Global High Performance Computing Market Analysis, Trends and Insights 2017-2023
Summary - A new market study,
titled “Global High Performance Computing Market – Trends & Forecast,
2017-2023 ” has been featured on WiseGuyReports.
Introduction
The data generated from enterprises is gaining
pace and therefore it requires a high amount of mathematical calculation and
computational capabilities to deduce business decisions. High-performance
computing was earlier used for training and simulation, navigation systems, and
mostly in defense and aerospace. This scenario has seen a change in the recent
times as there is a huge demand from the industrial and government vertical.
These sectors are using the data to churn out specific insights helpful for
their organizations. The high-performance computing technology is emerging
prominently in government initiatives for national defense and security
requirements. High performance computing (HPC) is proving beneficial for
development and design of advanced vehicles, weapons, high-resolution image
processing, satellite mapping, and cryptographic analysis. This is one of the
reasons that is encouraging government authorities to invest in
high-performance computing.
As the quantity of data increases, the computational requirement
also increases, requiring a large processor capability, cooling solutions, RAM
management, and storage. In short, there is a requirement for supercomputers in
parallel computing. The high-performance computing can also be termed as the
combination of computer architecture, programs, and electronics, algorithms,
and application software to solve high-level business quotations.
High-performance computing works on a network or a series of central processing
units that are itself bound by hundreds and thousands of computational cores.
These cores are capable of executing a number of high-performance software and
programs. A supercomputer, in general, can carry up to over 100,000 cores. Due
to the need for complex application management, billions and trillions data
bits are processed every second.
The global high-performance computing market on the basis of component is
segmented into server, storage, networking devices, and software. All of the
components have an equal contribution towards high-performance computing. The
servers and networking components are essential to determine the workload
capacity, process distribution, and IP connectivity. Software is essential to
provide a feasible, faster, and reliable work interface.
The global high-performance computing market had been valued at USD 31.20
billion in the year 2017, which is expected to reach USD 50.50 billion by the
end of the forecast period growing at ~8.35% CAGR.
Key Players
The key players of high-performance computing market include IBM Corporation,
Hewlett Packard Enterprise Company, Intel Corporation, Microsoft Corporation,
Cisco Systems, Inc., Advanced Micro Devices, Inc., Fujitsu Ltd, Oracle
Corporation, Dell, Inc. and Hitachi Ltd (Hitachi Data Systems, Inc.).
Global High-Performance Computing Market Analysis &
Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure along with forecast for
the next ten years of the various segments and sub-segments included in global
high-performance computing market with analysis of its development and demand
in the market
• Upcoming technologies, high growth geographies, and countries were identified
• Regional and country-specific demand and forecast for high-performance
computing were studied
• Key segments covered in the report are: Component, Deployment, and Verticals
• The unit breakdown for all different classification was finalized, and same
was referred for forecasting, keeping few assumptions into factor
• For all the regions, forecast demand for all applications was identified and
then with historical figures, data collected through primary and annual reports
were triangulated to derive the regional market size
• Historical trends are identified to forecast and estimate the future value
data
Target Audience
• HPC vendors
• System integrators
• Consultancy and advisory firms
• End-Users
• Data integration service providers
• Managed service providers
• Enterprise customers
Key Findings
• The global high-performance computing market is expected to reach USD 50.50
Billion by 2023.
• By component, server in high-performance computing accounts for the largest
market share and is growing with approximately ~8.12% CAGR during the forecast
period.
• By deployment, on-premise sub-segment holds the largest market, growing with
approximately 7.46% CAGR by the end of the forecast period.
• Geographically, North America region has been projected to have the largest
market share in global high-performance computing market followed by Europe,
while Asia-Pacific region has been projected to show positive growth in the
high-performance computing market.
Regional and Country Analysis of High Performance Computing Market Estimation
and Forecast
Global high-performance computing market, by region, was led by North America
in 2017. The technological advancements, and developing supercomputing
facilities are expected to drive the market in North America in the coming
years. The US is leading the market whereas Canada is expected to witness a
high growth rate in the coming future. Asia-Pacific is considered to be the
fastest growing market for high-performance computing due to increasing
adoption of HPC for weather forecasting and research activities. However, the
rest of the world is growing with a steady growth rate during the forecast
period 2017–2023.
The reports also cover country-level analysis:
• North America
o US
o Canada
o Mexico
o Others
• Europe
o Germany
o UK
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3403732-global-high-performance-computing-market-trends-forecast-2017-2023
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