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(IT-NEWSWIRE.COM, October 16, 2019 ) MarketsandMarkets™ forecasts a new market research report “The bare metal cloud market size is estimated to grow from USD 0.87 billion in 2016 to USD 4.71 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 40.1%. The major forces driving this market are the critical need for reliable load balancing of data-intensive and latency-sensitive operations over cloud and the rising need for non-locking compute and storage resources.
Identity and access management is expected to play a key role among the service types in the bare metal cloud market and grow at the highest CAGR from 2016 to 2021
Browse 67 market data tables and 52 figures spread through 131 pages and in-depth TOC on “Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Identity & Access Management, Volume & Object Storage, Professional, and Managed), Professional Service Type, Organization Size, Vertical, and Region - Global Forecast to 2021”
The identity and access management services segment controls the access of users to the cloud resources. It states what type of access a group of users has and to which specific cloud resources. In addition, it is instrumental in governing the IT resource access and optimizing the physical security of bare metal cloud servers and storages. The identity and access management services segment is used for the authentication and authorization across all associated services of bare metal cloud. Compartment is a vital component of the identity and access management services segment in the bare metal cloud market, and is mainly responsible for organizing and isolating cloud resources.
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Training and support services is expected to grow at the highest CAGR in the bare metal cloud market and the current trend is expected to continue during the forecast period
The training and support services segment in the bare metal cloud is crucial in nature as it deals with the transformation of ideas into solutions and infrastructure by providing advanced monitoring and management solutions to enterprise applications. The training and support services segment simplifies the adoption, speeds up the optimization, and satisfies the business and technical needs. Bare metal cloud services and solution providers emphasize on offering simple and easy-to-use software, which requires minimum support after deployment. They provide training and dedicated services that are in line with the business requirements of their commercial clients to develop the requisite skillsets in the IT team for the easy management of IT operations and for promoting the adoption of bare metal cloud.
North America is expected to contribute the largest market share in the bare metal cloud market during the forecast period
North America is expected to hold the largest market share and would dominate the bare metal cloud market from 2016 to 2021. This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in the Research and Development (R&D) activities, thereby contributing to the development of new technologies such as Internet of Things (IoT), big data, DevOps, mobility, and social media. The rapid growth of start-up culture and cloud computing initiatives taken by major countries such as the U.S. and Canada are also responsible for the growth of the bare metal cloud market in North America.
The major vendors in bare metal cloud market include IBM Corporation (U.S.), Oracle Corporation (U.S.), Rackspace Hosting, Inc. (U.S.), CenturyLink, Inc. (U.S.), Packet (U.S.), and Internap Corporation (U.S.).
For More Information do visit @ https://www.marketsandmarkets.com/Market-Reports/bare-metal-cloud-market-153940759.html
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