San Francisco, 23 January, High
Performance Computing (HPC) Market Size, Share & Trends Analysis Report By
Component (Servers, Storage), By Deployment, By End Use (Gaming, Government
& Defense), And Segment Forecasts, 2018 – 2025.
The global high performance computing (HPC) market size is expected to reach USD 59.65 billion by
2025, according to a study conducted by Grand View Research, Inc. It is
anticipated to expand at a CAGR of 7.2% over the forecast period. High
performance computing can be categorized into High Performance Technical
Computing (HPTC) and High Performance Business Computing (HPBC). HPTC is widely
used in fields like science and engineering. It is particularly used by
government and defense agencies, educational and research institutions, and
incumbents of manufacturing industry, among others. On the other hand, HPBC is
suitable for applications, such as gaming and fraud detection. Logistics
companies and providers of financial services, among others, also opt for HPBC.
The rising popularity among manufacturing companies, government departments,
and defense agencies is particularly driving growth of the HPC market.
High performance computing
envisages a cluster of computers that can run long algorithms and solve complex
problems and equations at speeds and accuracies higher than those offered by
the conventional computing. Previously, HPC was used only by the navigation and
aerospace industries. However, diversification of the IT industry, growing
adoption of cloud computing, continuous developments in artificial intelligence,
and the rising need for business analytics are prompting various end-use
industries to adopt HPC.
Data centers particularly
require an architecture capable of processing large volumes of data. HPC
components can ensure adequate computing power for such data centers. Various
other organizations also adopt HPC to process their data at higher speeds and
accuracies and to simplify their complex business procedures. Research and
academic institutions have also started adopting high performance computing
systems to ensure the computational efficiency required during the initial
stages of research.
The high computational
capabilities offered by HPC systems have paved the way to execute high-end
research projects previously deemed impossible. As such, HPC systems can be
helpful in several fields, including computational biology, genetics, medicine,
structural analysis, geophysics statistics, electromagnetism, nuclear physics,
astrophysics, and mathematical modeling, among others. Similarly, the high efficiency
offered by high performance computing can help researchers in undertaking
research activities in various fields, such as deep neural networks, human
genome mapping and modeling, and artificial intelligence, among others.
Vendors of high performance computing
are increasingly focusing on delivering enhanced solutions that can cater to
various requirements. These solutions may include basic configurations and
management tools that are easy to deploy and are capable of adapting to the
changing workloads. Although the application portfolio of high performance
computing is growing continuously; the looming lack of awareness, budget
constraints at small- and medium-sized enterprises, and concerns over data
security are some of the factors hindering growth of the high performance
computing market.
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Report On High Performance Computing (HPC) Market Analysis:
Further key findings from the study suggest:
·
The on-premise segment held the
largest market share in 2017. However, the cloud segment is expected to expand
at the highest CAGR of over 8.0% over the forecast period owing to the
benefits, such as cost-effectiveness, scalability, ease of deployment, and
stronger security associated with cloud deployment
·
The government and defense
segment held the largest market share in 2017 and is also expected register the
highest CAGR over the forecast period. This growth can be attributed to rising
adoption of HPC in surveillance, aircraft simulation, and encryption and
decryption of confidential information
·
North America is anticipated to
witness a significant growth over the forecast period. New supercomputing
facilities are coming up in the region in line with the advances in technology,
which bodes well for the regional market growth. U.S. is home to the top-5
supercomputers and the U.S. HPC market held the largest market share of over
60% in 2017 and is expected to lead the regional growth over the forecast
period
·
The high performance computing
market is highly consolidated and competitive. Atos SE; Advanced Micro Devices,
Inc. (AMD); Cray Research, Inc.; Dell Technologies, Inc.; and Cisco Systems,
Inc. are some of the leading market players
·
Key industry players are
striking partnerships and collaborating with each other as part of their
efforts to strengthen their market position. For instance, in September 2017,
Cray Research Inc. entered into a strategic partnership with Seagate. The
partnership envisages the former procuring drives, containers, controllers, and
other components related to the high performance computing technology from the
latter.
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Grand View Research At: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View Research has segmented the
global high performance computing market based on component, deployment, end
use, and region:
High Performance Computing
(HPC) Component Outlook (Revenue, USD Million, 2014 - 2025)
·
Servers
·
Storage
·
Networking Devices
·
Software
·
Services
·
Cloud
·
Others
High Performance Computing
(HPC) Deployment Outlook (Revenue, USD Million, 2014 - 2025)
·
On-premise
·
Cloud
High Performance Computing
(HPC) End Use Outlook (Revenue, USD Million, 2014 - 2025)
·
Banking, Financial Services,
and Insurance (BFSI)
·
Gaming
·
Media & Entertainment
·
Retail
·
Transportation
·
Government & Defense
·
Education & Research
·
Manufacturing
·
Healthcare & Bioscience
·
Others
High Performance Computing (HPC) Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
o
Singapore
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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