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Bare Metal Cloud Market Is Growing With A Cagr Of 22.1% In The Forecast Period
Global Bare Metal Cloud Market is growing with factors such as increasing need of dedicated servers to reduce latency in operations. Increasing number of IoT applications hosted on bare metal clouds. Growing emphasis on digitalization and cloud computing have also given a boom to the global bare metal cloud market.
Technological advancements have propelled the demand of the market. However, difficulties faced in bare metal restoration have decreased the demand of the market.
Global Bare metal cloud Market Scenario
According to Data Bridge Market Research, the market for global bare metal cloud in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is IBM Corporation, which accounts an estimated market share of approximately 18% to 25% in the global market. The company has gained outstanding sale by providing Intel Xeon E-2174G, Intel Xeon 4210 and Intel Xeon 8260 products.
In April 2021, IBM Corporation launched container-native software defined storage (SDS) solution, IBM Spectrum Fusion and updates for IBM Elastic Storage System ...
... (ESS). IBM Spectrum Fusion enabled customers to access data seamlessly across edge devise and hybrid cloud platforms. The updated to the ESS provided double the read performance of its predecessor. This updated enabled the upgradation of bare metal cloud environments. This strengthened the company’s storage solution portfolio across various cloud computing platforms.
Trends Impacting the Market
Now the question is which other regions IBM Corporation, Oracle and Lumen Technologies are targeting? Data Bridge Market Research has forecasted a large growth in North America bare metal cloud market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.
The bare metal cloud market is becoming more competitive with companies like IBM Corporation, Oracle and Lumen Technologies. These are the top dominating companies in bare metal cloud market and have launched various products in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global bare metal cloud market.
For more analysis on the global bare metal cloud market request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/global-bare-metal-cloud-market
Bare Metal Cloud Market Developments
In February 2021, IBM Corporation announced the launch of new high-speed, entry-level flash storage systems, IBM FlashSystem 5200. This launch addressed the rise in need for enterprise level storage for businesses of all sizes. The IBM FlashSystem 5200 enhanced the IBM flash storage portfolio and support various platforms including bare metal cloud environment. The new product enabled higher performance than its predecessors and was 20% less expensive. This added to the market growth.
In November 2020, Internap Holding LLC announced the release of its Dedicated Private Cloud Solution (DPC). The DPC is powered by Intelligent Monitoring Service and VMware. The move catered to the need of industries who seek to satisfy stringent compliance requirements, consolidated data centers and stand-up disaster recovery environments among others. This enhanced the company’s bare metal platform providing private cloud infrastructure to the end users in the market.
In April 2020, Scaleway S.A.S. launched a new bare-metal instance of Kubernetes clusters as a service. This service was launched for IT organizations which provided them access to bare-metal instance of Kubernetes that enables them to meet compliance mandates for locating their IT assets at certain locations. This new service launch enabled a recovery module for the bare metal recovery, this added to the service portfolio of the company in the market.
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