HPC Chipset Market Growth 2021-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider HPC chipset market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, HPC chipset market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.
The global HPC chipset market size is expected to reach $13.68 billion by 2027 from $4.30 billion in 2019, growing at a CAGR of 19.1% from 2020 to 2027.
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High-performance computing (HPC) has the capability to process large datasets and perform complex calculations at high speeds. It usually refers to the practice of aggregating computing power in a way, which provides much higher performance than typical desktop computers or workstations to solve large problems in science, engineering, or business.
The CPU segment impacted negatively, due to COVID-19.
One of the best-known examples of HPC solutions is the supercomputer, which contains thousands of compute nodes that work together to complete one or more tasks. This is called parallel processing, which is similar to having thousands of PCs networked together, and combining compute power to complete tasks faster. Over the last decade, the HPC industry has witnessed use of graphical processing unit (GPU) in non-graphic applications such as general-purpose computing and programming languages & tools.
High Performance Computing (HPC) Chipset Market
Presently, the GPU segment has matured and is extensively used in both commercial & scientific applications. Massive parallel processing capability of GPU drives its growth in the HPC chipset industry. GPU has rapidly evolved to become high performance accelerators for data- parallel computing. In addition, modern GPUs contain hundreds of processing units, which are capable of achieving up to 1 TFLOPS for single-precision (SP) arithmetic.
The most prominent factor that drives growth of the HPC chipset market include empowering high performance computing in the cloud sector. Cloud offers instantly available and scalable computing resources and almost unlimited storage at a reasonable cost. With the use of HPC in cloud, it helps to elevate performance, control costs, accelerate results, and run complex simulations against large datasets in fields such as aerodynamics, physics or pharmaceuticals; government initiatives; and increase in need for flexible computing services. HPC computing requires continuous efficiency & working of HPC clusters. Thus, HPC services enable complete control for users over computing infrastructure such as analysis software and operating systems.
In addition, flexible computing meets growth in demand from multinational corporations for networked cloud infrastructure services from single communication and IT services providers. Flexible computing offers a scalable and modular service for fast and easy provisioning of resources, which can scale up and down to meet fluctuating demand and dynamic business growth.
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However, one of the major restraints of the market is high cost for setting and maintaining HPCs. There is a high capital expenditure involved, including hardware and software costs. The high cost of initial investments in HPC computing as well as maintenance restricts startups and SMEs from adopting the same. On the contrary, increasing focus toward hybrid HPC infrastructure is anticipated to provide lucrative opportunities for the industry.
The hybrid approach allows applications and components to interoperate across boundaries, between cloud instances and between architectures. A hybrid HPC infrastructure results in better efficiency, scalability, enhanced security, and better technology. Apart from this, it also resolves security and privacy concerns as well as lowers the maintenance cost. Therefore, rise in focus toward hybrid HPC infrastructure is expected to provide lucrative opportunities for the HPC chipset market.
High Performance Computing (HPC) Chipset Market
By Chip Type
CPU segment would grow at a highest CAGR of 25.8% during the forecast period
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High Performance Computing (HPC) Chipset Market
Asia-Pacific region would dominate the market with a highest CAGR of 20.0% during 2020 – 2027
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Top Impacting Factors
The most prominent factor that drives growth of the HPC chipset market includes empowering HPC in the cloud sector, government initiatives, and increase in need for flexible computing services are the prominent factors that propel the HPC chipset market growth. However, high cost of HPC chipset restricts the market growth. Conversely, rise in focus toward hybrid HPC infrastructure is expected to create lucrative opportunities for the industry.
Competitive analysis and profiles of the top key players such as Advanced Micro Devices (AMD), IBM, Hewlett Packard Enterprise (HPE), Intel Corporation, NVIDIA Corporation, Alphabet, Achronix Semiconductor, Cisco System, MediaTek Inc., and Lattice Semiconductor Corporation are provided in this report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.
COVID-19 Impact Analysis
The global HPC chipset market size has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have been stalled which, in turn, has declined the market growth. Moreover, owing to this pandemic, end-use industries are facing major challenges, which may slow down growth of the HPC chipset market.
The impact of COVID-19 on the HPC chipset market is temporary as just production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are expected to gradually increase. The current scenario is expected to provide opportunities for companies to think about ways to increase their production, research about technologies, and improve current products.
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Some the leading countries such as the U.S., Japan, and Australia have joined the COVID-19 high performance computing consortium. The consortium pools supercomputing power and offers it to researchers to fight against the pandemic. In addition, this consortium would help aggregate computing capabilities from some of the most powerful and advanced computers in the world to help researchers everywhere better understand COVID-19, its causes, and potential cures.
Key Benefits For Stakeholders
This study comprises analytical depiction of the global HPC chipset market outlook along with the current trends and future estimations to depict the imminent investment pockets.
The overall HPC chipset market analysis is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and HPC chipset market opportunities with a detailed impact analysis.
The current HPC chipset market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and the HPC chipset market share of key vendors.
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The report includes the market trends and the market share of key vendors.
HPC Chipset Market Key Segments
By Chip Type
Rest of Europe
Rest of Asia-Pacific
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