IMARC Group, a leading market research company, has recently releases report titled " High Performance Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global high performance computing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report HighlightsHow 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.
High-performance computing (HPC) comprises various processors, micro servers, and servers that are designed to provide high computational power, high speed, and large data storage capacity. It aids in offering enhanced analytics, faster product development cycles, and reduced physical testing. It also assists in solving complex problems in less time and reduced costs as compared to traditional computing. As a result, HPC is widely utilized in aerospace and defense, energy and utilities, banking, financial services and insurance (BFSI), media and entertainment, manufacturing, and healthcare industries across the globe.
What are the growth prospects and trends in the high performance computing industry?At present, the rising demand for real-time data for enhanced decision-making in a business represents one of the key factors strengthening the market growth. Besides this, the growing adoption of HPC solutions due to the rising utilization of technology in the government sector is offering a positive market outlook.
Apart from this, the increasing preference for hybrid HPC solutions to process huge amounts of data at high speed is contributing to the growth of the market. Moreover, the rising utilization of HPC solutions in fraud detection is offering lucrative growth opportunities to industry investors.
Furthermore, the increasing adoption of HPC systems, as they assist in improving performance efficiency, is impelling the growth of the market.
Get Your Free Sample Copy of This Report: What is included in market segmentation?https://www.imarcgroup.com/high-performance-computing-market/requestsampleBreakup by Component:The report has segmented the market into the following categories:
Breakup by Deployment Type:Breakup by End Use:- Hardware
- Software and Services
- Aerospace and Defense
- Energy and Utilities
- BFSI
- Media and Entertainment
- Manufacturing
- Life Science and Healthcare
- Others
- 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
The report covers the major market players including:
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 UsAdvanced 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
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.
Contact USIMARC 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.
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