Global Cloud High Performance Computing Market is expected to reach US$ 28.9Bn by 2026 from 6.5 Bn in 2017 at CAGR 20.5%.

Cloud High Performance Computing Market is segmented by service type, deployment model, organization size, industrial verticals and, by region. Based on service type market is divided into HPC IaaS, HPC PaaS, data organization and workload management, clustering software and analytics tool, professional service, managed service. Deployment model is split into the public, private and hybrid cloud. Organization size is classified as SMEs and large enterprises. Industrial verticals are academia and research, biosciences, design and engineering, financial services, government, manufacturing, media, entertainment and online gaming, weather, and environment, others. Geography-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The emergence of big data market, complex applications management, and adoption of pay-as-you-go model are some of the major driving factors expected to drive the cloud high-performance computing market. The risk of information loss and increased cost during a transition from on-premise to cloud-based HPC services are restraining factors that would hinder the growth of the Cloud High Performance Computing Market.

Based on the deployment model, the public cloud deployment model is expected to have larger cloud high performance computing market share during the forecast period, owing to various benefits such as faster deployment, ease of access, and location independence services. Hybrid cloud deployment is expected to reach at a highest CAGR during the forecast period, as it delivers various benefits including reliability, scalability, and rapid development
On the basis of organization size, SMEs is dominating the market. SEMs increasingly adopting cloud-based HPC solutions, which offer the flexibility to scale a company’s IT infrastructure as per its requirements. That trend is expected to continue among SMEs during the forecast period.

In terms of region, North America is anticipated to have the leading market share and is anticipated to dominate the global cloud high performance computing (HPC) market in the forecast period due to different innovations during technology advancement, research & development and increasing demand for dealing flexibility and alertness. Global cloud high performance (HPC) market is projected to witness vast growth in Asia Pacific (APAC) owing to enhanced technology, scalability, cost-effectiveness, and enhanced production.

Key players operating on the HPC market are IBM Corporation, Microsoft Corporation, Google, Dell, Amazon, Web Services, Penguin, Computing, Sabalcore Computing, Adaptive Computing, Gompute, Univa Corporation, Huawei Technologies Co. Ltd, Cray, Fujitsu Intel Corporation, Hitachi Ltd Advanced, Micro Devices, Inc. Hewlett Packard Enterprise Company, Cisco Systems, Inc.

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The scope of the Global Cloud High Performance Computing Market

Global Cloud High Performance Computing Market, by Service Type:
• HPC IaaS
• HPC PaaS
• Data Organization and Workload Management
• Clustering Software and Analytics Tool
• Professional Service
• Managed Service

Global Cloud High Performance Computing Market, by Deployment model:
• Public Cloud
• Private Cloud
• Hybrid Cloud

Global Cloud High Performance Computing Market, by Organization size:
• Small and Medium Businesses
• Large Enterprises

Global Cloud High Performance Computing Market, by Industry Verticals:
• Academia and Research
• Bio-sciences
• Design and Engineering
• Financial Services
• Government
• Manufacturing
• Media, Entertainment and Online Gaming
• Weather and Environment
• Others

Global Cloud High Performance Computing Market, by Region:
• North America
• Europe
• Asia-Pacific (APAC)
• Middle East and Africa
• Latin America

Key Players of Global Cloud High Performance Computing Market
• IBM Corporation
• Microsoft Corporation
• Google
• Dell
• Amazon Web Services
• Penguin Computing
• Sabalcore Computing
• Adaptive Computing
• Gompute
• Univa Corporation
• Huawei Technologies Co. Ltd
• Cray
• Fujitsu
• Intel Corporation
• Hitachi Ltd
• Advanced Micro Devices, Inc.
• Hewlett Packard Enterprise Company
• Cisco Systems, Inc.

This Report Is Submitted By @Maximize Market Research Company

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