Cloud HPC Market Growing Swiftly at 21% CAGR by 2023 | Cloud High Performance Computing Market Forecast by Component, Service, Deployment, Industry Vertical

Cloud HPC Market
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 2023

Market Highlights

The cloud high-performance computing increases the computing capability, as compared to non-cloud deployment. The high performance computing market has seen significant growth by the growing adoption of cloud computing. The market at present is captured by nearly 25% enterprises that use cloud services for high-performance computing. The rate of adoption of cloud services for high performance computing is expected to increase rapidly over the forecast period.Regional Analysis

 

On the basis of geography, the Cloud HPC Market is studied for North America, Europe, Asia Pacific and the rest of the world. Among all the regions, the market is dominated by North America due to the technological advancement, and developing supercomputing facilities. The United States is leading the market, whereas Canada is also estimated to witness a higher growth rate. Europe is expected to show significant growth during the forecast period. Europe is a technologically advanced region, and the factors contributing to the growth of this market are, the strong government and industry partnerships, higher use of HPC for research activities, and deployment of HPC for industrial and scientific research activities in Germany.

 

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On the other hand, Asia Pacific is expected to show a decent growth considering developments in the semiconductor industry, digital & network infrastructure, and one of the fastest growing market for supercomputers. India is an advanced country in software development and solutions. In India, cloud high performance is adopted for applications of education, weather forecasting, and in government sector.

 

Key players

Some of the major players in global cloud high performance computing market include International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), Google, LLC (U.S.), Dell, Inc (U.S.), Amazon Web Services (U.S.), Penguin Computing (U.S.), Sabalcore Computing Inc (U.S.), Univa Corporation (U.S.), Gridcore AB (Sweden), Adaptive Computing (U.S.), Hewlett Packard Enterprise (U.S.) among others.

 

Other vendors include Silicon Mechanics, Inc (U.S.), Atos SE (France), Nvidia Corporation (U.S.), R Systems NA, Inc (U.S.), Oracle Corporation (U.S.), The MathWorks, Inc (U.S.), ToutVirtual, Inc (U.S.), T-Services (Russia), Wolfram Alpha LLC (U.S.), Fujitsu Ltd (Japan), Intel Corporation (U.S.), Advanced Micro Devices, Inc (U.S.), Cisco Systems, Inc (U.S.), Hitachi Ltd (Japan), Huawei Technologies Co Ltd (China), Rescale, Inc (U.S.), Nimbix, Inc (U.S.), Alibaba Cloud (China), ARCTUR (Slovenija), CSUC (Spain), TotalCAE (U.S.), TheUberCloud, Inc (U.S.) among others.

 

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Intended Audience

HPC vendors

System integrators

Consultancy and advisory firms

End-Users

Data integration service providers

Managed service providers

Enterprise customers

 

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