High Performance Computing (HPC) Market Growing at 5% CAGR During 2016 to 2022

Market Research Future published a Cooked research report on “High Performance Computing (HPC) Market Research Report”–Analysis, Scope, Progress, Trends and Forecast to 2022.


Pune, India -- (SBWire) -- 10/11/2017 --High Performance Computing (HPC) Market - Overview:

The global High Performance Computing Market is expected to grow at approximately USD 33 Billion by 2022, at a CAGR of approx. 5% between 2016 and 2022. The advancement in technology across several domains is leading to the emergence of high performance computing market. The vertical of high performance computing is growing at a rapid rate. High performance computing techniques is mainly used in myriad defense and aerospace verticals.

High-performance computing (HPC) refers to the use of great computers and parallel processing techniques to solve difficult computational problems. HPC technology emphases on creating parallel processing algorithms and systems by combining both administration and parallel computational techniques. Solving innovative problems and performing research activities through computer modeling, simulation and investigation are the major uses of HPC.

The high-performance computing currently is playing a role in training and simulation, on-board systems for navigation, defense, and attack; and command, control, communications, intelligence, computers, surveillance, and reconnaissance. High Performance Computing are specially designed to take advantage of the parallel nature of high-performance computational computing systems. It is designed algorithmically to take advantage of high-performance architecture, these applications can be run on your compute cluster with only minor customization. Some of these software packages will benefit from conventional collection, but most are commercial releases and don't allow their source code to be distributed.

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HPC resolutions are driving developments in all industries, delivering the high-speed, high-density capabilities required to enhance oil and gas analysis, improve risk detection and examination, speed genome sequencing, fuel academic research, and much more. These technologies benefits organizations to increase compute performance and deliver valuable IT resources so they can emphasis on enlightening customer's satisfaction and pursuing business innovation.

Advancements in high performance computing, big data convergence, expansion of new implanted processors solutions, hot water cooling, and non-volatile memory development are some features likely to motivate the market growth over the forecasted period. Improved emphasis on safety and competitiveness has forced governments across the globe to assist enterprises in the acceptance of high performance computing. The market supplies to several verticals such as biotech, communications, and defense. High price works as a barrier in the growth of high performance computing market. Necessity of sophisticated power and cooling equipment joined with high cost of compute resources are the restraining factors in the growth of High Performance Computing Market.

High Performance Computing Market- Competitive Analysis:

Fujitsu Ltd: Fujitsu Japan and Fujitsu Taiwan Limited on June 28 2017 announced that they will create an innovative supercomputer system for Taiwan's National Center for High-performance Computing, National Applied Research Laboratories (NCHC) that will have the maximum performance in the country at the time it commences operations, scheduled for May 2018. The new system will serve as the core platform for research and development in Taiwan, fostering the development and growth of Taiwan's overall industries and economy.

Microsoft Corporation: High-performance computing (HPC) endures to gain in popularity as businesses face increasing pressure to process data faster and with superior precision. Microsoft Corp. and Novell Inc., working in concert with third parties, are now making it easier for IT executives to take advantage of the benefits of supercomputing with a technology initiative developed in their joint Interoperability Lab based in Cambridge, Mass. The initiative conveys value to the HPC Market by helping customers realize greater IT infrastructure efficiency and subsequent cost savings.

HPC Market Prominent Players:
- IBM Corporation (U.S.)
- Hewlett-Packard Company (U.S.)
- Intel Corporation (U.S.)
- Microsoft Corporation (U.S.)
- Cisco Systems, Inc. (U.S.)
- Advanced Micro Devices, Inc. (U.S.)
- Fujitsu Ltd (Japan)
- Oracle Corporation (U.S.)
- Dell Inc. (U.S.)
- Hitachi Data System Corporation (U.S.)

HPC Market Segmentation:
HPC Market by Component: Servers, Storage, Networking Devices and Software.
HPC Market by Deployment: Cloud, On-Premise.
HPC Market by Vertical: BFSI, IT and Telecommunication, Retail, Manufacturing, Healthcare, Energy & Utilities, Transportation and Others.

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High Performance Computing Market- Regional Analysis:

Geographical analysis of high performance computing market is being considered for region such as Asia-Pacific, North America, Europe and Rest of the World. North America is leading in the high-performance computing market followed by Europe. According to technological advancement in that region and early acceptance of technology by several industries has aided in the development of HPC market in North America. Europe HPC market follows next due to vast investments by big enterprises and small-scale enterprises in this region. Asia-Pacific is expected to witness maximum growth in high performance computing market as HPC servers is expected to gain maximum market share by the forecast period.

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