Asia Pacific Bare Metal Cloud Market By Organization Size (Large Enterprises and Small & Medium-sized Enterprises (SMEs)), By Service Type (Compute Services, Managed Services, Networking & Security Services, Database Services, Storage Services and Others), By Industry Vertical (BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Bare Metal Cloud Market would witness market growth of 24.5% CAGR during the forecast period (2021-2027). The IT & telecommunication sector is shifting from controlling and possessing IT infrastructure. There are several companies that have started to change their servers by cloud-based subscription services. With the constant evolution of the cloud as one of the fastest-growing domains of technology, the area for the bare metal cloud market would also grow.
Bare metal hardware can be adjusted for better performance and offer characteristics such as shifting BIOS & IPMI configurations or immobilizing hyperthreading in the CPU. The Internap Corporation’s Bare Metal had undergone testing alongside Amazon AWS and IBM cloud capabilities in the past few years.
Asia Pacific region is a hub of several companies regarding retail & consumer goods, manufacturing, healthcare & Lifesciences, and media & entertainment that is further projected to propel the demand for the bare metal cloud market during the forecast period. The governments of the nations in the APAC region are also implementing cloud by numerous initiatives like smart cities initiatives that will act as the main catalyst for the adoption of public cloud bare metal professional & managed services. Several government agencies or organizations are favouring the conversion of their current IT infrastructure to manage data-intensive workloads with personalized, on-demand, more flexible safer single-tenant bare metal servers.
The China market dominated the Asia Pacific Networking & Security Services Bare Metal Cloud Market by Country 2020, thereby, achieving a market value of $207.8 million by 2027. The Japan market is showcasing a CAGR of 25.8% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 27.3% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Service Type, the market is segmented into Compute Services, Managed Services, Networking & Security Services, Database Services, Storage Services and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Lumen Technologies, Inc., Amazon.com, Inc., Dell Technologies, Inc., Microsoft Corporation, Hewlett Packard Enterprise Company, Google, Inc., Alibaba Group Holdings Limited, and Equinix, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Service Type
- Compute Services
- Managed Services
- Networking & Security Services
- Database Services
- Storage Services
By Industry Vertical
- IT & Telecom
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Lumen Technologies, Inc.
- Amazon.com, Inc.
- Dell Technologies, Inc.
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- Google, Inc.
- Alibaba Group Holdings Limited
- Equinix, Inc.
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