High-Performance Computing (HPC) as a Service Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027

 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 global 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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Marketing Attribution Software Market Growth, Size, Segments and Future Forecast To 2027

 Marketing Attribution Software Market Research Report Information, By Component (Solution, Services), Attribution Type (Single-Source, Multi-Source, Probabilistic or Algorithmic), Deployment (Cloud, On-Premise), Vertical – Global Forecast till 2027

Market Highlights

Between the deployment mode, the on-premises deployment has larger market size than cloud-based deployment. The concern regarding data security among the companies is the main reason for higher adoption of on-premises marketing attribution solutions, globally. The large enterprises are expected to deploy marketing attribution software on a larger scale. The North America and Asia Pacific regions are expected to gain more revenues from the cloud deployment segment.

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Key Players

The key players in the marketing attribution software market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Adobe Inc. (US), Oracle Corporation (US), Google (US), SAP SE (Germany), Visual IQ – A Nielsen Company (US), Analytic Partners, Inc. (US), Attribution LLC (US), Calibermind (US), Engagio (US), Wizaly (France), Singular (US), Rockerbox, Inc. (US), OptiMine (US), Neustar, Inc. (US) and Merkle Group Inc. (US).

Regional Analysis

The global market for marketing attribution software is expected to grow at a CAGR of 15.4% during the forecast period. The geographical analysis of marketing attribution software market is studied for North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

Among the regions mentioned, North America is anticipated to have the largest market share during the forecast period. This region includes developed economies such as the US and Canada which are some of the most advanced countries in terms of adoption of innovative digital technologies. The market size is increasing due to the increasing need for marketing teams of enterprises to track customer behavior with the objective of targeted marketing. The large as well as small and medium-sized enterprises in US are willing to adopt the marketing attribution software which boosts the market size. Also, majority of the vendors are based in the US and have a strong customer base which is further expected to boost the market growth. The market size of Europe is estimated to grow at the highest CAGR from 2020-2027, followed by Asia Pacific.

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Financial Cloud Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027

 Financial Cloud Market Research Report Information, By Component (Solutions and Services), Cloud Type (Public Cloud and Private Cloud), Organization Size, Sub-industry (banking and financial services, and insurance) — Global Forecast till 2027

Market Highlights

Globally, the financial cloud market is expected to have significant growth over the forecast period. The growth of the market can be attributed to the increasing digitalization across the globe and growing number of financial institutions that demand advanced IT solutions to gain genuine competitive advantage instead of only building and maintaining an expensive IT infrastructure. The financial cloud solutions enable enterprises to reach their existing as well as potential customers with right advertisement, in the right way, and at the right time, enabling enterprises to build a strong relationship with their customers. Due to these factors, the financial cloud market is expected to grow with significant rate in the upcoming years. However, high initial cost and lack of expertise, particularly among small and medium-sized enterprises (SMEs) in developing economies, are expected to hinder growth of the global financial cloud market.

In this study on global financial cloud market, the market is segmented based on component, cloud type, organization size, sub-industry, and region/country. By component, the market is segmented into solutions and services. Solutions segment is further segmented into customer management, wealth management, financial forecasting and analytics, security, and others. By service, the market is segmented into professional and managed services. By cloud type, the market is segmented into public cloud and private cloud. Based on organization size, the market is segmented into large enterprises, and small and medium-sized enterprises.

The sub-industries covered in the study are banking and financial services, and insurance. Finally, by region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world. North America is further segmented into the US, Canada, and Mexico; Europe into Germany, France, the UK, and the rest of Europe; Asia-Pacific into China, India, Japan, and the rest of Asia-Pacific; and the rest of the world into Middle-East & Africa and Latin America.

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Key Players:

The prominent players in financial cloud market are Salesforce.com, inc. (US), Oracle Corporation (US), Google LLC (US), IBM Corporation (US), Microsoft Corporation (US), Huawei Technologies Co., Ltd. (China), SAP SE (Germany), Amazon Web Services, Inc. (US), Capgemini (France), Beeks Financial Cloud Group plc (UK), Infosys (India), FIS (US), Fiserv, Inc. (US), SS&C Technologies, Inc. (US), and Temenos Headquarters SA (Switzerland).

