North America Bare Metal Cloud Market Forecast to 2030

North America Bare Metal Cloud Market Forecast to 2030

North America 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

The North America bare metal cloud market was valued at US$ 2,570.39 million in 2022 and is expected to reach US$ 9,812.15 million by 2030; it is estimated to grow at a CAGR of 18.2% from 2022 to 2030.

Low CAPEX and OPEX Required for Bare Metal Cloud Infrastructure Fuels the North America Bare Metal Cloud Market

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.

North America Bare Metal Cloud Market Overview

North America is the early adopter of digital technology across the world. In May 2012, the Digital Government Strategy was launched to bring the digital revolution across the region to boost economic growth and technological advancements. In May 2020, the United States Agency for International Development (USAID) released a Digital Strategy for development and humanitarian assistance in the world’s rapidly evolving digital landscape. The strategy was built to strengthen various industries, contributing to the region’s economic growth. In 2018, Canada’s first minister for digital government was appointed by the Prime Minister to strengthen the country’s digital economy. In 2021, the government of Canada announced its first digital-government strategy aimed at coordinating digital operations, modernizing its IT systems, advancing technology adoption, and improving service delivery. Digitalization is gaining traction in North America due to factors such as large-scale deployments of remote work, building of digital infrastructure, and growing adoption of digital solutions by organizations for business continuity and enhancement. Increasing digitalization fosters the demand for bare metal cloud services by players as cost-effective and flexible solutions to store their data.

North America holds the largest share of the global bare metal cloud market. High performance of the applications sensitive to performance, security, consistent disk and network I/O performance, and high Quality of Service (QoS) are among the main reasons driving the verticals to adopt bare metal cloud services. The adoption of bare metal cloud service for commercial and government use is expected to grow during 2022-2030. North America comprises the US, Canada, and Mexico. The major demand for bare metal cloud service comes from the US as it is a developed nation with high adoption of modern technology and infrastructure and standard of living. In addition, the Canadian market players are providing bare metal cloud solutions for various industry verticals.

North America Bare Metal Cloud Market Revenue and Forecast to 2030 (US$ Million)

North America Bare Metal Cloud Market Segmentation

The North America bare metal cloud market is segmented based on service type, enterprise size, application, and country.

Based on service type, the North America 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 North America bare metal cloud market share in 2022.

In terms of enterprise size, the North America bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger North America bare metal cloud market share in 2022.

By application, the North America bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held the largest North America bare metal cloud market share in 2022.

Based on country, the North America bare metal cloud market is categorized into the US, Canada, and Mexico. The US dominated the North America bare metal cloud market in 2022.

Bigstep Inc, Cyxtera Technologies Inc, Equinix Inc, Internap Holding LLC, International Business Machines Corp, Limestone Networks Inc, Lumen Technologies Inc, Oracle Corp, and Rackspace Technology Inc are some of the leading companies operating in the North America bare metal cloud market.

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At 18.2% CAGR, the North America Bare Metal Cloud Market is Speculated to be Worth US$ 9,812.15 Million by 2030, says The Research Team

According to The Research Team’ research, the North America bare metal cloud market was valued at US$ 2,570.39 in 2022 and is expected to reach US$ 9,812.15 million by 2030, registering a CAGR of 18.2% from 2022 to 2030. Rising demand for colocation services and low CAPEX and OPEX required for bare metal cloud infrastructure are among the critical factors attributed to the North America bare metal cloud market expansion.

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.

On the contrary, complex infrastructure hampers the growth North America bare metal cloud market.

Based on service type, the North America bare metal cloud market is segmented into networking services, storage & database services, compute services, security services, and others. The storage & database services segment held 41.9% share of the North America bare metal cloud market in 2022, amassing US$ 1,075.80 million. It is projected to garner US$ 4,005.44 million by 2030 to expand at 17.9% CAGR during 2022-2030.

In terms of enterprise size, the North America bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held 68.5% share of the North America bare metal cloud market in 2022, amassing US$ 1,761.24 million. It is projected to garner US$ 6,477.20 million by 2030 to expand at 17.7% CAGR during 2022-2030.

By application, the North America bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held 36.2% share of North America bare metal cloud market in 2022, amassing US$ 931.22 million. It is projected to garner US$ 3,717.10 million by 2030 to expand at 18.9% CAGR during 2022-2030.

Based on country, the North America bare metal cloud market is categorized into the US, Canada, and Mexico. The US held 82.1% share of North America bare metal cloud market in 2022, amassing US$ 2,111.32 million. It is projected to garner US$ 8,036.15 million by 2030 to expand at 18.2% CAGR during 2022-2030.

