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Bare Metal Cloud Demand in Telecommunication Industry to Increase at 23% CAGR through 2031Steered by AI and Machine Learning Integration across Industries, Bare Metal Cloud Demand will Surge at 27% CAGR through 2031 Fact.MR's latest survey provides in-depth analysis on the critical trends and macro-economic indicators affecting growth in the bare metal cloud market. The report offers insights into governing factors along with examines market attractiveness across various segments including application, end use industry, and organization size. The survey also discloses hidden opportunities for the market players to capitalize on during the assessment period 2021-2031 NEW YORK, Sept. 27, 2021 /PRNewswire/ -- As per a newly published report by Fact.MR, the global bare metal cloud market is poised to total US$ 12 Bn by the end of 2021. In response to the surging demand for cost-effective hosted services to achieve efficient performance and increasing application across different industry verticals, the market is anticipated to exhibit a year-on-year (YoY) growth of 25% in 2021.0020  The market registered growth at a CAGR of 24% from 2016 to 2020. Rapidly expanding information technology (IT) & service industry and proliferation of the work from home culture are propelling the demand for bare metal cloud management software solutions. Driven by this, the market is projected to exhibit a CAGR of 27% during the forecast period 2021-2031. Since the last decade, rapid shift towards bare metal cloud from traditional hosting services is notices across diverse industries, especially in telecommunication and banking, financial, services, and insurance (BFSI) sector. This can be attributed to the growing need for secure storage facilities and streamlining data operations. Request a report sample to gain comprehensive insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=6939 The market also will gain from the rising demand for data security, effective service delivery, and standardized hardware platforms due to the integration of artificial intelligence (AI) across various industries. As per Fact.MR, the telecommunication industry is expected to record the highest demand for bare metal cloud solutions. Driven by the increasing adoption of digital operations and surging demand for efficient storage of large data sets, the sales in the segment is estimated to rise at an impressive CAGR of 23% through 2031. "Growing digitalization and extensive usage of advance technologies such as machine learning, internet of things (IoT), AI, and analytics across diverse industries are expected to facilitate growth in the market over the future course of time," says a Fact.MR analyst. Key Takeaways from the Bare Metal Cloud Market Analysis
Key Drivers
To learn more about Bare Metal Cloud Market, you can get in touch with our Analyst at: https://www.factmr.com/connectus/sample?flag=AE&rep_id=6939 Competitive Landscape The top five vendors in the bare metal clouds market is estimated to account for nearly 35% of overall sales in the global market. Leading players are focusing on launching novel products to enhance their product portfolio. Some of the key vendors are aiming at engaging into strategic collaboration, merger, and acquisition of maintain their lead in the landscape. For instance,
Some of the leading players in the market profiled by Fact.MR are:
More Valuable Insights on Bare Metal Cloud Market Fact.MR, in its new report, offers an unbiased analysis of the global bare metal cloud market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in bare metal cloud market with detailed segmentation:
Key Questions Covered in the Bare Metal Cloud Market Report
Explore Fact.MR's Coverage on the Technology Domain – SAP Cloud Platform Services Market- A complicated cloud environment has resulted from the growing number of solutions in the entire cloud ecosystem. In order to address cloud problems, companies like SAP SE have developed advanced cloud platform services that provide simplified process control and improved workload management through a variety of SAP cloud platform services. According to the Fact.MR analysis, the SAP cloud platform services market is expected to remain optimistic in the coming years, owing to significant growth opportunities, with growing small and big scale organizations turning to SAP cloud platform services to improve business performance. Commerce Cloud Market- Brands can create a seamless commerce and buying experience across numerous digital platforms, such as mobile, web, social media, and others, using a cloud-based commerce platform. Enterprises can provide a better customer experience for their connected shoppers by utilizing commerce cloud. The need for commerce cloud solutions will expand at a high rate in the next 5 years as the global eCommerce sector grows. Applications such as smart wallets, mobile payments, and digital bank services will benefit from 5G wireless technology. In the next years, 5G wireless networks will fuel demand for commerce cloud services. Data Center Market- With the increased adoption of cloud technologies to support the internet economy, as well as the acceleration of digital content-driven consumption, third-party data centers have become more popular in recent years. The upward trend coincides with the expansion of the cloud-managed service sector. Enterprises continue to introduce new software as a service (SaaS) and platform-as-a-service (PaaS) as cloud adoption grows in key markets, while focusing on lowering the cost and reliance on Infrastructure as a Service (IaaS) (IaaS). This will have a negative impact on the data center market's growth prospects. About Fact.MR Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & healthcare to technology & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner. Contact: Mahendra Singh Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg 
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