Global Clustering Software Market to Reach $3.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Clustering Software estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$3.5 Billion by 2027, growing at a CAGR of 4.5% over the period 2020-2027.
The U.S. Market is Estimated at $748.2 Million, While China is Forecast to Grow at 4.2% CAGR
The Clustering Software market in the U.S. is estimated at US$748.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$611.2 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.We bring years of research experience to this 8th edition of our report. The 106-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Fujitsu Ltd.
- Hewlett-Packard Development Company LP
- IBM Corporation
- Microsoft Corporation
- NEC Corporation
- Oracle Corporation
- Red Hat, Inc.
- Silicon Graphics International Corporation
- Symantec Corporation
- Vmware, Inc.