Press release
Global High Performance Computing Market Size To Grow At A CAGR Of 7.30% In The Forecast Period Of 2023-2028
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
High Performance Computing Market Size, Share, Price, Growth, Trends, Industry Report, Key Players, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Historical Market Size (2022): USD 44.5 billion
Forecast CAGR (2023-2028): 7.30%
Forecast Market Size (2028): USD 67.6 billion
Rising requirements for high efficiency computing, growth of IT industries, and increased utilisation of magnetic resonance imagining and computed tomography scanning in the healthcare sector are key drivers for the high performance computing market. The ability of high performance computing systems to process large data volumes at high speed are a key advantage encouraging multiple applications of such systems. Emerging upscale computing services, increasing number of data centres, and presence of essential HPC server manufacturers are further expected to boost the growth of the high performance computing market.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/high-performance-computing-market/requestsample
Increasing investments in artificial intelligence, electronic design automation, and industrial Internet of things (IIoT) is driving the growth of the high performance computing market. Additionally, continued investments by the key market players are further contributing towards the growth of the market for high performance computing.
However, factors including lacking knowledge regarding high performance computing maintenance coupled with high maintenance costs is likely to pose challenges for the growth of the market for high performance computing.
High Performance Computing Industry Definition and Major Segments
High performance computing (HPC) refers to aggregation of computer power in a manner that results in delivery of higher performance than a conventional workstation or desktop computer. It is suited for applications that have data and performance intensive computing requirements as HPCs facilitate improved analytics and data modelling along with faster analysis and simulation.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/high-performance-computing-market
On the basis of component, the market is categorised into:
Solutions
Breakup by Type
Servers
Storage
Networking Devices
Software
Services
Breakup by Type
Design and Construction
Integration and Deployment
Training and Outsourcing
Based on deployment, the market is bifurcated into:
On-Premises
Cloud
On the basis of organisation size, the market is classified into:
Small and Medium Enterprises
Large Enterprises
Based on industry vertical, the market is segregated into:
BFSI
Government and Defence
Education and Research
Manufacturing
Media and Entertainment
Healthcare and Life Sciences
Energy and Utility
Others
On the basis of region, the market is segmented into:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
High Performance Computing Market Trends
The key trends in the high performance computing market include end user preferences to outsource high performance computing workloads. Increasing demands high performance computing in the form of services is expected to fuel the growth of the market. Growing popularity of hybrid high performance computing solutions owing to increased inclination of enterprises towards cloud services coupled with visualisation advancements are other major trends in the market for high performance computing.
Adoption of high performance computing systems by various governments for academic, defence, and energy conserving applications is one of the major trends in the market for high performance computing. Increasing preference of businesses towards cloud service providers with the provision of turnkey high performance computing solutions especially designed to cater to the needs of specific workload requirements is further fuelling the growth of the high performance computing market.
Incorporation of high performance computing systems in genomics research for efficiently analysing large volumes of sequencing data is further aiding the growth of the market. In regional terms, North America accounts for a major portion in the market, owing to rapid technological advancements, and increased adoption of new technologies.
Key Market Players
The major players in the global high performance computing market report are Hewlett Packard Enterprise Development LP, Dell Inc, Atos SE, Microsoft Corporation, NVIDIA Corporation, IBM Corporation, Intel Corporation, Fujitsu Limited, Cisco Systems, Inc., Lenovo Group, Advanced Micro Devices, Inc, and NEC Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Aquarium Accessories Market: https://mybuzzworthy.com/aquarium-accessories-market-size-share-growth-industry-analysis-top-leading-players-and-forecast-2023-2028/
Chromhidrosis Treatment Market: https://www.gettoplists.com/chromhidrosis-treatment-market-size-share-growth-analysis-price-industry-overview-key-players-and-forecast-2023-2028/
Benzyl Bromide Market: https://qasautos.com/benzyl-bromide-market-size-share-industry-report-key-players-report-analysis-and-forecast-2023-2028/
Gemstones Market: https://outfitwrap.com/gemstones-market-size-share-growth-industry-analysis-price-trends-outlook-report-and-forecast-2023-2028/
Allyl Alcohol Market: https://lacidashopping.com/2023/07/04/allyl-alcohol-market-size-share-growth-industry-analysis-price-trends-outlook-report-and-forecast-2023-2028/
Anoscope Market: https://magazinestype.com/anoscope-market-size-share-growth-industry-analysis-price-trends-outlook-report-and-forecast-2023-2028/
Broken Cell Pine Pollen Powder Market: https://trustedblogs.co/2023/07/04/broken-cell-pine-pollen-powder-market-size-share-growth-industry-analysis-price-trends-outlook-report-and-forecast-2023-2028/
Barium Titanate Market: https://magazinestype.com/barium-titanate-market-size-share-growth-industry-analysis-price-trends-outlook-report-and-forecast-2023-2028/
Chromhidrosis Treatment Market: https://esocialmag.com/chromhidrosis-treatment-market-size-share-growth-analysis-price-trends-outlook-industry-report-and-forecast-2023-2028/
Benzyl Bromide Market: https://emperiummarketing.com/benzyl-bromide-market-size-share-growth-analysis-price-trends-outlook-industry-report-and-forecast-2023-2028/
Media Contact:
Company Name: Claight Corporation
Contact Person: Ian Bell, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global High Performance Computing Market Size To Grow At A CAGR Of 7.30% In The Forecast Period Of 2023-2028 here
News-ID: 3115055 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
