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Wednesday, September 27, 2023

Global Bare Metal Cloud Market is anticipated to grow at a CAGR of 20.1% during 2024 to 2030

The future of the global Bare Metal Cloud Market looks promising with opportunities in the advertising, BFSI, government, healthcare, manufacturing, and telecom & IT sectors. The global bare metal cloud market is expected to reach an estimated $20.9 billion by 2030 with a CAGR of 20.1% from 2024 to 2030. The major drivers for this market are rising need for non-locking computing and storage resources, rapid changes in the cloud computing sector, and growing integration of big data and IoT among organisations.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the bare metal cloud market by type (hardware and service), deployment model (hosted and on-premise), organisation size (large enterprise and SMEs), end use industry (advertising, BFSI, government, healthcare, manufacturing, telecom & IT, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, hardware and service are the two major segments of bare metal cloud market by type. Lucintel forecasts that service is expected to witness higher growth over the forecast period. Within this market, BFSI is expected to witness highest growth over the forecast period due to considerable use of bare metal cloud to access high levels of security and data protection for secure transactions, online banking, and access violations.

APAC is expected to witness highest growth over the forecast period due to rapid digitization among enterprises and growing number smart city projects in the region.

IBM, Oracle, Rackspace, Centurylink, Internap, Packet, Datapipe, Scaleway, Limestone Networks, and Bigstep Technologies are the major suppliers in the bare metal cloud market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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