Bare Metal Cloud Market Size - By Service Type (Data Storage Service, Networking Service, Security Service, Compute Service), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size, End-user, Regional Outlook & Forecast, 2023 - 20

Bare Metal Cloud Market Size - By Service Type (Data Storage Service, Networking Service, Security Service, Compute Service), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size, End-user, Regional Outlook & Forecast, 2023 - 2032

Bare metal cloud market size is projected to expand at over 17.5% CAGR from 2023 to 2032. Of late, several businesses worldwide are increasingly adopting bare metal cloud solutions for their high-performance computing needs for ensuring enhanced processing power and lower latency.

The growing demand for customizable and dedicated hardware resources, suitable for resource-intensive workloads is fueling innovations in the bare metal cloud industry. For instance, in February 2023, full stack edge-cloud computing provider Cox Edge in collaboration with Hivelocity introduced Bare Metal servers, a new addition to its platform for providing companies and developers with complete all in one edge services for optimal performance.

Additionally, the growing concerns related to security and compliance are also leading multiple organizations to opt for isolated, non-virtualized environments offered by bare metal solutions. With businesses seeking robust, high-performance infrastructure solutions, the flexibility to deploy applications without the overhead of virtualization coupled with the scalability and cost-effectiveness of cloud services will also boost the market expansion.

The bare metal cloud industry is segregated into service type, deployment model, organization size, end-user, and region.

The market share from the private cloud deployment model segment is estimated to increase at rapid pace through 2032. The growth is due to the enhanced security, dedicated resources, and customizable configurations offered by private cloud deployment. The rising focus of organizations on seeking isolated and high-performance environments will also add to the segment growth.

With respect to organization size, the bare metal cloud industry value from the SMEs segment is projected to increase at substantial CAGR through 2032, fueled by the growing need for cost-effective scalability, agility, and dedicated performance. SMEs prioritize these needs to efficiently meet the evolving business demands. The increased adoption of bare metal cloud solutions to cater to the specific requirements of smaller enterprises will also drive the segment expansion.

Regionally, the Asia Pacific bare metal cloud market is projected to thrive at robust CAGR during 2023-2032. The growth can be attributed to the rising demand for high-performance computing, data-intensive applications, and the rapid digital transformation across the region. Moreover, the increasing internet penetration, expanding e-commerce, and the surge in enterprise IT spending will also fuel the regional market expansion.