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High Performance Computing Market worth 44.98 Billion USD by 2022

HPC 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% during the forecast period. An increasing need for efficient computing, enhanced scalability, and reliable storage is expected to propel the adoption of HPC solutions. HPC offerings can handle large volumes of data with ease and can extensively support higher processing power and speed for data analysis.

High Performance Computing Market worth 44.98 Billion USD by

High Performance Computing (HPC) Market Worth 44.98 Billion USD by 2022 NEWS PROVIDED BY MarketsandMarkets Feb 12, 2018, 11:30 ET PUNE, India, February 12, 2018 /PRNewswire/ -- According to a new market research report "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", published by MarketsandMarkets, the market size 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% during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 69 market data Tables and 33 Figures spread through 134 Pages and in-depth TOC on "High Performance Computing Market" https://www.marketsandmarkets.com/Market-Reports/Quantum-High-Performance-Computing-Market-631.html Early buyers will receive 10% customization on this report. An increasing need for ef cient computing, enhanced scalability, and reliable storage is expected to propel the adoption of HPC solutions. HPC offerings can handle large volumes of data with ease and can extensively support higher processing power and speed for data analysis. This has further fueled the demand for these solutions among end users. Networking devices are expected to grow at the highest CAGR. The networking devices segment is expected to witness the highest CAGR during 2017-2022. Networking devices provide organizations with optimum networking solutions that help them overcome the issues of traditional networks that are highly static and associated with high operational overheads and manual intervention. These bene ts are driving the High Performance Computing Market, and they are expected to

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