What is HPC Software and Services Market Scope?
HPC Software and Services are provides high-level processing capacity to enterprises. HPC stands for high-performance computing which is the ability to process data and perform complex calculations at high speeds. This type of software is designed to help organizations get the best performance out of complex systems and get faster results. It is used for a variety of purposes across multiple industries such as Financial, Research labs, Media and entertainment, etc.
The HPC Software and Services market study is being classified by Type (High-performance computing as a service (HPCaaS) and Software as a Service (SaaS)), by Application (Banking and Financial, Telecommunication, Entertainment and Others) and major geographies with country level break-up.
The global HPC Software and Services market is fragmented with the presence of several players at the global and regional levels. Companies offer the best performance software and services to the different industries for a variety of purposes. Companies investing in the launch and enhancement of HPC Software and Services. The player is also participating in strategic activities such as mergers and acquisitions to enhance their market presence.
Atos SE (France), GIGA-BYTE Technology Co., (China), BrainTrust (United States), Hewlett Packard Enterprise (United States), Intel Corporation (United States), Altair Engineering, Inc.(United States), DataDirect Networks (United States), Rescale, Inc. (United States), PIER Group. (United States), Dell Inc. (United States), Advanced HPC (United States) and Numerical Algorithms Group Ltd (United Kingdom) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global HPC Software and Services market by Type, Application and Region.
On the basis of geography, the market of HPC Software and Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On June 21, 2021, Hewlett Packard Enterprise announced that it has acquired Determined AI, a San Francisco-based startup that delivers a powerful and robust software stack to train AI models faster, at any scale, using its open-source machine learning (ML) platform. HPE will combine Determined AI’s unique software solution with its world-leading AI and high-performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning models to provide faster and more accurate insights from their data in almost every industry.
On June 28, 2021, Dell Technologies announced three expanded offerings in conjunction with the start of the ISC21 digital conference. The centerpiece is Omnia, new software underpinning workload deployment and management and ‘composable infrastructure’ capabilities. Also announced were expanded HPC-on-demand services and server GPU options.
Influencing Market Trend
- Advancement in HPC Technology Business Are Using It for Simulations And Modelling Area
Market Drivers
- Growing Need for Faster Insights, Secure and Reliable Solution Among The Organizations
- Increasing Demand for More Manageable Large Data and Easier Financial Analysis
Opportunities
- HPC is Growing in the Enterprise Space Creating Numerous Opportunities for HPC Software and Services Market
Restraints
- High Cost of HPC May Restraints The Market Growth
Challenges
- Increasing Data Breach Requiring Betterment of Security Feature in HPC Software and Services
Key Target Audience
HPC Software and Services Software Developer, HPC Software and Services Providers, HPC Software and Services Tools Developer, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the HPC Software and Services market expands?
The Global HPC Software and Services market is expected to see a growth of % during projected year 2021 to 2027.
2. Who are the prominent players of the Global HPC Software and Services market?
The prominent players of Global HPC Software and Services market are Atos SE (France), GIGA-BYTE Technology Co., (China), BrainTrust (United States), Hewlett Packard Enterprise (United States), Intel Corporation (United States), Altair Engineering, Inc.(United States), DataDirect Networks (United States), Rescale, Inc. (United States), PIER Group. (United States), Dell Inc. (United States), Advanced HPC (United States) and Numerical Algorithms Group Ltd (United Kingdom), to name a few.
3. What are the top priorities to focus for HPC Software and Services market’s growth?
In this highly competitive & fast evolving HPC Software and Services industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.