Analysis - by Service Type (Networking Services, Storage & Database Services, Compute Services, Security Services, and Others), Enterprise Size (SMEs and Large Enterprises), and Application (BFSI, Manufacturing, Government, Retail, Healthcare, IT & Telecommunications, and Others)
No. of Pages:
101
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Report Code:
BMIRE00029591
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Category:
Technology, Media and Telecommunications
The Europe bare metal cloud market was valued at US$ 1,856.54 million in 2022 and is expected to reach US$ 7,564.33 million by 2030; it is estimated to grow at a CAGR of 19.2% from 2022 to 2030.
Demand for Scalable, Flexible, Efficient, and Easy IT Infrastructure Fuels the Europe Bare Metal Cloud Market
Flexibility is a significant advantage offered by bare metal cloud services. It provides end-user complete control over cloud assets so that the user can setup and customize it as per need. Mainly, the user has direct physical access to the resources compared to typical cloud offerings where physical resources are hidden behind the hypervisor layer. Bare metal cloud services allow one to control the number of virtual machines and the workload on them. Despite higher per-unit costs, bare-metal cloud service is more cost-efficient than virtualized servers for high workloads. Since, usage rates are calculated on whichever is suitable an hourly or a monthly basis.
Organizations grow rapidly and hence expect operations to scale up as per the requirement. With easier scalability being offered by the bare metal cloud model, many organizations seem to adopt the model for their diverse operations, including financial management and IT infrastructure management. Adopting such a modular structure that can scale up the IT infrastructure, storage, computing, and fabric in a single architecture has been the adopted widely today. The flexibility offered by bare metal cloud models gives a competitive advantage to companies by quickly adjusting to the demands of customers and making the necessary changes in the operations efficiently. High efficiency and low latency are a prerequisite for leading companies, and deployment of bare metal cloud service gives them the power to be flexible and efficient.
Small, medium, and large enterprises are adopting bare metal cloud services due to factors such as increased data speed, benefits offered by cloud services, cost-efficient features, and others. data In January 2023, DartPoints launched bare metal cloud solutions that will offer servers to the tenants and allow them to take full control of their IT infrastructure, achieving cloud-like agility with highly secure physical equipment. Thus, benefits of bare metal cloud solutions such as flexibility and scalability contribute to its adoption and launch of new solutions, which fuel the bare metal cloud market growth.
Europe Bare Metal Cloud Market Overview
The strength of Europe economy and rising demand for cloud computing in the region are major factors primarily driving the demand for bare metal cloud in Europe. The demand is primarily fulfilled by the colocation service providers that hold the larger market share in Europe. Increasing need among enterprises for reliable and secure cloud services is the major factor bolstering the bare metal cloud market growth. Data centers and cloud solutions are experiencing high demands. Also, investments in these technologies are expected to increase significantly in the coming years. Many big companies have opted for cloud solutions or are planning to launch their cloud computing services in Europe due to factors such as establishment of General Data Protection Regulation (GDPR), climatic conditions of the region, government support, and increasing business in Europe to provide the best uptime and secure service delivery. In Europe, industries such as BFSI, IT & telecom, and manufacturing are achieving sustainability goals by implementing cloud computing, IoT, edge computing, AI, and other digital technologies. The European Union supports the development of several technological solutions in Europe with research and innovation actions under the Horizon 2020 Programme. European Union-funded projects accelerate the adoption of digital solutions among businesses to foster their business growth.
Europe Bare Metal Cloud Market Revenue and Forecast to 2030 (US$ Million)
Europe Bare Metal Cloud Market Segmentation
The Europe bare metal cloud market is segmented based on service type, enterprise size, application and country.
Based on service type, the Europe bare metal cloud market is segmented into networking services, storage & database services, compute services, security services, and others. The storage & database services segment held the largest Europe bare metal cloud market share in 2022.
In terms of enterprise size, the Europe bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger Europe bare metal cloud market share in 2022.
By application, the Europe bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held the largest Europe bare metal cloud market share in 2022.
Based on country, the Europe bare metal cloud market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the Europe bare metal cloud market in 2022.
Bigstep Inc, Cyxtera Technologies Inc, Equinix Inc, International Business Machines Corp, Limestone Networks Inc, Lumen Technologies Inc, Oracle Corp, Rackspace Technology Inc, and Scaleway SAS are some of the leading companies operating in the Europe bare metal cloud market.
Europe Bare Metal Cloud Strategic Insights
Strategic insights for the Europe Bare Metal Cloud provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Europe Bare Metal Cloud Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,856.54 Million
Market Size by 2030
US$ 7,564.33 Million
Global CAGR (2022 - 2030)
19.2%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Service Type
Networking Services
Storage & Database Services
Compute Services
Security Services
By Enterprise Size
SMEs
Large Enterprises
By Application
BFSI
Manufacturing
Government
Retail
Healthcare
IT & Telecommunications
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Bigstep Inc
Cyxtera Technologies Inc
Equinix Inc
International Business Machines Corp
Limestone Networks Inc
Lumen Technologies Inc
Oracle Corp
Rackspace Technology Inc
Scaleway SAS
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Europe Bare Metal Cloud Regional Insights
The geographic scope of the Europe Bare Metal Cloud refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The Europe Bare Metal Cloud Market is valued at US$ 1,856.54 Million in 2022, it is projected to reach US$ 7,564.33 Million by 2030.
What is the CAGR for Europe Bare Metal Cloud Market by (2022 - 2030)?
As per our report Europe Bare Metal Cloud Market, the market size is valued at US$ 1,856.54 Million in 2022, projecting it to reach US$ 7,564.33 Million by 2030. This translates to a CAGR of approximately 19.2% during the forecast period.
What segments are covered in this report?
The Europe Bare Metal Cloud Market report typically cover these key segments-
Service Type (Networking Services, Storage & Database Services, Compute Services, Security Services)
Enterprise Size (SMEs, Large Enterprises)
Application (BFSI, Manufacturing, Government, Retail, Healthcare, IT & Telecommunications)
What is the historic period, base year, and forecast period taken for Europe Bare Metal Cloud Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Bare Metal Cloud Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Europe Bare Metal Cloud Market?
The Europe Bare Metal Cloud Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Bigstep Inc
Cyxtera Technologies Inc
Equinix Inc
International Business Machines Corp
Limestone Networks Inc
Lumen Technologies Inc
Oracle Corp
Rackspace Technology Inc
Scaleway SAS
Who should buy this report?
The Europe Bare Metal Cloud Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Bare Metal Cloud Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines