Press release
High Performance Computing Market 2023 Size, Share, Industry, Forecast To 2032
High Performance Computing Global Market
High Performance Computing Market Size, Growth Rate, And Forecast
The global high performance computing market size grew from $41.91 billion in 2022 to $46.32 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The high performance computing market size is expected to grow to $66.77 billion in 2027 at a CAGR of 9.6%.
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High Performance Computing Market Drivers
The emerging need for high-speed data processing with accuracy is driving the high-performance computing market. When data is processed, it is gathered and converted into useable information. It is critical that data processing is done appropriately and faster so that the result, or data output, is not harmed. HPC allows users to analyze massive volumes of data faster than a regular computer, resulting in faster insights and allowing enterprises to remain ahead of the competition.
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High Performance Computing Market Segments
1) By Data Type: Structured, Unstructured, Semi Structured
2) By Component: Software, Hardware, Services
3) By Organization Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises
4) By Deployment Type: Cloud, On-premises
5) By Industry Vertical: Government and Defence, IT and Telecom, Banking and Finance, Transportation and logistics, Retail and Consumer goods, Media and Entertainment, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the High Performance Computing market.
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High Performance Computing Market Key Players
Major competitors in the High Performance Computing market include Intel, IBM, Dell, Lenovo, Fujitsu, Atos, Cisco, NVIDIA, Amazon Web Services, Hewlett Packard Enterprise
The Table Of Content For The High Performance Computing Market Include:
1. Executive Summary
2. High Performance Computing Market Characteristics
3. High Performance Computing Market Trends And Strategies
4. High Performance Computing Market - Macro Economic Scenario
5. High Performance Computing Market Size And Growth
……
27. High Performance Computing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Performance Computing Market
29. High Performance Computing Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global High Performance Computing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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