High Performance Computing as a Service (HPCaaS) Market Insights by Size, Demand, Industry Insights, Opportunities, Future Growth Rate, CAGR Status Till 2023


News provided by

Shibuya Data Count

Jun 09, 2021, 13:39 EST


Shibuya-ku, Tokyo, Japan, Japan, Jun 09, 2021, 13:39 /Comserve / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

“Faster deployment of new products and services is expected to drive the overall growth of the high performance computing as a service market”. The HPCaaS market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9%. The high performance computing as a service market is driven by various factors such the faster deployment of new products and services, access to better technologies, and reduced capital costs. Whereas, privacy concerns, performance reliability issues, and data protection concerns are the major restraints to the high performance computing as a service market.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106371

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major high performance computing as a service providers include IBM (US), AWS (US), Microsoft (US), Cray (US), Sabalcore Computing (US), Google (US), Penguin Computing (US), Adaptive Computing (US), Nimbix (US), Uber Cloud (US), HPE (US), and Dell (US). The study includes an in-depth competitive analysis of these key players in the HPCaaS market, along with their company profiles, recent developments, and key market strategies.

In high performance computing as a service market, the BFSI segment has the largest share during the forecast period.
Financial institutions are adopting hosted private cloud and colocation services for security concerns, which is pushing BFSI segment toward the highest growth rate. In BFSI, HPCaaS is majorly deployed in high-frequency trading, capital market analysis, and risk modeling. BFSI is the largest adopter of HPCaaS and expected to grow at high pace from 2018 to 2023.
In high performance computing as a service market, public cloud deployment model is expected to have the largest share during the forecast period.

Public cloud deployment model offers various benefits to organizations, such as ease of access, faster deployment, and location independence services due to which, it is expected that public cloud deployment model will have the largest market share from 2018 to 2023. Yet, the need of faster node to node communication is restraining the public cloud adoption.
Infrastructure as a Service (IaaS) has the largest share in the high performance computing as a service market during the forecast period.

The traditional HPC systems require huge start-up investment, with technical and administrative support. With Infrastructure as a Service (IaaS) scientists and researchers are enabled to run their HPC applications in the cloud without upfront investment cost associated with the traditional HPC infrastructure. IaaS platform increases user efficiency, eliminate cluster administration costs, and acts as a “pay-as-you-go” cloud model, simplifying HPC cloud clusters, and making it more accessible.

In the high performance computing as a service market, North America holds the largest share during the forecast period.
North America is the biggest market and is expected to grow at the highest volume from 2018 to 2023. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people.

The breakup of the profiles of the primary participants as follows:

  • By Company Type: Tier 1: 45%, Tier 2: 34%, and Tier 3: 21%
  • By Designation: C-level Executives: 14%, Directors: 10%, and Others: 76%
  • By Region: North America: 35%, Europe: 32%, APAC: 25%, and RoW: 8%

Research Coverage:
The market study covers the HPCaaS market across various segments. It aims at estimating the market size and the growth potential of this market across different segments, on the basis of type, application, and end user in life sciences. The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106371

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall HPCaaS market and its subsegments. This report will help the stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET SCOPE 13
1.3 MARKET DEFINITION 14
1.4 CURRENCY 15
1.5 LIMITATION 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 17
2.1.1 KEY DATA FROM SECONDARY DATA 18
2.1.2 KEY DATA FROM PRIMARY DATA 19
2.2 MARKET SIZE ESTIMATION: BOTTOM-UP AND TOP-DOWN APPROACH 20
2.3 VENDOR ANALYSIS MATRIX METHODOLOGY 22
2.3.1 VENDOR INCLUSION CRITERIA 22
2.4 RESEARCH ASSUMPTIONS 23
3 PREMIUM INSIGHTS 24
3.1 PREMIUM INSIGHTS 25
4 MARKET OVERVIEW 26
4.1 MARKET DRIVERS 27
4.2 MARKET RESTRAINTS 29
4.2 MARKET OPPORTUNITY & CHALLENGES 31
5 GLOBAL HIGH PERFORMANCE COMPUTING AS A SERVICE OPPORTUNITY 32
5.1 GLOBAL HPCAAS MARKET OPPORTUNITY 33
5.2 GLOBAL HPCAAS MARKET OPPORTUNITY, BY VERTICAL 34
5.3 GLOBAL HPCAAS MARKET OPPORTUNITY, BY DEPLOYMENT TYPE 36
5.4 GLOBAL HPCAAS MARKET OPPORTUNITY, BY COMPONENT 38
5.5 GLOBAL HPCAAS MARKET OPPORTUNITY, BY REGION 40
6 END USER ANALYSIS 42

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106371

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/



Also from this source



Medical Imaging Outsourcing Market Price Trends, Industry Overview, Growth and Forecast To 2027

Competitive Analysis: Alliance Medical, Flatworld Solutions Pvt. Ltd., MetaMed, NORTH AMERICAN SCIEN