The most recent study conducted by Report Ocean, titled “Global High Performance Computing (HPC) Chipset Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the High Performance Computing (HPC) Chipset. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global High Performance Computing (HPC) Chipset Market is valued approximately USD 4.30billion in 2019 and is anticipated to grow with a healthy growth rate of more than 19.1 % over the forecast period 2020-2027. High performance computing (HPC) has the ability to process massive datasets at high speeds and perform complicated calculations. Typically, it refers to the practice of aggregating computing resources in a way that offers much higher efficiency to solve major scientific, engineering, or business problems than traditional desktop computers or workstations. Further, empowering high performance computing in the cloud sector is the most prominent factor driving growth in the HPC chipset industry. At a fair cost, the Cloud provides immediately open and flexible computing power and virtually limitless storage.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
In areas such as aerodynamics, physics or pharmaceuticals, government programs, and the need for scalable computing resources, the use of HPC in the cloud helps to improve performance, monitor costs, speed up results and run complex simulations against large datasets. Continuous performance and operation of HPC clusters requires HPC computing. Thus, HPC services provide users with complete control over the computing infrastructure, such as analysis software and operating systems. Furthermore, scalable computing meets the increasing demand for networked cloud infrastructure services from single providers of communication and IT services from multinational corporations.
Flexible computing offers a flexible and versatile service for fast and easy provisioning of resources that can scale up and down to meet fluctuating demand and dynamic business growth for Global High Performance Computing (HPC) Chipset Market. However, high cost for setting and maintaining HPCs impedes the growth of the market over the forecast period of 2020-2027. Also, the growing emphasis on hybrid HPC infrastructure is expected to provide the industry with lucrative opportunities.
The regional analysis of global High Performance Computing (HPC) Chipset market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North American is the leading/significant region across the world in terms of market share owing to the North American HPC market is already ripe for HPC, with a large number of new HPC installations and enhancements to existing data center infrastructure systems to date. The United States (US) currently holds the largest share of the HPC market as it is home to major telecommunications giants, well-established manufacturers, and end-user industries that are continually adapting to emerging technology to boost business competitiveness and work efficiency.
Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income and increasing demand for High Performance Computing Chipset would create lucrative growth prospects for the High Performance Computing (HPC) Chipset market across Asia-Pacific region.
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Major market player included in this report are:
Advanced Micro Devices (AMD)
IBM
Hewlett Packard Enterprise (HPE)
Intel Corporation
NVIDIA Corporation
Alphabet
Achronix Semiconductor
Cisco System
MediaTek Inc.
Lattice Semiconductor Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Chip Type:
Central processing unit
Graphics processing unit
Field Programmable Gate Arrays
Application-specific integrated circuit
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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