[134 Pages Report] 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.
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In the current scenario, the sudden shutdown of offices, schools, colleges, and physical retail stores has massively disrupted operations; this has led to an increase in the demand for digital workplace tools and services. As the COVID-19 pandemic has been spreading all over the globe, most of the people prefer to work from home rather than from a local office, head office, or global branch of an organization and therefore require mobility in terms of access to office resources and data. The demands the additional demand for the cloud technology and cloud services. The COVID-19 wave is expected to continue across the globe, and the impact will be seen till the end of Q4 2020. The impact on the market is expected to reduce as we enter the Q1 2021. Covid-19 impacted the HPC market positively as a huge workforce of enterprises across the world are working from home. This demands improved HPC. The covid-19 pandemic offers ample opportunities for vendors of the HPC market.
The main factor driving the growth of the HPC market is the ability of HPC solutions to process large volumes of data with speed and accuracy. The industry verticals where applications are encountering slow and inefficient data processing issues include finance, medical, research, seismic exploration, and government and defense. The quick-paced nature of the financial market makes vitality crucial so that the derivative valuations are processed faster and more accurately. In the medical field, applications such as Computed Tomography (CT) scanning and Magnetic Resonance Imaging (MRI) require quick, accurate results from the processing of complex algorithms. HPC helps them in reducing the compute time considerably and processes the CT and MRI data quickly and with accuracy. Therefore, the increasingly need in various fields for faster processing of data with high accuracy is one of the major factors driving the growth of the HPC market.
One of the major factors restraining the growth of the HPC market is the high Capital Expenditure (CAPEX) and OPEX involved. The cost for setting up an HPC and maintaining it is high. There is a huge CAPEX involved, including the hardware and software costs. The OPEX for HPC involves energy costs, human resources, and maintenance and repair costs. This high cost of initial investment as well as maintenance restricts startups and SMEs from adopting HPC. Furthermore, there is an increasing expenditure involved when enterprises transition from on-premises to the cloud infrastructure. Both these factors are expected to severely restrain the HPC market from moving forward.
With the growing demand for HPC solutions and increasing advancements in technology, organizations today are focusing on hybrid HPC solutions. IT teams are fiercely working on establishing a balance between cloud and on-premises HPC solutions. Enterprises are scaling out on-premises HPC resources as needed. Simultaneously, Cloud Service Provides (CSPs) have also started to offer turn-key HPC solution environments that are tailored to the specific workload needs of enterprises. A hybrid HPC solution results in better efficiencies. Apart from this, it also resolves security and privacy concerns as well as lowers the maintenance cost. Therefore, the increasing focus on hybrid HPC solutions is expected to provide tremendous opportunities for the growth of the HPC market.
The potential users in many SMEs lack awareness about the benefits of HPC and do not the budget to set up such systems. SMEs in many developing nations are still skeptical about adopting HPC, due to the high investment costs involved. Many of them are unaware about the various advantages that HPC offers, such as better performance and customizable delivery. These enterprises also lack the technical expertise needed to establish and run an HPC system. However, cloud computing can boost the use of HPC among SMEs, as it will considerably cut down the costs for them.
The scope of the report covers the HPC market by component (Solutions and services), Deployment type, orbanization size, server price band, application areas, and region. Among these components is subsegmented as Solutions as services. Out of these, services segment is expected grow with higher CAGR during forecast period. HPC solutions are expected to be gaining traction among the industry verticals, owing to various advantages, such as performance and scalability. With increasing adoption of the HPC solutions demand for the HPC services is expected to increase.
By application areas, The HPC market is subsegmented as government and defense, BFSI, Education and research, manufacturing, healthcare and life sciecnes, energy and utilities, earth sciences; and others (retail, transportation, travel and hospitality and real estate). Healthcare and life sciences application area is expected to grow at the significant CAGRs as HPC is being implemented widely in applications areas of healthcare and life sciences for simulation, data management, modeling, next generation sequencing, and various other applications. HPC solutions provide the necessary computational power for these applications and help in tackling challenges pertaining to the healthcare and life sciences industry.
The North American HPC market is already mature for HPC, and a significant number of new installations of HPC and upgrade of the existing data center infrastructure systems have taken place to date. Currently, the United States (US) holds the highest share in the HPC market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.
Market players profiled in this report include 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 offer various HPC solutions to cater to the demands and needs of the market. Major growth strategies adopted by the players include partnerships, acquisitions, collaborations and agreements, and new product launches/product enhancements.
