At 20.5% CAGR, the Asia Pacific Bare Metal Cloud Market is Projected to be Worth US$ 7,515.40 Million by 2030, Says Business Market Insights

According to Business Market Insights research, the Asia Pacific bare metal cloud market was valued at US$ 1,694.64 in 2022 and is expected to reach US$ 7,515.40 million by 2030, registering a CAGR of 20.5% 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 Asia Pacific bare metal cloud market expansion.

Flexibility is a significant advantage offered by bare metal cloud services. It provides end-user complete control over cloud assets so that the user can setup and customize it as per need. Mainly, the user has direct physical access to the resources compared to typical cloud offerings where physical resources are hidden behind the hypervisor layer. Bare metal cloud services allow one to control the number of virtual machines and the workload on them. Despite higher per-unit costs, bare-metal cloud service is more cost-efficient than virtualized servers for high workloads. Since, usage rates are calculated on whichever is suitable an hourly or a monthly basis.

Organizations grow rapidly and hence expect operations to scale up as per the requirement. With easier scalability being offered by the bare metal cloud model, many organizations seem to adopt the model for their diverse operations, including financial management and IT infrastructure management. Adopting such a modular structure that can scale up the IT infrastructure, storage, computing, and fabric in a single architecture has been the adopted widely today. The flexibility offered by bare metal cloud models gives a competitive advantage to companies by quickly adjusting to the demands of customers and making the necessary changes in the operations efficiently. High efficiency and low latency are a prerequisite for leading companies, and deployment of bare metal cloud service gives them the power to be flexible and efficient.

Small, medium, and large enterprises are adopting bare metal cloud services due to factors such as increased data speed, benefits offered by cloud services, cost-efficient features, and others. In January 2023, DartPoints launched bare metal cloud solutions that will offer servers to the tenants and allow them to take full control of their IT infrastructure, achieving cloud-like agility with highly secure physical equipment. Thus, benefits of bare metal cloud solutions such as flexibility and scalability contribute to its adoption and launch of new solutions, which fuel the bare metal cloud market growth.

On the contrary, complex infrastructure hampers the growth Asia Pacific bare metal cloud market.

Based on service type, the Asia Pacific bare metal cloud market is segmented into networking services, storage & database services, compute services, security services, and others. The storage & database services segment held 42.2% share of the Asia Pacific bare metal cloud market in 2022, amassing US$ 714.52 million. It is projected to garner US$ 3,091.71 million by 2030 to expand at 20.1% CAGR during 2022-2030.

In terms of enterprise size, the Asia Pacific bare metal cloud market is bifurcated into SMEs and large enterprises. The large enterprises segment held 73.6% share of the Asia Pacific bare metal cloud market in 2022, amassing US$ 1,246.54 million. It is projected to garner US$ 5,390.06 million by 2030 to expand at 20.1% CAGR during 2022-2030.

By application, the Asia Pacific bare metal cloud market is segmented into BFSI, manufacturing, government, retail, healthcare, IT & telecommunications, and others. The IT & telecommunications segment held 37.8% share of Asia Pacific bare metal cloud market in 2022, amassing US$ 641.21 million. It is projected to garner US$ 2,954.55 million by 2030 to expand at 21.0% CAGR during 2022-2030.

Based on country, the Asia Pacific bare metal cloud market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 32.1% share of Asia Pacific bare metal cloud market in 2022, amassing US$ 543.81 million. It is projected to garner US$ 2,459.79 million by 2030 to expand at 20.8% CAGR during 2022-2030.

Key players operating in the Asia Pacific bare metal cloud market are International Business Machines Corp, Oracle Corp, Rackspace Technology Inc, Lumen Technologies Inc, Equinix Inc, and Cyxtera Technologies 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.
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