The “High Performance Computing (HPC) Market” 2023-2031 Research Report affords qualitative and quantitative insights into the principal drivers, constraints, opportunities, and challenges influencing world markets growth. The find out about offers complete statistical market records on the leading players, as nicely as income predictions. This market lookup additionally presents statistics on the income boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected period. The High Performance Computing (HPC) Market Report covers potential improvement drivers as properly as the modern-day kingdom of market share, penetration of a number of kinds, technologies, applications, and areas thru 2031.
The global High-Performance Computing (HPC) market size was US$ 38.0 billion in 2021. The global High-Performance Computing (HPC) market is forecast to grow to US$ 57.9 billion by 2030 by growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.
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High-Performance Computer (HPC) integrates computing resources to perform High-Performance capabilities. HPC systems include a range of servers and microservers utilized for highly computational or data-intensive tasks.
Factors Influencing the Market
The growing demand for incorporating machine learning to gain a brand advantage, especially in public-centric services, will drive the global High-Performance Computing (HPC) market forward. In addition, the rising adoption of autonomous vehicles will benefit the global High-Performance Computing (HPC) market.
Growing advancements in the High-Performance Computing (HPC) market will drive the overall industry forward. For instance, Intel launched Cascade Lake Advanced Performance (AP), a 48-core Xeon variant, in 2018. The solution was designed for the most demanding high-performance computing (HPC), artificial intelligence (AI), and infrastructure-as-a-service (IaaS) workload. Thus, such advancements will boost the growth of the global High-Performance Computing (HPC) market.
The increasing demand for high-efficiency computing across various industrial verticals, such as research, finance, medical, geological exploration and analysis, government and defense, etc., will fuel the growth of the global High-Performance Computing (HPC) market.
The growing adoption of cloud computing, together with growing initiatives by governments aiming at digitalization, will escalate the growth of the global High-Performance Computing (HPC) market.
COVID-19 Impact Analysis
HPC is widely used for monitoring and mitigating the effects of climate change and producing safer and greener vehicles. Supercomputers were actively involved in the healthcare sector, which has been beneficial for the global High-Performance Computing (HPC) market even during the pandemic.
Regional Analysis
The Asia-Pacific High-Performance Computing (HPC) market is forecast to emerge as the largest market. India and China are forecast to hold dominance in the cloud HPC market due to the growing contribution of governments. For instance, the “National AI Development Plan” was introduced in China in July 2017. Through this program, the government is expected to invest nearly US$ 22.15 billion in artificial intelligence research by 2020 and US$ 59.07 billion by 2025. Such initiatives are forecast to benefit the Asia-Pacific High-Performance Computing (HPC) market during the forecast period. In addition, the rising awareness about the cost-effective benefits of cloud HPC over conventional HPC will escalate the growth of the High-Performance Computing (HPC) market during the analysis period.
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Competitors in the Market,Advanced Micro Devices Inc., Hewlett Packard Enterprise, Intel Corporation, International Business Machines (IBM) Corporation, NEC Corporation, Sugon Information Industry Co. Ltd, Microsoft Corporation, Dell Technologies Inc., Dassault Systemes SE, Lenovo Group Ltd., Amazon Web Series, NVIDIA Corporation, Other Prominent Players
Market Segmentation
The global High-Performance Computing (HPC) market segmentation focuses on Deployment, Organization, Component, Application, and Region.
By Deployment Type
- Cloud-Based
- Web-Based
By Organization Size
- SMEs
- Large Enterprises
By Component
- Hardware
- Solution
- Services
By Application
- Ultra-Wideband Technology
- Bluetooth
- Wi-Fi
- Others
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By Regional Outlook
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
What are the key findings of the report?
?This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
?The report offers the current state of the market and future prospects for various geographical regions.
?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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