According to a new market research report, "High Performance Computing Market by Components Type (Servers, Storage, Networking Devices, & Software), Services, Deployment Type, Server Price Band, Vertical, & Region - Global Forecast to 2020", published by MarketsandMarkets, the HPC market is estimated to grow from USD 28.08 Billion in 2015 and projected to be of USD 36.62 Billion by 2020, at a high Compound Annual Growth Rate (CAGR) of 5.45% during the forecast period.

Browse 66 market data Tables and 34 Figures spread through 162 Pages and in-depth TOC on "High Performance Computing Market"

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The high performance computing market by deployment type includes on-premises and cloud deployment. The HPC market is no longer limited to the on-premises deployment type as on-demand is also gaining traction and is estimated to portray great opportunities in the next five years.

The HPC market is thriving, and in the next five years it will present huge potential opportunity in the high-speed server solutions and services segment. The report provides detailed insights into the global high-performance computing market. The market has been segmented into diverse industry verticals, namely, Industrial Manufacturing, Life Sciences, Energy, Chemical, Government & Defense, Academic Institutions, BFSI, Media, Gaming, Transportation & Logistics, Retail, Earth Science, and others.

The APAC HPC market is expected to be the fastest-growing region

Considering the regional trends of the HPC market, North America is projected to hold the largest market size. The market in APAC is in the growth phase and is the fastest-growing region for the global data HPC market. This is mainly attributed to the growing focus of the market players to the great opportunities in the HPC market along with the increasing number of data centers and developing infrastructure in this region. On the other hand, the Latin America region is in the introductory phase in terms of adoption of HPC solutions.

Though the initial investment involved is huge in HPC technology, the benefits of this technology are numerous. Therefore, HPC is not just expected to strengthen its footprints in scientific, research and businesses, but also in enterprises. There are great opportunities in this space due to emerging cloud-based services and new era of exascale computing; hence various companies are coming up with innovative HPC solutions and services.

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The major vendors providing HPC solutions and services are AMD, Intel, SGI, Dell, Atos SE, and Fujitsu among others. These players adopted various strategies such as new product launch, partnership, collaboration, acquisitions and expansions to become competitive in the market.

The scope of the report covers detailed information regarding the major factors influencing the growth of the High Performance Computing Market, such as drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, partnerships, collaborations, expansions, and competitive landscape associated with the HPC market.

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