Bare Metal Cloud Service Market - Healthcare end-use industry segment demands

Posted by RASHMI on May 16th, 2019

The global bare metal cloud service market is bifurcated by components into hardware, software, and services. Services based component segment is expected to reach US$ 8,465.3 Mn by 2025. Bare metal cloud service is very useful for the highly intensive applications and many well-established players are launching novel services pertaining to the bare metal cloud.

For instance, in January 2017, Oracle Corporation announced the availability of the load balancing service that enable user to create a highly available load balancer within the company’s virtual cloud network. With the help of a load balancing bare metal cloud service, user can allocate internet traffic to their compute instances across many regional obtainability domains when the application stresses on the high availability.

On the basis of enterprise type, the bare metal cloud service market is segmented into SMBs (Small & Medium Enterprise), and large enterprise. Large enterprise segment is expected to hold higher market share of 67.9.1% in 2025 and expected to reach US$ 17,459.9 Mn. The large enterprise segment is expected to witness higher market share, owing to the production of large data volume on a consistent basis.

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Furthermore, large enterprise also requires effective storage service and automated datacenter operation for the efficient operation. Additionally, bare metal cloud service is more popular for large enterprises, as they want to maintain, manage, and control their own IT cloud infrastructures and servers.