ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of Bare Metal Cloud. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Bare Metal Cloud Market across various industries and regions.
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The bare metal cloud industry is expected to enjoy year-on-year (YoY) growth of around 25% in 2022, to total a valuation of US$ 12 Bn. Application in AI and machine learning displayed positive growth of approx. 22% Y-o-Y to total a market valuation of around US$ 2.5 Bn, while big data application was up by around 29% Y-O-Y to reach nearly US$ 2 Bn.
| Anticipated Market Value by 2032 | USD 111.75 Bn |
| Estimated CAGR (2022-2032) | 25% |
| Projected Market Value in 2022 | USD 12 Bn |
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Bare Metal Cloud market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Bare Metal Cloud
This newly published and insightful report sheds light on Market Insights of Bare Metal Cloud, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Bare Metal Cloud Market.
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Key Segments Covered in Bare Metal Cloud Industry Research
-
By Application
- AI and Machine Learning
- Servers
- Render Farms
- Building Application
- NoSQL and Relational Databases
- Custom Virtual Environments
- Big Data
-
By End Use Industry
- Telecommunications
- BFSI (Banking, Financial, Services and Insurance)
- Retail & Consumer Goods
- Manufacturing Sector
- Pharmaceutical Industry
- Others
-
By Organization Size
- SMEs
- MSMEs
- Large Organizations
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Key Takeaways from the Market Study
- The global bare metal cloud market to acquire a market value of USD 111.75 Bn by 2032.
- The global bare metal cloud market to procure a market value of USD 12 Bn by 2022
- China is estimated to account for more than 40% of the East Asia market value share by 2032.
- The Middle East & Africa is yet in the introduction phase, accounting for less than 15% market share at present.
- Revenue from AI & machine learning is anticipated to surge at a CAGR of 29% during 2022-2032.
“IT Sector is anticipated to play the most significant role in developing the market during the forecast period from 2022-2032”- says an analyst at Fact. MR.
Competitive Landscape
The key players of the global bare metal market opt for new strategies to take the forefront position in the industry.
Some of the recent developments among the established players are-
- In January 2022, Amazon Web Services (AWS) launched new EC2 instance type for high-performance computing tasks.
- In January 2022, Rackspace Technology, a known player, disclosed its plan to acquire Just Analytics, a globally renowned provider of cloud-based data, analytics, and Artificial Intelligence (AI).
- In January 2022, Zenlayer, a renowned entity in the cloud service provider disclosed the C+ funding from Telkom Indonesia. Telkom is the largest telecommunications company in Indonesia. The C+ funding brings the financing round to USD 62 Mn.
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