High Performance Computing (HPC) Market Size, Share, and Analysis, By Component (Servers, Storage, Networking Devices, Software, Services, Cloud, Others), By Deployment (On-Premise, Cloud), By End Use Industry (Banking, Financial Services, and Insurance [

High Performance Computing (HPC) Market Size, Share, and Analysis, By Component (Servers, Storage, Networking Devices, Software, Services, Cloud, Others), By Deployment (On-Premise, Cloud), By End Use Industry (Banking, Financial Services, and Insurance [BFSI], Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, Others) and Regional Forecasts, 2022-2032

High Performance Computing (HPC) Market Size, Share, and Analysis, By Component (Servers, Storage, Networking Devices, Software, Services, Cloud, Others), By Deployment (On-Premise, Cloud), By End Use Industry (Banking, Financial Services, and Insurance [BFSI], Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

High Performance Computing (HPC) Market size was USD 36.16 billion in 2021 and projected to grow from USD 41.5 billion in 2023 to USD 78.2 billion by 2032, exhibiting a CAGR of 7.2% during the forecast period.

High Performance Computing refers to the process of combining computing power in a way that it provides significantly higher performance as compared to the one from workstation or regular computer to solve bigger problems in engineering, science, or business. HPC is the foundation for industrial, scientific, and societal improvements. HPC systems usually perform at greater speeds (above one million times quicker) contrasted with the fastest laptop, desktop, or server systems.

MARKET HIGHLIGHTS

High Performance Computing (HPC) Market is expected to reach USD 78.2 billion, growing at a CAGR of 7.2% during the forecast period owing to the rising demand for super-efficiency computing, constant diversification, improvements in virtualization, and growth of the IT industry. Also, growing inclination of consumers for hybrid high-performance computing solutions are projected to boost the growth of High Performance Computing (HPC) Market over the forecast period.

High Performance Computing (HPC) Market Segments:

• Component
• Servers
• Storage
• Networking Devices
• Software
• Services
• Cloud
• Others
• Deployment
• On-Premise
• Cloud
• End Use Industry
• Banking, Financial Services, and Insurance (BFSI)
• Gaming
• Media & Entertainment
• Retail
• Transportation
• Government & Defense
• Education & Research
• Manufacturing
• Healthcare & Bioscience
• Others

MARKET DYNAMICS

Growth Drivers

Expanding Use of High Performance Computing Technology is Expected to Boost the Market Growth

Growing Popularity of Cloud Computing and Efficiency offered by HPC are Expected to Boost the Market Growth

Restraint

Lack of Expertise and Cyber Security Concerns to Restrain the Market Growth

Key Players

• IBM
• Microsoft
• Huawei Technologies
• Oracle
• Dell Inc.
• Amazon Web Services Inc.
• Intel Corporation
• Fujitsu
• Atos
• Cisco Systems Inc.
• Lenovo Group Ltd.
• Hewlett Packard Enterprise
• NVIDIA Corporation
• Advanced Micro Devices Inc
• Red Hat Inc.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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