The Bare Metal Cloud market is a rapidly growing segment of cloud computing that is quickly gaining traction across industries. As more businesses and organizations move their data and workloads to the cloud, they are looking for new ways to optimize their infrastructure and reduce costs. Bare Metal Cloud offers a unique solution that provides the benefits of cloud computing, while also providing dedicated, bare-metal servers that are fully customizable and highly secure.
Bare Metal Cloud is a cloud computing service that allows users to rent dedicated, bare-metal servers on-demand. Unlike traditional cloud computing services that rely on virtualized environments, Bare Metal Cloud provides users with full access to physical servers that can be customized to meet specific needs. This allows businesses and organizations to have complete control over their infrastructure, while still taking advantage of the scalability and flexibility of cloud computing.
Executive Summary:
The Bare Metal Cloud market is projected to grow at a CAGR of over 30% from 2021 to 2026, according to a new report by Market Research Future. The market is being driven by factors such as increasing demand for high-performance computing (HPC), the need for reliable and secure cloud infrastructure, and the growing trend of hybrid cloud adoption. In addition, the COVID-19 pandemic has accelerated the adoption of cloud computing, as more businesses move their operations online.
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights:
- The global Bare Metal Cloud market is expected to reach $11.4 billion by 2026, growing at a CAGR of 30.5% from 2021 to 2026.
- The Asia-Pacific region is expected to have the highest growth rate during the forecast period, due to increasing demand for cloud services in emerging economies such as China and India.
- Bare Metal Cloud is being increasingly adopted by businesses in industries such as finance, healthcare, and retail, due to the need for high-performance computing and data security.
- Hybrid cloud adoption is driving demand for Bare Metal Cloud, as businesses seek to optimize their infrastructure by using a combination of public and private cloud services.
Market Drivers:
- Need for high-performance computing: With the growth of data-intensive applications such as artificial intelligence (AI) and machine learning (ML), there is an increasing demand for high-performance computing (HPC) infrastructure. Bare Metal Cloud offers a cost-effective solution that can provide the processing power required for these applications.
- Growing trend of hybrid cloud adoption: As businesses seek to optimize their infrastructure, there is a growing trend of hybrid cloud adoption. Bare Metal Cloud can be used as part of a hybrid cloud strategy, providing businesses with the benefits of cloud computing while still maintaining control over their infrastructure.
- Increasing demand for reliable and secure cloud infrastructure: With the rise of cyber threats and data breaches, there is an increasing need for secure cloud infrastructure. Bare Metal Cloud offers a highly secure solution, as businesses have full control over their servers and can implement their own security measures.
Market Restraints:
- Lack of awareness: Despite the benefits of Bare Metal Cloud, many businesses are not aware of the technology or how it can benefit their operations. This lack of awareness is a significant restraint on the growth of the market.
- Initial setup costs: While Bare Metal Cloud can provide cost savings in the long term, there are initial setup costs associated with deploying dedicated servers. This can be a barrier to adoption for some businesses.
Market Opportunities:
- Growing demand for edge computing: As more data is generated at the edge of networks, there is a growing demand for edge computing infrastructure. Bare Metal Cloud can be used to provide high-performance computing at the edge, providing businesses with the processing power required for edge applications.
- Increasing adoption of containerization: The adoption of containerization is growing, with businesses looking for ways to optimize their container environments. Bare Metal Cloud can provide a dedicated environment for containers, improving performance and reducing the risk of resource contention.
Market Dynamics:
The Bare Metal Cloud market is a dynamic and rapidly evolving space, driven by changing business needs and technological advances. The market is being shaped by factors such as increasing demand for high-performance computing, the growing trend of hybrid cloud adoption, and the need for reliable and secure cloud infrastructure. The market is also being impacted by the COVID-19 pandemic, which has accelerated the adoption of cloud computing as businesses move their operations online.
Regional Analysis:
The Bare Metal Cloud market is segmented by region into North America, Europe, Asia-Pacific, and Rest of the World. North America currently dominates the market, due to the presence of several key players and a high level of adoption among businesses. However, the Asia-Pacific region is expected to have the highest growth rate during the forecast period, due to increasing demand for cloud services in emerging economies such as China and India.
Competitive Landscape:
Leading Companies in the Bare Metal Cloud Market:
- IBM Corporation
- Oracle Corporation
- Rackspace US, Inc.
- Packet Fabric, Inc.
- Joyent, Inc.
