Bare Metal Cloud Service Market Report 2023 | Market Statistics and Spending Data Revealed – Market Report by RationalStat

Bare metal cloud is a public cloud service where the customer rents dedicated hardware resources from a remote service provider. The global bare metal cloud service market is expected to reach US$ 29.8 billion by 2030, with an annual growth rate of more than 23.8%.

Wilmington, Delaware, Oct. 20, 2023 (GLOBE NEWSWIRE) — According to

Global Bare Metal Cloud Service Market: Segmental and Market Share Analysis

• Based on type, due to comprehensive control over users’ hardware, network, and server design, the networking services segment dominated the bare metal cloud service market share in 2022 and is likely to remain during the forecast period.
• Based on region, North America dominated the bare metal cloud service market in 2021 and is likely to maintain its lead during the forecast period. As the number of IoT applications hosted on bare metal clouds grows and investments in new technologies grows.

Report Synopsis

Report Metrics	Details
Base Year	2023
Forecast Period	2023-2030
Base Year Market Size	US$ 6.7 billion
Market Size Forecast	US$ 29.8 billion
Growth Rate	23.8%
Dominant Segment	Networking Services
Dominant Region	North America
Key Market Drivers	Cost effectiveness Hybrid and Multi-Cloud Deployments
Companies Profiled	IBM Corp. Oracle Corp. Lumen Internap Amazon Web Services Dell Equinix Google Microsoft Corp. Joyent Inc

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global bare metal cloud service market include,

• In April 2020, JSC Oracle Cloud launched new bare metal and virtual instances powered by AMD’s second-generation Epyc “Rome” CPUs. These are intended for huge data analytics and high-performance computing (HPC) applications.

Some of the prominent players and suppliers operating and contributing significantly to the global bare metal cloud service market growth include IBM Corp., Oracle Corp., Lumen, Internap, Amazon Web Services, Dell, Equinix, Google, Microsoft Corp., and Joyent Inc., among others.

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RationalStat has segmented the global bare metal cloud service market based on type, application and region

• Global Bare Metal Cloud Service Market Value (US$ Million), Volume (Subscription), and Market Share (2019-2030) Analysis by Type
  • Compute Services
  • Networking Services
  • Database Services
  • Others
• Global Bare Metal Cloud Service Market Value (US$ Million), Volume (Subscription), and Market Share (2019-2030) Analysis by Application
  • BFSI
  • IT & Telecommunication
  • Healthcare & Life Sciences
  • Manufacturing
  • Others
• Global Bare Metal Cloud Service Market Value (US$ Million), Volume (Subscription), and Market Share (2019-2030) Analysis by Region
  • North America Bare Metal Cloud Service Market
    • US
    • Canada
  • Latin America Bare Metal Cloud Service Market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Bare Metal Cloud Service Market
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Bare Metal Cloud Service Market
    • Russia
    • Poland
    • Hungary
    • Other CIS Countries
    • Rest of Eastern Europe
  • Asia Pacific Bare Metal Cloud Service Market
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN
      • Indonesia
      • Thailand
      • Philippines
      • Vietnam
      • Malaysia
      • Rest of ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa Bare Metal Cloud Service Market
    • GCC
      • Saudi Arabia (KSA)
      • United Arab Emirates (UAE)
      • Rest of the GCC
    • South Africa
    • Nigeria
    • Turkey
    • Rest of the Middle East & Africa

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Key Questions Answered in the Bare Metal Cloud Service Report:

• What will be the market value of the global bare metal cloud service market by 2030?
• What is the market size of the global bare metal cloud service market?
• What are the market drivers of the global bare metal cloud service market?
• What are the key trends in the global bare metal cloud service market?
• Which is the leading region in the global bare metal cloud service market?
• What are the major companies operating in the global bare metal cloud service market?
• What are the market shares by key segments in the global bare metal cloud service market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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