High-Performance Computing as a Service Market is expected to hit USD 63.12 Billion, registering a 7.30% CAGR by 2030- Report by Market Research Future (MRFR)

Market Research Future Insights

According to MRFR analysis, the global High-Performance Computing as a Service Market is expected to register a CAGR of ~ 7.30% from 2022 to 2030 and hold a value of over USD 63.12 billion by 2030. High-performance computing as a service (HPCaaS) raise to the type of services that provide high-performance computing applications on cloud environment.

These services permit access to a reliable and scalable resource of high-performance computing components. The technology could be said as supercomputer that can be converted into a scalable cloud that improves the accessibility of HPC resources. The COVID-19 epidemic had a positive impact on the high-performance computing as a service (Hpcaas) market. It aided millions of people globally in leveraging advanced tools for several applications, especially healthcare.

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High-Performance Computing as a Service Market Report Scope: 

High performance computing as a service (Hpcaas) market was highly suitable for numerous medical applications such as remote patient monitoring, and healthcare solutions, among others. The high-performance computing as a service (Hpcaas) market is anticipated to witness high growth post-COVID-19 owing to the adoption of smart manufacturing processes using AI, and IoT technologies.

Regional Analysis

North America dominates the high-performance computing as a service (Hpcaas) market owing to the introduction of computing technology along with prevalence of several market players within the region.

Europe is anticipated to witness significant growth during the estimate period of 2022 to 2030 because of the adoption of cloud services along with growing number of organizations based on cloud services in the region.

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Market Segmentation

The Global High-Performance Computing as a Service Market has been segmented into the Component, Organization Size, Deployment, and Verticals

Based on Component, The Global High-Performance Computing as a Service Market has been segmented into Platform, and Solution

Based on Organization Size, The Global High-Performance Computing as a Service Market has been segmented into SMEs, and Large Enterprise

Based on Deployment, The Global High-Performance Computing as a Service Market has been segmented into Public Cloud, Private Cloud, and Hybrid)

Based on Verticals, The Global High-Performance Computing as a Service Market has been segmented into BFSI, Healthcare, and Retail 

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Key Players

Some of the key market players are

• Intel Corporation
• Fujitsu Ltd
• Cisco Systems Inc.
• Oracle Corporation
• Hitachi Ltd
• Advanced Micro Devices Inc.
• BM Corporation
• Hewlett Packard Enterprise Company
• Dell Inc.
• Microsoft Corporation

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