The global bare metal cloud market is growing with a CAGR OF 40.3% during the forecast period (2016-2023). Bare metal cloud is a public cloud service where customer leases hardware resources from a remote service provider. The major advantage of the bare metal cloud is that it offers flexibility. Business face the challenge to find right cloud for their needs with the ability to customize software for unique app requirements, hence the bare metal cloud is used. It has virtualization, no operating system (OS), or applications. The major factors boosting bare metal cloud market is bare metal cloud for DevOps and big data applications, bare metal cloud for batch processing and microservices applications, and increasing awareness in open compute project (OCP). The major challenges of the bare metal cloud market are risk with disease transmission and difficulties faced in the bare metal restore. Bare metal cloud is evolving the high-performance market. IT professionals and system administrators are majorly adopting the bare metal cloud services for more flexibility. Furthermore, as the cloud has broken up conventional business models, IT experts required to figure out how to relate the adaptability of the cloud with the security and energy of their bare metal servers or hardware framework The global bare metal cloud market is segmented into organization size, service type, and verticals. The organization size is further divided into Small and Medium Enterprises and Large Enterprises.
The service type is further divided into Compute Services Networking Services, Database Services, Volume and Object Storage Services, Identity and Access Management Services, Professional Services and Managed Services. In which the identity and access management service type is anticipated to have largest market share in the bare metal cloud market during the forecast period (2016-2023) as it is a vital service for bare metal cloud that mostly administers the IT resource access and optimizes the physical security of the bare metal cloud storages and servers. The vertical segmented is sub divided into Banking, Financial Services, and Insurance Government, Healthcare, Retail, Manufacturing, IT & Telecom and Others. Geographically, the global bare metal cloud market is segmented into North America, Europe, Asia pacific, and ROW. In which Asia-pacific is estimated to be the fastest growing region in the global bare metal cloud market, as it alters work load priorities to core business functions from back end operations. However, North America is anticipated to surge the major market share and dominate in the global bare metal cloud market during the forecast period (2016-2023). North America has the key domination with well-established and supportable economies, allowing them to invest in the R&D (Research and Development) activities, thus it is employed to the development of new technologies such as big data, Internet of Things (IoT), DevOps, social media and mobility. Merger & acquisition is the key strategy adopted by the companies in the bare metal cloud market. The major market player of the global bare metal cloud market are Century-link Inc, Datapipe, Dell Technologies, Inc., IBM Corporation, Joyent, Incorporation, Joyent, Incorporation, Rackspace Hosting, Incorporation and Others.