The Cloud High Performance Computing Market size is estimated to grow from USD 4.37 Billion in 2015 to USD 10.83 Billion by 2020, at an estimated compounded annual growth rate (CAGR) of 19.9% from 2015 to 2020. Learn details of the Size, Status And Forecast 2022
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The report aims at estimating the market size and future growth potential of cloud HPC market across different segments, such as service type, deployment model, organization size, end user, and region. The base year considered for the study is 2014 and the market size is forecast from 2015 to 2020.
The complex applications management, emergence of big data market, and adoption of pay-as-you-go model is expected to play a key role in fueling the growth of the cloud HPC market during the forecast period.
The research methodology used to estimate and forecast the Cloud High Performance Computing Market begins with capturing data from key vendor revenues through secondary research.
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The bottom-up procedure was employed to arrive at the overall market size of the global cloud HPC market from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives.
This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primary is depicted in the below figure:
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