Press release
High-performance Computing (HPC) Market 2022 Precise Outlook - Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise
The High-performance Computing (HPC) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The high-performance computing market is expected to witness a CAGR of 6.13% over the forecast period from 2021 - 2026.
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Top Leading Companies of High-performance Computing (HPC) Market are Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise, Sugon Information Industry Co. Ltd, Fujistu Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Dell Technologies Inc., Dassault Systemes SE, and others.
Industry News and Updates
June 2020 - AMD announced multiple new high-performance computing wins for AMD EPYC processors, including that AMD now powers the seventh fastest supercomputer in the world and four of the 50 highest-performance systems on the bi-annual TOP500 list. Momentum for AMD EPYC processors in health research and advanced science continues to rise with the latest installations at Purdue University, Indiana University, and CERN, and high-performance computing (HPC) cloud instances from Amazon Web Services, Google, and Oracle Cloud.
- April 2020 - HPE announced that it is accelerating Vaccine Research for COVID-19 with High-Performance Computing and AI. Scientists in labs rely on the massive computing power of HPC and supercomputers to run complex mathematical models, which translates vast volumes of evolving COVID-19 data into simulations of biological and chemical processes. These simulations advance the understanding of the new strain of the virus and the complex interactions of the human body down to the micro-level, to significantly accelerate the development of new treatments and measures.
Key Market Trends
North America is Expected to Hold Major Share
- The North American region is known for its early adoption of advanced technologies driven by healthy technology development in the United States and Canada. Amid the ongoing outbreak of COVID-19, Forbes has mentioned high-performance computing as one of the most valuable weapons against the fight. As of April 13, 2020, there were more than 5,60,000 active coronavirus cases in the country. Whereas, the figure crossed the count of 24,000 in Canada. In response to this, in April 2020, the Federal Government initiated a COVID-19 High-Performance Computing Consortium to bring together governments, industries, and academia, and provide access to the powerful high-performance computing resources. Such developments are expected to fast-track opportunities in the healthcare sector.
- This consortium has access to over 366 petaflops with a total computing power of 2,839,772 CPU cores and 36,058 Nvidia GPUs, and more resources are being added. This is being done with the collaboration of almost all the key HPC vendors in the country along with several national laboratories, such as Argonne National Laboratory, Lawrence Livermore National Laboratory, Los Alamos National Laboratory, Oak Ridge National Laboratory (ORNL), and Sandia National Laboratories contributing resources and compute power. To date, the ORNL has conducted more than 8,000 possible compound simulations for those that bind to the coronavirus's main spike protein.
Regional Outlook of High-performance Computing (HPC) Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The High-performance Computing (HPC) Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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