Middle East & Africa Bare Metal Cloud Market Forecast to 2030
Middle East & Africa Bare Metal Cloud Market Forecast to 2030 – Regional Analysis – by Service Type (Networking Services, Storage & Database Services, Compute Services, Security Services, and Others), Enterprise Size (SMEs and Large Enterprises), and Application (BFSI, Manufacturing, Government, Retail, Healthcare, IT & Telecommunications, and Others)
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Description
Rising Demand for Colocation Services Fuels the Middle East & Africa Bare Metal Cloud Market
Constructing data center involves huge capital investments, and ROI is comparatively low. Also, other expenses and efforts such as maintenance and service become a burden on enterprises. Small enterprises don’t have enough budget or capital investments to construct a data center. Therefore, most of these enterprises are choosing colocation or cloud services to store their data. Moreover, the rising demand for colocation services is propelling the construction of mega data centers as they offer economies of scale. Therefore, many colocation service providers are expanding their businesses and launching new data centers across the world to cater to requirements of enterprises and businesses. Thus, it is anticipated that the colocation service products will increase in the coming years.
The data center market players are engaged in gaining profits by providing running bare-metal servers in colocation centers. The deployment of workloads on bare-metal servers is gaining traction among organizations to host a server in colocation facilities rather than on-premises due to several benefits offered by the colocation services. Due to the drawback of running applications on the virtual server where the performance of the system is flaky, bare-metal colocation service can solve this issue by allowing the organizations to deploy their workloads directly on physical servers, where GPUs can crunch large volumes of numbers quickly and enhance the system performance. Thus, increasing demand for colocation services will drive the bare metal cloud market growth in the coming years.
Middle East & Africa Bare Metal Cloud Market Overview
The MEA has experienced a rapid penetration of internet connectivity over the years. Government authorities have launched various initiatives to promote digital transformation across all industry sectors and increase efficiency and competitiveness in the global market. In March 2021, the government of Saudi Arabia launched the Digital Government Authority (DGA) to oversee the national digital strategy across the country. In addition, the region comprises several growing economies, such as the UAE, Saudi Arabia, Oman, Kuwait, and Qatar. These countries are becoming potential markets for digitalization owing to a rapid rise in industrialization and growth in the adoption of advanced technological solutions to handle the increased volume of data. Thus, the rise in digitization and industrialization propels the demand for bare metal cloud services by several players across various industries in the MEA to build their cost-effective digital infrastructure and enhance their data security.
Key factors driving the bare metal cloud adoption in the MEA are the rising availability of better technology and rapid deployment of additional IT resources, delivering more projects without recruiting additional headcount and standardization. The bare metal cloud market in the MEA is growing due to rising number of companies establishing and increasing penetration of digitalization across companies in the region. The market has recently evolved to many colocation service providers considering offering bare metal cloud service in the region. In addition, many global bare metal service providers are expanding their businesses in the MEA.
Middle East & Africa Bare Metal Cloud Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Bare Metal Cloud Market Segmentation
The Middle East & Africa bare metal cloud market is segmented based on service type, enterprise size, application, and country.
Based on service type, the Middle East & Africa bare metal cloud market is segmented into networking services, storage & database services, compute services, security services, and others. The storage & database services segment held the largest Middle East & Africa bare metal cloud market share in 2022.
In terms of enterprise size, the Middle East & Africa bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger Middle East & Africa bare metal cloud market share in 2022.
By application, the Middle East & Africa bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held the largest Middle East & Africa bare metal cloud market share in 2022.
Based on country, the Middle East & Africa bare metal cloud market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa bare metal cloud market in 2022.
International Business Machines Corp, Oracle Corp, Rackspace Technology Inc, Lumen Technologies Inc, and Equinix Inc are some of the leading companies operating in the Middle East & Africa bare metal cloud market.
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According to The Research Team’ research, the Middle East & Africa bare metal cloud market was valued at US$ 406.37 in 2022 and is expected to reach US$ 1,709.65 million by 2030, registering a CAGR of 19.7% from 2022 to 2030. Demand for scalable, flexible, efficient, and easy IT Infrastructure and low CAPEX and OPEX required for bare metal cloud infrastructure are among the critical factors attributed to the Middle East & Africa bare metal cloud market expansion.
