The global high-performance computing market is poised for steady growth on account of the exponential increase in the volume of data generated. Valuable market insights have been shared by Fortune Business Insights in its report, titled “High-Performance Computing Market Size, Share and Global Trend By Data Type (Structured, Unstructured, Semi-structured), By Component (Software, Hardware, Services), By Industry Vertical (Healthcare, IT and Telecom, Retail and consumer goods, media and entertainment), By Deployment (On-Premise, On Cloud), and Geography Forecast till 2026”. The report provides an in-depth market analysis of market trends and factors that will play a key role in shaping it in the forecast period. High-performance computing or cluster computing refers to aggregation or collection of computing powers of several individual computers to perform tasks that a single computer does not have the capacity to perform. These individual computers are interconnected to form a cluster to work as a single unit. Complex problems are fed into their network, which they then work together to process and resolve.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/High Performance Computing-market-100636
Top Players Overview:
- Lenovo Group Ltd.
- SAS Institute Inc.
- Intel Corporation
- IBM Corporation
- Teradata Corporation
- Cisco Systems
- Hewlett Packard Enterprise
- Oracle Corporation
- Red Hat Inc.
- Dell Inc.
- Huawei Technologies Co. Ltd.
- Microsoft Corporation.
High Costs May Hinder Market Growth
High performance computing is an expensive technology to avail as the individual hardware components have to be of high quality and reliable to function cohesively as a unit. Moreover, the entire setup depends on the cluster head. Therefore, if the cluster head crashes, the whole system crashes. Lastly, cluster computing requires vast amounts of hardware such as CPUs and screens. Monitoring and maintaining, therefore, will require additional infrastructure, swelling the costs consequently. These factors can hamper the growth of the global high-performance computing market.
Key Market Driver –
- Increasing transactions demand higher scrutiny of data for fraud detection
- Growing unstructured data on internet
- Boost in IoT to further contribute in more advanced data computation and analytics
Key Market Restraint –
- Stringent government rules and regulations
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North America to Occupy a Leading Market Position
Among regions, North America is expected to hold a dominant market share. This is owing to rapid adoption rates of IoT across various industries and presence of several major players in the region. The global high performance computing market is set to witness rapid expansion on account of growing installation of high performance computing systems in industries in Asia-Pacific. China is to expected to significantly increase its HPC centres in Asia-Pacific, augmenting the market growth. Overall, the global high performance is to experience robust growth, with IoT alone expected to generate a market revenue of more than US$ 200 Bn by 2020.
Major Table of Content For High Performance Computing Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global High Performance Computing Market Analysis, Insights and Forecast, 2026
- North America High Performance Computing Market Analysis, Insights and Forecast, 2026
- Europe High Performance Computing Market Analysis, Insights and Forecast, 2026
- Asia Pacific High Performance Computing Market Analysis, Insights and Forecast, 2026
- The Middle East and Africa High Performance Computing Market Analysis, Insights and Forecast, 2026
- Latin America High Performance Computing Market Analysis, Insights and Forecast, 2026
- Competitive Landscape
- Company Profile
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