Regional Analysis

The global market for global financial cloud is estimated to grow at a significant rate during the forecast period from 2020 to 2027. The geographical analysis of the market is studied for North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

North America is presumed to have the largest market share in the global financial cloud market. The US, Canada, and Mexico are the leading countries in the region. The growth is attributed to the presence of large number of financial institutions and wealth management firms and a high degree of digitalization in the region. Asia-Pacific is anticipated to be the fastest growing region in the global financial cloud market over the forecast period. Rapidly increasing number of banking and insurance businesses and rising demand for advanced banking solutions in the region are the key driving factors for the growth of financial cloud market in the region.

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Data Colocation Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027

 Global Data Colocation Market Information, By Service Type (Small Scale, Large Scale), by Components (Network Hardware, Server & Storage, Cooling Units), by End Users (Banking, IT, Healthcare, Government) - Forecast 2027

Market Insights

Data colocation primarily refers to data center services which are rented out to business to power services, storage, networking, cooling of services and various other computing services. Data colocation leases a variety of equipment required to support the physical infrastructure for computing. Market Research Future has studied the global data colocation market with great care to arrive at educated conclusions regarding the growth of the market over the forecast period from 2020 to 2027. Valued at USD 26 Bn in 2016, the market is expected to nearly double in value to reach USD 51 Bn by the end of 2022. MRFR has calculated the growth of the market at a CAGR of 12% during the assessment period.

Colocation data centers often serve as a connection point between on-premise and on-cloud data centers. Various advantages of adopting data colocation are that it helps an organization save time, money and reduces the problems associated with on-premise data centers which often demand constant maintenance. Another vital growth-promoting factor for the market is the capability of data colocation to enable enterprises to increase business potential by allowing them to focus on core activities. Moreover, data colocation provides access to central data storage, backups, environmental controls, firewalls, and security or hosting serves to name a few. The reduced need for constant maintenance is a strong driving factor of growth.

Notably, the market is challenged by the lack of availability of large locations close to organizations for the establishment of data centers. Moreover, companies often do not maintain complete control over servers which can be discouraging of adoption of data colocation.

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Market Segmentation

The global data colocation market has been segmented on the basis of service type, components, end-users, and region. Service type available in the data colocation market has been segmented into small scale and large scale. Large scale businesses are more likely to avail of data colocation services.

Components have bee segmented into network hardware, cooling units, server & storage, and others.

End-users of data colocation have been segmented to include banking & insurance, IT & telecom, healthcare, government, energy, and others.

Regions covered in the report include Europe, North America, Asia Pacific and the Rest of the World.

Regional Analysis

North America is likely to dominate the market due to the regions possession of the largest share of the global data colocation market. The region has an increasing number of data center requirements in IT capacity. The presence of market leaders in the region who are using advanced infrastructural architecture to promote market growth will likely impact the data colocation market positively. Meanwhile, the Asia Pacific is expected to grow rapidly over the next few years due to the substantial increase in data production. Additionally, the European market carries great promise for the forecast period as there is a high growth opportunity in the region. Market leading players are increasing investments in Europe for the set up of data colocation centers. Market players like Facebook and Apple are investing in the set up of data colocation centers in countries like Denmark, Ireland, and Sweden.

Key Players

MRFR has analysed leading players such as SunGard availability services (U.S.), DuPont Fabros Technology, Inc.(U.S.), Equinix, Inc. (U.S.), American Telephone & Telegraph, Inc. (U.S.), Interxion Holding NV (Netherlands), Verizon Communication, Inc. (U.S.), CenturyLink, Inc. (U.S.), CoreSite Realty Corporation (U.S.), KDDI Telehouse Corporation (Japan), and Global Switch Corporation (UK) among others in its report on the global data colocation market. The report also contains an understanding of the market strategies employed by these market players.

