Europe Bare Metal Cloud Market By Organization Size (Large Enterprises and Small & Medium-sized Enterprises (SMEs)), By Service Type (Compute Services, Managed Services, Networking & Security Services, Database Services, Storage Services and Others), By Industry Vertical (BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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The Europe Bare Metal Cloud Market would witness market growth of 21.4% CAGR during the forecast period (2021-2027). A bare-metal cloud is basically an integration of features of conventional hosting with virtualized cloud Infrastructure as a Service (IaaS). It provides on-demand capacity, at which servers are installed in less than an hour. Billing is done on the basis of the amount of capacity dedicated or utilized, with minimum time increments, and self-servicing, where company users implement workloads through a portal.
The growing demand for high performance & flexible cloud services is contributing the market growth. The bare metal cloud allows high performance computing since no virtualization is utilized. It also offers high-performance cost-efficient software for companies by substituting the virtualization of the cloud with a single dedicated tenant server and thus drives the market growth.
Some of the catalysts for the growth of bare metal cloud market include increasing demand for high-performance & flexible cloud services. The bare metal cloud refers to non-virtualized cloud infrastructure with a single-tenant server. The bare metal cloud environment enables an enterprise to rent dedicated servers & hardware resources from a distant cloud service provider. The bare metal cloud configuration provides cost-effective & high-performance software for the companies, by substituting the virtualization of a cloud with a single-tenant server. The bare metal cloud service is suitable for organizations that are under stringent regulatory needs and want to carry out short-term, data-intensive roles, without any kind of delays. These services are accessible with hourly and monthly cost model, with numerous on-demand storage & processing capacity.
The Germany market dominated the Europe Healthcare Bare Metal Cloud Market by Country 2020, thereby, achieving a market value of $212.1 million by 2027. The UK market is exhibiting a CAGR of 20.9% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 22.7% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Service Type, the market is segmented into Compute Services, Managed Services, Networking & Security Services, Database Services, Storage Services and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Bare Metal Cloud Market Size will Hit $19.3 Billion by 2027, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Lumen Technologies, Inc., Amazon.com, Inc., Dell Technologies, Inc., Microsoft Corporation, Hewlett Packard Enterprise Company, Google, Inc., Alibaba Group Holdings Limited, and Equinix, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Service Type
- Compute Services
- Managed Services
- Networking & Security Services
- Database Services
- Storage Services
By Industry Vertical
- IT & Telecom
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Lumen Technologies, Inc.
- Amazon.com, Inc.
- Dell Technologies, Inc.
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- Google, Inc.
- Alibaba Group Holdings Limited
- Equinix, Inc.
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