Market Scope
The global Grid Computing in Market Growth 2020 can achieve substantial levels of revenue while advancing at a significant rate during the forecast period (2020 to 2030), believes Market Research Future (MRFR). Grid Computing Market size is expected to reach 10,785 million by 2030, with a CAGR of 16.14% during the forecast period 2020-2030.
Significant Companies
The significant contenders in the global market for grid computing include Sun Microsystems (U.S.), Sybase (SAP) (U.S.), Apple Computer (U.S.), Oracle (U.S.), Dell (U.S.), Sun Microsystems (U.S.), DataSynapse Inc. (U.S.), Platform Computing Inc. (U.S.), IBM (U.S.), Hewlett-Packard HP (U.S.), to name a few.
Market Segmentation
Grid Computing in Marketing has been studied by MRFR analysts, keeping in mind the primary segments of graphic type, components, application, and end users.
The market segmentation, depending on the graphic type, includes integrated graphics and discrete graphics.
The components-wise segmentation comprises video graphics array, peripheral component interconnect bus, USB, among others.
Various application areas of grid computing are datacenter, Software as a Service (SaaS) and utility computing, among others.
IT Telecommunications, Education, BFSI, Consumer Electronics, Healthcare and Government are some of the prime end-users in the global market.
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Top Boosters and Key Restraints
Over the years, computational grids have gained solid grounds as the next level in distributed computing. Grid computing helps provide a better degree of resource sharing which changes how the data can be accessed. It also helps transform the techniques of data consumption, storage and production. A number of large corporations around the world are making extensive use of grid computing to optimize their operations. Grid computing helps these corporations by offering them with computing resources any time they are needed. This trend can also help boost the demand for grid computing across several small and medium businesses as well, promoting the market growth.
Speaking of benefits, grid computing allows employees belonging to different organizations to work together on common issues. It also helps in resource sharing, collaboration on distributed network as well as resource recovery. The increasing use of grid computing in developing countries can also benefit the worldwide market in the coming years.
The integration of grid computing systems with scheduling systems has been instrumental in the market advancements in recent years. In addition, applications in computational computer problems that are connected in a parallel networking environment have induced significant market growth across the world.
Regional Outlook
The geographical study of the market includes Asia Pacific (APAC), the Americas, Europe and the Rest of the World (RoW).
North America carries immense clout, with the biggest share in the global market grid computing. The high adoption among business in different industries and the increasing use of software as a service model platform has led to the region’s dominance over the years. Also, renowned solution providers in the region now offer grid computing technologies on cloud to various sized enterprises, which also favors the regional market.
In Europe, grid computing is blossoming into a highly lucrative market, on account of the mounting need among enterprises to share resources as well as data that are cloud hosted and self-hosted. The region also houses a thriving education sector, which makes heavy demand for grid computing, to enable exhaustive computation and data intensive research.
APAC is a strong contender in the global market and can soon attain the fastest growth rate during the evaluation period. The expanding nature of the grid computing architecture market is one of the main reasons for the said market growth in the region. Also, the deployment of grid computing has risen in the government sector in the region, due to the growing need for coordinated access to colossal volumes data present across several agencies.
LIST OF TABLES
Table1 World Population By Major Regions, 2018–2023
Table2 Global Grid Computing in Marketing, By Country, 2018–2023
Table3 North America: Grid Computing in Marketing, By Country, 2018–2023
Table4 Europe: Grid Computing in Marketing, By Country, 2018–2023
Table5 Asia-Pacific: Grid Computing in Marketing, By Country, 2018–2023
Continued……
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LIST OF FIGURES
FIGURE 1 Global Grid Computing in Marketing Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Grid Computing in Marketing
FIGURE 4 Value Chain Of Global Grid Computing in Marketing
FIGURE 5 Share Of Grid Computing in Marketing In 2018, By Country (In %)
Continued…….
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