High-Performance Computing (HPC) in the cloud has reached the mainstream and is currently a hot topic in the research community and the industry.
The major factors driving the growth of cloud HPC market are - complex applications management, emergence of big data market, and adoption of pay-as-you-go model. High performance computing involves the computation of complex applications such as ultra-high definition workflows, electronic design automatic simulations, financial quantitative analysis, seismic analysis, and genome analysis that are related to weather forecasting, climate change, and space exploration. Cloud HPC assists in the computation of these complex applications by offering an advanced computing environment. Furthermore, with the benefits of pay-as-you-go model adoption, both SMBs and large enterprises are willing to spend more on cloud HPC.
In 2020, the global Cloud High Performance Computing (HPC) market size was 4460 million US$ and it is expected to reach 13900 million US$ by the end of 2027, with a CAGR of 15.3% between 2021 and 2027.
This report studies the Cloud High Performance Computing (HPC) market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2021-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
International Business Machines Corporation
Amazon Web Services
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Data Organization and Workload Management
Clustering Software and Analytics Tool
Market segment by Application, the market can be split into
Small and Medium Businesses (SMBs)
The study objectives of this report are:
To study and forecast the market size of Cloud High Performance Computing (HPC) in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cloud High Performance Computing (HPC) are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Cloud High Performance Computing (HPC) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.