High Performance Computing Market (By Component - Servers, Storage, Networking Devices, Software, Services, Cloud, Others; By Deployment - On-premise, Cloud; By End-user - Banking, Financial Services, and Insurance (BFSI), Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, Others) - Global Industry Size, Share, Trends and Forecast 2018 - 2026

Category : ICT | Delivery Format : PDF | Status: Published | Pages : 180

Introduction

The global High Performance computing market is project worth USD 60.1 Billion in 2026 and the market is projected to showcase 7.4% CAGR during the forecast period. The market is driven by increasing penetration of need for high-efficiency computing across all the verticals.

Market Dynamics

The rising demand for high-efficiency computing, continuous modification and growth of the IT industry, developments in virtualization, and increasing preference for hybrid HPC solutions are some of the parameters anticipated to boost the market growth. The capability of HPC systems to process and evaluate the large amount of data at higher speeds is encouraging energy companies, defense agencies, academic institutions, government agencies, and utilities to embrace HPC systems. This is also expected to drive the need for the HPC market growth during the forecasted period.

Market Insights

Increasing popularity of cloud computing paired with the digitization initiatives being accepted by numerous governments would play a pivotal role in catapulting the market during the forthcoming years. For example, the Government of UAE (United Arab Emirates) has introduced digital transformation projects, for instance Smart Dubai and Smart Abu Dhabi. Such projects would inspire implementation of cloud computing and prompt the demand for high-efficiency computing systems.

Market Classification

The global high performance computing market is segmented into four major segment named component, end-user, deployment, and region. On the basis of component the high performance computing market is segmented into servers, storage, networking devices, software, services, cloud and other. On the basis of the end-user the global high performance computing market is segmented into Banking, Financial Services, and Insurance (BFSI), Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, and Others. On the basis of deployment, the High Performance Computing market is segmented into on premise and cloud. On the basis of region the global High Performance Computing market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Regional Insights

The North America captures for more than 35.0% market share in 2018. The region happens to be the largest or biggest market for technology-based solutions. Moreover, it is also expected to be a strong participant in the global economy, particularly, in the implementation and growth of new technologies. Though the demand to process large volumes of raw data is increasing, having robust security measures in place is also gaining importance, which is boosting the demand to implement the latest technologies, which, in turn, is boosting the implementation of high performance computing. Furthermore, North America is home to some of the large organizations, for instance, Boeing and General Motors, which along with other small and medium enterprises, are hostilely accepting HPC to overwhelm the technical restraints. This factor is expected to lift the adoption North America region.

Report Coverage

Market

High Performance Computing market

Analysis Period

2016 – 2026

Historic Data

2016 – 2017

Base Year

2018

Forecast Data

2019 – 2026

Market Stratification

Component, End-user, Deployment  and Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

The major players associated with the high performance computing market Cisco Systems, Inc., Advanced Micro Devices, Inc. (AMD), Dell Technologies, Inc., Cray Research, Inc., and Atos SE. These players are continuously involved in strategic partnership and continuous product launch to meet the competitive world and satisfy the demand for advance computing system to offer fast and efficient speed of process. These players are also rigorously involved in testing and innovating new solution to transform world into digital world.

Market Segmentation

Market By Component

  • Servers
  • Storage
  • Networking Devices
  • Software
  • Services
  • Cloud
  • Others

Market By Deployment

  • On-premise
  • Cloud

Market By End-user

  • Banking, Financial Services, and Insurance (BFSI)
  • Gaming
  • Media & Entertainment
  • Retail
  • Transportation
  • Government & Defense
  • Education & Research
  • Manufacturing
  • Healthcare & Bioscience
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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