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Adoption in academic institutions favors the Global High-Performance Computing Market

Global High Performance Computing Market Analysis and Forecast to 2022 | Growth Opportunity Assessment
Liam Jacob | 17.09.2018
© Liam Jacob
Global High-Performance Computing Market Overview:

High Performance Computing (HPC) is a practice to aggregate computing power that delivers high performance capabilities in handling large number problems in science, business or engineering fields. HPC systems involve all types of servers and micro-servers that are being used for highly computational or data intensive tasks. Currently, as HPC has been firmly linked to the economic competitiveness and scientific advances, it is becoming important to all the nations. The worldwide study showcases, 97% of the companies have adopted supercomputing platforms and says that they won’t survive without it. The Global High-Performance Computing (HPC) Market was worth USD 28.08 Billion in 2015 and expected to grow at a CAGR of 5.45%, to attain USD 36.62 Billion by 2020.

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Drivers and Restraints:

Faster computing capabilities of micro-servers or HPC systems, improved performance efficiency and smarter deployment, and management with high quality of service are some key factors driving the growth of HPC market. The major challenges for these HPC systems are power, cooling system management, and storage and data management. The importance of storage and data management would continue to grow in future. In additions to this, software hurdles continue to grow, which are restraining the growth of HPC market. HPC technology is being rapidly adopted by the academic institutions and various industries to build reliable and robust products that would enable to maintain a competitive edge in the business. Various vendors are also targeting to provide high performance converged technology solutions. As this trend is gaining significant relevance, the market is growing steadily and it would continue its growth in future.

Geographic Segmentation:

Geographically, the global market can be partitioned into regions like North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. North America is the largest market for Global High-Performance Computing Market, followed by Europe. A portion of the significant players in the Market are incorporate Cisco framework, Inc. (U.S.), Red Cap, Inc. (U.S.), IBM Organization (U.S.), NetApp (US), NVIDIA (US), Oracle (US), Panasas (US), Penguin Computing (US), Spectra Logic (US), Sugon (China), Xilinx (US), Hewlett-Packard Venture (U.S.), Microsoft Company (U.S.), Cray Inc. (U.S.), Intel Partnership (U.S.), Juniper Systems (U.S.), and ATOS SE (France).

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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