Growing demand for high-speed data processing with precision and growing focus on high-performance computing hybrid solutions are some key factors driving global high-performance computing market revenue growth
Global high-performance computing (HPC) market size reached USD 41.07 Billion in 2020 and is expected to register a CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for high-speed data processing with precision is expected to drive global high-performance computing (HPC) market revenue growth to a significant extent over the forecast period. Increasing focus on high-performance computing hybrid solutions is expected to further propel revenue growth of the global high-performance computing market going ahead. Rising investments in Industrial Internet of Things (IIoT) is also expected to boost global high-performance computing market growth in future.
The latest market intelligence report, titled ‘Global High-Performance Computing Market’, is intended to provide the target audience with the necessary information about the global High-Performance Computing industry.
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In terms of market share, the healthcare segment is expected to lead during the forecast period due to rising implementation of high-performance computing in healthcare applications for data management, simulation, next-generation sequencing, and modeling.
Increasing adoption of High-Performance Computing (HPC) across various industries in countries in North America is driving regional market growth, which is expected to account for largest revenue share over the forecast period.
Key players in the market include International Business Machines Corporation, Advanced Micro Devices, Inc., Hewlett Packard Enterprise, Intel Corporation, Lenovo Group Limited, Dell Inc., Atos SE, Cisco Systems, Inc., Nvidia Corporation, and Amazon Web Services.
The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the High-Performance Computing market players.
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The research study presents an industry-wide summary of the High-Performance Computing market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The High-Performance Computing7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The High-Performance Computing market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
Emergen Research has segmented the global high-performance computing market on the basis of component, deployment, application, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Application Outlook (Revenue, USD Billion; 2018–2028)
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The High-Performance Computing industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- 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)
Key Questions Answered in the Report:
- What is the growth rate of the High-Performance Computing market? What is the anticipated market valuation of the High-Performance Computing industry by 2027?
- What are the key growth driving and restraining factors of the High-Performance Computing market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the High-Performance Computing industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content High-Performance Computing market”:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. High Performance Computing (HPC) Market Segmentation & Impact Analysis
4.1. High Performance Computing (HPC) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Growing demand for high-speed data processing with precision
184.108.40.206. Growing need to streamline business processes
220.127.116.11. Rising prominence of cloud computing coupled with digitization
18.104.22.168. Growing focus on high performance computing hybrid solutions
4.2.3. Market restraints analysis
22.214.171.124. High capital expenditure and operating cost associated with high performance computing
126.96.36.199. Lack of awareness among SMEs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. High Performance Computing (HPC) Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021–2028
Chapter 6. High Performance Computing (HPC) Market By Deployment Insights & Trends, Revenue (USD Billion)
6.1. Deployment Dynamics & Market Share, 2021–2028
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