High Performance Computing (HPC) Market – 49% of Growth Will Come from APAC | Driven by the growing use of Big Data Analytics

NEW YORK, April 29, 2022 /PRNewswire/ — The size of the high-performance computing (HPC) market is expected to grow by $27.15 billion from 2021 to 2026, progressing to a CAGR of 11.31% according to Technavio’s latest market report. 49% of market growth will come from APAC during the forecast period. China and Japan are the top markets for the high performance computing (HPC) market in APAC. Market growth in this region will be faster than market growth in other regions. An increase in the number of data centers in the region and improved infrastructure will facilitate the growth of the high performance computing (HPC) market in the APAC region during the forecast period

Technavio has announced its latest market research report titled High Performance Computing (HPC) Market by Component, Deployment and Geography - Forecast and Analysis 2022-2026

Technavio has announced its latest market research report titled High Performance Computing (HPC) Market by Component, Deployment and Geography – Forecast and Analysis 2022-2026

For more insights on the market share of different regions – Request a sample report.

High Performance Computing (HPC) Market 2022-2026: Scope

Our High Performance Computing (HPC) Market Report Covers the Following Areas:

High Performance Computing (HPC) Market 2022-2026: Vendor Analysis

The high performance computing (HPC) market is fragmented and sellers are deploying growth strategies such as product launches to be competitive in the market. Altair Engineering Inc., Amazon.com Inc., ANSYS Inc., Arm Ltd., Atos SE, Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Intel Corp. , Lenovo Group Ltd., MEGWARE Computer Vertrieb und Service GmbH, NEC Corp., NVIDIA Corp., Oracle Corp., SMART Global Holdings Inc., Super Micro Computer Inc., Suse Group and VSC are among the major players in the market.

High Performance Computing (HPC) Market 2022-2026: Drivers and Challenges

the growing use of big data analytics is one of the major drivers for the growth of the high performance computing (HPC) market. The demand for supercomputers has increased significantly due to the growing application of big data analytics. Today, the extraction of information from big data is on the rise. This creates the need for better IT infrastructure. With their vast storage and high processing capacities, supercomputers are ideal for processing large volumes of data available in the market. This can be seen in the financial services industry, where companies such as PayPal have resorted to purchasing clustered supercomputers for the past two to three years. Moreover, the advent of new advanced analytical methods and tools is expected to gain traction among businesses to maximize the intelligence received from big data analysis. Thus, these factors will drive the growth of the high performance computing (HPC) market over the forecast period.

However, high investments and associated costs are the factors hindering the growth of the High Performance Computing (HPC) market. For example, an IBM Watson supercomputer costs approximately $3 million. Fujitsu K computer for the Riken Advanced Institute of Computational Science in Kobe, Japancosts more $1.2 billion build and requires $10 million per year for operating costs. Also, HPC systems such as supercomputers use about 6-7 megawatts of power on average, and peak values ​​can reach over 9.50 megawatts. Converting the power consumed by these machines into an energy cost, the figure is between $6$7 million. Since HPC systems face frequent upgrades to increase processing power, the power requirements of these upgraded systems will also increase. These rising costs will hamper the growth of the HPC market over the forecast period.

For other drivers and challenges – Download a sample now!

High Performance Computing (HPC) Market 2022-2026: Segmentation Analysis

  • Making up

  • Deployment

  • Geography

High Performance Computing (HPC) Market 2022-2026: Revenue Generating Segment

the high performance computing (HPC) market share growth through server segment will be important for revenue generation. The HPC server segment is expected to grow owing to the substantial growth in the global supercomputer market. Moreover, research and academic institutions around the world are increasingly using supercomputers to undertake predictive modeling and undertake in-depth research on various topics. Corporate R&D centers also use these systems to improve product offerings in terms of reliability and robustness. These supercomputer applications will drive the growth of the server segment over the forecast period.

Know the market contribution of each segment – Download a sample now!

High Performance Computing (HPC) Market 2022-2026: Key Highlights

  • Market CAGR over the forecast period 2022-2026

  • Detailed information on the factors that will contribute to the growth of the High Performance Computing (HPC) market over the next five years

  • Estimation of the High Performance Computing (HPC) market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the high performance computing (HPC) market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of factors that will challenge the growth of the High Performance Computing (HPC) Market vendors

Related reports:

  • the metaverse market is expected to grow by USD 677.98 billion from 2021 to 2026, at a CAGR of 33.26%. Download a sample now!

  • the computer integrated manufacturing market The market share is expected to increase by USD 8.72 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 7.93%. Download a sample now!

Scope of the High Performance Computing (HPC) Market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 11.31%

Market Growth 2022-2026

$27.15 billion

Market structure

Fragmented

Annual growth (%)

10.1

Successful market contribution

APAC at 49%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Altair Engineering Inc., Amazon.com Inc., ANSYS Inc., Arm Ltd., Atos SE, Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Intel Corp. , Lenovo Group Ltd., MEGWARE Computer Vertrieb und Service GmbH, NEC Corp., NVIDIA Corp., Oracle Corp., SMART Global Holdings Inc., Super Micro Computer Inc., Suse Group and VSC

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents :

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Component

6 Market Segmentation by Deployment

7 Customer Landscape

8 Geographic landscape

9 drivers, challenges and trends

10 Supplier Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/high-performance-computing-hpc-market—49-of-growth-to-originate-from-apac–driven-by-increasing-utilization-of -big-data-analysis–technavio-301535574.html

SOURCETechnavio

Leave a Reply

Your email address will not be published.