The biggest advantage of deploying bare metal cloud models for organizations is reducing the capital expenditure (CAPEX) and operational expenditure (OPEX) for organizations. Bare metal cloud avails the use of hardware and software services only on a subscription basis as per the amount used. The end-user of this service does not have to pay for owning the hardware and software. Third-party vendor owns, maintains, and upgrades the hardware and software. Also, In the deployment of a bare metal cloud-based solution, the need for servers, backups, upgrade complexity, and version control is eliminated. As bare metal cloud deployments are generally low capital intensive, end-use companies can install cheap and consistent IT infrastructure models. Also, they can focus on their core competencies.
Bare metal cloud model offers significant profits for most organizations at an early stage. The cost savings from the shared infrastructure model are accumulated from:
– Consultant fees
– Data center space
– Electricity
– Cost of hardware such as servers and storage devices
– IT personnel
– Servers
– Software licenses
– Maintenance fees
Bare metal cloud empowers an organization to go for a pay-as-you-go model that could reduce the amount of up-front fees. The fees charged by bare metal cloud vendor is proportional to the usage of bare metal cloud applications. The fee would always be lesser than the installed infrastructure on-premise model. Additionally, concerns regarding maintenance, servicing, and other repairing or downtime due to failure are eliminated in this model. Based on the kind of application deployed, the fee may be significant if multiple integrations are required, and data transfers from old legacy-based systems are required for a smooth transition. These benefits of bare metal cloud solutions drive their demand.
Moreover, the bare metal cloud market players provide their services at low cost to gain a larger customer base. In July 2019, IBM announced that they had reduced the prices of IBM Cloud Bare Metal Servers by 25% for single, dual, quad, and workload-certified bare metal servers. In addition, they increased the standard bandwidth allotments up to 20TB for full bare metal server portfolio and offered the same raw performance, similar premium security, and same customization options of the solutions at significantly lower hourly and monthly operating expenses. Currently. India-based BIGSTEP offers a 50% discount on bare metal dedicated servers services. G-Core Labs S.A. currently offering bare metal servers at 64% off using promocodes. Thus, low-cost bare metal servers offered by market players bolster the bare metal cloud market growth.
On the contrary, complex infrastructure hampers the growth Middle East & Africa bare metal cloud market.
Based on service type, the Middle East & Africa bare metal cloud market is segmented into networking services, storage & database services, compute services, security services, and others. The storage & database services segment held 44.1% share of the Middle East & Africa bare metal cloud market in 2022, amassing US$ 179.38 million. It is projected to garner US$ 728.01 million by 2030 to expand at 19.1% CAGR during 2022-2030.
In terms of enterprise size, the Middle East & Africa bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held 76.8% share of the Middle East & Africa bare metal cloud market in 2022, amassing US$ 311.91 million. It is projected to garner US$ 1,292.78 million by 2030 to expand at 19.5% CAGR during 2022-2030.
By application, the Middle East & Africa bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held 39.2% share of Middle East & Africa bare metal cloud market in 2022, amassing US$ 159.20 million. It is projected to garner US$ 695.26 million by 2030 to expand at 20.2% CAGR during 2022-2030.
Based on country, the Middle East & Africa bare metal cloud market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 30.5% share of Middle East & Africa bare metal cloud market in 2022, amassing US$ 123.86 million. It is projected to garner US$ 445.88 million by 2030 to expand at 17.4% CAGR during 2022-2030.
Key players operating in the Middle East & Africa bare metal cloud market are International Business Machines Corp, Oracle Corp, Rackspace Technology Inc, Lumen Technologies Inc and Equinix Inc, among others.
