High Performance Computing as a Service Market

High Performance Computing as a Service Market by Verticals (BFSI, Healthcare and Life Sciences, Manufacturing), Deployment Type (Colocation, Hosted Private Cloud, Public Cloud), Component, Region - Global Forecast to 2023

Report Code: TC 6859 Jan, 2019, by marketsandmarkets.com

[107 Pages Report] The high performance computing as a service market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9%. Growth in this market is driven by the deployment of new products and services, access to better technologies, and reduced capital costs.

High Performance Computing as a Service Market

The healthcare and life sciences segment is expected to grow at the highest CAGR from 2018 to 2023

The number of life science applications are expected to increase in the future, thus leading to an increase in data storage requirements. Data-intensive applications such as genomics, protein modeling, personalized medicine, and data mining that require real-time data processing will drive the adoption of HPCaaS.

Platform as a service is expected to grow at the highest CAGR during the forecast period.

Majority of Independent Software Vendors (ISV’s) are delivering or are planning to deliver cloud-based versions of their offerings for HPC. Major roadblocks for “as a service” adoption is the cost of the licensed or commercial products. Furthermore, they are bulky to run on the cloud and are expensive too.

Asia Pacific is expected to experience the highest growth in the High Performance Computing as a Service market

By Region, APAC is dominating the HPCaaS market as China is emphasizing on enhancing its supercomputing capabilities. Recently, China topped with 202 supercomputers in the world’s top 500 supercomputers survey.

High Performance Computing as a Service Market

Key High Performance Computing as a Service Market Players

The major high performance computing as a service market vendors are 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).

Microsoft Corporation is a global vendor in providing a diverse set of software, licensing, hardware products and solutions across different industrial verticals for over three decades. The company is focused on expanding its expertise in the mobile, cloud, and security domain. It also emphasizes on driving innovations in all of its product offerings. It focuses on strategic partnerships with industry co-leaders to enhance its global reach and offerings. It partnered with companies such as AT&T and CA Technologies to expand its customer base and reach. The company primarily aims to enrich the technological usage experience for all its clients, both in personal and business-related functioning by providing its customers with highly valued, economical, and convenient product offerings integrated with the latest technological solutions and services. Considering the current market scenario, the company’s strategic focus is to create new market opportunities for its range of cloud solutions and to increase customer satisfaction with service enhancement.

Recent Developments:

  • In 2018, Penguin Computing released Scyld ClusterWare 11, a new architecture that delivers a web-enabled HPC cluster management software system to customers in the government, media and entertainment, life sciences, financial services, energy, manufacturing, and oil & gas industries. With Penguin Computing expertise, this complete solution can help customers to design, manage, optimize, and secure their unique cluster environments.
  • In 2018, Adaptive Computing partnered with Google Cloud Platform (GCP) to provide HPC in the cloud and will demonstrate Cloud Bursting on GCP with its NODUS Cloud Bursting solution during event - Supercomputing 18 (SC18), the International Conference for HPC, Networking, Storage, and Analysis in Dallas, Texas from 12-15 November 2018.
  • In 2017, Sabalcore Computing released a new version of ABINIT, a software suite to calculate the optical, mechanical, vibrational, and other observable properties of materials. This software suite is now available for all Sabalcore customers. ABINIT is pre-installed in Sabalcore HPC systems with optimum performance tuning that allows its customers to run critical workloads without installing or configuring ABINIT at their end.

Key questions addressed by the report:

  • Who are the major players in the high performance computing as a service market?
  • What are the growth trends and the largest revenue-generating regions for market?
  • How is high performance computing as a service is catered to customers?
  • What are the major types of high performance computing services?
  • Which verticals are major adaptors in high performance computing as a service market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of the Study
    1.2 Market Scope 
    1.3 Market Definition 
    1.4 Currency 
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Key Data From Secondary Data
           2.1.2 Key Data From Primary Data
    2.2 High Performance Computing as a Service Market Size Estimation: Bottom-Up and Top-Down Approach
    2.3 Vendor Analysis Matrix Methodology
           2.3.1 Vendor Inclusion Criteria
    2.4 Research Assumptions