Key players operating in the North America bare metal cloud market are Bigstep Inc, Cyxtera Technologies Inc, Equinix Inc, Internap Holding LLC, International Business Machines Corp, Limestone Networks Inc, Lumen Technologies Inc, Oracle Corp, and Rackspace Technology 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.

– In Aug 2023, Cyxtera Technologies, Inc. and Hewlett-Packard Development Company, L.P. collaborated to help customers accelerate and simplify their hybrid IT strategies. Cyxtera Technologies, Inc. is leveraging the HPE GreenLake edge-to-cloud platform to support Enterprise Bare Metal solution.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America 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. North America Bare Metal Cloud Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. North America Bare Metal Cloud Market – Key Enterprise Size Dynamics
5.1 North America 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 – North America Market Analysis
6.1 North America Bare Metal Cloud Market Revenue (US$ Million), 2022 – 2030
6.2 North America Bare Metal Cloud Market Forecast and Analysis
7. North America Bare Metal Cloud Market Analysis – Service Type
7.1 Networking Services
7.1.1 Overview
7.1.2 Networking Services: North America 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: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Compute Services
7.3.1 Overview
7.3.2 Compute Services: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Security Services
7.4.1 Overview
7.4.2 Security Services: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Bare Metal Cloud Market Analysis – Enterprise Size
8.1 SMEs
8.1.1 Overview
8.1.2 SMEs: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Large Enterprises
8.2.1 Overview
8.2.2 Large Enterprises: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9. North America Bare Metal Cloud Market Analysis – Application
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Manufacturing
9.2.1 Overview
9.2.2 Manufacturing: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Government
9.3.1 Overview
9.3.2 Government: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Retail
9.4.1 Overview
9.4.2 Retail: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Healthcare
9.5.1 Overview
9.5.2 Healthcare: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.6 IT & Telecommunications
9.6.1 Overview
9.6.2 IT & Telecommunications: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: North America Bare Metal Cloud Market, Revenue and Forecast to 2030 (US$ Million)
10. North America Bare Metal Cloud Market – Country Analysis
10.1 North America
10.1.1 North America Bare Metal Cloud Market Overview
10.1.2 North America Bare Metal Cloud Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 North America Bare Metal Cloud Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 US Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 US Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.2.2 US Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.2.3 US Bare Metal Cloud Market Breakdown, by Application
10.1.2.3 Canada Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Canada Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.3.2 Canada Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.3.3 Canada Bare Metal Cloud Market Breakdown, by Application
10.1.2.4 Mexico Bare Metal Cloud Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Mexico Bare Metal Cloud Market Breakdown, by Service Type
10.1.2.4.2 Mexico Bare Metal Cloud Market Breakdown, by Enterprise Size
10.1.2.4.3 Mexico 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 Internap Holding LLC
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
12.6 Equinix Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Limestone Networks Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Bigstep Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Cyxtera Technologies Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 Word Index

LIST OF TABLES

Table 1. North America Bare Metal Cloud Market Segmentation
Table 2. North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 4. US Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Service Type
Table 5. US Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Enterprise Size
Table 6. US Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 7. Canada Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Service Type
Table 8. Canada Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Enterprise Size
Table 9. Canada Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. Mexico Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Service Type
Table 11. Mexico Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Enterprise Size
Table 12. Mexico Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Bare Metal Cloud Market Segmentation, By Country
Figure 2. Ecosystem: Bare Metal Cloud Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Bare Metal Cloud Market Revenue (US$ Million), 2022 – 2030
Figure 5. North America Bare Metal Cloud Market Share (%) – Service Type, 2022 and 2030
Figure 6. Networking Services: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Storage & Database Services: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Compute Service: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Security Services: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. North America Bare Metal Cloud Market Share (%) – Enterprise Size, 2022 and 2030
Figure 12. SMEs: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Large Enterprises: North America Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. North America Bare Metal Cloud Market Share (%) – Application, 2022 and 2030
Figure 15. BFSI: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Manufacturing: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Government: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Retail: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Healthcare: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 20. IT & Telecommunications: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Others: North America Bare Metal Cloud Market, Revenue and Forecasts To 2030 (US$ Million)
Figure 22. North America Bare Metal Cloud Market Revenue, by Key Countries, (2022) (US$ Million)
Figure 23. North America Bare Metal Cloud Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. US Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Canada Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Mexico Bare Metal Cloud Market Revenue and Forecasts To 2030 (US$ Mn)

The List of Companies – North America Bare Metal Cloud Market

1. Bigstep Inc
2. Cyxtera Technologies Inc
3. Equinix Inc
4. Internap Holding LLC
5. International Business Machines Corp
6. Limestone Networks Inc
7. Lumen Technologies Inc
8. Oracle Corp
9. Rackspace Technology Inc

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