The report on the global Cloud High Performance Computing market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.
The report published by Market Research Future (MRFR) projects that the global cloud high-performance computing market is marked to exhibit expansion at a robust CAGR of 21% during the forecast period of 2017-2023 and reach the market valuation of over USD 22 Bn by the end of the review period. Increasing adoption of cloud-based services in various industrial sectors, rapid technological advancement, increasing availability of cloud-based service providers and high demand for high-performance cloud computing in various end-use industries are majorly propelling the growth of the global cloud high-performance computing market. However, concerns regarding data security in cloud-based storage and management solutions are restraining the expansion of the global cloud high performance computing market during the assessment period.
A high number of enterprises are leveraging cloud HPC, and the number tends to be increasing gradually. The escalating need to manage complex tasks and emergence of big data can be attributed for this wide adoption of cloud HPC. The flexible pay-as-you-go model also is a major driver of the growth of the market where enterprises only pay for the particular service they use. Other factors which favor the growth of the cloud HPC market include state-of-the-art computing environment, high-performance data analysis. Virtualization flexibility of cloud HPC as compared to traditional HPC is another factor propelling the growth of the market which allows scientists to build their own virtual machines and configure them according to needs. Deployment of new embedded processors solution, adoption of cloud HPC by governments, and growing recognition of Cloud HPC are also giving a push to the market growth.
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- International Business Machines Corporation (U.S.),
- Microsoft Corporation (U.S.),
- Google, LLC (U.S.),
- Dell, Inc (U.S.),
- Amazon Web Services (U.S.),
- Penguin Computing (U.S.),
- Sabalcore Computing Inc (U.S.),
- Univa Corporation (U.S.),
- Gridcore AB (Sweden),
- Adaptive Computing (U.S.),
- Hewlett Packard Enterprise (U.S.)
Other vendors include Silicon Mechanics, Inc (U.S.), Atos SE (France), Nvidia Corporation (U.S.), R Systems NA, Inc (U.S.), Oracle Corporation (U.S.), The MathWorks, Inc (U.S.), ToutVirtual, Inc (U.S.), T-Services (Russia), Wolfram Alpha LLC (U.S.), Fujitsu Ltd (Japan), Intel Corporation (U.S.), Advanced Micro Devices, Inc (U.S.), Cisco Systems, Inc (U.S.), Hitachi Ltd (Japan), Huawei Technologies Co Ltd (China), Rescale, Inc (U.S.), Nimbix, Inc (U.S.), Alibaba Cloud (China), ARCTUR (Slovenija), CSUC (Spain), TotalCAE (U.S.), TheUberCloud, Inc (U.S.) among others.
According to MRFR, The Cloud High-Performance Computing Market Is Estimated To Grow At A CAGR Of 21% During The Forecast Period 2017-2023
The global cloud high performance computing market has been segmented on the basis of services, component, deployment, and industry vertical. Based on services, the global cloud high performance computing market has been segmented into professional services, managed services, and other services. The professional services segment has been sub-segmented into integration and deployment service, maintenance & support services, and consulting service. Other services in the global cloud high performace computing market include infrastructure as a service (IaaS) and platform as a service (PaaS).
Based on component, the global cloud high performance computing market has been segmented into hardware and software. The hardware segment has been sub-segmented into the server, storage, and networking devices. The software segment has been sub-segmented into clustering software and analytics tools. Based on deployment, the global cloud high performance computing market has been segmented into the public cloud and hybrid. Based on industry vertical, the global cloud high performance computing market has been segmented into banking and financial services, retail, manufacturing, healthcare, IT & telecommunication, energy & utilities, transportation, and others
Geographically, the global cloud high-performance computing market has been segmented into four major regions such as North America, Asia Pacific (APAC), Europe, and the rest of the world. The North America region commands the maximum share of the global cloud high performance computing market owing to the high concentration of players providing cloud-based services, easy adoption of advanced technology, increased reliance on cloud-based solutions and rapid industrialization which is inducing high demand for advanced computing technology in this region. Development of supercomputing facilities, increased adoption of cloud-based solutions and current technological advancement are fueling the growth of the cloud high-performance computing market in the Asia Pacific region.
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- HPC vendors
- System integrators
- Consultancy and advisory firms
- Data integration service providers
- Managed service providers
- Enterprise customers
LIST OF TABLES
Table1 World Population by Major Regions (2017 To 2030)
Table2 Global Cloud High Performance Computing Market: By Region, 2017-2023
Table3 North America Cloud High Performance Computing Market: By Country, 2017-2023
Table4 Europe Artificial Intelligence Chipsets Market: By Country, 2017-2023
Table5 Asia-Pacific Artificial Intelligence Chipsets Market: By Country, 2017-2023
LIST OF FIGURES
FIGURE 1 Global Cloud High Performance Computing market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Cloud High Performance Computing Market
FIGURE 4 Value Chain of Global Cloud High Performance Computing Market
FIGURE 6 Global Cloud High Performance Computing Market, 2017-2023,
FIGURE 8 Global Cloud High Performance Computing Market size by Deployment, 2017
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