Press Release

Cloud High Performance Computing (HPC) will register a 19.9% CAGR in terms of revenue, reach US$ 13200 million by 2023

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.

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Top Key Vendors in Cloud High Performance Computing (HPC) Market are Microsoft Corporation, Google, Inc., Dell, Inc., Amazon Web Services, Penguin Computing, Sabalcore Computing, Adaptive Computing, Gompute, Univa Corporation

The competitive landscape of the Cloud High Performance Computing (HPC) Market is discussed in the report, including the market share and new orders market share by company. The comprehensive study profiles some of the leading key players in the global market with the intent of an in-depth study of the challenges faced by the market as well as the untapped growth opportunities of the industry. The research also discusses the different kind of strategies implemented by the key companies to maintain their hold on the market as a whole. The business overview and financial overview of each of the company has been done and some basic information related to it has been shared.

Global competitors operating within Cloud High Performance Computing (HPC) Market are highlighted to get a stronger and effective outlook of the competition at domestic as well as global regions. Primary and secondary research techniques have been used by expert analysts to assess the data effectively.

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A SWOT analysis and Porter’s Five analysis have been utilized by team of analysts for the Cloud High Performance Computing (HPC) Market report as well. Different dynamics of the entire market such as drivers, challenges, risks, opportunities, and restraints have been evaluated to get a detailed knowledge for making informed decisions in the businesses. It highlights the statistics of current market scenario, past progress as well as future outlook.

The Cloud High Performance Computing (HPC) Market report analyses regions having higher potential such as, North America, Asia Pacific, and Europe including countries such as United States, China, Japan, India, United Kingdom and more, to give an outline of geographic scenario of this market. Few other major aspects such as GDP, and productivity are elaborated by using graphical representation. In order to acquire the knowledge of other key players and the global competition between leading companies’ noteworthy information and statistical data is included in this study. The report also elucidates the market drivers, trends, restraints and opportunities to give precise panoramic view, which is required for the development of strong business acumen related to Cloud High Performance Computing (HPC) Market.

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