High Performance Computing Comprehensive Study.

About High Performance Computing

High performance computing consist of cluster of computers that can run long algorithms and solve out complex problems and equation at an accuracies and speeds which is higher than the conventional computing. High performance computing market is expected to mark significant growth over forecasted period owing to increasing consumers spending on government and defense agencies, educational and research institutions, and incumbents of manufacturing industry, among others and technological advancement. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the IT Sector.

AttributesDetailsStudy Period2018-2030Base Year2023High Growth MarketAsia PacificUnitValue (USD Billion)CAGR7.23%

The HPC market is expected to continue to grow steadily in the coming years, driven by the increasing demand for computational power across various industries and the continuous development of innovative solutions. Staying up-to-date on the latest trends and developments is crucial for companies to succeed in this competitive and rapidly evolving landscape. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global High Performance Computing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.AMD (United States), Atos (France), AWS (United States), Cisco Systems (United States), Cray (United States), DDN (United States), Dell (United States), Fujitsu (Japan), Hitachi Vantara (United States), HPE (United States) and Huawei (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are IBM (United States), Inspur (China), Intel (United States), Lenovo (United States), Microsoft (United States), NEC (Japan) and NetApp (United States).

Segmentation Overview

AMA Research has segmented the market of Global High Performance Computing market by Type (Hardware and Architecture {Memory Capacity, Energy Management ,Server, Network Devices}, Software and system Management {Middle ware, Programming Tools, Performance Optimization Tools, Cluster Management, Fabric Management} and Professional Services {Design and Consulting , Integration and Deployment, Training and Outsourcing}), Application (High Performance Technical Computing {Government, Chemical, Bio-Science, University /Academic Large Product Manufacturing, Others} and High Performance Business Computing {Retail, Financial Service, Ultra scale Internet, Transportation, Others}) and Region.On the basis of geography, the market of High Performance Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the High Performance Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small and Medium-Sized Enterprises will boost the High Performance Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:

Increasing Demand at Large Scale Industries

Market Growth Drivers:

Increase Demand of Efficient Computing, Enhanced Scalability, and Reliable Storage Boost the Market and Rapid Adoption of HPC in the Cloud Fuelled up the High-Performance Computing Market

Challenges:

Limitation on Government Regulation are Anticipated to Challenge the Market and Lack of Knowledge limited Budget Fluctuate among the Small and Medium Scale Enterprises

Restraints:

Data Security Risk Hampers the High-Performance Computing Market and Fluctuation in CAPEX and OPEX Restrain the Market

Opportunities:

The proliferation of High-Speed Data with Accuracy and Speed Leads to Grow the Market and Upsurge Demand of High-Speed Hybrid HPC Solutions

Market Leaders and their expansionary development strategies

In December 2023,Women in High Performance Computing (WHPC), in collaboration with Alces Flight, has announced the ‘Move the Needle’ project, a initiative aimed at fostering workplace inclusivity in the High Performance Computing industry. The project, a year-long event, is dedicated to tracking actions and fostering accountability in the realm of diversity and inclusion within supercomputing.In February 2024, The EuroHPC JU, a European high-performance computing entity, has launched a call to strengthen cooperation with India in High-Performance Computing (HPC). The initiative aims to boost the co-development of applications, facilitate exchanges of researchers and engineers, and improve the sharing of information and expertise to solve societal problems.

Key Target Audience

High Performance Computing Manufacturers, High Performance Computing Traders, End-Use Market Participants of Different Segments of High Performance Computing, Government and Research Organizations, R&D Institutions and Others

About Approach

To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.https://www.advancemarketanalytics.com/sample-report/120-global-high-performance-computing-market-1?industry=cloud-computing?utm_source=LinkedIn&utm_medium=Hrushikesh