High Performance Computing Market Projected to Reach $39.58 Billion at 6.40% CAGR Till 2023 | Top Key Players – AMD, NEC, Hewlett Packard Enterprise (HPE), Fujitsu, Intel, IBM, Microsoft

Marketprognosis.com Publish a New Market Research Report On “Global High Performance Computing Market - Growth, Trends, and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global High Performance Computing Market:

The Global High Performance Computing (HPC) Market was valued at USD 27.28 Billion in 2017 and is projected to reach a value of USD 39.58 Billion by 2023, at a CAGR of 6.40% over the forecast period, 2018-2023.

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HPC has become vital to various users across government sectors, enterprises, and scientific researchers, to generate and develop advanced products and services. There is an imminent need to develop sophisticated HPC systems, and deploy them throughout academic, industry, and government institutions, while also utilizing it to address social challenges, like health, public safety, weather forecasting, climate change, and environmental protection. These advancements in computing technology are providing various benefits, like faster computing capabilities, enhanced performance efficiency, and smarter operation & management. These factors are expected to enhance the growth of the market during the forecast period.

The fast-paced growth in the IT industry is expected to be the major driver for the high-performance computing market. The incorporation of IT services across diverse industry verticals is the major cause for this growth, where, apart from business operations, these services are also used for process optimization, data management, and analytics. These functionalities are becoming more complex with growing industry size and high consumer data generation, creating a huge demand for HPCs. Furthermore, information technology has emerged as an integral part of business operations across different industry verticals, further supplementing the market growth.

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Geographically, North America is one of the largest markets for technology-based solutions. It is also expected to be a strong player in the global economy, especially, in the development and implementation of new technologies. This implementation of new technologies is driven by the huge increase in raw data, and the need for security, thus, leading to the deployment of HPC systems. Moreover, both, large firms, such as General Motors, Procter & Gamble, and Boeing, and small and medium enterprises, such as L&L Products and Zipp, are deploying HPCs to solve technical challenges in several industries. Thus, using these insights to develop innovative products will help in providing first mover advantage in their markets.

Major Key Players:

1 Advanced Micro Devices, Inc. (AMD)

2 NEC Corporation

3 Hewlett Packard Enterprise (HPE)

4 Sugon Information Industry Co. Ltd

5 Fujitsu Ltd

6 Intel Corporation

7 IBM

8 Microsoft Corporation

9 DELL Technologies Inc. and More………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of High Performance Computing Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global High-performance Computing Market Segmentation

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Future of the High-performance Computing Market

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This release was published on openPR.