High-Performance Computing as a Service Market Research, By Component (Platform, Solution), Organization Size (SMEs, Large Enterprise), Deployment (Public Cloud, Private Cloud, Hybrid), Verticals (BFSI, Healthcare, Retail) — Global Forecast till 2027
Market Research
As per the analysis by the Market Research Future Reports (MRFR), the high-performance computing as a service market is likely to value USD 9.50 billion with a CAGR of 12.8% by the end of forecast period. It has been noticed that the organizations providing high-performance computing services have experienced an exponential rise in the adoption of cloud for high-performance computing. One of the key elements which lead to the expansion of high-performance computing as a service market 2020 is cloud computing analysis and rising big data. Cloud deployment provides several advantages to organizations by offering a flexible cost. It is one of the elements aiding in influencing high-performance computing as a service market. On the other hand, implementing high-performance computing is more expensive for small and medium enterprises (SMEs). Moreover, at times result in incurring expensive switching cost for large companies.
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Market Segmentation
The global high-performance computing as a service market is classified into verticals, organization size, component, deployment, and region.
On the basis of organization size, global high-performance computing as a service market can be segregated into small and medium enterprises, and large enterprises.
On the basis of component, the global high-performance computing as a service market can be segregated into service and platform. The service segment can further be classified into integration service, consulting service, and maintenance and support services.
On the basis of deployment, the global high-performance computing as a service market can be segregated into a private cloud, hybrid cloud, and public cloud.
On the basis of region, the global high-performance computing as a service market can be segregated into Europe, Asia-Pacific, North America, and the Rest of the World (RoW).
Regional Analysis
On the basis of region, the global high-performance computing as a service market can be segregated into Europe, Asia-Pacific, North America, and the Rest of the World (RoW). As per the analysis by MRFR, the North American market dominates in terms of adoption and utilization of high-performance computing as a service. One of the most important factors behind the expansion is the high concentration of high-performance computing organizations offering cloud services. Besides, the development of supercomputing facilities influences market expansion in the North American region. The US is the leading country, and Canada is likely to experience a higher rate of growth. Apart from this, the presence of established companies like Oracle, IBM. HPE and Dell have contributed significantly to the expansion of the market.
On the other hand, the Asia-Pacific region is estimated to be the fastest expanding region with the highest CAGR during the review period owing to the expansion in the digital infrastructure and semiconductor industry. The presence of growing economies like India and China has played a significant role in market expansion. The European market is likely to expand significantly during the forecast period owing to the presence of developed countries like the UK, Germany. These countries are well equipped with developed technology, and therefore the regional market tends to expand considerably.
Key Players
The most important players in the high-performance computing as a service market are Dell Inc (US), IBM Corporation (US), Amazon Web Services (US), Microsoft Corporation (US), Penguin Computing (US), Oracle Corporation (US), Sabalcore Computing Inc (US), Nimbix Inc (US), Adaptive Computing Enterprises Inc (US), Google LLC (US). These players contribute significantly to market growth. Other players who contribute 30-35% in the market are Atos SE (France), ToutVirtual Inc (US), Silicon Mechanics Inc (US), Nvidia Corporation (US), The MathWorks Inc (US), R Systems NA Inc (US), and others.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Market Analysis The global high-performance computing HPC as a Service industry is predicted to touch USD 9.50 billion at a healthy 12.8% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis.
High-performance computing or HPC, simply put, is the ability of processing data and performing complex calculations at high speed.
According to the recent MRFR report, such factors include the deployment of new services and products, access to better technologies, reduced capital costs, need for flexible computing services, rise in government initiatives, and growing need for high-speed and efficient computation.
On the contrary, the high price of HPC services and the on-going COVID-19 pandemic are factors that may limit the global high-performance computing (HPC) as a service market growth over the forecast period.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7345 Market SegmentationThe MRFR report highlights an inclusive segmental analysis of the global high performance computing as a service market based on deployment, component, organization size, verticals, and others.
The service segment is again segmented into maintenance and support services, consulting service, and integration service.
The global High Performance Computing (HPC) Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the high performance computing (HPC) market includes Atos SE, Advanced Micro Devices, Inc. (AMD), Cray Research, Inc., Cisco Systems, Inc., Dell Technologies, Inc., Fujitsu Limited, Hewlett Packard, Inc. (HP), Intel Corporation, International Business Machines Corporation (IBM) and Silicon Graphics International Corp.. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Get more information on "Global High Performance Computing (HPC) Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/high-performance-computing-hpc-market/download-sampleMarket DynamicsThe rising need for processing data with speed and accuracy across the globe is driving the market growth.
Additionally, the growing adoption of cloud-based deployment is further fuelling market growth.
Whereas, ongoing development of hybrid HPC solutions for maximizing benefits of HPC is expected to offer the opportunity during the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
Global High-Performance Computing Market Research Report, by Deployment (On Premise, On Cloud), by Vertical (BFSI, Manufacturing, Retail, Healthcare), by Component (Storage, Software, Server) — Forecast till 2023Market ScenarioThe data around enterprises in bulging up and therefore requires a high amount of mathematical calculations and computational capabilities to resolve business issues.
High-performance computing was earlier used for training and simulation, a navigation system, and mostly in defense and aerospace.
As this industrial vertical required high-performance computing capabilities, resulting in high-performance computing.This scenario is changed in recent times as there is huge demand from the industrial, and government.
These sectors are using the data to churn out specific insights helpful for their organizations to carry out.
The high-performance computing technology is emerging prominently in government for national defense and security requirements.
HPC is proving beneficial for development and design of advanced vehicles, weapons, high-resolution image processing, satellite mapping, and cryptographic analysis.
