The globalhigh performance computing market is poised to witness a significant growth in the coming few years, thanks to the surge in the need for efficient computing and reliable storage.
High performance computing is the technology that helps users to with faster data processing and accuracy of data. Advent of advanced technologies such as cloud computing, industrial IoT and advanced automation are the three primary drivers of the high performance computing market.
Transparency Market Research has announced to add a report on high performance computing in its ever growing repository. The report is expected to cover all segments in the high performance computing market. Along with this, the report is anticipated to have vital data that will help anticipating market growth during the forecast period.
Want to know the obstructions to your company’s growth in future? Request a brochure here
High Performance Computing Market: Notable Developments
Some of the recent development in the high performance computing market are-
- In September 2017, Cray Research Inc., a player in the high performance computing market entered into a strategic partnership with Seagate. The partnership is expected to expected to strengthen the foothold of the both the companies in the high performance computing market.
- Similarly, in October 2017, AMD, another prominent player in the industry announced the launch of new product called Embedded Radeon E9170. It is a series GPU, the device is best for the computer which need premium graphics and expanded display capabilities.
- Some of the prominent plyers operating in the global high performance computing market are MD, Atos, AWS, Cisco Systems, Cray, DDN, Dell, Fujitsu, Hitachi Vantara, HPE.
- The key players focusing on organic growth strategies such as partnerships and collaborating in order to strengthen their market position. Apart from this, they are also considering delivery of advanced solutions that are able to fit various consumer requirements.
Looking for exclusive market insights from business experts? Request a Custom Report here
High Performance Computing Market: Key Trends
The global high performance computing market is anticipated to rise at remarkable pace during the forecast period. This is mainly due to the factors such as proliferation of advanced technologies such as Internet of Things (IoT) in the recent years.
The need to improve business efficiency by resolving complex problem in several industries, such as manufacturing, energy and utilities, chemicals, government and defense and academic institutions is demanding for high performance computing to deal problem related to weather forecasting, climate change, and space explorations. Apart from this, need for a web data, databases, financial data, and applications that require higher processing power and speed is primary factor boosting the high performance computing in the coming years.