Report ID: 10085180 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
Worldwide Bare Metal Cloud Market Scope Report
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Base Year |
2002 |
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Forecast Year |
2023-2033 |
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CAGR |
~25% |
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Year Market Size (2022) |
~ USD 12 Billion |
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Forecast Year Market Size (2033) |
~USD 112 Billion |
Global Bare Metal Cloud Market Highlights Over 2023 - 2033
The global bare metal cloud market is estimated to garner a revenue of USD 112 Billion by the end of 2033 by growing at a CAGR of ~25% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of USD 12 Billion in the year 2022. The growth of the market can be attributed to surge in private cloud services expenditure. Approximately 50-60% of businesses intend to utilize cloud computing in the upcoming period.
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A bare metal cloud provides a user with a hardware resources where there is no need to install any operating system. Whereby, a distant service provider rents the specific hardware resources to the user. Bare metal cloud reduces the operating cost and increases the operational efficiency. Moreover, bare metal cloud can be considered as a good option for big data applications and high transaction workloads. Furthermore, for high-transaction workloads that have trouble with latency, the bare-metal cloud is an excellent choice.
Global Bare Metal Cloud Market: Growth Drivers and Challenges
Growth Drivers
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Increasing Need for Effective Storage and Processing Power- As per Information Week survey of over 300 IT professionals, over half said their annual growth rate for storage was between 10% and 24%. 17% stated the annual storage growth rate was 25% to 49%.
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Booming IT & Service Industry – According to IBEF India‘s IT and business services market is projected to reach USD 19.93 billion by 2025.
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Surge in Technological Innovations – According to the UNCTAD Technology and Innovation Report frontier technologies already represent a USD350 billion market, which could grow to USD3.2 trillion by 2025.
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Rising Colocation Services and Number of Data Centres – Colocation providers accounted for more than 50% of the market's total investment in 2021.
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Integration Issues with on Premises Security Management Software
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Growing Interest in Lightweight Hypervisors
The global bare metal cloud market is segmented and analysed for demand and supply by end user into small, medium, and large enterprises. Out of these, the large enterprise segment is expected to hold the largest share over the forecast period in the global bare metal cloud market. This can be attributed to the growing demand for effective storage service and an automated data centre operation. In 2021 approximately USD 245 Billion was spent on data centre systems globally.
Global Bare Metal Cloud Market Regional Synopsis
Regionally, the global bare metal cloud market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2033. Owing to the presence of big companies like Google, Apple, NVidia, and others in the region. As per estimates The United States is the largest tech market in the world, representing 33% of the total, or approximately USD 1.8 trillion for 2022. Furthermore, Asia-Pacific region is anticipated to grow at a faster pace over the forecast period owing to steadily increasing number of companies in the area that offer dedicated servers.
Market Segmentation
Our in-depth analysis of the global bare metal cloud market includes the following segments:
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By Component |
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By Application |
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By End User |
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By Vertical |
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Key Companies Dominating the Global Bare Metal Cloud Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global bare metal cloud market that are included in our report are Alibaba Cloud, Microsoft Corporation, Spotinst LTD., Storm Technologies Limited, Joyent, Incorporation, Google LLC, Lumen Technologies, Inc., Equinix, Inc., IBM Corporation, and others.
Global Bare Metal Cloud Market: Latest Developments
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January, 2022: IBM executed a more focused platform-based hybrid cloud and AI strategy with the disclosure of the sale of assets related to healthcare analytics and data.
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September, 2022: Oracle announced to offer Oracle Cloud Infrastructure (OCI) with Teléfonos de México (TELMEX).
Key Reasons to Buy Our Report
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The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
Frequently Asked Question
The market is segmented by application, vertical, component, end user, and by region.
The large enterprises segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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Report ID: 10085180 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
