The Worldwide High-performance Computing Industry is Expected to Reach $49.9 Billion by 2027 – GlobeNewswire

Dublin, Nov. 18, 2022 (GLOBE NEWSWIRE) -- The "High-performance Computing (HPC) Market with COVID-19 Impact Analysis, by Component, Computation Type (Parallel Computing, Distributed computing and Exascale Computing), Industry, Deployment, Server Price Band, Verticals & Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global high-performance computing (HPC) market is expected to grow from USD 36.0 Billion in 2022 to USD 49.9 Billion by 2027, at a CAGR of 6.7%.Large enterprises segment is expected to hold a higher market share during the forecast period

Organizations with an employee base of more than 1,000 people are considered large enterprises. As the adoption of new digital technologies increases, many large enterprises have replaced their traditional data center infrastructure technologies and other management processes with HPC systems and solutions. Large enterprises are usually characterized by high-server densities and high computational power requirements.

These organizations require highly reliable infrastructure. HPC solutions can facilitate data center providers with fast processing abilities and deliver quick results, increasing their profitability. Moreover, HPC solutions aid large enterprises in processing numerous applications simultaneously within a short time, enabling a significant reduction in downtime.

On-Premises deployment of HPC to hold the largest market share during the forecast period

The on-premises deployment consists of various dedicated computing nodes that are attached to their parent nodes and further connected to workstations. This deployment type supports specialized hardware, such as InfiniBand and Graphics Processing Unit (GPU).

However, the emergence of HPC in the cloud has affected the growth of the on-premises deployment type segment. Yet, organizations are deploying HPC solutions using the on-premises deployment type because of the security and confidentiality factors. Many vendors are making continued investments in the on-premises deployment type, as well as developing new cloud business models for HPC. Major vendors offering on-premise HPC solutions include HPE, IBM, and Dell.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Premium Insights4.1 Attractive Growth Opportunities in High-Performance Computing Market4.2 High-Performance Computing Market, by Component4.3 High-Performance Computing Market, by Component and Region4.4 High-Performance Computing Market, by Country

5. Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Growing Need for Efficient Computing, High Scalability, and Reliable Storage5.2.1.2 Increasing Demand for High-Speed Data Processing with Accuracy5.2.1.3 Increased Use of High-Performance Computing and Deep Learning Frameworks in Development of COVID-19 Vaccines5.2.1.4 Growing Demand for High-Performance Computing (HPC) Systems in Genomics Research5.2.2 Restraints5.2.2.1 Cyber Security Concerns5.2.2.2 High Deployment Costs Associated with Commercial High-Performance Computing (HPC) Clusters5.2.3 Opportunities5.2.3.1 Increasing Focus on Adoption of Hybrid High-Performance Computing (HPC) Systems5.2.3.2 Introduction of Exascale Computing5.2.3.3 Rising Investments in Data Centers Supporting HPC Capability5.2.4 Challenges5.2.4.1 Less Technical Expertise Related to High-Performance Computing (HPC)5.2.4.2 Limited Budgets of Smes5.2.4.3 Challenges in Cooling HPC Systems5.2.4.4 Requirement of Advanced Frameworks to Improve Fault Tolerance and Ensure Resiliency5.3 Value Chain Analysis5.4 Technology Analysis5.5 Ecosystem Analysis5.6 Trends/Disruptions Impacting Customers5.7 Case Studies5.7.1 Case Study 1: Education5.7.2 Case Study 2: Energy and Utilities5.7.3 Case Study 3: Education5.8 Porter's Five Forces Analysis5.9 Pricing Analysis5.10 Trade Analysis5.11 Key Conferences and Events Between 2022 and 20235.12 Key Stakeholders and Buying Criteria5.13 Regulations and Standards5.14 Regulatory Bodies, Government Agencies, and Other Organizations

6. High-Performance Computing Market, by Component6.1 Introduction6.1.1 Drivers: High-Performance Computing Market for Component6.1.2 COVID-19 Impact6.2 Solutions6.2.1 Server6.2.1.1 Supercomputer and Divisional Systems6.2.1.2 Departmental and Workgroup Systems6.2.2 Storage6.2.3 Networking Devices6.2.4 Software6.3 Services6.3.1 Design and Consulting6.3.2 Integration and Deployment

