Market Analysis
The global high-performance computing HPC as a Service Market 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. It has wide applications in large enterprises and SMEs.
Various factors are propelling the global high performance computing as a service market share. 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.
Market Segmentation
The 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.
By organization size, the global high performance computing as a service market is segmented into large enterprises and SMEs.
By component, the global high performance computing as a service market is segmented into platform and service. The service segment is again segmented into maintenance and support services, consulting service, and integration service.
By deployment, the global high performance computing as a service market is segmented into public cloud, hybrid cloud, and private cloud. Of these, the public cloud segment will lead the market over the forecast period.
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Regional Analysis
Based on the region, the global high performance computing as a service market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, North America will spearhead the market over the forecast period. The rich concentration of vendors offering cloud services, the presence of preferred and leading vendors, and advances in the development of supercomputing facilities are adding to the global high performance computing as a service market growth in the region. The United States holds the utmost share in the market.
In the Asia Pacific region, the high performance computing as a service market is predicted to develop at a quick rate between the forecast period. The presence of some growing economies like China and India and the booming semiconductor and digital infrastructure industry is adding to the global high performance computing as a service market growth in the region.
In Europe, the high performance computing as a service market is predicted to have sound growth over the forecast period. The presence of several developed economies like Germany and the UK and use of developed technology are adding to the global high performance computing as a service market growth in the region.
The global high performance computing as a service market in the RoW is predicted to have steady growth over the forecast period.
Key Players
Key contenders profiled in the global high performance computing as a service market report include Alibaba Cloud (China), Rescale Inc (US), Huawei Technologies Co Ltd (China), Hitachi Ltd (Japan), Cisco Systems Inc (US), Advanced Micro Devices Inc (US), Intel Corporation (US), Fujitsu Ltd (Japan), T-Services (Russia), ToutVirtual Inc (US), The MathWorks Inc (US), R Systems NA Inc (US), Nvidia Corporation (US), Atos SE (France), Silicon Mechanics Inc (US), Dell Inc (US), Google LLC (US), Nimbix Inc (US), Adaptive Computing Enterprises Inc (US), Sabalcore Computing Inc (US), Penguin Computing (US), Oracle Corporation (US), Microsoft Corporation (US), IBM Corporation (US), and Amazon Web Services (US). Industry players have encompassed strategies such as mergers, new product launches, strategic alliances, and others to stay at the forefront.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
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