According to study, “Global High Performance
Computing Market - Trends & Forecast, 2017-2023”
some of the major companies that are currently working in the global high
performance computing market are IBM Corporation, Hewlett Packard Enterprise
Company, Intel Corporation, Microsoft Corporation, Cisco Systems, Inc, Advanced
Micro Devices, Inc., Fujitsu Ltd, Oracle Corporation, Dell Inc, Hitachi Ltd.
High-performance computing (HPC)
is the use of super computers and parallel processing techniques for solving
complex computational problems. It is typically used for solving advanced
problems and performing research activities through computer modeling,
simulation and analysis. It has the ability to deliver sustained performance
through the concurrent use of computing resources. An HPC system involves all
types of servers and microservers used for highly computational or data
intensive tasks. Presently, HPC has been firmly linked to the economic
competitiveness and scientific advances it is becoming important to nations.
HPC evolved due to meet increasing
demands for processing speed. It brings together several technologies such as
computer architecture, algorithms, programs & electronics, and system
software. A highly efficient HPC system requires a high-bandwidth, low-latency
network to connect multiple nodes and clusters. It is implemented in
multidisciplinary areas such as climate modeling, oil & gas industry
modeling, geographical data, biosciences, electronic desing automation and
media & entertainment. They are used for completing an operation under a
tight deadline, performing a high number of operations per second and
completing a time consuming operations within the stipulated time.
On the basis of component, market
is sub-segmented into the server, storage, networking devices, and software. On
the basis of deployment, market is sub-segmented into on-premise, and on-cloud.
On the basis of organization, market is segmented into small & medium sized
enterprises and large enterprises. Moreover, on the basis of verticals, market
is sub-segmented into IT & telecommunications, BFSI, retail, healthcare,
manufacturing, energy & utilities and transportation.
There are some growth drivers of
HPC market such as a higher rate of HPC adoption in government, industrial, and
enterprise application, need for high computational capabilities & complex
application management and adoption of cloud high-performance computing etc.
Some restraining factors for HPC are lack of expertise & high cost in maintenance
and advancement in high performance workstations etc.
Nowadays, there is a huge demand
of HPC, from the industrial and government. This technology is emerging
prominently in government for national defense and security requirements. HPC
is proving beneficial for development and design of advanced vehicles, weapons,
high-resolution image processing, satellite mapping, and cryptographic analysis.
It is the main reason that tends the government to invest in high-performance
computing.
HPC is highly adopted in
aerospace, automotive, steel and welding, consumer packaged goods and
manufacturing, energy consumption and production, healthcare, finance, sports
and entertainment, weather forecast and space research. The US is adopting
high-performance computing in different industry verticals. It has helped many
industries and enterprise to discover new things, and innovating their products
and services.
In 2017, global HPC computing
market had generated USD 31 billion. North America holds the largest market
share in the high performance market due to the rapid adoption of the latest
technological advancements. Networking devices provide organizations with
optimum networking solutions that help them overcome the issues of traditional
networks that are highly static and associated with high operational overheads
and manual intervention. The market is growing increasingly due to
technological advancements, data convergence and stable memory development. It is
expected to reach a market value of USD 50 billion by 2023 growing with 8%
CAGR.
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