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The HPCaaS market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9%NEW YORK, Jan. 28, 2019 /PRNewswire/ -- Faster deployment of new products and services is expected to drive the overall growth of the high performance computing as a service market". IaaS platform increases user efficiency, eliminate cluster administration costs, and acts as a "pay-as-you-go" cloud model, simplifying HPC cloud clusters, and making it more accessible. In the high performance computing as a service market, North America holds the largest share during the forecast period. North America is the biggest market and is expected to grow at the highest volume from 2018 to 2023. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the profiles of the primary participants as follows: •By Company Type: Tier 1: 45%, Tier 2: 34%, and Tier 3: 21% •By Designation: C-level Executives: 14%, Directors: 10%, and Others: 76% •By Region: North America: 35%, Europe: 32%, APAC: 25%, and RoW: 8% The major high performance computing as a service providers include IBM (US), AWS (US), Microsoft (US), Cray (US), Sabalcore Computing (US), Google (US), Penguin Computing (US), Adaptive Computing (US), Nimbix (US), Uber Cloud (US), HPE (US), and Dell (US). The study includes an in-depth competitive analysis of these key players in the HPCaaS market, along with their company profiles, recent developments, and key market strategies. Research Coverage: The market study covers the HPCaaS market across various segments.It aims at estimating the market size and the growth potential of this market across different segments, on the basis of type, application, and end user in life sciences. The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report: The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall HPCaaS market and its subsegments.This report will help the stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05727669 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-hpcaas-market-is-projected-to-reach-usd-10-0-billion-by-2023-from-usd-5-7-billion-in-2018--at-a-cagr-of-11-9-300785045.html SOURCE Reportlinker |