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About Market Research Future

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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Cloud micro services Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027

 Cloud microservices Market Research, By Component (Platform, Services), Organization Size (Large Enterprise, SMEs), Deployment (Private, Public, Hybrid), Verticals (Retail and E-Commerce, Healthcare, Media & Entertainment)— Global Forecast till 2027

Market Highlights

Micro services enable the enterprises and software developers to managen buisiness operations from a self-contained individual service units. The major factors that contribute towards the growth of cloud micro services is due to increasing adoption of private cloud services for high security of data, and need for streaminling business operations, reducing the cost of IT deployment. However, the lack of expertise, and lack of proper infrastructure is refraining the market to grow.

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Key Players

The key players in the cloud micro services market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Amazon Web Services (US), CA Technologies, IBM Corporation (US), Microsoft Corporation (US), Salesforce.com Inc (US), Infosys Limited (India), Oracle Corporation (US), Syntel (US), SmartBear Software (US), and Software AG (Germany). These players contribute a major proportion towards market growth.

Apart from the top key players, the other players contribute nearly 30–35 % in the cloud microservices market. These include Contino (UK), CoScale (Belgium), Idexcel (US), Kontena (Finland), Macaw (US), Marlabs (US), Netifi (US), NGINX (US), OpenLegacy (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US), TCS (India), Unifyed (US), and Weaveworks (UK) and others.

Regional Analysis

The market for cloud microservices is estimated to grow at a significant rate during the forecast period from 2020 to 2027. The geographical analysis of cloud microservices market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).

Among the regions mentioned above, North America is expected to be the leading region in the cloud microservices market. This growth can be attributed owing to the increasing demand of low-cost cloud infrastructure development and growing use of software services among small and medium enterprises. Moreover, owing to the presence of various major players operating in this market in the US and Canada contribute to the growth of this market.

On the other hand, the Asia-Pacific region is expected to the fastest growing region in cloud microservices market followed by Europe. This growth can be attributed to many large enterprises that are min demand to streamline their daily business tasks over a cloud into microservices to increase the operational efficiency. This also helps these enterprises to churn out the services art low cost. It is also noted that India and China are moving towards becoming the hub for IT services.

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Bare Metal Cloud Market Sales Revenue, Worldwide Analysis, Competitive Landscape, Future Trends, Industry Size and Regional Forecast To 2027

 Bare Metal Cloud Market Report By Service Type (Computing Services, Networking Services, Database Services, Identity and Access Management Services, Volume and Object Storage Services, Others), Organization Type (Small and Medium Enterprises, Large Enterprises), Vertical (BFSI, Government, Healthcare, IT and Telecommunication, Manufacturing, Retail and Others) - Global Forecast to 2027

Market Highlights

Bare metal cloud is a public cloud service alternative that is installed directly on hardware without need for virtualization setup. It is majorly deployed to enhance the storage capacity, conduct data-intensive computing operations, and to efficiently deliver latency sensitive high-performance workloads across multiple platforms. The bare metal cloud servers provide high performance, high availability, and cost-effective infrastructure services. Growing use of data intensive and latency sensitive applications has resulted in rise in adoption of bare metal cloud services.

Bare metal cloud market is expected to grow from USD 1.52 billion in 2017 to USD 7.73 billion by 2027, at a compound annual growth rate (CAGR) of 31.12% during the forecast period.

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Key players

The prominent players in the bare metal cloud market are major vendors such as IBM Corporation (U.S.), Oracle Corporation (U.S.), CenturyLink, Inc. (U.S.), Internap Corporation (U.S.), and Rackspace Hosting, Inc. (U.S.). The other key innovators in the market are Dell Technologies, Inc., Scaleway Inc., Spotinst, Joyent, Inc., Bigstep, and Strom.

Regional Analysis

The global market for bare metal cloud is estimated to grow at a significant rate during the forecast period. The geographical analysis of bare metal cloud market is done across North America, Europe, Asia-Pacific, and the rest of the world.  

