Industry Insight

The Cluster Computing market is projected to grow at an impressive CAGR of 4.83% and will rise to the market size of the revenue of USD 37.73 Billion by the end of the forecast time period. (2020-2030)

Top Impacting Factors

The factors liable for grossing the global cluster computing market’s growth are attributed to the economic competitiveness and new product developments. These are the critical drivers for the rising demand for the cluster computing market for years and will continue to the forecast period as well. In fact, recent developments such as the cloud-based approach in the cluster computing market are captivating small to medium-sized enterprises in the market. With the use of high-performance computers by SMEs, this would reduce the initial investments for building infrastructure, hardware implementation, and thus the high-performance computing market is anticipated to expand exponentially in the near future.

The growing dependence on IT infrastructural support of industries around the globe has amplified the need for cluster computing solutions. Moreover, organizations have also grown keener to include virtualized environments, leading to increased investments in cluster computing expenditure. Cluster computing has emerged as the most compelling solution to cater to the abovementioned organizational needs, enabling computer possessions to work as a cluster. All these features contribute to the market’s growth tremendously over the forecast period.

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Top Market Players

The well-known players in the market of Cluster Computing are listed as Advanced Micro Devices, Cray, Inc. (U.S.), Cisco Systems Inc. (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Silicon Graphics International Corp. (U.S.), Google Inc. (U.S.), Hewlett Packard, Inc. (U.S), Amazon Web Services, Inc. (U.S.) Dell (U.S.) and more.

Segmentation of Market: Cluster Computing

Bifurcation of the global cluster computing market has been conducted by service type, by deployment, by organization size, by vertical.

Cluster Computing has been identified among the service type includes HPC PAAS, HPC IAAS, Cluster Software, and Analytical Tool, Data Organization and Workload Management, and Professional Services.

Deployment segment included on-cloud and on-premise. The organization size has been known as SBU and LBU, and more.

The vertical segment has been identified among Industrial Manufacturing, life Science, defence, gaming industry, banking, retail, and among others.

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Regional Outlook

North America is leading the market of Cluster Computing owing to the existence of the worldwide players in this region as well as elevated technological advancement. The region of North America is likely to lead the market all the way forecast period for many mounting factors as well.

Asia-Pacific has emerged as the fastest expanding market and expected to be the second-biggest market by the end of the predicted period. Presently Europe has acquired the second position in the market but likely to be led by Asia-Pacific by the end of the forecast period.

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