Bare Metal Cloud Service Market Share

On the basis of regional analysis, the global bare metal cloud market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is expected to hold largest revenue share by 2037, on account of presence of leading players in the region. Moreover, the increasing demand for high-speed and flexible cloud computing services in this region along with the contribution from many companies in investing in research and development activities in building new technologies such as internet of things (IoT), DevOps and big data are met in this region which further promotes bare metal cloud. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period on account of various initiatives taken by government to built-up the digital economy and improve the IT efficiency in the region. The increasing innovation such as cloud computing are facilitating the work transformation from back end operations to core business functions. Additionally, the major cloud initiatives such as ‘G-Cloud’ undertaken by the Singapore government to provide software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS), further raise the demand for bare metal cloud.