High Performance Computing (HPC) Market Growing at a CAGR 5.5% | Key Player Intel, HPE, IBM, DELL, Lenovo
“AMD (US), Intel (US), HPE (US), IBM (US), Dell (US), Lenovo (China), Fujitsu (Japan), Atos (US), Cisco (US), NVIDIA (US), Sugon (China), AWS (US), and Dassault Systems (France)”
High Performance Computing (HPC) Market by Component (Solutions [Servers, Storage, Networking Devices, and Software] and Services), Deployment Type, Organization Size, Server Prices Band, Application Area, and Region – Global Forecast to 2025
The HPC Market size is expected to grow from USD 37.8 billion in 2020 to USD 49.4 billion by 2025, at a CAGR of 5.5% during the forecast period. The demand for HPC is driven by the increasing need for efficient computing enhanced scalability, and reliable storage, emerging need for the high speed data processing with accuracy, adoption of HPC in the cloud.
The server solution segment to hold a larger market size during the forecast period
The components is subsegmented as Solutions as services.The solutions segment further subsegmented as server, storage, networking devices, software. The server solution segment is projected to contribute majorly to the HPC market among the solutions. This growth these segments are supported by enterprises are transforming to the digital world and cloud adoptions by enterprises from verticals across the world.
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SMEs segment to grow with higher market size during the forecast period
The Small and Medium size enterprises (SMEs) segment is expected to grow with a higher rate contributing to the market. This growth of SMEs is supported by the implementation of the HPC solution, along with services, is expected to result in better risk mitigation, reduced administrative overhead, reduced cost of compliance, favorable business outcomes, and improved business efficiency for SMEs.
The major players in the HPC market are AMD (US), Intel (US), HPE (US), IBM (US), Dell (US), Lenovo (China), Fujitsu (Japan), Atos (US), Cisco (US), NVIDIA (US), Sugon (China), AWS (US), and Dassault Systems (France). These players have adopted various growth strategies, including new product launches, partnerships, agreements, mergers and acquisitions, and business expansions. New product launches and partnerships were the two major strategies adopted by these players to achieve a strong foothold in the HPC market.
Intel was founded in 1968 and is headquartered in Santa Clara, California, US. The company provides networking, computer, and communications platforms to a large number of customers, including ODMs; OEMs; cloud service providers; and communications, industrial, and automotive equipment manufacturers. Intel design and develops key products and technologies that power the cloud and smart, connected world. In November 2020, Intel enhanced its Intel Xeon Scalable processors by announcing 3rd Gen Intel Xeon Scalable processors. Enhanced Xeon delivers the increased performance for HPC workloads with higher memory bandwidth, a new core architecture, increased processor cores, and faster input/output.
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AMD was founded in 1969 and is headquartered in Sunnyvale, California, US. It operates as a semiconductor company worldwide. AMD primarily offers the x86 microprocessor as a standalone device or incorporated into an Accelerated Processing Unit (APU); discrete Graphics Processing Units (GPUs), chipsets, and professional graphics; and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles. The company also licenses portions of its intellectual property. In November 2020, AMD launched the AMD Instinct MI100 accelerator with the ROCm 4.0 open ecosystem to support scientific workloads. These products redefine the and scientific research. Additonally, In November 2020, AMD and IBM signed an agreement to enhance and extend the security and AI offerings of both companies. The joint development enhanced and supported a board range of accelerators across HPC and enterprise critical capabilities, such as virtualization and encryption.
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Source: High Performance Computing (HPC) Market Growing at a CAGR 5.5% | Key Player Intel, HPE, IBM, DELL, Lenovo
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