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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.

drive the market during

drive the market during the forecast period. The support, maintenance and management services segment is expected to grow at a considerable CAGR during the forecast period By service, the HPC market has been segmented into design and consulting; integration and deployment; and support, maintenance, and management. The support, maintenance and management services include support related to the implementation and use of products, provided by HPC vendors. Maintenance services facilitate upgrades to the existing systems and provide assistance for solving issues related to products. As the deployment of HPC solutions is increasing, the demand for support, maintenance, and management services is also gaining traction. The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period By service, the High Performance Computing Market has been segmented into design and consulting; integration and deployment; and support, maintenance, and management. The support, maintenance and management services include support related to the implementation and use of products, provided by HPC vendors. Maintenance services facilitate upgrades to the existing systems and provide assistance for solving issues related to products. As the deployment of HPC solutions is increasing, the demand for support, maintenance, and management services is also gaining traction. Enquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=631 North America is expected to dominate the HPC market during the forecast period On the basis of regions, the global HPC market is segmented into North America, Asia Paci c (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is estimated to have the largest market size in 2017, owing to the presence of a large number of vendors and rapid adoption of HPC solutions in this region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The primary driving forces for this growth are the increasing awareness and adoption of effective and scalable solutions in this region. The report also includes different growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to increase their shares in the market. Some of the major technology vendors in the High Performance Computing Market include AMD (US), Atos (France), AWS (US), Cisco Systems (US), Cray (US), DDN (US), Dell (US), Fujitsu (Japan), Hitachi Vantara (US), HPE (US), Huawei (China), IBM (US), Inspur (China), Intel (US), Lenovo (US), Microsoft (US), NEC (Japan), NetApp (US), NVIDIA (US), Oracle (US), Panasas (US), Penguin Computing (US), Spectra Logic (US), Sugon (China), and Xilinx (US). Browse Related Reports Hyperscale Data Center Market by Solution (Server, Storage, Networking, Software), Service (Consulting, Installation and Deployment, Maintenance and Support), End-User, Data Center Size, Industry, and Region - Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/hyperscale-data-center-market-26026183.html Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets provides quanti ed B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top of cers 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, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to bene t 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 agship competitive intelligence and market research platform, "RT" 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. Salgarkar MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets SOURCE MarketsandMarkets

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