High-performance computing market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. HPC is a practice of aggregating computing power that delivers higher horsepower than traditional computers and servers. It aids in processing huge volumes of data at very high speeds using multiple computers and storage devices. HPI has made advances in various fields such as precision medicine, fraud detection in fintech, personalized interest rates, business intelligence, and seismic analysis, among others. The growing requirement for HPC solutions in various applications, continued diversification, expansion of the IT industry, advances in virtualization, and rising preference for hybrid HPC solutions are some of the factors driving the growth of the market.
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The global HPC market is segmented based on the component, deployment type, computation type, and application area. Based on the component, the market is segmented into solutions and services. Based on the deployment type, the market is sub-segmented into the on-premises and cloud-based. Based on the computation type, the market is segmented into parallel computing, distributed computing, and exascale computing. Further, based on the application area, the market is sub-segmented into the government & defense, BFSI, media and entertainment, healthcare & bioscience, and, others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global High-Performance Computing (HPC) Market Report Segment
By Component
- Solutions
- Services
By Deployment Type
- On-Premises
- Cloud-Based
By Application Area
- Government & Defense
- Banking, Financial Services, and Insurance (BFSI)
- Media and Entertainment
- Healthcare & Bioscience
- Others (Gamin, Energy & Utilities)
Global High-Performance Computing (HPC) Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high-performance computing (HPC) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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