Proliferating Demand for Easy Data Access and Storage to Boost Deployment of Cloud High Performance Computing Devices

Published On : 19 Dec 2016

QYResearchReports.com has announced the addition of a new market intelligence report to its repository. The research publication is titled, “Global Cloud High Performance Computing (HPC) Market Research Report 2016.” The market intelligence report delves into the growth trajectory of the global cloud high performance computing market in terms of revenue and volume. The report also evaluates the predominant trends and the important factors that are expected to impact the growth of the market in a positive or adverse manner. The report also highlights the strategies, shares, and product portfolio of the key companies operating in the global cloud high performance computing market. 

High performance computing involves technical and complex computation that produces a high amount of data making processing and collaboration difficult. Cloud high performance computing addresses such issues by offering a customized, distributed, and well executed environment. The primary drivers of the global cloud high performance computing market are the adoption of the par-as-you-go model, introduction of big data market, and complex process of applications management. 

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Based on product type the market has been segmented into hybrid cloud, private cloud, and public cloud. Out of these, the hybrid cloud deployment segment is the leading segment in terms of growth in the global cloud high performance computing market owing to the advantages such as high security, feasibility, rapid deployment, reliability, and scalability. However, the public cloud deployment segment is likely to emerge as the leading segment in terms of use until 2021 as it provides organizations and institutions with several benefits such as services which are location independent, fast deployment, and ease of access. 

The cloud high performance computing services are being incessantly adopted by several end-user industries such as biosciences, research and academia, and the government sector. In terms of application, the market is classified into small and medium businesses and large enterprises. Companies operating in the market are likely to gain from the high deployment rate of cloud high performance computing devices and services. However, the market is expected to face challenges from the rising cost of transition to cloud-based high performance computing services from on-premise high performance computing services and high risk of information loss. The further threats that the market is likely to face are strict and time taking regulations and lack of proper security. 

Geographically, the global cloud high performance computing market has been segmented into India, Southeast Asia, Japan, China, Europe, and North America. The regions have been thoroughly analyzed in terms of deployment, market players, market reach, shares, products in circulation in the region, and the volume and revenue growth of the regions. Some of the companies operating in the market are Univa Corporation, Gompute, Adaptive Computing, Sabalcore Computing, Penguin Computing, Amazon Web Services, Dell Inc., Google Inc., Microsoft Corporation, and International Business Machines Corporation. 

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