High-performance Computing Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global High-performance Computing (HPC) Market
Research and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global High-performance Computing (HPC) Market
Research Report The latest report by IMARC,
titled High-performance Computing (HPC) Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028 " the global
high-performance computing (HPC) market reached a
value of US 40.2 Billion in 2022.
High-performance computing (HPC) plays an
essential role in life science simulation and
financial modeling to solve complex problems
quickly. It is a practice of aggregating
computing power that delivers high-performance
capabilities in handling numerous issues in
science, business, or engineering. It involves
all types of servers and microservers used for
highly computational or data-intensive tasks.
It offers various advantages, such as faster
computing capabilities, improved performance
efficiency, and smart deployment and management
with high-quality service. It is helping the
world to pioneer new materials and investigate
malignant growth by utilizing advances accessible
to all organizations. It is widely used across
diverse industry verticals, such as media and
entertainment, gaming, oil and gas, retail,
logistics, government, banking, and life
sciences. Request Free Sample Report
https//www.imarcgroup.com/high-performance-comput
ing-market/requestsample
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Report Description and Highlights
Report Description

Global High-performance Computing (HPC) Market
Trends The global market is primarily driven by
the increasing demand for cloud-based
high-performance computing in various
applications. In line with this, the rising
demand for HPC systems in genomics research to
efficiently analyze a large amount of sequencing
data is significantly contributing to the market
growth. Furthermore, the growing usage of machine
learning (ML) and optimization and physical
simulation in various applications is
accelerating the growth of the market. Apart from
this, the escalating need for high-efficiency
computing, continued diversification, and IT
industry expansion are positively influencing the
market. Moreover, continual advances in
virtualization and the shifting preference for
hybrid HPC solutions are catalyzing the market.
Besides, the ability of HPC systems to process
massive volumes of data at higher speeds is
facilitating government agencies, defense
agencies, academic institutions, energy
companies, and utilities to adopt HPC systems,
which also propels the growth of the HPC market.
Additionally, the increasing popularity of
cloud computing, along with rapid digitization
initiatives being adopted by various governments,
is creating a positive outlook for the market.
Other factors, including the emergence of
exascale computing, the rising number of data
centers, and the presence of crucial HPC servers
manufacturing companies worldwide, are further
expected to provide a boost to the market
expansion. On account of the factors above, the
market is anticipated to reach a value of US
55.3 Billion by 2028, exhibiting a CAGR of 5.3
during 2023-2028. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Component Insights Ha
rdware Software and Services Deployment
Type Insights On-premises Cl
oud-based End Use Insights Aerospace a
nd Defense Energy and Utilities
BFSI Media and Entertainment
Manufacturing Life Science and Healthca
re Others

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Report Description and Highlights
Report Description
Regional Insights North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers

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Report Description and Highlights
Report Description
Latin America Brazil
Mexico Others
Middle East and Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Advanced Micro Devices Inc
• Atos SE Cisco Systems Inc. Dell Technologies Inc.
  Fujitsu Limited Hewlett Packard Enterprise
  Development LP Intel Corporation International Bus
  iness Machines Corporation Lenovo Group Limited Mi
  crosoft Corporation NetApp Inc. Nvidia Corporation
  .
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/high-performance-comput
  ing-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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Market Analysis Research and Consulting
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