3 Premium Insights (Page No. - 24)
    3.1 Premium Insights

4 High Performance Computing as a Service Market Overview (Page No. - 26)
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Market Opportunity & Challenges

5 Global High Performance Computing as A Service Opportunity (Page No. - 32)
    5.1 Global HPCaaS Market Opportunity
    5.2 Global HPCaaS Market Opportunity, By Vertical
    5.3 Global HPCaaS Market Opportunity, By Deployment Type
    5.4 Global HPCaaS Market Opportunity, By Component
    5.5 Global HPCaaS Market Opportunity, By Region

6 End User Analysis (Page No. - 42)
    6.1 End User Analysis, Adoption Trend
    6.2 End User Analysis, By Spending
    6.3 End User Analysis, By Deployment
    6.4 End User Analysis, By Workload
    6.5 End User Analysis, High Performance Computing as a Service Market Share
           6.5.1 End User Analysis: Software By Manufacturing Application
           6.5.2 End User Analysis: Software By BFSI Application
           6.5.3 End User Analysis: Software By Healthcare and Lifescience Application
           6.5.4 End User Analysis: Software By Elctronic Design Automation Application
           6.5.5 End User Analysis: Software By Weather Application

7 Competitive Landscape (Page No. - 53)
    7.1 Ecosystem
    7.2 Vendor Strategy
    7.3 Growth Strategy
    7.4 Vendor Offerings: Market Snapshot
           7.4.1 Vendor Offerings Comparision – Tier I
           7.4.2 Vendor Offerings Comparision – Tier II

8 Company Profile (Page No. - 70)
    8.1 IBM
    8.2 AWS
    8.3 Microsoft
    8.4 Penguin Computing
    8.5 Sabalcore Computing
    8.6 Adaptive Computing
    8.7 Nimbix
    8.8 Google
    8.9 Cray
    8.10 Ubercloud
    8.11 HPE
    8.12 Dell

9 Appendix (Page No. - 100)
    9.1 Marketsandmarkets Knowledge Store: Snapshot
    9.2 Our Custom Research and Consulting
    9.3 List of Abbreviations
    9.4 Related Reports
    9.5 Disclaimer


List of Tables (21 Tables)

Table 1 Key Data From Secondary Sources
Table 2 Key Data From Primary Sources
Table 3 Research Assumptions
Table 4 Global High Performance Computing as a Service Market Size, 2018–2023 (USD Billion)
Table 5 Global HPCaaS Market Size, By Verticals, 2018–2023 (USD Billion)
Table 6 Global HPCaaS Market Size, By Deployment Type, 2018–2023 (USD Billion)
Table 7 Global HPCaaS Market Size, By Component, 2018–2023 (USD Billion)
Table 8 Global HPCaaS Market Size, By Region, 2018–2023 (USD Billion))
Table 9 Top ISV Software, 2018
Table 10 Top Open Source Software, 2018
Table 11 End User Analysis: Manufacturing Applications
Table 12 End User Analysis: BFSI Applications
Table 13 End User Analysis: Healthcare & Life Science Applications
Table 14 End User Analysis: EDA Applications
Table 15 End User Analysis: Weather Applications
Table 16 Partnerships, Agreements, and Collaborations
Table 17 New Product Launches and Upgradations
Table 18 High Performance Computing as a Service Market: Mergers and Acquisitions
Table 19 HPCaaS Vendor Offerings Snapshot
Table 20 HPCaaS Vendor Offerings Comparision- Tier I
Table 21 HPCaaS Vendor Offerings Comparision- Tier II


List of Figures (31 Figures)

