According to a new market research report “Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Identity & Access Management, Volume & Object Storage, Professional, and Managed), Professional Service Type, Organization Size, Vertical, and Region – Global Forecast to 2021“, published by MarketsandMarkets™, The bare metal cloud market size is estimated to grow from USD 0.87 Billion in 2016 to USD 4.71 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 40.1%.
Bare metal cloud servers are non-virtualized cloud alternatives, primarily implemented to enhance the storage capacity, and data-intensive computing operations, and to deliver high performance workloads across heterogeneous platforms. These servers combine the elasticity and utility of public clouds with the accuracy in operations, enabling stringent control, along with security and predictability of the on-premises infrastructure
Browse 67 market 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 & Access Management, Volume & Object Storage, Professional, and Managed), Professional Service Type, Organization Size, Vertical, and Region – Global Forecast to 2021”
Major Key Companies:
The major vendors in bare metal cloud market include IBM Corporation (U.S.), Oracle Corporation (U.S.), Rackspace Hosting, Inc. (U.S.), CenturyLink, Inc. (U.S.), Packet (U.S.), and Internap Corporation (U.S.).
Identity and access management is expected to play a key role among the service types in the bare metal cloud market and grow at the highest CAGR from 2016 to 2021
The identity and access management services segment controls the access of users to the cloud resources. It states what type of access a group of users has and to which specific cloud resources. In addition, it is instrumental in governing the IT resource access and optimizing the physical security of bare metal cloud servers and storages. The identity and access management services segment is used for the authentication and authorization across all associated services of bare metal cloud. Compartment is a vital component of the identity and access management services segment in the bare metal cloud market, and is mainly responsible for organizing and isolating cloud resources.
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Training and support services is expected to grow at the highest CAGR in the bare metal cloud market and the current trend is expected to continue during the forecast period
The training and support services segment in the bare metal cloud is crucial in nature as it deals with the transformation of ideas into solutions and infrastructure by providing advanced monitoring and management solutions to enterprise applications. The training and support services segment simplifies the adoption, speeds up the optimization, and satisfies the business and technical needs. Bare metal cloud services and solution providers emphasize on offering simple and easy-to-use software, which requires minimum support after deployment. They provide training and dedicated services that are in line with the business requirements of their commercial clients to develop the requisite skillsets in the IT team for the easy management of IT operations and for promoting the adoption of bare metal cloud.
Regional Analysis of Bare Metal Cloud Market
North America is expected to hold the largest market share and would dominate the bare metal cloud market from 2016 to 2021. This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in the Research and Development (R&D) activities, thereby contributing to the development of new technologies such as Internet of Things (IoT), big data, DevOps, mobility, and social media. European market is growing at a fast pace, owing to the major cloud initiatives taken by various countries such as the U.K. (CloudFirst), Germany (Trusted Cloud), and Spain (Public Sector Cloud Initiatives).
Asia-Pacific is estimated to grow at the highest CAGR during the forecast period in the bare metal cloud market, which is attributed to the major cloud initiatives taken in the region by the Australian government to reduce the duplication and fragmentation of data and “G-Cloud” initiative taken by the Singapore government to provide software-as-a-service and IaaS along with the use of bare metal servers.
The stringent cloud regulations and easy availability of lightweight hypervisors in the market are the major restraining factors for the global bare metal cloud market.
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Key Target Audience
- Bare metal cloud providers
- Application developers
- Managed service providers
- Third party system integrators
- Metal-as-a-service providers
- Bare metal hardware vendors
- Regulatory agencies
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