High Performance Computing Market Overview, Merger and Acquisitions , Drivers, Restraints and Industry Forecast By 2028

Global high-performance computing (HPC) market size reached USD 41.07 Billion in 2020 and is expected to register a CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for high-speed data processing with precision is expected to drive global high-performance computing (HPC) market revenue growth to a significant extent over the forecast period. Increasing focus on high-performance computing hybrid solutions is expected to further propel revenue growth of the global high-performance computing market going ahead. Rising investments in Industrial Internet of Things (IIoT) is also expected to boost global high-performance computing market growth in future.

High performance computing systems are smaller, simpler and less costly. It consists of multitude of cores and processors that can run large scale application programs with efficiency, accuracy and high speed. Increasing demand for time-efficient data processing with high levels of accuracy in various end-use sectors has significantly contributed to the revenue growth of the market. According to a latest analysis by Emergen Research, the global high-performance computing market size is expected to reach USD 66.46 Billion in 2028 and register a CAGR of 6.3% throughout the forecast period.

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Some Key Highlights From the Report

• Solution segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing high-performance computing adoption among various industries is expected to boost rapid revenue growth of this segment.
• In terms of revenue, the on-premises segment is expected to lead during the forecast period due to increasing government focus on protecting confidential national defense data and information.
• In terms of market share, the healthcare segment is expected to lead during the forecast period due to rising implementation of high-performance computing in healthcare applications for data management, simulation, next-generation sequencing, and modeling.

Key players in the market include International Business Machines Corporation, Advanced Micro Devices, Inc., Hewlett Packard Enterprise, Intel Corporation, Lenovo Group Limited, Dell Inc., Atos SE, Cisco Systems, Inc., Nvidia Corporation, and Amazon Web Services.

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Emergen Research has segmented the global high-performance computing market on the basis of component, deployment, application, and region:

• Component Outlook (Revenue, USD Billion; 2018–2028)
  • Solutions
  • Services
• Deployment Outlook (Revenue, USD Billion; 2018–2028)
  • Cloud-based
  • On-premises
• Application Outlook (Revenue, USD Billion; 2018–2028)
  • Healthcare
  • Gaming
  • Retail
  • BFSI
  • Government
  • Manufacturing
  • Education
  • Transportation
  • Others
• Regional Outlook (Revenue, USD Billion; 2018–2028)
  • North America
    1. S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. K.
    3. France
    4. Italy
    5. Spain
    6. BENELUX
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA