The bare metal cloud comprises physical servers, provisioned to provide cloud services to customers. Unlike, the need for a virtual setup in public cloud services, the Metal-as-a-Service (MaaS) model allows direct installation of bare metal cloud servers into the hardware. A bare metal cloud server offers single and customized tenancy to a customer. Such efficacious bare metal cloud service is prompting the bare metal cloud market growth.
Increase in the use of latency sensitive data applications, rise in on-demand billing of such applications, and need for such cloud servers with greater efficiency are the factors anticipated to fuel the bare metal cloud market growth in the forecast period. Furthermore, the enhanced storage capacity of bare metal cloud server is casting a positive impact on the market growth.
The most favored computing service of bare metal cloud among enterprises includes mission-critical applications, data-intensive computing operations, large Random-Access Memory (RAM) & Non-Volatile Memory express (NVMe), and Solid-State Drives (SSDs). These services ensure the systematic functioning of data center operations of a cloud-based enterprise. The increase in the adoption of cloud-based services by enterprises is likely to contribute to the bare metal cloud market expansion.
Owing to the need for service enhancement, trending across the globe, the bare cloud market has gained attention. To boost inorganic growth, the market key players are opting strategies like partnerships, agreements and collaborations to deliver better bare metal cloud services. Thereby, creating immense scope for the cloud-based business to flourish. Hence, offering customers more desirable services. These factors are expected to augment the bare metal cloud market growth.
Market Research Future (MRFR) reports that the bare metal cloud market is likely to exhibit a CAGR of 31.12% during the forecast period of 2017-2023 and scale up to a valuation of USD 7.73 billion by 2023 end.
Despite there are many factors which are driving the market growth, stringent cloud regulations and premium pricing model are possible constraints, profiled by MRFR, on the bare metal cloud market proliferation.
Prominent companies profiled by MRFR are IBM Corporation (U.S.), Oracle Corporation (U.S.), CenturyLink, Inc. (U.S.), Internap Corporation (U.S.), and Rackspace Hosting, Inc. (U.S.).
Bare Metal Cloud Market study conducted by MRFR is segmented by service type, organization type, vertical, and region.
Based on the service type, the market is segmented into computing services, networking services, database services, identity and access management services, volume and object storage services, and others.
Based on organization type, the market is segmented into small and medium enterprises (SMEs) and large enterprises.
Based on vertical, the market is segmented into BFSI, government, healthcare, IT and telecommunication, manufacturing, retail, and others.
Based on region, the market is segmented into North America, Europe, Asia-Pacific and the Rest of the World (RoW).
North America is predicted to dominate the bare metal cloud market owing to technological advancements in the region. The increase in demand for Internet of Things (IoT), big data, DevOps, mobility, and social media in the US, Mexico, and Canada are boosting the market growth.
The European bare metal cloud market is likely to grow with a fast rate due to huge investments made by the regional key players in research and development for developing enhanced cloud-based services.
MRFR assets, the Asia Pacific region is anticipated to exhibit the highest CAGR in the upcoming years. Crucial market players from developing countries like India, Japan, and China, like the European cloud-based service providers are also making investments on new innovations which are likely to spur the bare metal market growth in the forecast year.
April 2019: FlashGrid Inc. announced the support of its SkyCluster database high availability solution, used by enterprises to achieve uninterrupted operation of mission-critical databases on new Amazon web services bare metal instances.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
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