Market size available for years
Base year considered
Components (Solutions [Servers, Storage, Networking Devices, Software] and Services[Design and Consulting, Integration and Deployment, Support, Maintenance and Management]), Deployment Type (Cloud and on-premises), Organization Size (SMEs and Large Enterprises), Server Price band, Application areas (government and defense, BFSI, Education and research, manufacturing, healthcare and life sciences, energy and utilities, earth sciences; and others [retail, transportation, travel and hospitality and real estate]), and Region
North America, APAC, Europe, Latin America, and MEA
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)
This research report categorizes the HPC market based on components (solutions and services), deployment type, enterprise size, server price band, application areas, and regions.
What are the opportunities in the HPC market?
Emerging technologies, such as cloud, IoT, AI, and mobility, for real-time data analysis and advent of exascale computing to maximize the benefits of HPC are expected to create ample opportunities for HPC vendors.
What is the competitive landscape in the market?
HPC vendors are implementing various growth strategies to increase their market share and offerings in the market. The market size analysis of the key industry players has been done based on various parameters, such as the number of HPC stakeholders, depth of product offerings, and the revenue generated.
What are the major factors for the growth of the HPC market in North America?
Factors, such as inclination towards IT moderenization for better business efficiency, strong presence of market players, strong economic landscape, and high technology assimilation drives the demand for HPCs in North America .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 14)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
2 RESEARCH METHODOLOGY (Page No. - 18)
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
126.96.36.199 Breakdown of primaries
188.8.131.52 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.3 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 24)
4 PREMIUM INSIGHTS (Page No. - 28)
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE HIGH PERFORMANCE COMPUTING MARKET
4.2 MARKET, BY APPLICATION AREA AND REGION
4.3 LIFE CYCLE ANALYSIS, BY REGION
5 MARKET OVERVIEW (Page No. - 31)
5.2 MARKET DYNAMICS
184.108.40.206 Increasing need for efficient computing, enhanced scalability, and reliable storage
220.127.116.11 Need to process data with speed and accuracy
18.104.22.168 Adoption of HPC in the cloud
22.214.171.124 Data security concerns
126.96.36.199 High CAPEX and OPEX
188.8.131.52 Increasing focus on hybrid HPC solutions
184.108.40.206 Advent of exascale computing to maximize the benefits of HPC
220.127.116.11 Lack of knowledge and limited budget among SMEs
5.3 USE CASES
5.3.1 FRAUD DETECTION SYSTEMS FOR FINANCIAL INSTITUTIONS
5.3.2 NEED FOR MODELLING AND SIMULATION ANALYSIS AMONG AUTOMOTIVE COMPANIES
5.3.3 ACCURATE PREDICTION CAPABILITIES FOR WEATHER AND CLIMATE MODELLING ORGANIZATIONS
5.3.4 HIGH PERFORMANCE COMPUTING FOR ENTERPRISES DEVELOPING PRECISION MEDICINE
5.3.5 HIGH PERFORMANCE COMPUTING SOLUTIONS FOR THE EDUCATION AND RESEARCH SECTOR
5.4 REGULATORY FRAMEWORK
5.4.1 EUROPEAN TECHNOLOGY PLATFORM FOR HIGH PERFORMANCE COMPUTING (ETP4HPC)
5.4.2 HIGH PERFORMANCE COMPUTING ACT OF 1991 (HPCA)
5.4.3 TELECOMMUNICATIONS INFRASTRUCTURE STANDARD FOR DATA CENTERS
5.4.4 DISTRIBUTED MANAGEMENT TASK FORCE (DMTF)
5.4.5 STORAGE NETWORKING INDUSTRY ASSOCIATION (SNIA) AND CLOUD DATA MANAGEMENT INTERFACE (CDMI)
6 HIGH PERFORMANCE COMPUTING MARKET, BY COMPONENT (Page No. - 38)
18.104.22.168 Supercomputer and divisional systems
22.214.171.124 Departmental and workgroup systems
