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
Rising IoT Application to Fuel Market Growth
The global high-performance computing market is expected to grow at a considerable rate with the rise in IoT adoption across various industries and sectors. IoT enables interconnecting different devices without the need for human intervention. IoT is gaining popularity in industries as well as households and high-performance computing will be required to process the information generated by it. IoT will also enable access to real-time information to make decision-making more informed and efficient.
High-performance computing can also lead to better management practices and amplify the reach of global franchises. For example, using high-performance computing techniques, Wal-Mart has been able to manage and operate its stores not just in the US, but all over the world. The global high-performance computing market stands to benefit as well-known companies and conglomerates utilize the technology to expand and strengthen their businesses.
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.
- By Data Type
- By Component
- By Industry Vertical
- Government and defence
- IT and Telecom
- Banking, financial services, and insurance (BFSI)
- Transportation and logistics
- Retail and consumer goods
- Media and entertainment
- By Deployment
- On Premise
- On Cloud
- By Geography
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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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