The global High Performance Computing (HPC) market size reached USD 42.00 Billion in 2021 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Increasing emphasis on hybrid HPC systems is one of the key factors driving market revenue growth. Enterprises are emphasizing hybrid HPC solutions due to increasing need for HPC solutions and technological advancements. Information Technology (IT) teams are working hard to find a balance between cloud and on-premises HPC solutions. On-premises HPC resources are being scaled out as needed by enterprises, and simultaneously, Cloud Service Providers (CSPs) are offering turn-key HPC solution settings geared to organizations’ unique workload demands. A hybrid HPC solution improves efficiency, and also addresses security and privacy concerns while lowering maintenance costs. Therefore, growing emphasis on hybrid HPC solutions is expected to provide significant opportunities for revenue growth of the global HPC market.
The Global High Performance Computing Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the High Performance Computing Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Key Points of High Performance Computing Market:
- Extensive coverage of the analysis of the High Performance Computing market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the High Performance Computing market
- Complete data about the key manufacturers and vendors in the High Performance Computing market
The report offers insightful information about the market dynamics of the High Performance Computing market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the High Performance Computing market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the High Performance Computing market.
Some major companies profiled in the market report include Advanced Micro Devices, Inc., Intel Corporation, Dell, Inc., Nvidia Corporation, Lenovo Group Limited, Cisco Systems Inc., International Business Machines Corporation, Hewlett Packard Enterprise, Atos SE, and Amazon Web Services, Inc.
Emergen Research has segmented the global High Performance Computing (HPC) market on the basis of component, deployment, application, and region:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Networking Device
- Design Consulting
- Integration Deployment
- Deployment Outlook (Revenue, USD Billion; 2019–2030)
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Media Entertainment
- Government Defense
- Education Research
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