Press Release
Sci-Tech

High Performance Computing Market 2019 Analysis By Demand, Key Players, End Users, New Technologies, Types, Growth & Forecast 2022

High Performance Computing Market

The global High Performance Computing  Market is expected to grow from USD 32.11 billion in 2017 to USD 44.98 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 7.0%. Data center providers are constantly improving their infrastructure to support the complex applications used by the enterprises in their day to day operations. HPC architecture provides excellent computing power and enhanced performance for running technologically advanced applications. HPC is practice of aggregating computing power in a way that delivers a much higher performance than IT teams could get out of a typical workstation, to solve large problems in science, engineering, or business.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=631

Why more opportunities to emerge as advent of exascale computing grows to maximize the benefits of HPC?

The arrival of exascale computing is seen as one of the biggest opportunities that will maximize the benefits of HPC. Exascale refers to computing systems that are at least 50 times faster than the most powerful supercomputers in use today. Exascale computing will provide advanced modeling and simulation solutions that will address the key challenges in scientific discovery, energy assurance, economic competitiveness, and national security. The Exasclae Computing Project is a collaborative effort of 2 US Department of Energy (DOE) organizations: the Office of Science (DOE SC) and the National Nuclear Security Administration (NNSA). With the increasing volumes of data, HPC systems are demanding both greater memory capacity and high performance bandwidth to operate efficiently. Exascale computing will address both these challenges, thereby providing huge opportunities to the HPC market to flourish.

How lack of knowledge and limited budget among SMEs posing a challenge?

The potential users in many SMEs lack awareness about the benefits of HPC and do not have 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.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
MnM Blog: https://mnmblog.org
Content Source: https://www.marketsandmarkets.com/PressReleases/Quantum-High-Performance-Computing.asp