The global high-performance computing market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). High-performance computing most generally refers to the trend of accumulating computing power in such a way that it delivers much higher performance than the typical desktop computer or workstation so as to solve complex problems in business, science, or engineering. The market growth is majorly attributed to the drivers such as the increasing need to restructure business processes, rising significance of cloud computing coupled with rapid trend of digitization, especially in emerging economies. Another key trend that is observed in the market is the increasing adoption of high-performance computing in government and national entities. The capability of high-performance computing systems to handle large volumes of data at high speed is a pivotal factor leading to the high deployment of these systems among such entities.
Some key players operating in the high-performance computing market include Advanced Micro Devices, Inc., NEC Corp., HP, Inc., Intel Corp., and IBM Corp. These players are eyeing to strengthen their position in the market by adopting various strategies as mergers and acquisitions, geographical expansion, partnerships, collaborations, new product launches and development in the existing product portfolio, and so on. For instance, in November 2021, Hewlett Packard Enterprise announced that it is building one of Europe’s most powerful supercomputers to be installed and operated at CINES (National Computing Center for Higher Education), which is one of the three high-performance computing (HPC) centers in France. The new supercomputer was procured by GENCI, a national French agency that invests and provides HPC resources to support France’s academic and industrial research communities.
Market Coverage
o By Component
o By Deployment
o By Application
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global High-Performance Computing Market Report Segmentation
By Component
• Hardware
• Software and Services
By Deployment Type
• On-Premise
• Cloud
By Application
• Aerospace and Defense
• BFSI
• Manufacturing
• Healthcare
• Energy and Utilities
• Others
Global High-Performance Computing Market by Region
North America
Europe
Asia-Pacific
Rest of the World