Cloud high performance computing (HPC) is the usage of parallel processing for the functioning of advanced application programs reliably, efficiently, and quickly. The new workloads, such as machine learning, genomic sequencing, speech, and facial recognition, deep learning, pattern recognition, etc., are being executed on Cloud high performance computing systems.
MARKET DYNAMICS
The increasing adoption of big data and complex applications, such as electronic design automatic simulations, ultra-high-definition workflows, etc., across different industries, is the major factor driving the growth of the cloud high performance computing market. However, the concerns related to the safety and legitimate use of this data is one of the major factors which may restrain the growth of the market. Moreover, the combination of machine learning is increasing for accomplishing a brand advantage, especially in public-centric services, which is anticipated to boost the growth of the cloud high performance computing market.
MARKET SCOPE
The "Global Cloud High Performance Computing Market Analysis to 2028" is a specialized and in-depth study of the cloud high performance computing market with a special focus on the global market trend analysis. The report aims to provide an overview of cloud high performance computing market with detailed market segmentation by service type, deployment, organization size, end user. The global cloud high performance computing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud high performance computing market players and offers key trends and opportunities in the cloud high performance computing market.
MARKET SEGMENTATION
The global cloud high performance computing market is segmented on the basis of service type, deployment, organization size, end user. On the basis of service type, the market is segmented as HPC IaaS, HPC PaaS, data organization and workload management, clustering software and analytics tool, professional service, managed service. On the basis of deployment, the market is segmented as public cloud, private cloud, hybrid cloud. On the basis of organization size, the market is segmented as small and medium businesses (SMBs), large enterprises. On the basis of end user, the market is segmented as academia and research, biosciences, design and engineering, financial services, government, manufacturing, media, entertainment and online gaming, weather and environment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cloud high performance computing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud high performance computing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cloud high performance computing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud high performance computing market in these regions.
MARKET PLAYERS
The reports cover key developments in the cloud high performance computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cloud high performance computing market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud high performance computing market. Below mentioned is the list of few companies engaged in the cloud high performance computing market.
The report also includes the profiles of key cloud high performance computing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amazon Web Services, Inc.
- Dell
- Hewlett Packard Enterprise Development LP
- IBM
- Intel Corporation
- Microsoft
- NVIDIA Corporation
- Oracle
- Penguin Computing
- Sabalcore Computing, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.