High Performance Computing Market Statistics 2023: Innovation and Product Optimization to Boost Growth

HPC involves various components and some of them could be listed as Hardware and architecture, software and system management and professional services. Hardware components are the most essential parts in any HPC system. The efficiency of the system is totally dependent on the hardware entities in HPC. Hardware and architecture segment of HPC includes memory capacity (storage), energy management, servers and network devices.

Servers consist of super computer, divisional, departmental &workgroup. Supercomputers and departmental units are the fastest elements to be sold in hardware and architecture section. Another essential component of HPC is software and management system. It comprises of middleware, programming tools, performance optimization tools, cluster management and fabric management. Finally, professional services provided are design & consulting, integration & deployment and Training & outsourcing.

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The high performance computing market is being analyzed in different geographic regions such as North America, Europe, Asia-Pacific and LAMEA. North America is the largest market for HPC technology due to the technological advancements and early adoption of technology in the region followed by Europe.

The different types of deployment methods of HPC are Cloud based and on-premise based methods. Cloud deployment is most popular in the industry, as cloud-computing technologies are popularly adopted by the players in different industries. The research shows that cloud technology market is expected to grow due to its high adoption rate, while the usage on-premise deployment method would decline slowly.

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The major application sections of HPC are High Performance technical computing and High performance business computing. Technical computing of the HPC includes various sectors such as Government, Chemicals, Bio-sciences, Academic institutions, Consumer products, Energy, Electronics and Others. High performance data analysis is being used in government sector for national security & crime fighting. In addition to this, HPCs are used in fraud detection and customer acquisition/retention across other sectors. High Performance Business Computing includes media entertainment, online gaming, retail, financial service, ultra scale internet, transportation and others.

Study of the market showcases the current market trends, market structures, driving factors, limitations and opportunities of the global HPC market. Porter's Five Force Model helps in analyzing the market forces, barriers, strengths, etc., of the global market. Bargaining power of the buyer is low as the product is highly differentiated and threat of backward integration is low. The suppliers in this market are more concentrated than buyers, due to which the bargaining power of suppliers is high. Threat of substitutes in the global market is high as the switching costs are minimal. As HPC is a novel concept, threat of new entrants in the industry is high, while, the moderate number of market players leads to moderate intersegment rivalry in the market. Value chain analysis helps in analyzing the role of key stakeholders in the supply chain of the market and would provide new entrants with knowledge about the value chain of the existing market.

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KEY BENEFITS

• Porters five force's model helps in analyzing the potential of buyers & suppliers, and the competitive sketch of the market, which would guide the market players to develop strategies accordingly

• Assessments are made according to the current business scenario and the future market structure & trends are forecast for the by considering 2016 as base year

• The analysis gives a wider view of the global market including its market trends, market structure, limiting factors and opportunities

• The advantages of the market are analyzed to help the stakeholders identify the opportunistic areas in a comprehensive manner

• The value chain analysis provides a systematic study on the key intermediaries involved, which would in turn help the stakeholders in the market to make appropriate strategies

The key market players are adopting product launch as their principle strategy to provide high performance solutions in different industries. Cisco is providing high performance computing solution for financial services that overcome low latency requirements, high message rate and throughput requirements, predictability to avoid jitter & spikes and building large computing grids in cost effective manner.

Some major players in HPC market are IBM, Intel, Fujistu, AMD, Oracle, Microsoft, HP, Dell, Hitachi Data System and Cisco.

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