6.3.3 NETWORKING DEVICES
6.4.1 DESIGN AND CONSULTING
6.4.2 INTEGRATION AND DEPLOYMENT
6.4.3 SUPPORT, MAINTENANCE, AND MANAGEMENT
7 HPC MARKET, BY DEPLOYMENT TYPE (Page No. - 47)
8 HIGH PERFORMANCE COMPUTING MARKET, BY ORGANIZATION SIZE (Page No. - 51)
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES
8.3 LARGE ENTERPRISES
9 HPC MARKET, BY SERVER PRICE BAND (Page No. - 55)
9.2 USD 250,000–500,000 AND ABOVE
9.3 USD 250,000–100,000 AND BELOW
10 HIGH PERFORMANCE COMPUTING MARKET, BY APPLICATION AREA (Page No. - 58)
10.2 GOVERNMENT AND DEFENSE
10.3 BANKING, FINANCIAL SERVICES, AND INSURANCE
10.4 EDUCATION AND RESEARCH
10.6 MEDIA AND ENTERTAINMENT
10.7 HEALTHCARE AND LIFE SCIENCES
10.8 ENERGY AND UTILITIES
10.9 EARTH SCIENCES
11 HPC MARKET, BY REGION (Page No. - 67)
11.2 NORTH AMERICA
11.4 ASIA PACIFIC
11.5 MIDDLE EAST AND AFRICA
11.6 LATIN AMERICA
12 COMPETITIVE LANDSCAPE (Page No. - 87)
12.2 COMPETITIVE SCENARIO
12.2.1 NEW PRODUCT LAUNCHES
13 COMPANY PROFILES (Page No. - 91)
13.2.2 STRENGTH OF PRODUCT PORTFOLIO
13.2.3 BUSINESS STRATEGY EXCELLENCE
13.2.4 RECENT DEVELOPMENTS
13.3.2 STRENGTH OF PRODUCT PORTFOLIO
13.3.3 BUSINESS STRATEGY EXCELLENCE
13.3.4 RECENT DEVELOPMENTS
13.4.2 STRENGTH OF PRODUCT PORTFOLIO
13.4.3 BUSINESS STRATEGY EXCELLENCE
13.4.4 RECENT DEVELOPMENTS
13.5.2 STRENGTH OF PRODUCT PORTFOLIO
13.5.3 BUSINESS STRATEGY EXCELLENCE
13.5.4 RECENT DEVELOPMENTS
13.6.2 STRENGTH OF PRODUCT PORTFOLIO
13.6.3 BUSINESS STRATEGY EXCELLENCE
13.6.4 RECENT DEVELOPMENTS
13.7.2 STRENGTH OF PRODUCT PORTFOLIO
13.7.3 BUSINESS STRATEGY EXCELLENCE
13.7.4 RECENT DEVELOPMENTS
13.8.2 STRENGTH OF PRODUCT PORTFOLIO
13.8.3 BUSINESS STRATEGY EXCELLENCE
13.8.4 RECENT DEVELOPMENTS
13.9 CISCO SYSTEMS
13.9.2 STRENGTH OF PRODUCT PORTFOLIO
13.9.3 BUSINESS STRATEGY EXCELLENCE
13.9.4 RECENT DEVELOPMENTS
13.10.2 STRENGTH OF PRODUCT PORTFOLIO
13.10.3 BUSINESS STRATEGY EXCELLENCE
13.10.4 RECENT DEVELOPMENTS
13.11.2 STRENGTH OF PRODUCT PORTFOLIO
13.11.3 BUSINESS STRATEGY EXCELLENCE
13.11.4 RECENT DEVELOPMENTS
13.12.2 STRENGTH OF PRODUCT PORTFOLIO
13.12.3 BUSINESS STRATEGY EXCELLENCE
13.12.4 RECENT DEVELOPMENTS
14 APPENDIX (Page No. - 123)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.5 AVAILABLE CUSTOMIZATIONS
14.6 RELATED REPORTS
14.7 AUTHOR DETAILS
The study consists of four major activities to estimate the current market size of the HPC market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the HPC market.
In the secondary research process, various secondary sources such as D&B Hoovers and Bloomberg BusinessWeek have been referred to for identifying and collecting information for this study. Secondary sources included annual reports; press releases and investor presentations of companies; white papers and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; and databases.
Various primary sources from both the supply and demand sides of the HPC market were interviewed to obtain qualitative and quantitative information for this study. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various vendors who provide HPC solutions and associated service providers operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
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For estimating and forecasting the HPC market and its other dependent submarkets, the top-down and bottom-up approaches were used. The bottom-up procedure was used to arrive at the overall market size of the global HPC market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size included the following:
With data triangulation and validation through primary interviews, the exact value of the overall parent market size was determined and confirmed using this study. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
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