The High Performance Computing Market is valued at USD 54.32 billion in the base year and is expected to grow at a CAGR of 11.18% during the forecast period to become USD 96.79 billion by the next five years. Increasing adoption of High Performance Computing (HPC) in the cloud and the emerging need to process large amounts of data efficiently and quickly drive market growth.
High Performance Computing (HPC) Market is highly fragmented. The presence of major players, such as Hewlett Packard Enterprise, Advanced Micro Devices Inc., Sugon Information Industry Co. Ltd, NEC Corporation, and Fujitsu Ltd, has considerable influence on the overall market. High-performance computing vendors increasingly focus on delivering enhanced solutions through product innovations, collaborations, and investment in R&D to increase their market share during the forecast period.
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