Press release

Cloud High Performance Computing (HPC) Market Evolving Technology, Trends and Demand 2022- Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise

 

 
This report discusses many vital industry facets that influence Global Cloud High Performance Computing (HPC)  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

The Cloud High Performance Computing (HPC) Market was valued at USD 4.50 billion in 2020 and is expected to reach USD 11.54 billion by 2026, at a CAGR of 16.68% over the forecast period 2021 - 2026.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise, Sugon Information Industry Co. Ltd, Fujistu Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Dell Technologies Inc., Cray Inc., Lenovo Group Ltd, Amazon Web Services, NVIDIA Corporation

News and Updates

- April 2018 - Hewlett Packard Enterprise partnered with three UK universities to supply ARM-powered HPC Systems. HPEs deployments are expected to be used to explore the potential of ARM-based HPC for academic and industrial applications.

Market Overview

The emergence of big data and complex applications, such as ultra-high definition workflows, electronic design automatic simulations, etc., across various industries, is driving growth in the market.

- Moreover, the incorporation of machine learning is increasing for achieving a brand advantage, especially in public-centric services, with every major player investing in this technology. This is supported by cloud high-performance computing, which helps in database management at reduced cost and higher speed.

- There has been an increase in the deployment of autonomous vehicles across many industries, including aerospace, healthcare, automotive, and e-commerce. From factories to distribution centers, vehicles are useful for any business. Thus, to run the process smoothly, several software programs run simultaneously. This is where high performance computing (HPC) becomes extremely important.

- For instance, in November 2018, Intel unveiled Cascade Lake Advance Performance (AP), a 48-core Xeon variant aimed at the high-performance computing crowd. Intel characterized the new AP processor line as designed for the most demanding high-performance computing (HPC), artificial intelligence (AI), and infrastructure-as-a-service (IaaS) workload.

- However, the rising concerns related to the safety and legitimate use of this data is a major challenge for the growth of this market.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

HPC IaaS
HPC PaaS
Data Organization and Workload Management
Clustering Software and Analytics Tool
Professional Service
Managed Service

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Small and Medium Businesses (SMBs)
Large Enterprises

Regional and Country-level Analysis

- In Asia-Pacific, India and China dominate the cloud HPC market and these two countries are the emerging economies of the world. Further, after the United States, China claims to have one of the better-developed HPC systems, having ramped up HPC investment quicker than the other countries.

- A major driver for the market in China is the countrys National AI Development Plan released in July 2017, which revealed the country is committed to spending USD 22.15 billion on artificial intelligence research by 2020, and USD 59.07 billion by 2025. This plan is aimed at positioning China as a market leader in artificial intelligence in driverless technology, consumer artificial intelligence applications, telemedicine, and bio-pharmacy, and it is expected to create huge potential for the development of cloud high performance computing (HPC) market.

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Cloud High Performance Computing (HPC) Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Cloud High Performance Computing (HPC) market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Cloud High Performance Computing (HPC) market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Cloud High Performance Computing (HPC) Market report.

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https://www.marketinsightsreports.com/report/purchase/02082591500?mode=su?Mode=S21

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.


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