High Performance Computing Market Report

High Performance Computing Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: GVR934

The high performance computing market has experienced growth as a result of increased adoption in data centers backed by substantial government initiatives. High performance computing helps in solving problems pertaining to recurring and complex operations more efficiently as compared to a standalone computer. Application areas include weather forecasting, quantum mechanics, molecular modeling, and physical simulation. Cloud-based approach has encouraged SMEs to enter the market as it helps them to minimize initial investments for building infrastructure and hardware implementation.

High performance computing applications have been increasingly used in simulation and scientific modeling of several events and processes. Use in scientific computing for delivering flexible, cost-effective solutions is expected to favorably impact market growth. Increased demand for commercial web applications is expected to drive high performance computing solutions’ adoption globally.

Advancements in cloud computing, big data convergence, development of new embedded processors’ solutions, hot water cooling, and non-volatile memory development are some factors expected to drive market growth over the forecast period. Increased emphasis on security and competitiveness has forced governments across the globe to assist enterprises in the adoption of high performance computing. The market caters to several verticals such as biotech, communications, and defense.

Pricing holds the bearing in determining the high performance computing market potential. Need for sophisticated power and cooling equipment coupled with high cost of compute resources is expected to restrain market growth. The high performance computing market can be segmented based on deployment type, components & services, and application. Deployment type can be further sub-divided into cloud, and on-premise. Components used in these systems include networking devices, servers, software and storage. Services are further classified into design & consulting, integration & deployment, and training & outsourcing. The applications segment is sub-divided into gaming, government & defense, life sciences, retail, and weather.

Companies providing solutions in the high performance computing market have focused on developing solutions for maintaining accuracy, fast convergence, and stability in order to gain competitive advantage. Key market players include AMD, Bull, Cisco, Dell, HP, IBM, Intel, Microsoft, and Oracle.

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