- Scaleway SAS
- Liquid Web LLC
- INAP LLC
- Vultr Holdings Corporation
- Leaseweb Global B.V.
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation:
The Bare Metal Cloud market is segmented on the basis of service type, deployment model, organization size, and vertical. Service types include compute services, networking services, storage services, and database services. Deployment models include public cloud, private cloud, and hybrid cloud. Organization sizes include small and medium-sized enterprises (SMEs) and large enterprises. Verticals include healthcare, finance, retail, and others.
Category-wise Insights:
- Compute services: Compute services are the most widely used service type in the Bare Metal Cloud market, due to the increasing demand for high-performance computing.
- Public cloud: The public cloud deployment model is the most widely used, due to its cost-effectiveness and ease of deployment.
- Large enterprises: Large enterprises are the major adopters of Bare Metal Cloud, due to their need for high-performance computing and data security.
- Finance: The finance industry is a major vertical in the Bare Metal Cloud market, due to the need for high-speed trading and secure data storage.
Key Benefits for Industry Participants and Stakeholders:
- Scalability: Bare Metal Cloud provides businesses with the ability to scale their infrastructure on-demand, reducing the need for upfront investment in hardware.
- Customization: Bare Metal Cloud allows businesses to fully customize their infrastructure, providing greater flexibility and control.
- Security: Bare Metal Cloud provides businesses with a highly secure environment, as they have full control over their servers and can implement their own security measures.
SWOT Analysis:
Strengths:
- Provides businesses with dedicated, high-performance servers
- Offers greater flexibility and control than traditional cloud computing services
- Provides a highly secure environment for sensitive data
Weaknesses:
- Lack of awareness among businesses about the technology
- Initial setup costs can be a barrier to adoption for some businesses
Opportunities:
- Growing demand for edge computing and containerization
- Increasing adoption of hybrid cloud strategies
Threats:
- Competition from traditional cloud computing providers
- Security risks and data breaches
Market Key Trends:
- Increasing demand for high-performance computing (HPC)
- Growing trend of hybrid cloud adoption
- Increasing demand for secure cloud infrastructure
- Growing adoption of containerization
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the Bare Metal Cloud market, accelerating the adoption of cloud computing as businesses move their operations online. The pandemic has highlighted the need for reliable and secure cloud infrastructure, as more businesses and organizations rely on cloud services to support remote work and online operations.
The pandemic has also led to an increase in demand for high-performance computing, as businesses look to leverage AI and other data-intensive applications to adapt to the changing business landscape. The pandemic has accelerated the adoption of cloud computing by several years, and the Bare Metal Cloud market is poised to benefit from this trend.
Key Industry Developments:
- IBM Corporation launched a new Bare Metal solution in 2021 that allows businesses to deploy dedicated servers on IBM Cloud.
- Oracle Corporation announced the availability of its Bare Metal Cloud Services in several new regions, including Australia, Canada, and Germany.
- Rackspace Inc. launched its new Bare Metal as a Service offering in 2021, providing businesses with a flexible and scalable solution for deploying dedicated servers.
Analyst Suggestions:
- Businesses should consider adopting Bare Metal Cloud as part of a hybrid cloud strategy, to provide greater flexibility and control over their infrastructure.
- Businesses should prioritize security when deploying Bare Metal Cloud, by implementing their own security measures and monitoring their environment for threats.
- Businesses should carefully consider the costs associated with deploying Bare Metal Cloud, including initial setup costs and ongoing maintenance costs.
Future Outlook:
The Bare Metal Cloud market is expected to continue to grow rapidly in the coming years, driven by increasing demand for high-performance computing and the growing trend of hybrid cloud adoption. The market is also expected to benefit from the increasing adoption of containerization and edge computing, as businesses look to optimize their infrastructure for specific workloads.
However, the market is also likely to face challenges related to competition from traditional cloud computing providers and security risks associated with data breaches and cyber threats.
Conclusion:
The Bare Metal Cloud market is a dynamic and rapidly evolving space that offers businesses and organizations a unique solution for optimizing their infrastructure and reducing costs. The market is being driven by factors such as increasing demand for high-performance computing, the growing trend of hybrid cloud adoption, and the need for reliable and secure cloud infrastructure.
While there are challenges associated with adopting Bare Metal Cloud, such as lack of awareness and initial setup costs, the benefits of the technology are clear, and the market is expected to continue to grow rapidly in the coming years.