The Global High Performance Computing market is accounted for $30.64 billion in 2015 and is expected to reach $47.44 billion by 2022 growing at a CAGR of 6.4%. High Performance Computing market is nowadays being linked to technological advancements and economic competitiveness, which are helping the market to compete across the globe. These advancements in computing technology had given many benefits such as faster computing capabilities, enhanced performance efficiency and smarter operation & management with high excellence of service. These all factors are fuelling the market and taking it to a next level. But increasing software hurdles are the major restraining factors of the market.
Government and Defence sector is deploying the technology at the utmost level for national security and cyber crime protection. Cloud technology is expected to grow at an exponential rate because of its increase in adoption.
In North America early adoption of technology and technological advancements are boosting the market growth.
Some of the key players in the market are Cray, Inc., Intel Corporation, Hewlett Packard, Inc. (HP), Advanced Micro Devices, Inc.
(AMD), International Business Machine Corporation (IBM), Fujitsu Limited, ATOS SE, Cisco Systems, Inc., Dell Inc. and Silicon Graphics International Corporation (SGI).