Published Date: 26-May-2021
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According to a new report Global Bare Metal Cloud Market, published by KBV research, The Global Bare Metal Cloud Market size is expected to reach $19.3 billion by 2027, rising at a market growth of 22.3% CAGR during the forecast period.
The Compute Services market dominated the Global Bare Metal Cloud Market by Service Type 2020. The compute services are usually utilized for balancing loads that enhances the distribution of workloads over various computing resources like network links, computer clusters, central processing units, or disk drives. These services deliver flexibility for workload, monetization & termination of cases according to the need, and high speed & low latency in computing operations.
The BFSI market dominated the Global Bare Metal Cloud Market by Industry Vertical 2020. The crucial need for high security & data protection over the online banking medium, safer transactions, and access breaches has also motivated the data traffic that wants to utilize bare metal cloud solutions. The usage of High-Performance Computing (HPC) in areas like derivatives pricing, quantitative modelling, risk analytics, portfolio optimization, and bank stress-testing, for a high-speed performance of complicated calculations on huge data sets, is gradually increasing.
The North America market dominated the Global Bare Metal Cloud Market by Region 2020. Asia Pacific region is the fastest-growing regional market in case of technology adoption, and the demand for digitization is determined by several initiatives framed by various governments and large enterprises in this region. There are various countries like Japan, China, Australia, India, Singapore, and Indonesia that are dominating the adoption of technology that includes implementation of the latest technologies like edge, AI, analytics, IoT, and cloud.
Full Report: https://www.kbvresearch.com/bare-metal-cloud-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Organization Size
By Service Type
By Industry Vertical
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