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Bare Metal Cloud Market - Key Players Focus on Evolving market Trends and Dynamics
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Global Bare Metal Cloud market is segmented into services and end user industry. On the basis of services, the market is segmented into networking services, identity and access management services, business consulting services, training and support services, implementation services, compute services, database services, volume and object storage services and others. End user industry segment is further segregated into Banking, Financial Services, and Insurance (BFSI), IT and Telecom, healthcare, manufacturing, retail, food and beverages, construction and chemical among others. The major driving factors responsible for the growth of global Bare Metal Cloud market size include growth in development of government regulations, inclination towards cloud-based services and rise in demand for wireless communication. However, the high costs associated with the maintenance and expensive hardware is restraining the growth of global Bare Metal Cloud market. Lightweight hypervisors and stringent cloud regulations are other factors restraining the growth of this market during the forecast period from 2017 to 2025.However, bare metal cloud for batch processing applications and microservices followed by growing interest in Open Compute Project (OCP) and bare metal cloud for Big Data and Devops Applications are the main opportunity factors in the growth of global Bare Metal Cloud market.
Globally, on the basis of geography, Bare Metal Cloud market has been segmented into North America, Asia Pacific, Europe, Latin America and Middle- East and Africa (MEA). In 2016, North America held the largest share of the Bare Metal Cloud market owing to the presence of large number of corporations that focuses on research and development in cloud environment as part of their key strategy to invest in. European Bare Metal Cloud market is estimated to grow at a fast pace, owing to the major cloud initiatives undertaken by various countries which include Germany (Trusted Cloud), the U.K. (CloudFirst), and Spain (Public Sector Cloud Initiatives) among others. Asia Pacific region is projected to be the fastest growing regional market owing to increasing number of market entrants .In addition, G-Cloud initiative undertaken by the government in Singapore to provide software-as-a-service and IaaS along with the use of bare metal servers is also expected to boost the demand of global Bare Metal Cloud market in coming years. All these factors are expected to increase the demand of Bare Metal Cloud market during the forecast period from 2017- 2025.
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The major players operating in the global Bare Metal Cloud market includes CenturyLink, Inc. (The U.S.), Rackspace Hosting, Inc. (The U.S.), IBM Corporation (The U.S.) and Internap Corporation (The U.S.) and Media Temple (The U.S) among others.
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