The North America Bare Metal Cloud Market would witness market growth of 20.8% CAGR during the forecast period (2021-2027). Bare metal cloud servers are considered as the non-virtualized cloud substitutes, mainly deployed to increase the storage capacity & data-intensive computing operations and provide high-performance workloads over various platforms.
These kinds of servers integrate the elasticity & utility of public clouds with precision in operations, allowing strict control & safety and predictability of the on-premises infrastructure. In addition, they are useful in providing high performance, better availability, and cost-efficient infrastructure services with operations of a high intensity of Software as a Service (SaaS) applications and Platform as a Service (PaaS). However, the bare-metal cloud is non-virtualized, it can still be provided through a cloud-like service model.
The bare metal cloud technology has become an effective mode for high-performance software by integrating cloud hosting along with bare metal servers. Many companies are being encouraged to put high investment in bare metal cloud services due to the expansion in colocation services, rising data centres, and the increasing cloud computing around the world. Since data storage servers & current computing hardware are a part of a distantly provisioned service for customers, the market is attracting major investment in cloud computing services.
The US market dominated the North America Bare Metal Cloud Small & Medium-sized Enterprises (SMEs) Market by Country 2020, thereby, achieving a market value of $1,550 million by 2027, growing at a CAGR of 22.9 % during the forecast period. The Canada market is experiencing a CAGR of 26.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 25.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Bare Metal Cloud Market is Estimated to Reach USD 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.
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