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Wednesday, November 1, 2023

Global Bare Metal Cloud Service Market is Anticipated to Grow at a CAGR of 17% during 2024 to 2030

The future of the global bare metal cloud service market looks promising with opportunities in the computer, networking, database, security, storage, and managed markets. The global bare metal cloud service market is expected to reach an estimated $24.9 billion by 2030 with a CAGR of 17% from 2024 to 2030. The major drivers for this market are increasing usage of edge computing infrastructure and growing demand for high-performance computing.

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 service market by organization size (large and SMEs), service type (compute, networking, database, security, storage, and managed), end use (BFSI, healthcare & life sciences, and manufacturing), 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, large and SMEs are the major segments of bare metal cloud service market by organization size. Lucintel forecasts that SMEs will remain the larger segment over the forecast period due to its dedicated physical servers and guarantes consistent performance without the virtualization overhead, which is well-suited for mission-critical applications and tasks involving sensitive data.

Within this market, networking will remain the largest segment as it provides full command over users' hardware, network, and server architecture, thus making it the preferred option for security-focused applications.

North America will remain the largest over the forecast period due to increasing government investments in hybrid and multi-cloud solutions and presence of major players in the region. 

IBM, Oracle, AWS, Lumen, Rackspace, Internap, and Dell are the major suppliers in the bare metal cloud service 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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