DUBLIN--(BUSINESS WIRE)--The "High Performance Computing Market by Component (Solutions (Servers, Storage, Networking Devices, and Software), and Services], Deployment Type, Organization Size, Server Price Band, Application Area, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
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 CAGR of 7% during the forecast period.
Data center operators face increased needs for data center architecture which supports complex applications, in every business process and research. The HPC technology provides excellent computing power and enhanced performance for running advanced applications. It uses parallel supercomputers and clusters of computers where aggregation of computing power is needed for delivering higher performance. These solutions are fueling the growth of the HPC market, as organizations are adopting them to cater to their complicated business needs.
The market is segmented on the basis of components into solution and services. The solutions considered for the high performance computing market include servers, storage, networking devices, and software. The services considered for the HPC market include design and consulting; integration and deployment; and support, maintenance, and management. The services segment is expected to grow at a higher CAGR due to the increased need for customized design and improved operability.
The deployment type for the high performance computing market consists of on-premises and cloud. The cloud deployment type is expected to grow at a higher CAGR. The cloud deployment type helps minimize an organization's operational costs by eliminating the need to buy an additional computing resource. Moreover, the cloud deployment type comes with cost benefits, which has enabled small enterprises to take advantage of its benefits.
- Cisco Systems
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 High Performance Computing Market, By Component
7 High Performance Computing Market, By Deployment Type
8 High Performance Computing Market, By Organization Size
9 High Performance Computing Market, By Server Price Band
10 High Performance Computing Market, By Application Area
11 High Performance Computing Market, By Region
12 Competitive Landscape
13 Company Profiles
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