DUBLIN, Jan. 26, 2022 /PRNewswire/ -- The "High Performance Computing Market by Component, Infrastructure, Services, Price Band, HPC Applications, Deployment Types, Industry Verticals, and Regions 2022 - 2027" report has been added to ResearchAndMarkets.com's offering.
The High Performance Computing market includes computation solutions provided either by supercomputers or via parallel processing techniques such as leveraging clusters of computers to aggregate computing power.
HPC is well-suited for applications that require high performance data computation and analysis such as high frequency trading, autonomous vehicles, genomics-based personalized medicine, computer-aided design, deep learning, and more. Specific examples include computational fluid dynamics, simulation, modeling, and seismic tomography.
This report evaluates the HPC market including companies, solutions, use cases, and applications. Analysis includes HPC by organizational size, software and system type, server type, price band, and industry verticals.
The report also assesses the market for integration of various artificial intelligence technologies in HPC. It also evaluates the exascale-level HPC market including analysis by component, hardware type, service type, and industry vertical.
Select Report Findings:
High Performance Computing (HPC) may be provided via a supercomputer or via parallel processing techniques such as leveraging clusters of computers to aggregate computing power. HPC is well-suited for applications that require high performance data computation such as certain financial services, simulations, and various R&D initiatives.
The market is currently dominated on the demand side by large corporations, universities, and government institutions by way of capabilities that are often used to solve very specific problems for large institutions. Examples include financial services organizations, government R&D facilities, universities research, etc.
However, the cloud-computing based "as a Service" model allows HPC market offerings to be extended via HPC-as-a-Service (HPCaaS) to a much wider range of industry verticals and companies, thereby providing computational services to solve a much broader array of problems. Industry use cases are increasingly emerging that benefit from HPC-level computing, many of which benefit from split processing between localized devices/platforms and HPCaaS.
In fact, HPCaaS is poised to become much more commonly available, partially due to new on-demand supercomputer service offerings, and in part as a result of emerging AI-based tools for engineers. Accordingly, up to 54% of revenue will be directly attributable to the cloud-based business model via HPCaaS, which makes High-Performance Computing solutions available to a much wider range of industry verticals and companies, thereby providing computational services to solve a much broader array of problems.
One of the challenge areas identified is low utilization but (ironically) also high wait times for most supercomputers. Scheduling can be a challenge in terms of workload time estimation. About 23% of jobs are computationally heavy and 37% of jobs cannot be defined very well in terms of how long jobs will take (within a 3-minute window at best). In many instances, users request substantive resources and don't actually use computing time.
Key Topics Covered:
High Performance Computing Market Dynamics
High Performance Computing Market Analysis and Forecasts
High Performance Computing Company Analysis
High Performance Computing Market Use Cases
Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/h3yl7v
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SOURCE Research and Markets