Rising Demand for Higher Computing Power Drives Growth of High Performance Computing Market

Feb. 29, 2016 - PRLog -- LONDON – Emergence of Big Data led to a number of significant changes in the field of technology. It acts as one of major forces igniting the demand for systems with higher processing power able to handle data-intensive workload, and High Performance Computing (HPC) clusters are among them.

The HPC market is set to show sustainable growth (though at a one-digit rate) in the upcoming years, and its growth will be encouraged by a number of factors, such as ongoing growth of the demand for higher computing power, need for improved business operations and management, etc. However, high investments will be restraining this growth.

HPC servers currently dominate this marketplace in terms of components type, and they are expected to maintain this position in the near term. Networking and storage devices, software solutions and HPC segments also have good growth prospects.

The APAC market has entered its growth phase and it is set to continue growing at a swift pace in the years to come. MEA is expected to enter the growth phase, while the Latin American may remain at the introductory phase in the upcoming years.

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