Grid Computing Market Research Report – Forecast to 2030

Global Grid Computing Market Research Report, By Components (Hardware, Software), Graphics Type (Discrete Graphics, Integrated Graphics), by End User (IT & telecom, Consumer Electronics), by Application (Utility computing, Datacenter) — Forecast till 2030

ID: MRFR/ICT/0806-HCR | December 2022 | Region: Global | 110 pages

Impact of COVID-19 on the Global Grid Computing Market

Grid computing is a computer network in which each computer’s resources are shared with every other computer in the system. Grid computing systems are a collection of computers with similar functionalities, working on the same operating system. The world is struggling with the effects of the COVID-19 outbreak. Scientists and other healthcare professionals are working consistently towards producing a vaccine to fight the virus. Researchers are increasingly using grid computing technology while connecting the unused processing power of personal computing systems such as laptops, desktops, gaming consoles, and so on across the globe. These systems, when connected, form a large computing system resembling a supercomputer. Over 35 business organizations are working in coordination with educational institutes to discover a vaccine for the Sars-CoV-2, which causes COVID-19 and building a solid knowledge base regarding the virus. Folding@home is a research project, connecting 700,000 personal computing systems in a network located remotely and spread across the globe.

However, even if the need for grid computing is in demand from the healthcare sector for the R & D of the vaccine, the grid computing market has been impacted negatively due to the fall in demand from industries facing lockdown restrictions. However, the rising adoption of the work-from-home policy is expected to sustain the growth of the grid computing market.

Grid Computing Market