High-Performance Computing as a Service Market

High-Performance Computing as a Service Market Size, Share, Growth Analysis, By COMPONENT(Solutions, Services), By DEPLOYMENT TYPE(Private Cloud, Public Cloud, Hybrid Cloud), By INDUSTRY VERTICAL(Manufacturing, BFSI, Healthcare, Government), By REGION(North America, U.S., Canada, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG45C2034 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

High-Performance Computing as a Service Market Insights

Market Overview:

Nowadays, in genomics research, the demand for high-performance computing (HPC) systems is increasing rapidly. Genetic variants associated with various diseases and their responses to treatment are to identify and analyze by the researcher through the system. Across the entire genome, genomic sequencing is used to analyze all types of genetic variations. In genomic research activity, HPC systems contain high speed, reliability, and accuracy, which help in analyzing a large amount of sequencing data efficiently. Through different omics techniques, the emergence of next-generation sequencing technology (NGS) provides analysis and identification of multiple areas of human health. As per the solutions predicted by experts in HPC and artificial intelligence the future of high-performance computing will include improvements in scalability and computing power. Along with a possible convergence with quantum computing systems, improvements through hardware and cloud computing. In future HPC system number of computing, nodes will likely increase. To influence high-performance computing trends, successful implementation of cloud-based input and output technologies stands poised. For a streamlined approach to managing data input and output, larger workflows require more computing power.

High-Performance Computing as a Service Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Data Processing & Outsourced Services by segment aggregation, the contribution of the Data Processing & Outsourced Services in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for High-Performance Computing as a Service was estimated to be valued at US$ XX Mn in 2021.

The High-Performance Computing as a Service Market is estimated to grow at a CAGR of XX% by 2028.

The High-Performance Computing as a Service Market is segmented on the basis of COMPONENT, DEPLOYMENT TYPE, INDUSTRY VERTICAL, REGION.

Based on region, the High-Performance Computing as a Service Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the High-Performance Computing as a Service Market are Cray Inc., Dell, Google (Alphabet Inc.), Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM), Microsoft Corporation, Nimbix, Inc., Penguin Computing, Sabalcore Computing, The UberCloud.

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High-Performance Computing as a Service Market

Report ID: UCMIG45C2034

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