IMARC Group, a leading market research company, has recently releases report titled “High-performance Computing (HPC) Market Report by Component (Hardware, Software and Services), Deployment Type (On-premises, Cloud-based), End Use (Aerospace and Defense, Energy and Utilities, BFSI, Media and Entertainment, Manufacturing, Life Science and Healthcare, and Others), and Region 2023-2028”, Offers a comprehensive analysis of the industry, which comprises insights on the high erformance computing market report.

How Big is the High-performance Computing Market?

The global high-performance computing (HPC) market size reached US$ 40.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028. 

Industry Overview of High-performance Computing

High-performance computing (HPC) is a cutting-edge technology that facilitates the processing of vast amounts of data and complex computations at unprecedented speeds. It involves the use of powerful supercomputers or clusters of computers working in parallel to solve intricate problems, model simulations, and perform data analysis. HPC is instrumental in tackling challenges that are beyond the capabilities of traditional computing systems, making it an indispensable tool for various industries. HPC empowers organizations to attain remarkable performance gains, enabling faster decision-making and innovative problem-solving by leveraging parallel processing and specialized architectures. As a result, it finds extensive applications in the finance, healthcare, and oil and gas industries across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/high-performance-computing-market/requestsample

What are the growth prospects and trends in the high-performance computing industry?

At present, the rapid expansion of big data and the Internet of Things (IoT) is leading to an exponential increase in data generation, necessitating advanced computing solutions to process and analyze data effectively, represents one of the key factors supporting the growth of the market.

As organizations are striving to extract actionable insights from massive datasets, the demand for HPC systems is rising. Additionally, HPC plays a pivotal role in enabling artificial intelligence (AI) and machine learning (ML) applications, which is bolstering the growth of the market.

Besides this, the growing need to accelerate training times and optimize neural networks in the corporate sector is offering a favorable market outlook.

Leading Companies Operating in the Global High-performance Computing Industry:

  • Advanced Micro Devices Inc.
  • Atos SE
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Fujitsu Limited
  • Hewlett Packard Enterprise Development LP
  • Intel Corporation
  • International Business Machines Corporation
  • Lenovo Group Limited
  • Microsoft Corporation
  • NetApp Inc.
  • Nvidia Corporation

High-performance Computing Market Report Segmentation:

The report has segmented the market into the following categories:

Component Insights:

  • Hardware
  • Software and Services

Deployment Type Insights:

  • On-premises
  • Cloud-based

End Use Insights:

  • Aerospace and Defense
  • Energy and Utilities
  • BFSI
  • Media and Entertainment
  • Manufacturing
  • Life Science and Healthcare
  • Others

Breakup by Region:

  • North America: (United States, Canada)

  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

  • Latin America: (Brazil, Mexico, Others)

  • Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163