Research Nester’s recent market research analysis on “High Performance Computing Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitor’s analysis and a detailed overview of the global high performance computing market in terms of market segmentation by components, services, deployment, organization size, server price band, application and by region.

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Protection of Confidential Data to Promote Global Market Share of High-Performance Computing Market

The global high performance computing market is estimated to grow on account of security of sensitive data. Businesses using ways to prevent database attacks mainly in the defence sector. Furthermore, latest technologies including face recognition and global security databases are being implemented and it is expected that defence industry will introduce these systems to prevent such attacks. For instance, a report published by IBM, a technology company states that the average cost of a data breach nationwide in 2023 was USD 5 million, 15% increase from last 3 years. As a result, around 51% of organizations are planning to increase security investments. On-premise HPC is becoming prominent in defence as the demand for security and privacy is growing across the world.

Some of the major growth factors and challenges that are associated with the growth of the global high performance computing market are:

Growth Drivers:

Businesses are investing in Internet of things (IoT) as IoT generates large amounts of data making it difficult for businesses to collect and process data efficiently.
Increase in covid-19 cases led to rise in requirement for high performance computer resources used in drug development and biomedical research.
Challenges:

The costs associated in developing and implementing advanced HPC systems is comparatively higher which includes software, hardware and infrastructure. Adoption of these systems becomes difficult by businesses because of their high upfront cost. Insufficient number of skilled workers to manage HPC. It is vulnerable to different kind of security risks which can result to data breach which is going to limit the HPC sector growth.

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By deployment, the global high performance computing market is segmented into cloud and on-premises. The on-premises segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. It enables the complete strength of HPC without being constrained by limitation with connection. According to a survey conducted, 98% of businesses are still dependent on on-premises IT infrastructures of over 500 IT decision makers Moreover, large businesses already using storage and legacy systems favors on-premise deployment of HPC solutions, which is anticipated to drive the market throughout the projection period. Government organizations and businesses use this method to withstand database assaults, especially in the military industry Therefore, the rising number of large-scale organizations also projected to dominate segment growth.

By region, Europe high performance computing market is anticipated to generate the highest revenue by the end of 2036. This growth is anticipated by capable to solve widely complex and demanding problems including cyber-attacks and introduction of advanced technologies worldwide. HPC is crucial for Europe's future economic benefits, digital transformation, and resilience in the digital decade as it capable to process and analyze large amount of data, and making the most of it for the benefit of people, businesses, researchers and public administrations. The European Commission will increase its supercomputing expenditures with USD 7 Billion in funding from Horizon Europe, the Digital Europe Program, and the Connecting Europe Facility. Its objective is to increase the capabilities of supercomputing and data processing by acquiring outstanding exascale supercomputers, post-exascale facilities, and financing an extensive strategy for HPC research and innovation.

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