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Detailed examination of the bare metal cloud market to grow at 40.1% CAGR by 2021

IT Market Research

The overall bare metal cloud market in this report has been defined as the market size for multiple bare metal cloud services offered by bare metal cloud service vendors, inclusive of professional and managed bare metal cloud services. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.

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The bare metal cloud market size is expected to grow from USD 0.87 billion to USD 4.71 billion, at a Compound Annual Growth Rate (CAGR) of 40.1% from 2016 to 2021.

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The key players in the Bare Metal Cloud Market include – IBM Corporation (U.S.), Oracle Corporation (U.S.), CenturyLink, Inc. (U.S.), Internap Corporation (U.S.), Rackspace Hosting, Inc. (U.S.), Packet (U.S.), Bigstep (U.K.), Dell Technologies, Inc.

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(U.S.), Scaleway Corporation (France), Spotinst (Israel) , Joyent Corporation (U.S.), and Strom (U.S.).

The report analyzes the opportunities in the market and the details of the competitive landscape for stakeholders and market leaders. In addition, the research study analyzes competitive developments, such as mergers & acquisitions, new partnerships, new contracts, key strategies, and new product developments in the bare metal cloud market.

The research report segments the bare metal cloud market by service type, organization type, vertical, and region.

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The bare metal cloud market size is expected to grow from USD 0.87 billion to USD 4.71 billion, at a Compound Annual Growth Rate (CAGR) of 40.1% from 2016 to 2021.The technological advancements and the proliferation in smart devices and complex customer data are driving the need for reliable balancing of data-intensive and latency-sensitive computing operations in the commercial enterprises. These multifaceted operations create heavy load on the traditional storage devices causing latency and thereby resulting in a low throughput.

Moreover, it becomes critical to manage and cope with the associated computing, networking, and database needs required for processing the heavy workloads on a Software-as-a-Service (SaaS)-based model. Load balancing improves the distribution of additional workloads across the bare metal cloud servers to enable smooth functioning and allocation of resources to multiple processes.

In these scenarios, it is critical to manage load balancing on cloud for its smooth operations, and to enhance enterprises’ business operations and to boost revenue growth.

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Implementation of bare metal cloud servers is a critical process, as these servers are powerful, high performing, and complex in nature. It plays the vital role of offering various associated services such as compute, database, and networking to the commercial customers in the bare metal cloud.

Implementation services initiate with the process of critical examination of business requirements and end with monitoring or maintaining of the deployed services or solutions.

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