DUBLIN, Dec. 14, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/gl5t9b/cloud_high) has announced the addition of the "Cloud High Performance Computing (HPC) Market by Service Type (HPC IAAS, HPC PAAS, Data Organization and Workload Management, Clustering Software and Analytics Tool, Professional Service and Managed Service) - Global Forecast to 2020" report to their offering.
This report forecasts the cloud High Performance Computing market size to grow from USD 4.37 Billion in 2015 to USD 10.83 Billion by 2020, at a compound annual growth rate (CAGR) of 19.9% from 2015 to 2020.
HPC involves complex and technical computation that generates huge amount of data making it difficult in collaboration and processing. Cloud HPC addresses these issues by offering distributed and customized execution environment. The complex applications management, emergence of big data market, and adoption of pay-as-you-go model are the main drivers of the cloud HPC market.
Cloud HPC service type market segmentation comprises HPC Infrastructure as a Service (IaaS), HPC, Platform as a Service (PaaS), data organization and workload management, clustering software and analytics tool, professional service, and managed service. The HPC IaaS market is expected to have the largest market share in the cloud HPC market in the service type from 2015 to 2020, due to the growth of complex applications and increasing workloads. Managed service is expected to play a key role in changing the cloud HPC landscape and will grow at the highest growth rate during the forecast period as managed service providers are responsible for managing and monitoring IT systems enabling enterprises to increase efficiency, reduce the downtime, and drive better outcomes.
Hybrid cloud deployment is the fastest-growing deployment model in the Cloud High Performance Computing Market as it seeks to deliver the advantages of scalability, reliability, rapid deployment, and potential cost savings along with security features. The public cloud deployment model is expected to have the largest market share from 2015 to 2020 as it offers various benefits to organizations, such as ease of access, faster deployment, and location independence services.
The cloud HPC services are being increasingly adopted by numerous end users, such as government and academia and research, biosciences, and others that have led to the growth of the market across the globe. The government sector is expected to dominate the cloud HPC market, contributing the largest market share during the forecast period. However, the media, entertainment and online gaming end users are projected to witness the highest growth during the forecast period.
North America is expected to have the largest market share and will dominate the cloud HPC market from 2015 to 2020 owing to innovations through research and development and technology and increasing demand for business flexibility and agility. The cloud HPC market is expected to experience huge growth in Asia-Pacific (APAC) due to improved technology, cost efficiency, scalability, and improved productivity.
The key vendors providing cloud HPC services are:
- HPC IaaS: Penguin Computing, Google, IBM Corporation, and others
- HPC PaaS: Amazon Web Services, Penguin Computing, and others
- Data organization and workload management: Dell, IBM Corporation, Univa Corporation, and others
- Clustering software and analytics tool: Microsoft Corporation, Univa Corporation, Dell, and more
- Professional service: Sabalcore Computing, Adaptive Computing, and others
- Managed service: Peer 1, TCS, and Penguin Computing.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Cloud High Performance Computing Market: Overview
6 Cloud High Performance Computing Market: Industry Trends
7 Cloud High Performance Computing Market Analysis, By Service Type
8 Cloud High Performance Computing Market Analysis, By Deployment Model
9 Cloud HPC Market Analysis, By Organization Size
10 Cloud High Performance Computing Market Analysis, By End User
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- Adaptive Computing
- Amazon Web Services
- Dell, Inc.
- Google, Inc.
- International Business Machines Corporation
- Microsoft Corporation
- Penguin Computing
- Sabalcore Computing
- Univa Corporation
For more information visit http://www.researchandmarkets.com/research/gl5t9b/cloud_high
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets