(MENAFN- IMARC Group) According to the latest report by IMARC Group, titled “Clustering Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global clustering software market reached a value of around US$ 3 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.7% during 2021-2026. Clustering software stands for several software-based applications that connect, coordinate, and manage multiple distributed servers. Upon installation, servers can collectively perform computing and administrative tasks, such as load balancing, determining node failures, assigning failover duties, etc. Clustering software also divides complex software into smaller, easily manageable subsystems and allows efficient data management over large networks to provide fault-tolerant responses. As a result, it finds extensive applications across numerous industries, such as telecom, aerospace, academics, life sciences, defense, etc.
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.
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Market Trends and Drivers:
The expanding information technology (IT) sector and the rising adoption of cloud computing systems by various organizations are primarily driving the clustering software market. Enterprises are utilizing complex operating systems and software applications combined with clustering software to manage the workload virtually and process information to perform tasks effectively. Moreover, the escalating product demand from small and medium-sized enterprises (SMEs) and increasing organizational dependence on unified IT infrastructure are propelling the global market. Apart from this, the rising adoption of virtualized environments as a preventive measure against losses due to downtime and the growing investments in cloud deployments are catalyzing the product demand. Additionally, the elevating levels of urbanization, continuous technological advancements, and extensive research and development (R&D) activities will continue to propel the clustering software market over the forecasted period.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
HP
IBM
Fujitsu
Microsoft Incorporation
NEC Corp.
Oracle
Red Hat
Silicon Graphics International
Symantec
VMware
Breakup by Solution:
System Management
Parallel Environment
Workload Management
Others
Breakup by Component:
Professional Services
Software
Licenses
Breakup by Operating System:
Windows
Linux and Unix
Others
Breakup by Deployment Type:
On-premises
Hosted
Breakup by End-User:
Small & Medium Organizations
Large Organizations
Breakup by Application:
Aerospace and Defense
Academic and Research Institutes
BFSI
Gaming
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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