High Performance Computing (HPC) and High Performance Data Analytics (HPDA) Market - Snapshot
High Performance Computing (HPC) system installations have been witnessing gradual shift to High Performance Data Analytics (HPDA) systems, with the latter being in demand due to growing implementation of data and compute intensive applications. Though conventional HPC systems still support data analytics through application specific enhancements, growing demand for HPDA systems for new installations are observed worldwide. Growth in Internet of Things (IoT), enterprise automation, connected vehicles, and embedded AI are some of the technological advancements which have driven this demand shift.
As enterprises and organizations worldwide gradually embrace data analytics and look for monetization of their data assets, demand for High Performance Computing (HPC) systems and High Performance Data Analytics (HPDA) systems is forecast to observe steady growth over the period 2018-2026. Recording a CAGR of close to 25%, the global market for High Performance Computing (HPC) systems and High Performance Data Analytics (HPDA) systems is estimated to reach a value of approximately US$ 58 Bn by 2026. A large share of this growth is accounted for by hardware (servers and storage), with software applications and the cloud segment analyzed to emerge as leading solutions with respect to compound annual growth rate. Industries such as biosciences (healthcare), government, and defense are expected to retain their dominant market position over the forecast period, in terms of market revenue size. Simulation and engineering design and fraud analytics applications across industries such as geoscience and BFSI are projected to drive how the market evolves in the long run.
For the market to see sustainable growth and retain the growth curve, it is expected to tap into demand from enterprise customers, exploring opportunities in enterprise IT infrastructure solutions and services. With price of HPC and HPDA systems constricting potential market opportunities across mid to small size enterprises, this offers a huge untapped market to be served. Another potential challenge restraining market growth is limited or low availability of in-house skilled workforce for these enterprises to manage the costly and complex IT infrastructure. These restraints have however given way for cloud HPC solutions and services to gain growth in the market, with managed/outsourced services seen as a lucrative opportunity.
The entire HPC and HPDA system infrastructure has been broadly segmented into servers, storage, software (application and platform), network, services, and cloud. By application, the following segments have been analyzed in the report - banking, financial services, and insurance (BFSI), energy & utilities, healthcare, IT & telecom, professional services, manufacturing, automotive, retail & consumer goods, transport & logistics, government, defense, media & entertainment, education, geoscience, and weather.
Key players in the market profiled in the report to understand competitive dynamics, core business strategies, and product development trends include Microsoft Corporation, Lenovo Group Ltd., SAS Institute, Intel Corporation, IBM Corporation, Teradata Corporation, Cisco Systems, Hewlett Packard Enterprise, Oracle Corporation, Red Hat Inc., Dell Inc., Cray Inc., Juniper Networks, Huawei Technologies Co., Ltd., and ATOS SE. Most of these players are exploring opportunities through product development or by enhancing their services mix to retain their stronghold in the market, with traditional players at an advantage when it comes to established customer base.
Regionally, North America held the largest share in 2017 and is expected to retain its dominant market position. A large number of leading players in the global market have strong presence in the region. However, Asia Pacific which has seen quick rise in number of start-ups (especially in IT enabled services) and growing focus on digitalization by governments have resulted in the region emerging as the fastest growing geographical market. Favorable regulatory environment and expanding network on high speed network services have further supported this growth trend. Further, South America and the Middle East still have large demand contributed by government, BFSI, education, and defense sectors.
High Performance Computing (HPC) and High Performance Data Analytics (HPDA) Market – Overview
This comprehensive report by Transparency Market Research analyzes and provides market growth forecasts for the High Performance Computing (HPC) & High Performance Data Analytics (HPDA) market at the global and regional level. The global High Performance Computing (HPC) & High Performance Data Analytics (HPDA) market size estimates in terms of revenue (Revenue - US$ Mn and Volume - Units (for servers)) has been provided for the period 2016 to 2026, where 2018 to 2026 is the forecast period and 2017 is the base year. Data for 2016 is provided as historical information.
The report highlights and details the major trends both at customer and vendor level, which are likely to influence the growth of the High Performance Computing (HPC) & High Performance Data Analytics (HPDA) market over the forecast period. This includes identification of factors likely to have positive impact (drivers), factors restricting the growth (restraints), and those which offer unexplored growth avenues (opportunities). Relevant impact of these drivers, restraints, and opportunities on market growth has been analyzed to help evaluate potential market growth trends.
Other sections detailing market composition and dynamics therein include value chain analysis, PESTEL analysis, market concentration rate analysis, key mergers & acquisitions, regulations and policies, and regional level impact analysis of market dynamics factors. These sections help understand how companies across the supply chain are positioned against each other and strategic activities followed by them to retain their market footprint. The section on market attractiveness analysis defines key segments which hold lucrative opportunities and favorable growth conditions. These are compared against parameters such as segment incremental opportunity growth rate, current segment holding (market share) and degree of competition – viz. pricing, distribution channel, and product availability, among others.
Geographically, the report provides market analysis for the following regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America. Key countries analyzed for market sizing across these regions include – The U.S., Canada, U.K, France, Germany, India, Japan, China, GCC, South Africa, and Brazil. By component, the following segments have been considered in the scope toprovide a holistic view of the market – server (HPC, HPDA), storage, software (application and platform), network, services, and cloud. Industry applications considered for analysis in the report include - Banking, Financial Services, and Insurance (BFSI); Energy & Utilities; Healthcare; IT &telecom; Professional Services; Manufacturing; Automotive; Retail & Consumer Goods; Transport & Logistics; Government; Defense; Media & Entertainment; Education; and Others (Geoscience, Weather). Customers across these industries have been analyzed in terms of enterprise size as large and public enterprises, and small & medium enterprises.
Global High Performance Computing (HPC) & High Performance Data Analytics (HPDA) Market: Competitive Dynamics
Companies such as Microsoft Corporation, Lenovo Group Ltd., SAS Institute, Intel Corporation, IBM Corporation, Teradata Corporation, Cisco systems, Hewlett Packard Enterprise, Oracle Corporation, Red Hat Inc., Dell Inc., Cray Inc., Juniper Networks, Huawei Technologies Co., Ltd., and ATOS SE, active in theglobal High Performance Computing (HPC) & High Performance Data Analytics (HPDA) market have beenprofiled in this study. Details such as business overview, geographical presence, and revenue along with strategic information pertaining to these players have been duly provided as part of company profiles.Market revenue share (in terms of US$ Mn and %) has also been provided for players as profiled in the report.
Market Segmentation: Global High Performance Computing (HPC) & High Performance Data Analytics (HPDA) Market
HPC & HPDA Market, by Component
- HPC Server
- HFDA Server
- Software (Applications and platform)
HPC & HPDA Market, by Industry Application
- Banking, Financial Services and Insurance (BFSI)
- Energy &Utilities
- IT & Telecom
- Professional Services
- Retail & Consumer Goods
- Transport & Logistics
- Media & Entertainment
- Others (Geo science, Weather)
In addition, the report provides analysis of the HPC & HPDA market with respect to the following geographic segments:
- North America
- The U.S.
- Rest of North America
- The U.K
- Rest of Europe
- Asia Pacific (APAC)
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America