storage facilities, faster service delivery and streamlined data center operations in the telecommunications industry and BSFI is driving bare metal cloud sales.

  • The growing integration of internet-based technologies such as AI and IoT across multiple businesses is driving the demand for bare metal clouds.

Key restrictions

  • The growing adoption of lightweight hypervisors as an alternative due to their cost effectiveness and greater flexibility is hampering bare metal cloud sales.

  • The complex process of restoring failed bare metal systems hampers adoption by small and medium businesses.

To learn more about Bare metal cloud Market, you can contact our Analyst at:

Competitive landscape

The top five vendors in the bare metal cloud market are estimated to account for nearly 35% of overall sales in the global market. The main players are focused on launching new products to improve their product portfolio. Some of the top vendors aim to engage in a strategic collaboration, merger and acquisition in order to stay ahead of the landscape. For example,

  • In 2017, IBM, a US-based technology multinational, announced the launch of bare metal servers on its IBM cloud, powered by next-generation Intel Xeon Scalable processors. This processor provides graphics processing units (GPUs) for high performance and cognitive computing.

  • In March 2020, Equinix Inc., an American multinational, announced the acquisition of Packet, a leading provider of bare metal automation platforms, to deploy digital infrastructure using the innovative and developer-oriented bare metal service offering of Packet. The acquisition will help the company accelerate the development of its organic bare metal solutions.

Some of the major market players presented by Fact.MR are:

More valuable information on Bare metal cloud Marlet

Fact.MR in its new report offers an unbiased analysis of the global bare metal cloud market, analyzing forecast statistics to 2021 and beyond. The survey reveals growth projections for the bare metal cloud market with detailed segmentation:

  • By application

  • By end-use industry

  • By organization size

Key questions addressed in the Bare metal cloud Market report

  • The market research also highlights the projected sales growth of the bare metal cloud market between 2021 and 2031.

  • Report provides insight into bare metal cloud demand outlook for 2021-2031

  • Analyzing the bare metal cloud market share of key companies in the industry and covering strategies such as mergers and acquisitions, collaborations or partnerships, etc.

  • Analysis of the bare metal cloud market identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluating the current market size and forecast and technological advancement within industry

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Data Center MarketWith the increasing adoption of cloud technologies to support the internet economy, as well as the acceleration of consumption based on digital content, third-party data centers have become more popular in recent years. The upward trend coincides with the expansion of the cloud managed services industry. Companies continue to introduce new software as a service (SaaS) and platform as a service (PaaS) as cloud adoption grows in key markets, while focusing on reducing costs. costs and reliance on infrastructure as a service (IaaS) (IaaS). This will have a negative impact on the growth prospects of the data center market.

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