Global Bare Metal Cloud Service Market Report and Forecast 2024-2032

Global Bare Metal Cloud Service Market Size

The global bare metal cloud service market value is expected to grow at a CAGR of 31.3% from 2024-2032.

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Global Bare Metal Cloud Service Market Growth

A bare metal cloud is a single-tenant, non-virtualized environment that retains all the cloud's self-service flexibility while allowing full use of the server's physical hardware processing power, thus, driving the growth of the bare metal cloud service market.

The growing demand for reliable load balancing activities, which enhances the division of new workloads and allows for smoother operation, is driving market expansion for bare metal cloud services. The increased desire for configurability and flexibility in traffic management is driving up demand for bare metal cloud services.

Global Bare Metal Cloud Service Market Analysis

The bare metal cloud service market dynamics and trends is boosted by increasing network complexity and cloud service enhancements, particularly among telecom and OTT service providers. Companies such as Verizon, AT&T, and CenturyLink have already begun to build their own data centres as an essential step toward increasing their market share in key capabilities. The worldwide bare metal cloud market is now being pushed by telecom and IT due to the growth of big data and the increasing demand for effective data storage.

Global Bare Metal Cloud Service Industry Outlook

According to Deltek GovWin's Cloud Computing Database, the USDA has spent more than USD 400 million on the cloud over the last three fiscal years, with USD 119 million in FY 2021. The Office of the Chief Information Officer (OCIO) integrates zero-trust capabilities into its IT ecosystem. In fiscal year 2023, this project will include complementing and extending Cloud Access Security Broker services by researching, gathering, and incorporating Zero Trust needs and capabilities into GSA Enterprise Infrastructure Solutions task orders.

Nearly USD 63.7 million has been released for the UK Biobank, with Amazon Web Services (AWS) giving around USD 10 million in cloud computing storage. This considerable investment will help the UK Biobank, the world's premier biomedical database, improve its ability to store and manage large amounts of health data. AWS's USD 10 million commitment focuses on delivering critical cloud storage capabilities, supporting improved research, and potentially speeding up medical breakthroughs, boosting the bare metal cloud service industry revenue.

China has the world's second-largest computing scale and the country's cloud computing infrastructure is rapidly increasing. Furthermore, Invest India reports that India's digital firms comprise 108 unicorns and 99,000 startups. According to Income Tax India, NPCI, 58.3 million income tax forms were filed by July 31, 2022, with 52 billion UPI transactions between January and June 2023. Public digital platforms such as UIDAI, Digi Locker, and the National Health Authority have seen significant adoption, with 1.35 billion Aadhaar numbers issued, 175.49 million Digi Locker users as of July 11, 2023, and 418.7 million Ayushman Bharat Health Accounts with 281 million health records linked by July 2023. The emergence of digital services, startups, and public digital platforms in China and India raises the demand for high-performance, secure, and configurable computing, which propels the growth of the bare metal cloud service industry.

The global bare metal cloud service market is expanding rapidly, driven by rising demand across industries and major technical breakthroughs.

• AI and ML technologies are transforming data analytics and automation, necessitating high-performance processing capacity, which bare metal cloud services can supply efficiently.

• There is a growing demand for secure data storage solutions, since bare metal cloud services provide dedicated servers that provide more control and protection than shared infrastructure which supports bare metal cloud service industry growth.

The market is facing challenges due to high costs and demanding compliance regulations.

• Deploying bare metal cloud services necessitates significant capital expenditure in infrastructure and hardware, which can be a barrier for small and medium-sized businesses (SMEs).

• The business is subject to stringent rules governing data privacy, security standards, and compliance.

Emerging trends and expanding applications in many sectors presents new bare metal cloud service market opportunities.

• The rising deployment of Internet of Things (IoT) devices, as well as the shift to edge computing, are driving demand for low-latency, high-performance bare metal cloud services.

• The healthcare industry is embracing bare metal cloud services to manage enormous amounts of data, such as electronic health records (EHRs) and medical imaging, which demand secure and efficient data processing capabilities.

The market is characterized by rapid technical innovation and fierce rivalry.

• The bare metal cloud service market is extremely competitive, with several firms vying for market share through innovation and service differentiation.

• Rapid advancements in technology can lead to challenges to maintaining market relevance.

Key Players in the Global Bare Metal Cloud Service Market and Their Key Initiatives

International Business Machines Corporation (IBM)

• Launched innovative AI-driven cloud solutions.

• Expanded global data centre network.

• Focused on hybrid cloud integration to create new opportunities in the bare metal cloud service market.

Oracle Corporation

• Enhanced cloud infrastructure with autonomous services

• Strengthened cybersecurity measures

Scaleway S.A.S

• Developed eco-friendly data centres.

• Introduced high-performance cloud instances.

• Emphasized flexible pricing models.

Internap Holding LLC (INAP)

• Upgraded network capabilities for low-latency services.

• Expanded colocation facilities.

• Improved managed hosting solutions.

Lumen Technologies, Inc.

• Focused on edge computing advancements.

• Enhanced global fibre network.

• Launched comprehensive security services.

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Global Bare Metal Cloud Service Industry Segmentation

“Global Bare Metal Cloud Service Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Service

• Networking Services

• Compute Services

• Security Services

• Database Services

• Professional Services

• Managed Services

• Storage Services

Market Breakup by Enterprise

• Smal and Medium Enterprises

• Large Enterprises

Market Breakup by Industry Segments

• BFSI

• Retail

• Manufacturing

• Healthcare

• Media and Entertainment

• IT and Telecom

• Government

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Bare Metal Cloud Service Market Share

The growing popularity of bare metal cloud computing in small and medium-sized businesses (SMEs) due to its numerous advantages, including robust scalability, affordability, flexibility, and features, is driving the growth of the bare metal cloud service market. Furthermore, the use of artificial intelligence (AI), natural language processing (NLP), machine learning (ML), predictive analytics, voice analytics, and the Internet of Things (IoT) in a cloud-based contact center to provide a seamless and efficient customer experience is propelling market growth. These cutting-edge technologies help to analyze consumer data and provide insights that are used to forecast customer behaviour, identify potential difficulties, improve customer service, and optimize business processes.

Leading Companies in the Bare Metal Cloud Service Market

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• International Business Machines Corporation 

• Oracle Corporation

• Scaleway S.A.S

• Internap Holding LLC

• Lumen Technologies, Inc.

• Others

Key Highlights of the Report

Bare Metal Cloud Service Market Report Snapshots

Bare Metal Cloud Service Market Size

Bare Metal Cloud Service Market Growth

Bare Metal Cloud Service Market Analysis

Bare Metal Cloud Service Market Share

Bare Metal Cloud Service Companies