High Performance Computing (HPC) Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

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.

The components is subsegmented as Solutions as services. The services segment is further subsegmented as design and consulting, integration and deployment, support, maintenance, and management. The increasing adoption of the HPC solutions need support, maintenance, and management services. The support, maintenance, and management services include various onsite and offsite services. The onsite services include support activities, such as device repair and replacement, as well as, various de-installation services, such as disk wiping, unracking of devices, and resale and recycling of the devices.

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The Final Report will cover the impact analysis of COVID-19 on this industry: High Performance Computing (HPC) Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025

The HPC market has been segmented into the following application areas, such as 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). The government and defense sector is witnessing the rapid adoption of cutting-edge IT infrastructure solutions to improve computing efficiency and further drive the economic growth.

Asia Pacific (APAC) to register the highest growth rate during the forecast period
The APAC HPC market is experiencing slashing IT budgets and the growing IT infrastructures across organizations, which is encouraging the organizations in the region to adopt HPC solutions for streamlining their lease processes. The major countries to witness high growth rates in this region include ANZ, Japan, and China among others.

• By Company Type: Tier 1 – 33%, Tier 2 – 25%, and Tier 3 – 42%
• By Designation: C-level executives– 31%, Director Level – 34%, and Others – 35%
• By Region: North America – 42%, Europe – 28%, APAC – 22%, and RoW – 8%

Research Coverage
The market study covers the HPC market size across segments. It aims at estimating the market size and the growth potential of the market across segments by type, deployment mode, enterrpise size, end user, vertical, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall HPC market and its subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENT

1 INTRODUCTION 21
1.1 INTRODUCTION TO COVID-19 21
1.2 COVID-19 HEALTH ASSESSMENT 21
FIGURE 1 COVID-19: GLOBAL PROPAGATION 21
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 22
1.3 COVID-19 ECONOMIC ASSESSMENT 23
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 23
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 24
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 24
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 25
1.4 OBJECTIVES OF THE STUDY 26
1.5 MARKET DEFINITION 27
1.5.1 INCLUSIONS AND EXCLUSIONS 27
1.6 MARKET SCOPE 28
1.6.1 MARKET SEGMENTATION 28
1.6.2 REGIONS COVERED 29
1.6.3 YEARS CONSIDERED FOR THE STUDY 29
1.7 CURRENCY CONSIDERED 30

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