High Performance Computing Market to Hit 5.45% CAGR to 2020 Driven by Higher Computational Power Drives

Feb 10, 2016, 03:00 ET from ReportsnReports

PUNE, India, February 10, 2016 /PRNewswire/ --

Global high performance computing market is projected to reach USD 36.62 Billion by 2020, at a CAGR of 5.45% with higher computational power driving the HPC market growth with Asia-Pacific (APAC) expected to witness the highest growth and HPC servers to gain maximum market share during the forecast period.

Complete report on global high performance computing market spread across 162 pages, profiling 10 companies and supported with 66 tables and 34 figures is now available at http://www.reportsnreports.com/reports/273323-high-performance-computing-market-server-storage-networking-software-middleware-cluster-fabric-management-performance-optimization-professional-services-deployment-models-price-bands-global-market-forecasts-analysis-2013-2018-.html .

The HPC market is expected to grow at a CAGR of 5.45% during 2015-2020. The emergence of big data has increased the demand for systems that can handle data intensive workload. HPC clusters are systems that can easily handle vast amount of data and extensively support high performance data analysis. The improved data collection technology provides lively images for simulations, medical, life science, video rendering, and such other applications. All these applications require higher processing power and speed for data analysis and results. Better scans, HDTV, multi-layer scans, and enhanced information gathering abilities all adds to the requirement of more CPUs and quicker storage solutions that is delivered through HPC and helps in driving the market.

The market in APAC is in the growth phase and is the fastest-growing region for the global HPC market. This is mainly attributed to the growing focus of the market players to address the demands of higher processing power with reliable and quicker response time. On the other hand, Middle East and Africa (MEA) is aiming toward the growth phase while Latin America is still in the introductory phase in terms of adoption of HPC solutions.

HPC servers market is estimated to contribute the largest market share in terms of components type. Storage, networking devices, and software solutions are also seen with higher prospects in coming years. Moreover, the services market is estimated to have great opportunities and projected to grow at a high CAGR in the next five years.

Prominent vendors in the HPC space include AMD, Cray, Cisco Systems, Intel Corporation, SGI, HP, Dell, IBM, Atos SE, and Fujitsu among various others. With the rapid development of new technologies, the new vendors are emerging in the market, especially in the area of cloud computing. Also, the vendors are focusing on providing the HPC solutions converged with big data technologies. This latest trend is gaining significant traction and is growing steadily. Order a copy of High Performance Computing Market by Components Type (Servers, Storage, Networking Devices, & Software), Services, Deployment Type, Server Price Band, Vertical, & Region - Global Forecast to 2020 research report at http://www.reportsnreports.com/purchase.aspx?name=273323 .

From an insight perspective, this research report has focus on various levels of analysis-industry analysis, analysis of top players, their offered products and services, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the HPC market, high-growth regions, drivers, restraints and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help the firms in garnering a larger market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to strengthen their market shares.

On a related note, another research on Cloud High Performance Computing (HPC) Market Global Forecast to 2020 says, the cloud HPC market size is estimated to grow from USD 4.37 billion in 2015 to USD 10.83 billion by 2020, at an estimated compound annual growth rate (CAGR) of 19.9% from 2015 to 2020. The cloud HPC market is driven by factors, such as complex applications management, emergence of big data market, and adoption of pay-as-you-go model. Companies like IBM Corporation, Microsoft Corporation, Google, Dell, Amazon Web Services, Penguin Computing, Sabalcore Computing, Adaptive Computing, Gompute and Univa Corporation have been profiled in this 119 pages research report available at http://www.reportsnreports.com/reports/435512-cloud-high-performance-computing-hpc-market-by-service-type-hpc-iaas-hpc-paas-data-organization-and-workload-management-clustering-software-and-analytics-tool-professional-service-and-managed-service-global-forecast-to-2020.html .

Explore more reports on IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/ .

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