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 market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the High-Performance Computing (HPC) market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.
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Key Players operating in the industry are:
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
Radical Features of the High-Performance Computing (HPC) Market Report:
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- The report encompasses High-Performance Computing (HPC) market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the High-Performance Computing (HPC) industry
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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
Regional Analysis Covers:
- 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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