Figure 1 High Performance Computing as a Service Market Covered
Figure 2 Years Considered in the Report
Figure 3 Global Open Source Service Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Vendor Analysis: Criteria Weightage
Figure 7 Market Drivers: Regional
Figure 8 Market Drivers: Vertical
Figure 9 Market Restraints: Regional
Figure 10 Market Restraints: Vertical
Figure 11 Global HPCaaS Market, 2018–2023 (USD Billion)
Figure 12 Global HPCaaS Market Size, By Vertical, 2018–2023 (USD Billion)
Figure 13 Global HPCaaS Market, By Deployment Type, 2018–2023 (USD Billion)
Figure 14 Global HPCaaS Market, By Component, 2018–2023 (USD Billion)
Figure 15 Global HPCaaS Market Size, By Region, 2018–2023 (USD Billion)
Figure 16 Current Status of Adoption
Figure 17 Spending Evaluation
Figure 18 Deployment Preferences
Figure 19 HPCaaS Usage Evaluation
Figure 20 HPCaaS Software Market Share, By Type, 2018
Figure 21 Ecosystem Vendor Classification
Figure 22 Vendor Strategy – Tier I
Figure 23 Vendor Strategy – Tier II
Figure 24 Companies Adopted the Strategy of New Product Launches and Upgradations as the Key Growth Strategy During the Period 2016–2018
Figure 25 High Performance Computing as a Service Market Evaluation Framework
Figure 26 Battle for Market Share: Partnerships, Agreements, and Collaborations has Been the Key Strategy Adopted By Key Players in the Global Open Source Software Market
Figure 27 IBM: Company Snapshot
Figure 28 Microsoft: Company Snapshot
Figure 29 Google: Company Snapshot
Figure 30 Cray: Company Snapshot
Figure 31 HPE: Company Snapshot

The study involved 4 major activities in estimating the current size of the HPCaaS  market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, Forbes, and Dun & Bradstreet have been referred to so as to identify and collect information useful for a technical, market-oriented, and commercial study of HPCaaS market. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, World Bank (US), and the Organization for Economic Co-operation and Development (OECD).

Secondary data was collected and analyzed to arrive at the overall market splits, which were further validated using primary research. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation, according to the industry trends to the bottom-most level and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

Extensive primary research was conducted after acquiring extensive knowledge about the HPCaaS market through secondary research. Primary interviews were conducted with market experts from both the demand-side across all four major geographies. Approximately 30% and 70% of primary interviews were conducted with both the demand and supply sides, respectively. This primary data was collected through questionnaires, e-mails, online surveys, and telephonic interviews. Given below is the breakdown of the primary respondents:

High Performance Computing as a Service Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the HPCaaS market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players were identified through extensive secondary research
  • Software product portfolios were studied for each player
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources
  • All the possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data

Data Triangulation<

After deriving the overall HPCaaS market, data, the total market value data was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various qualitative & quantitative variables as well as by analyzing regional trends for both the demand- and supply-side macroindicators.

Report Objectives

  • To define, describe, segment, and forecast the HPCaaS market by vertical, deployment type, component, and region
  • To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of market segments in North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
  • To profile the key players and comprehensively analyze their core competencies in terms of key market developments, product portfolios, and financials
  • To track and analyze competitive developments such as acquisitions, product developments, partnerships, agreements, collaborations, and expansions in the HPCaaS market

Scope of the Report

Report Metric

Details

Market size available for years

2017–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Values (USD Billion),

Segments covered

By vertical, deployment type, component, and region

Geographies covered

North America, Europe, APAC, and RoW

Companies covered

  • IBM (US), AWS (US), Microsoft (US), Cray (US), Sabalcore Computing (US), and Google (US)
  • 12 major players covered

This research report categorizes the high performance computing as a service market based on the type of vertical, deployment type, component, and region.

On the basis of Vertical, the high performance computing as a service market is segmented as follows:

  • BFSI
  • Healthcare and Life Sciences
  • Manufacturing
  • Electronic Devices and Automation
  • Weather
  • Others (Military and Defense, Media, and Entertainment, Academia and Research, Online Gaming, and Government)

On the basis of Deployment type, the high performance computing as a service market is segmented as follows:

  • Colocation
  • Hosted Private Cloud
  • Public Cloud

On the basis of Component, the high performance computing as a service market is segmented as follows:

  • SaaS 
  • PaaS
  • IaaS

On the basis of region, the high performance computing as a service market is segmented as follows:

  • North America
  • Asia Pacific
  • Europe, Middle East, and Africa
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific needs.

Report Code
TC 6859
Published ON
Jan, 2019
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