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Technavio’s market research analyst anticipates the global market for cloud CFD to grow at a CAGR of almost 11% by 2020. Recently, it has been noted that with the growth in cloud services, the demand for data centers has increased considerably. Computational fluid dynamics (CFD) is widely used for thermal modeling in data centers as it helps in identifying hot spots with lesser air flow and in analyzing the effectiveness of cooling in the data center racks by providing a 3-D analysis of cold air movement. Additionally, areas that obtain more cooling than required can be easily identified using CFD. Since CFD is beneficial for understanding the changes that result from the addition of new equipment, its demand among the end-users will rise significantly over the next few years.
The growth of R&D in aerospace and defense industry is a key trend impelling this market’s growth prospects over the next few years. Extensive market research carried out by the analysts at Technavio has shown that the aerospace and defense industry is the largest end-user of cloud CFD. One significant trend in the industry is the emergence of many SMEs. Though their revenues and sizes are lesser compared to larger companies such as Raytheon, Lockheed Martin, or Boeing, their achievements in the past two to three years has gained them an excellent position in the aerospace and defense industry.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: PLM market overview
PART 06: Role of PLM in product development
PART 07: Overview of CAE
PART 08: Market landscape
PART 09: Geographic segmentation
PART 10: Key leading countries
PART 11: Market segmentation by end-user
PART 12: Buying criteria
PART 13: Market drivers
PART 14: Market trends
PART 15: Market challenges
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
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