Asia-Pacific is expected to be the fastest growing region owing to major cloud initiatives taken by various countries such as Australia, China, India and Singapore (G-Cloud) to boost data protection and related services. Furthermore, increased government initiatives to upgrade IT infrastructure and deploy cost-effective cloud-based solutions is expected to drive the Asia Pacific 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 during the forecast period. Being a developed economy, the region has witnessed strong investments in the Research and Development (R&D) activities for development of new technologies such as Internet of Things (IoT), big data, and social media. European market is also expected to grow at a fast pace.

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AI in Insurance Market Analysis|COVID-19 Impact, Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast till 2027

 Global AI in Insurance Market Research Report: by Component (Hardware, Software, Service), by Technology (Machine Learning and Deep Learning, Natural Language Processing (NLP), Machine Vision, Robotic Automation), By Deployment (On-Cloud, On-Premise), By Application (Claims Management, Risk Management and Compliance, Chat  bots, Others), By Sector (Life Insurance, Health Insurance, Title Insurance, Auto Insurance, Others), By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) - Forecast till 2027

Market Overview

The penetration of AI in insurance processes, especially in developed economies, is estimated to bolster the in the insurance market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. An impressive CAGR is forecasted for the global market in the forecast period.

The requirement of staying competitive in the market is forecasted to spur the AI in the insurance market share in the future. The escalating quantity and pace of data generation are anticipated to benefit AI in the insurance market in the approaching period.

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Segmental Analysis

The segmental review of the AI in insurance market has been carried out on the basis of application, technology, deployment, component, and sector. Based on the technology, the AI in the insurance market has been segmented into natural language processing (NLP), machine vision, machine learning, robotic automation, and deep learning. On the basis of component, the AI in the insurance market has been segmented into software, hardware, and services. Based on the deployments, the AI in the insurance market has been segmented into on-premise and on-cloud. The application-based segmentation of the AI in the insurance market includes personalized recommendation, risk management, and compliance, claims processing, chat bots, and others. By the sector, the AI in the insurance market has been segmented into health insurance, life insurance, title insurance, auto insurance, and others.

Detailed Regional Analysis

The regional evaluation of the AI in the insurance market includes regions such as Europe, the Middle East, South America, Asia-Pacific, North America, and Africa. The regional market in North America presently leads the global market. The US is credited for the biggest market share due to an extremely skilled workforce in enterprises and research & development ability, intended at developing AI technologies for insurance process quality. The European region comes second in the global market due to the growing adoption of digital technologies to automate business processes is inspiring the market growth in the European region. The Asia-Pacific regional market is expected to be the fastest-growing region in the forecast period. The AI in insurance market in the Middle Eastern & African and South American regions is also anticipated to develop at a considerable rate throughout the forecast period.

Competitive Analysis

The stress on enhancing the production potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the market in the coming period. The competitors present in the market are recalibrating their market share to open up new areas of development in the market. The establishment of robust distribution channels is estimated to define the development of the market in the future. The investment in robotic elements in the supply chain is estimated to be seen in the future to reduce the impact of the human capital on the long term market expansion. The state of the market is extremely indecisive due to the effect of the macro factors operating in the global economy. The road to the resurgence of the market is estimated to be extensive and arduous due to the degree of setbacks it has suffered. The prospects for growth in the market have to be carefully sought out and examined to ensure that they will ensure the favorable development of the market in the coming period.

The outstanding contenders in the  AI in insurance market are PolicyPal (Singapore), Insurmi (US), Planck Re (US), Microsoft Corporation (US), IBM Corporation (US), Wipro Limited (India), BIMA (UK), Quantemplate (US), Cape Analytics LLC (US),  Zurich Insurance Group (Switzerland), Amazon Web Services Inc. (US),Lemonade (US), Trov (Japan), ZhongAn (China), Acko General Insurance (India), Shift Technology (France), Slice (US), Insurify (US), Avaamo Inc (US), and Tractable (UK) are some of the other players in the market.

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