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Global Clustering Software Market to Reach US$ 3.5 Billion by 2027, Impelled by Increasing Adoption of Cloud Computing

Published on Mar 14, 2020

According to the latest report by IMARC Group, titled "Clustering Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global clustering software market reached a value of US$  2.7 Billion in 2021. Clustering software is designed to configure the servers to a cluster that enables multiple servers to work together. These software-based applications connect, manage and coordinate multiple distributed servers to not only prevent data loss but also provide availability, failovers and numerous continuous operational benefits. The servers present in the cluster maintain the same information and collectively perform numerous administrative tasks, including load balancing and determining node failures. This aids in reducing the chances of human errors as well as eliminating a single point of failure, which eventually minimizes the risk of system downtime. These applications also simplify complex tasks into manageable subsystems, thus facilitating efficient data management. Owing to these advantages, the software is widely utilized for enhancing the overall information technology (IT) experience across diverse verticals, including defense, aerospace, telecom and academics.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Clustering Software Market Trends:

The global market is primarily driven by the expansion of the IT sector. The growing requirement for unified IT infrastructural support across the globe, in confluence with the widespread adoption of cloud computing by various corporate organizations, is bolstering the demand for clustering software. In line with this, these applications have now become an indispensable component of multiple workspaces as they assist in significantly reducing the costs incurred during downtime. The deployment of the software also aids in streamlining the workload while processing information and performing diverse tasks efficiently. Consequently, there are increasing investments by both government and non-government entities with the aim to facilitate cloud deployment, thereby creating a positive outlook for the market. Other factors, such as extensive research and development (R&D) activities conducted by the vendors for the development of advanced technologies and the increasing organizational dependence on IT services for day-to-day operations, are expected to augment the market growth further. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 3.5 Billion by 2027, exhibiting a CAGR of 4.77% during 2022-2027.

Market Summary:

  • Based on the solution, the market is divided into system management, parallel environment, workload management and others.
  • On the basis of the component, the market has been categorized into professional services, software and licenses.
  • Based on the operating system, the market has been classified into windows, Linux and Unix, and others.
  • On the basis of the deployment type, the market has been bifurcated into on-premises and hosted.
  • Based on the end-user, the market has been segmented into small and medium, and large organizations.
  • On the basis of the application, the market has been divided into aerospace and defense, academic and research institutes, BFSI, gaming, and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).
  • The competitive landscape of the market has been analyzed with the detailed profiles of the key players operating in the market. Some of these players include Hewlett Packard Enterprise Company, IBM Corporation, Fujitsu Limited, Microsoft Corporation, NEC Corporation, Oracle Corporation, Red Hat, Inc., Broadcom, Inc., and VMware, Inc.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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