The major factors driving the growth of Cloud HPC market are complex applications management, emergence of the Big Data market, and adoption of the 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.
The report defines and segments the global Cloud HPC market on the basis of service types, deployment models, organisation sizes, end users, and regions and provides an in-depth analysis and market size estimations. The HPC Infrastructure as a Service (IaaS) type is expected to contribute the largest market share whereas managed service will play a key role in changing the Cloud HPC landscape during the forecast period with the high growth rate.
The government and academia and research end user are expected to contribute the highest market share in the Cloud HPC market. End users such as media, entertainment and online gaming, design and engineering, and weather and environment will be the major growing end users during the forecast period.
The report also covers the total Cloud HPC marekt by geography comprising North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to have the largest market share, however APAC will grow with the highest CAGR from 2015 to 2020. The major vendors in the Cloud HPC market include IBM Corporation, Microsoft Corporation, Google, Dell, Amazon Web Services, Penguin Computing, Sabalcore Computing, Adaptive Computing, and others.
The scope of the report covers detailed information regarding the major factors influencing the growth of the Cloud HPC market comprising drivers, restraints, challenges, and opportunities. A detailed analysis of key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers and acquisitions, partnerships, agreements, collaborations, and recent developments associated with the Cloud HPC market.
The research methodology used to estimate and forecast the Cloud High Performance Computing (HPC) Market begins with capturing data from key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global cloud HPC market from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.
The key vendors providing Cloud HPC services are:
The target audience includes:
The research report segments the Cloud High Performance Computing (HPC) Market to following submarkets:
1. By Service Type:
2. By Deployment model:
3. By Organisation size:
4. By End User:
5. By Region: