Thebare metal cloud market is gaining traction owing to the critical need forreliable load balancing of data-intensive and latency-sensitive operations,over cloud. The rising need for non-locking compute and storage resources alongwith the advent and rising adoption of fabric virtualization are some of theother factors contributing to the growth of the bare metal cloud market.
MarketsandMarketsforecasts the bare metal cloud market size to grow from USD 0.87 Billion in2016 to USD 4.71 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of40.1% from 2016 to 2021.
Browse 67market data tables and 52 figures spread through 131 pages and in-depth TOC on“Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Identity & AccessManagement, Volume & Object Storage, Professional, and Managed),Professional Service Type, Organization Size, Vertical, and Region - GlobalForecast to 2021”
Thereare several established players in this market such as IBM Corporation (U.S.),Oracle Corporation (U.S.), CenturyLink, Inc. (U.S.), Internap Corporation (U.S.),and Rackspace Hosting, Inc. (U.S.). These leading players have adopted variousstrategies such as partnerships, collaborations, agreements, mergers &acquisitions, and new product developments to achieve growth in the global baremetal cloud market.
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IBMCorporation is one of the leading players in the bare metal cloud market. Thecompany adopted both organic as well as inorganic strategies to enhance itspresence in the market. It entered into various partnerships and strategicalliances with local as well as global players. For instance, in October 2016,IBM Corporation partnered with Majesco, a leading solutions and servicesprovider of cloud computing in the U.S. This partnership enabled the IBMclients to speed up the development of new customer services with predictivedata analytics for insurance providers, to bring new solutions to the clients.The company acquired Gravitant, Inc., a privately held company of the U.S.,which majorly offers cloud-based software to the application developers for thedevelopment of enterprise applications and also provides cloud-associated servicesand solutions to its commercial customers. This acquisition enabled IBMCorporation to broaden its bare metal services and offerings.
OracleCorporation is another major provider of bare metal cloud. The company has astrong geographic presence worldwide including North America; Europe, MiddleEast, and Africa; and Asia-Pacific. The company focuses more on the inorganicgrowth strategies to tap into the bare metal cloud market. For instance, inJuly 2016, Oracle Corporation partnered with Fujitsu, a leading cloud computingand IT infrastructure provider, to drive the cloud computing market and deliverenterprise-grade services to customers in Japan and their subsidiaries aroundthe globe.
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