MarketsandMarkets Presents Bare Metal Cloud Market size is estimated to grow from USD 0.87 Billion in 2016 to USD 4.71 Billion by 2021

According to a new market research report "Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Identity & Access Management, Volume & Object Storage, Professional, and Managed), Professional Service Type, Organization Size, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, The bare metal cloud market size is estimated to grow from USD 0.87 Billion in 2016 to USD 4.71 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 40.1%.Bare Metal Cloud Market Ask for PDF

Bare metal cloud offers key characteristics, such as on-demand capacity, pay-as-per pricing, and self-automated service to the commercial customers. In addition, it offers major advantages, such as hyper-scalability & flexibility, majorly used for big data applications, artificial intelligence applications, and latency-sensitive high-data transaction workloads. Moreover, bare metal cloud offers on-demand access to high- performance-dedicated servers by deploying and provisioning bare metal cloud instance via a web portal or application programming interface, which is flexible in nature and easy to deploy & manage over the web. This Bare metal cloud market is segmented on the basis of service type, professional service, user type, and vertical. The identity and access management service type is expected to dominate the bare metal cloud market, at the highest Compound Annual Growth Rate (CAGR) during the forecast period as it is a crucial service for bare metal cloud that majorly governs the IT resource access and optimizes the physical security of the bare metal cloud servers and storages.Bare metal cloud market

Regional Analysis of Bare Metal Cloud Market North America is expected to hold the largest market share and would dominate the bare metal cloud market from 2016 to This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in the Research and Development (R&D) activities, thereby contributing to the development of new technologies such as Internet of Things (IoT), big data, DevOps, mobility, and social media. European market is growing at a fast pace, owing to the major cloud initiatives taken by various countries such as the U.K. (CloudFirst), Germany (Trusted Cloud), and Spain (Public Sector Cloud Initiatives). Asia-Pacific is estimated to grow at the highest CAGR during the forecast period in the bare metal cloud market, which is attributed to the major cloud initiatives taken in the region by the Australian government to reduce the duplication and fragmentation of data and “G-Cloud” initiative taken by the Singapore government to provide software- as-a-service and IaaS along with the use of bare metal servers.

The major vendors in bare metal cloud market include IBM Corporation (U.S.), Oracle Corporation (U.S.), Rackspace Hosting, Inc. (U.S.), CenturyLink, Inc. (U.S.), Packet (U.S.), and Internap Corporation (U.S.). Major Key Compnaies: Browse Complete Reports/bare-metal-cloud-market htmlhttps:// Reports/bare-metal-cloud-market html

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