Global High Performance Computing Market, By Components (Solutions, Services), Deployment Type (On-Premises, On Cloud), Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), Server Price Band (USD 250,000 to 500,000 and Above, USD 250,000 to 100,000 and Below), Application (Government and Defense, BFSI, Education and Research, Manufacturing, Media and entertainment, Healthcare and Life Sciences, Energy and Utilities, Earth Sciences, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global High Performance Computing Market
The high performance computing market is expected to witness market growth at a rate of 6.40% in the forecast period of 2021 to 2028. Data Bridge Market Research report on high performance computing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of high performance computing market.
High-performance computing refers to the use of parallel processing in order to run advanced application programs reliably, quickly and efficiently. It is basically a practice to cumulative computing power that delivers high performance capabilities in management of a large number of problems in business, engineering fields and science.
The increase in demand for HPC in genomics research across the globe acts as one of the major factors driving the growth of high performance computing market. The increase in need for efficient computing, enhanced scalability, and reliable storage, and growing need for continued diversification, expansion of the IT industry, high-efficiency computing and advances in virtualization, accelerate the market growth. The rise in the adoption of high performance computing owning to its ability of HPC systems to process large volumes of data at higher speeds and high usage in various sectors further influence the market. Additionally, easy access to the high speed internet services, increase in demand for HPC in genomics research and high need for high-speed data processing with accuracy positively affect the high performance computing market. Furthermore, increase in focus on hybrid HPC solutions and advent of exascale computing to maximize the benefits of HPC extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, high entry-level cost for commercial HPC clusters and data security concerns are expected to obstruct the market growth. Requirement of advanced frameworks for enhancing fault tolerance and ensure resiliency and difficulties in in cooling HPC systems are projected to challenge the high performance computing market in the forecast period of 2021-2028.
This high performance computing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on high performance computing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High Performance Computing Market Scope and Market Size
The high performance computing market is segmented on the basis of components, deployment type, organization size, service price brand and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of components, the high performance computing market is segmented into solutions and services. Solutions are further segmented into servers, storage, networking devices and software. Services are further segmented into design and consulting, integration and deployment and support and maintenance, and management.
- On the basis of deployment type, the high performance computing market is segmented into on-premises and on cloud.
- On the basis of organization Size, the high performance computing market is segmented into small and medium-sized enterprises (SMEs) and large enterprises.
- On the basis of Server Price Band, the high performance computing market is segmented into USD 250,000 to 500,000 and above, and USD 250,000 to 100,000 and below.
- On the basis of application, the high performance computing market is segmented into government and defense, BFSI, education and research, manufacturing, media and entertainment, healthcare and life sciences, energy and utilities, earth sciences and others.
Global High Performance Computing Market Country Level Analysis
The high performance computing market is analyzed and market size, volume information is provided by country, components, deployment type, organization size, service price brand and application as referenced above.
The countries covered in the high performance computing market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominate the high performance computing market due to the adoption of simulation and CAD software, along with HPC systems in the manufacturing industry. Asia-Pacific is expected to witness highest growth during the forecast period of 2021 to 2028 because of the rapid economic growth in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Performance Computing Market Share Analysis
The high performance computing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high performance computing market.
The major players covered in the high performance computing market report are IBM Corporation, Amazon Web Services, Inc., Microsoft, Hewlett Packard Enterprise Development LP, IDG Communications, Inc., Sabalcore Computing, Inc., Google LLC, Penguin Computing, Adaptive Computing., Nimbix, Inc., The UberCloud, Dell Inc., Cisco Systems Inc, Hitachi, Ltd., Advanced Micro Devices, Inc, Atos SE, NVIDIA Corporation, Rescale, Inc., Hadean Supercomputing Ltd., amd sSuper Micro Computer, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.