DUBLIN--(BUSINESS WIRE)--The "High-Performance Computing Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
High-performance computing (HPC) software market is anticipated to witness a CAGR of 6.0% over the forecast period (2021-2026).
Companies Mentioned
- Amazon Web Services Inc.
- ANSYS, Inc.
- Dassault Systemes
- Dell EMC
- Google Inc.
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
Key Market Trends
Cloud Based High-Performance Computing Software is Driving the Growth
- Enterprises across regions are deciding to rent HPC applications via the cloud to solve complex mathematical modeling problems, as they see benefits beyond costs. As a result, the cloud high-performance computing (HPC) has seen an uptick in the past few years.
- Cloud HPC providers are gaining significant returns, by maintaining competitive costs, rapid innovation, and portfolio expansions. For instance, Microsoft acquired Cycle Computing, a US-based company that provides software for orchestrating computing and storage resources in cloud environments, to upgrade its FPGA-accelerated Azure cloud. Microsoft's long-term strategy appears to move toward an FPGA approach.
- According to the report of Eurostat (European Commission), European enterprises have shown a growth of 8% to 10% for cloud adoption over the period 2014 - 2018. Major European countries who were spotted up in the list are Finland, Sweden, Denmark, Netherlands, and the UK.
Asia-Pacific is the Fastest Growing Region
- The region's strong manufacturing industry and investments in technologies driving HPC, such as IoT and AI, are likely to make it a lucrative market for cloud HPC vendors. Vendors have made significant investments to cater to Asia-Pacific's robust manufacturing sector, which increasingly relies on simulation and cloud computing to lower production costs, and improve operational effectiveness, in order to maintain their competitiveness in the global market.
- Specifically, China, Japan, South Korea, India, and Australia are creating huge potential for HPC software in the coming years. The Chinese government has declared to invest USD 47 billion in its semiconductor industry to cut out non-indigenous devices in the process of manufacturing and design, which will eventually create potential space for high-performance computing technology in the country for the forecast period.
- In 2018, Japan has upgraded one of its meteorology center with high-performance computing technology with an investment of USD 36 million and has a plan to invest more USD 54 million over the next five years.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Cloud Based High-Performance Computing Software is Driving the Growth
4.3.2 Innovation in Virtualization Technology
4.3.3 Expansion and Diversification of IT Industry
4.4 Market Restraints
4.4.1 Data Security Concerns in High Availability Cloud Model
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Deployment Type
5.1.1 On-premise
5.1.2 Cloud
5.2 By Industrial Application
5.2.1 Aerospace & Defense
5.2.2 Energy & Utilities
5.2.3 BFSI
5.2.4 Media & Entertainment
5.2.5 Manufacturing
5.2.6 Life-science & Healthcare
5.2.7 Design & Engineering
5.2.8 Other Industrial Applications
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/9tgx97
