High-Performance Computing (HPC) Market Size, Opportunities, Key Growth Factors, Revenue Analysis
- chhaya chavan
- Jul 17, 2023
- 3 min read
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.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current High-Performance Computing (HPC) business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the High-Performance Computing (HPC) market growth assessed on both regional and global levels.
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Key companies operating in the High-Performance Computing (HPC) market 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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global High-Performance Computing (HPC) market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global High-Performance Computing (HPC) Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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High-Performance Computing (HPC) Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019–2030)
Solution
Servers
Storage
Networking Device
Software
Services
Design & Consulting
Integration & Deployment
Deployment Outlook (Revenue, USD Billion; 2019–2030)
Cloud-Based
On-Premises
Application Outlook (Revenue, USD Billion; 2019–2030)
Media & Entertainment
Government & Defense
Education & Research
Healthcare
Manufacturing
Gaming
Transportation
Retail
Others
High-Performance Computing (HPC) Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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