High Performance Computing (HPC) Market Research Report

 

High Performance Computing (HPC) Market:

As per the GMI Research's latest analysis, the Global High Performance Computing (HPC) Market reveals that the market is slated to register a significant CAGR over the forecast period. This is mainly attributed to the growing requirement for high-efficiency computing and constant diversification across sectors, developments in virtualization, increasing IT industry, and rising preference for hybrid high-performance computing (HPC) solutions.

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High Performance Computing (HPC) Market’s leading Manufacturers:

·        Atos SE

·        Advanced Micro Devices, Inc

·        Dell Inc.

·        Cisco

·        HP Development Company, L.P.

·        FUJITSU

·        IBM

·        Intel Corporation

·        Microsoft Oracle

High Performance Computing (HPC) Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The growing requirement for high-efficiency computing and constant diversification across sectors, developments in virtualization, increasing IT industry, and rising preference for hybrid high-performance computing (HPC) solutions are the major factors responsible for the growth of high performance computing (HPC) market size. Additionally, HPC systems can process huge volumes of data, which is promoting defense agencies, energy companies, government agencies, utilities, and academic institutions to install high-performance computing systems. HPC systems contain several advantages, such as the capability to calculate complex algorithms and surged computational power. All these factors are expected to propel the growth of the global high-performance computing (HPC) market.

With the outbreak of the COVID-19 pandemic, the demand for digital workplace services and tools has increased due to the shutdown of colleges, schools, offices, and physical retail stores. Moreover, the majority of the individuals prefer working from home instead of working in offices. These drivers are stimulating the growth of the high-performance computing (HPC) market.

Component Segment Drivers

Based on the component, the servers are expected to rise at a faster CAGR in the upcoming years due to the growing number of data centers as various mid-size organizations are in the process of investing in on-premises and colocation infrastructure to fuel the demand for public cloud services. Furthermore, the strong presence of major HPC servers manufacturing enterprises like Fujitsu Limited, Dell, Inc., IBM Corporation, and Lenovo, will further support the growth of the market.

Regional Drivers

Based on the region, the Asia-Pacific is anticipated to rise at a faster CAGR in the coming years due to the strong adoption of HPC systems by government & defense, and manufacturing sectors. Additionally, it is largely adopted for weather forecasting and scientific research. Moreover, China is among the major ten nations that are boosting the demand for the high-performance computing market. Furthermore, China is home to supercomputers, including Tianhe-2 (Milkyway-2) and Sunway TaihuLight. Tianhe-2 (Milkyway-2) was formed by the National University of Defense Technology of China and favored by the government of Guangzhou city and the government of Guangdong province. These factors are energizing the growth of the high-performance computing (HPC) market in Asia-Pacific.

High Performance Computing (HPC) Market Segmentation:

Segmentation by Component:

·        Servers

·        Storage

·        Networking Devices

·        Software

·        Services

·        Others

Segmentation by Deployment:

·        On-Premises

·        Cloud

Segmentation by End-Use:

·        BFSI

·        Media & Entertainment

·        Retail

·        Transportation

·        Government & Defense

·        Education & Research

·        Manufacturing

·        Healthcare & Bioscience

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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