Market Highlights
According to the investigation by Market Research Future Reports (MRFR), the worldwide cloud elite execution figuring market 2020 is significantly determined by the expanding reception of cloud-based administrations in a few areas. The exploration expresses that the overall cloud elite execution registering market is probably going to esteem USD 22 billion, flourishing at a CAGR of 21% during the appraisal residency from 2017 to 2023. There has been a quick mechanical advancement that has essentially powered market development. Plus, the flooding interest for quality execution distributed computing in a few areas is further pushing the market. In addition, there has been an augmentation in the accessibility of cloud-based specialist organizations, which expands the market development. On the other side, the information security concerns and the board arrangements are ruining the development of the market during the conjecture time frame. The spread of Covid has impacted market elements altogether. We will offer COVID-19 result examination with the report.
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Segmentation:
The worldwide cloud high-performance computing market can be classified on the basis of component, services, industry vertical, deployment, and region.
Based on components, the worldwide cloud high-performance computing market can be classified into hardware and software. The hardware segment can be further classified into server, storage, and networking devices. The software segment can be further classified into analytics tools and clustering software. The professional service segment has been further classified into maintenance & support services, integration, and deployment service, and consulting service.
Based on services, the worldwide cloud high-performance computing market can be classified into managed services, professional services, and other services. Based on industry vertical, the worldwide cloud high-performance computing market can be classified into retail, banking and financial services, manufacturing, IT & telecommunication, healthcare, transportation, energy & utilities, and others.
Based on deployment, the worldwide cloud high-performance computing market can be classified into hybrid and public clouds.
Based on the region, the worldwide cloud high-performance computing market can be classified into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
Geographical Analysis
The regional study of North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW) has been conducted. As per the analysis, the worldwide market is dominated by North America by acquiring the maximum market share. The region consists of the established players, which propels the North American market. Besides, the easy adoption of advanced technology and the rising dependence on the cloud-based industry has additionally augmented the market. The second position is attained by the APAC region. The development of supercomputing facilities has led to the expansion of the regional market. Also, the growing adoption of cloud-based solutions and technological evolution is further propelling the growth of the cloud high-performance computing market in the APAC region.
The outbreak of COVID-19 has affected several markets of the region.
Key Players
The forefront players of the worldwide cloud high performance computing market are Sabalcore Computing Inc (the U.S.), International Business Machines Corporation (the U.S.), Microsoft Corporation (the U.S.), LLC (the U.S.), Google, Inc (the U.S.), Dell, Amazon Web Services (the U.S.), Penguin Computing (the U.S.), Univa Corporation (the U.S.), Adaptive Computing (the U.S.), Gridcore AB (Sweden), and Hewlett Packard Enterprise (the U.S.). Some of the other established players contributing significantly are Oracle Corporation (the U.S.), Atos SE (France), Silicon Mechanics, Inc (the U.S.), Nvidia Corporation ( R Systems NA, Inc (the U.S.), The MathWorks, Inc (the U.S.), T-Services (Russia), ToutVirtual, Inc (the U.S.), Wolfram Alpha LLC (the U.S.), and few more.
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Global Cloud High Performance Computing Market: Component (Hardware, Software), Service (Professional, Managed), Deployment (Public Cloud, Hybrid), Industry Vertical (BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Energy & Utilities) - Forecast till 2027
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