– In Feb 2023, IBM Cloud Bare Metal Servers for VPC was recognized as the 2022-2023 Cloud Awards winner in the Best Cloud Infrastructure category.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa bare metal cloud market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa bare metal cloud market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the bare metal cloud market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Bare Metal Cloud Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Middle East & Africa Bare Metal Cloud Market – Key Enterprise Size Dynamics
5.1 Middle East & Africa Bare Metal Cloud Market – Key Enterprise Size Dynamics
5.2 Market Drivers
5.2.1 Low CAPEX and OPEX Required for Bare Metal Cloud Infrastructure
5.2.2 Demand for Scalable, Flexible, Efficient, and Easy IT Infrastructure
5.2.3 Rapidly Increasing Data Traffic
5.3 Market Restraints
5.3.1 Complex Infrastructure
5.3.2 Rising Security Concerns
5.4 Market Opportunities
5.4.1 Rising Adoption of Cloud
5.4.2 Adoption of Big Data and IoT by Various Enterprise Size Verticals
5.5 Future Trends
5.5.1 Rising Demand for Colocation Services
5.6 Impact of Drivers and Restraints:
6. Bare Metal Cloud Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Bare Metal Cloud Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa Bare Metal Cloud Market Forecast and Analysis
7. Middle East & Africa Bare Metal Cloud Market Analysis – Service Type
7.1 Networking Services
7.1.1 Overview
7.1.2 Networking Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Storage & Database Services
7.2.1 Overview
7.2.2 Storage & Database Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Compute Services
7.3.1 Overview
7.3.2 Compute Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Security Services
7.4.1 Overview
7.4.2 Security Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Bare Metal Cloud Market Analysis – Enterprise Size
8.1 SMEs
8.1.1 Overview
8.1.2 SMEs: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Large Enterprises
8.2.1 Overview
8.2.2 Large Enterprises: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Bare Metal Cloud Market Analysis – Application
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Manufacturing
9.2.1 Overview
9.2.2 Manufacturing: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Government
9.3.1 Overview
9.3.2 Government: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Retail
9.4.1 Overview
9.4.2 Retail: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Healthcare
9.5.1 Overview
9.5.2 Healthcare: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.6 IT & Telecommunications
9.6.1 Overview
9.6.2 IT & Telecommunications: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Bare Metal Cloud Market – Country Analysis
10.1 MEA
10.1.1 MEA Bare Metal Cloud Market Overview
10.1.2 MEA Bare Metal Cloud Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 MEA Bare Metal Cloud Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 South Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 South Africa Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.2.2 South Africa Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.2.3 South Africa Bare Metal Cloud Market Breakdown, by Application
10.1.2.3 Saudi Arabia Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Saudi Arabia Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.3.2 Saudi Arabia Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.3.3 Saudi Arabia Bare Metal Cloud Market Breakdown, by Application
10.1.2.4 UAE Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 UAE Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.4.2 UAE Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.4.3 UAE Bare Metal Cloud Market Breakdown, by Application
10.1.2.5 Rest of MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Rest of MEA Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.5.2 Rest of MEA Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.5.3 Rest of MEA Bare Metal Cloud Market Breakdown, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 International Business Machines Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Oracle Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Rackspace Technology Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lumen Technologies Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Equinix Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Bare Metal Cloud Market Segmentation
Table 2. Middle East & Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Million) – Service Type
Table 4. Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Million) – Enterprise Size
Table 5. Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. South Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Service Type
Table 8. South Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 9. South Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. Saudi Arabia Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Service Type
Table 11. Saudi Arabia Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 12. Saudi Arabia Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. UAE Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Service Type
Table 14. UAE Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 15. UAE Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Rest of MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Service Type
Table 17. Rest of MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 18. Rest of MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Bare Metal Cloud Market Segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa Bare Metal Cloud Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Bare Metal Cloud Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa Bare Metal Cloud Market Share (%) – Service Type, 2022 and 2030
Figure 6. Networking Services: Middle East & Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Storage & Database Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Compute Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Security Services: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Others: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Middle East & Africa Bare Metal Cloud Market Share (%) – Enterprise Size, 2022 and 2030
Figure 12. SMEs: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Large Enterprises: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Middle East & Africa Bare Metal Cloud Market Share (%) – Application, 2022 and 2030
Figure 15. BFSI: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Manufacturing: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Government: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Retail: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Healthcare: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 20. IT & Telecommunications: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Others: Middle East & Africa Bare Metal Cloud Market, Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Middle East & Africa Bare Metal Cloud Market Revenue, by Key Countries (2022) (US$ Million)
Figure 23. MEA Bare Metal Cloud Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. South Africa Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Saudi Arabia Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. UAE Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Rest of MEA Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
The List of Companies – Middle East & Africa Bare Metal Cloud Market
1. Equinix Inc
2. International Business Machines Corp
3. Lumen Technologies Inc
4. Oracle Corp
5. Rackspace Technology Inc
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