High-Performance Computing (HPC) as a Service Market 2020 to 2027 – Market Share, Growth, Industry Segments, Competitor Landscape, Key Players, Trends and Forecasts
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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