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High Performance Computing Market Trends, Market Demands, Top Manufactures, Industry Growth Analysis and Forecast to 2030
The global high performance computing market size is anticipated to around USD 81 billion by 2030, this market is anticipated to grow with 7.4% CAGR during the forecast time period. The increasing demand for high-efficiency calculating, continuous expansion and diversification of the IT industry, developments in virtualization, and increasing inclination for hybrid HPC solutions are some of the parameter anticipated to boost the market growth. The capability of HPC systems to procedure huge volumes of data at higher speeds is encouraging defense agencies, government agencies, academic institutions, energy companies, and utilities to adopt HPC systems. This is also expected to boost for the growth for HPC market in the forthcoming years.DOWNLOAD FREE SAMPLE@ https://www.acumenresearchandconsulting.com/request-sample/915
High performance computing can be segmented into (HPTC) High Performance Technical Computing and (HPBC) High Performance Business Computing. High Performance Technical Computing is extensively used in fields such as engineering and science. It is mainly used by government and defense agencies, educational and research institutions, and occupants of manufacturing industry, among others. Apart, High Performance Business Computing (HPBC) is suitable for applications, for instance fraud detection and gaming. Logistics businesses and providers of financial services, among others, also opt for High Performance Business Computing. The increasing popularity among manufacturing businesses, government sections, and defence activities is chiefly boosting growth of the High performance computing market.
The global high performance computing market is segmented into four major segment named component, end-user, deployment, and region. On the basis of component the high performance computing market is segmented into servers, storage, networking devices, software, services, cloud and other. On the basis of the end-user the global high performance computing market is segmented into Banking, Financial Services, and Insurance (BFSI), Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, and Others. On the basis of deployment, the High Performance Computing market is segmented into on premise and cloud. On the basis of region the global high performance computing market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Asia Pacific is anticipated to magnify at the highest CAGR of over 8.4% over the forthcoming years due to increasing acceptance of high performance computing for scientific research and weather forecasting, among others. At the same time, China is leading the HPC market. China is also domicile to supercomputers, for instance, Sunway TaihuLight. Tianhe-2 (Milkyway-2) and Tianhe-2 (Milkyway-2) which was developed by the National University of Defense Technology of emerging economy China and was financed by the government of Guangdong province and the government of Guangzhou city.
The industry has been segmented based on the basis of end use into gaming, media and entertainment, manufacturing, healthcare and bioscience, Banking, Financial Services, and Insurance (BFSI), government and defense, transportation, education and research, retail, and others. The manufacturing sub-segment is expected to develop considerably over the coming years. Manufacturing processes tend to be time-consuming and computation-intensive. Henceforth, incumbents of the manufacturing sector often adopt simulation and CAD software along with high performance computing. In the manufacturing sector, High Performance Computing (HPC) systems can be mainly used for computational structural mechanics, computational fluid dynamics, and computational electro magnetics to improve the performance, increase the computational speed, and to safeguard speedy access to data.
The key players operating in the global high performance computing market are Advanced Micro Devices, Inc. (AMD), Cisco Systems, Inc., Dell Technologies, Inc., Cray Research, Inc., and Atos SE. These market vendor are capitalising huge capital to transform the product line as the competition in the industry is rising with rapid pace. Likewise, with changing technology the need for better technology infrastructures are increasing, so cater the need of the clients, market participants are constantly inventing new technology products. Though numerous governments are inspiring research and academic institutions to introduce progressive IT systems and to drive the financial development, vendors are leveraging the condition by offering their solutions to the research and academic institutions and trying to cement their industry position. Such as, in August 2018, the Garvan Institute of Medicine associated with Dell Technologies, Inc. to use High Performance Computing (HPC) in genomics research.
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
CHAPTER 4. HIGH PERFORMANCE COMPUTING MARKET BY COMPONENT
CHAPTER 5. HIGH PERFORMANCE COMPUTING MARKET BY DEPLOYMENT
CHAPTER 6. HIGH PERFORMANCE COMPUTING MARKET BY END USERS
CHAPTER 7. NORTH AMERICA HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 8. EUROPE HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 9. ASIA-PACIFIC HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 10. LATIN AMERICA HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 11. MIDDLE EAST HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 12. AFRICA HIGH PERFORMANCE COMPUTING MARKET BY COUNTRY
CHAPTER 13. COMPANY PROFILE
CHAPTER 14. RESEARCH APPROACH
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