Bare Metal Cloud Market by Enterprise Size (Small & Medium Enterprises and Large Enterprises), End-user Verticals (Banking, Financial Services & Insurance (BFSI), Retail, Healthcare, IT & Communication, and Other End-user Industries), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global bare metal cloud market size was valued at USD 4.3 billion in 2020 and is expected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for high performance and flexible cloud services.
Bare metal cloud is a single tenant server with a non-virtualized cloud infrastructure. It allows an organization to rent dedicated servers and hardware resources from a remote cloud service provider. It delivers high performance and cost-effective solutions for organizations, which are ideal for companies under strict regulatory requirements and perform short-term and data-intensive functions without any overhead delays.
Bare metal cloud is based on high performance, highly configurable, and on-demand cloud resources that are gaining significant popularity among multinational companies. It enables its users to rent hardware sources from managed services providers or public cloud service providers.
Some factors driving the bare metal cloud market include rising demand for scalable, flexible, efficient & easy IT infrastructure, low CAPEX & OPEX, and rapidly increasing data traffic. Bare metal cloud services are available with hourly and monthly pricing model, as well as different on-demand storage and processing capacity.
Market Trends, Drivers, Restraints, and Opportunities
- Growing number of data centers, growth in colocation services, and streaming cloud computing are encouraging businesses to invest in bare metal cloud services, which in turn, are projected to boost the market during the forecast period.
- Data storage servers and existing computing hardware are components of a remotely provisioned service for users, hence cloud computing services are majorly attracting investment in the market.
- Many enterprises started shifting away from servers towards cloud-based subscription services, thus driving the market.
- Internap Corporation’s bare metal machine configuration was at 32 %, which is less expensive than the same configuration running on IBM Corporation cloud. This factor is expected to spur the market.
- Companies are utilizing bare metal cloud services over private clouds, where service providers manage the hypervisor layer for their customers. This is expected to propel the market.
- The backup and replication server requires exactly the same hardware while restoring the failed bare metal system, which is anticipated to hamper the market in the coming years.
- Restoring bare metal is a difficult process for most organizations. Vendors require intensive exercise through the dry run of restoring. These factors are expected to hinder the market growth.
- In April 2020, IBM lowered their prices on bare metal servers and included up to 20TB of bandwidth with new competitive prices, due to the pandemic. This is creating significant opportunities for the market players.
Scope of the Report
The report on the global bare metal cloud market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Bare Metal Cloud Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Enterprise Size (Small & Medium Enterprises and Large Enterprises), End-user Verticals (Banking, Financial Services & Insurance (BFSI), Retail, Healthcare, IT & Communication, and Other End-user Industries) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
IBM Corporation, Oracle Corporation, Rackspace Inc., Centurylink Inc., Internap Corporation, Packet, Datapipe, Inc., Scaleway, Limestone Networks Inc., and Bigstep Technologies Pvt. Ltd. |
Market Segment Insights
Large enterprises segment is anticipated to dominate the market
In terms of enterprise size, the market is bifurcated into small & medium enterprises and large enterprises. The small & medium enterprises segment is anticipated to dominate the market, due to requirement of streamlining data operations. Moreover, medium-scale enterprises use cloud-based data storage for storing and networking a large amount of information generated by various industries.
BFSI segment is expected to grow at a rapid pace
Based on end-user verticals, the market is divided into banking, financial services & insurance (BFSI), retail, healthcare, IT and communication, and other end-user industries. The BFSI segment is expected to grow at a rapid pace during the forecast period, owing to requirement of bare-metal cloud services with rising transactions.
North America to hold a key market share
On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to hold a key share of the market during the forecast period, owing to factors such as presence of a huge number of end-users, early adoption of servers to improve the capabilities, large-scale adoption of the companies switch toward SaaS-based capabilities, and implementation of digital business strategies.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bare Metal Cloud Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bare Metal Cloud Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bare Metal Cloud Market - Supply Chain
4.5. Global Bare Metal Cloud Market Forecast
4.5.1. Bare Metal Cloud Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bare Metal Cloud Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bare Metal Cloud Market Absolute $ Opportunity
5. Global Bare Metal Cloud Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Bare Metal Cloud Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Bare Metal Cloud Demand Share Forecast, 2019-2026
6. North America Bare Metal Cloud Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Bare Metal Cloud Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Bare Metal Cloud Demand Share Forecast, 2019-2026
7. Latin America Bare Metal Cloud Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Bare Metal Cloud Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Bare Metal Cloud Demand Share Forecast, 2019-2026
8. Europe Bare Metal Cloud Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Bare Metal Cloud Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Bare Metal Cloud Demand Share Forecast, 2019-2026
9. Asia Pacific Bare Metal Cloud Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Bare Metal Cloud Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Bare Metal Cloud Demand Share Forecast, 2019-2026
10. Middle East & Africa Bare Metal Cloud Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Bare Metal Cloud Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Bare Metal Cloud Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Bare Metal Cloud Market: Market Share Analysis
11.2. Bare Metal Cloud Distributors and Customers
11.3. Bare Metal Cloud Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. IBM Corporation
11.4.2. Oracle Corporation
11.4.3. Rackspace Inc.
11.4.4. Centurylink Inc.
11.4.5. Internap Corporation