Grid Computing Market Service, Application, Geography, Analysis, Trends & Forecast to 2022

As per the latest report published by Market Research Future (MRFR), the global grid computing market will capture a healthy growth in the foreseeable future. Computing technology has continued to evolve over the years, allowing users more flexibility. Grid computing has emerged as important technology, helping businesses consolidate and integrate their computer networks in an effective manner.

Grid Computing Market is being integrated in multiple applications and used for resolving problems arising in network computers connected in a parallel manner. Grid operations are usually split into two categories CPU scavenging grids and data grids. Grid computing is standardized into access to secondary storage, monitoring & discovery service, grid resource allocation and grid security infrastructure.

Enterprise are utilizing grid computing increasing operational efficiency and reduce downtime. It is being leveraged for faster data transfer and access, accelerating business process and increasing productivity among others. Grid computing offers an effective way to share database and computing products securely. However, data theft remains a major concern owing to the dynamic nature of computer networks making them susceptible to online malignancy.

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Global Grid Computing: Segmental Analysis

The report also includes an in-depth segmental analysis of the market based on component, graphics type, organization size, application and end-users. On the basis of component, the market has been segmented into grid computing services, grid computing software and grid computing hardware. The grid computing hardware segment is further sub-segmented into peripheral component interconnect bus, USB, and video graphics array. The grid computing services segment is further bifurcated into managed services and professional services. On the basis of graphics type, the market has been segmented into integrated graphics and discrete graphics. On the basis of organization size, the market has been segmented into large enterprise and SMEs. Based on application, the market has been segmented into software-as-a-service, data center, and utility computing. Based on end users, the market has been segmented into BFSI, IT & telecommunications, education, consumer electronics, government, healthcare and others.

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Global Grid Computing: Regional Analysis

The grid computing market has been covered across regions such as Asia Pacific (APAC), North America and Europe. North America led by the U.S is expected to remain at the forefront of the global grid computing market during the forecast period. US, being a global leader in computer technology is viewed as an important market for grid computing. A number of companies specializing in grid computing operates in the U.S. Moreover, factors such as low-cost of software ownership and existence of a robust infrastructure are supporting the growth of the market in North America. Meanwhile, the market in Asia Pacific (APAC) is projected to exhibit the highest CAGR during the review period. India and China are expected to remain the two key markets for grid computing in APAC. The booming IT sector in these two countries is paving the way for the grid computing market. Increasing application of grid computing in sectors such as telecommunication and IT sectors is creating growth opportunities for market player in APAC.

Global Grid Computing: Competitive Landscape

MRFR in its report has profiled some the leading market players, which include Apple Inc. (US), Sun Microsystems (US), Sybase (US), IBM Corporation (US), Altair Engineering (US), Oracle Corporation (US), Dell Inc. (US), Hewlett-Packard Enterprises (US), Platform Computing Inc. (US), and DataSynapse Inc. (US), ENIT Systems (Germany), WebRadar (Brazil), Cylance Inc. (US), Kandou Bus (Switzerland) and Darktrace (UK).

Industry News

• FogHorn, an edge intelligence technology specialist focused on commercial and industrial IoT applications has reportedly entered a partnership with Dell EMC OEM Solutions to develop end-to-end IoT edge computing solutions for industrial application.
• IIllinois based software company Univa has recently agreed to collaborate with Weka.lO to aspeed up the migration process between the cloud and HPC workloads for enterprise customers.

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