7. High-Performance Computing Market, by Computation Type7.1 Introduction7.2 Parallel Computing7.2.1 Parallel Computing Helps in Solving Complex Mathematical Problems7.2.2 Case Study: Aws and AstraZeneca7.2.3 Bit-Level Parallelism7.2.4 Instruction-Level Parallelism7.2.5 Task Parallelism7.3 Distributed Computing7.3.1 Distributed Computing Helps in Leveraging HPC Resources Using Low-Value Commodity Hardware7.3.2 Use Case: Dell and Walt Disney Animation Studio7.3.3 Grid Computing7.3.4 Cluster Computing7.3.5 Cloud Computing7.3.5.1 Use Case: Fraud Detection in Bfsi Sector7.4 Exascale Computing7.4.1 Exascale Computing Helps in Making New Scientific Discoveries by Processing Large Amounts of Data in Short Time7.4.2 Use Case: Vaccine Development

8. High-Performance Computing Market, by Deployment8.1 Introduction8.1.1 Drivers: High-Performance Computing Market for Deployment Type8.1.2 COVID-19 Impact8.2 Cloud8.3 On-Premises

9. High-Performance Computing Market, by Organization Size9.1 Introduction9.1.1 Drivers: High-Performance Computing Market for Organization Size9.1.2 COVID-19 Impact9.2 Small- and Medium-Sized Enterprises9.3 Large Enterprises

10. High-Performance Computing Market, by Server Price Band10.1 Introduction10.2 USD 250,000-500,000 and Above10.2.1 USD 250,000-500,000 and Above Server Price Band Comprises Systems That Help in Solving Highly Complex Mathematical Problems10.3 USD 250,000-100,000 and Below10.3.1 USD 250,000-100,000 and Below Server Price Band Comprise Systems That Can Solve Moderately Complex Mathematical Problems

11. High-Performance Computing Market, by Vertical11.1 Introduction11.1.1 Drivers: High-Performance Computing Market for Vertical11.1.2 COVID-19 Impact11.2 Government & Defense11.3 Banking, Financial Services, and Insurance (Bfsi)11.4 Education & Research11.4.1 Recent Developments11.5 Manufacturing11.6 Media & Entertainment11.7 Healthcare & Life Sciences11.8 Energy & Utilities11.9 Earth Sciences11.10 Others

12. High-Performance Computing Market, by Region

13. Competitive Landscape13.1 Key Player Strategies/Right to Win13.2 Overview13.3 Top 5 Company Analysis13.4 Market Share Analysis (2021)13.5 Company Evaluation Quadrant, 202113.5.1 Star13.5.2 Pervasive13.5.3 Emerging Leader13.5.4 Participant13.6 Sme Evaluation Quadrant, 202113.6.1 Progressive Company13.6.2 Responsive Company13.6.3 Dynamic Company13.6.4 Starting Block13.7 Competitive Scenario

14. Company Profiles14.1 Key Players14.1.1 Advanced Micro Devices14.1.2 Intel14.1.3 Hewlett Packard Enterprise (Hpe)14.1.4 IBM14.1.5 Dell14.1.6 Lenovo14.1.7 Fujitsu14.1.8 Atos14.1.9 Cisco14.1.10 Nvidia14.2 Other Players14.2.1 Nec Corporation14.2.2 Amazon Web Services14.2.3 Oracle14.2.4 Microsoft14.2.5 Inspur14.2.6 Netapp14.2.7 Iron Global14.2.8 Aspen System14.2.9 Advanced Clustering Technologies14.2.10 Dawning Information Industry Co. Ltd. (Sugon)14.2.11 Dassault Systems14.2.12 Arm Limited14.2.13 Montage Technology14.2.14 Adaptive Computing14.2.15 Advanced HPC14.2.16 Datadirect Networks14.2.17 Equus Computers14.2.18 Excelero14.2.19 Giga-Byte14.2.20 Penguin Computing

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/hyyt7v

Continue reading here:

The Worldwide High-performance Computing Industry is Expected to Reach $49.9 Billion by 2027 - GlobeNewswire