Market Trends of High Performance Computing Industry
On Premise Deployment Model is Expected to Witness Significant Growth
- With its ability to take advantage of all the overall HPC system's capabilities and not be hindered by connection problems, an on premise model has a significant market share. Aditionally, the companies that have already established storage and legacy systems are generally large-scale enterprises which prefer the on-premise deployment of HPC solutions, fueling the market during the forecast period.
- There is an increasing use of onpremise systems in large research, analytical and modelling applications as well as a key need for access to timely data. In addition, this trend is reinforced by the increasing complexity of operations and the increasing capabilities of these systems, which increase the output and input capacity of high performance computing systems.
- Another main driver for this model is the security of private data. This way of preventing database attacks is used by businesses and government agencies, particularly in the defence sector. The physical presence requirement has a strong impact on the security and integrity of the system, application and data.
- Moreover, due to the increasing cyber threat and the emergence of more advanced technologies such as facial recognition and global security databases, it is anticipated that these systems will be introduced into the defence sector. Due to the increasing need of privacy, and security in the defence sector, the on premise deployment of HPC is gaining traction in the defence application worldwide.
- Although cloud-based solutions are becoming one of the most depedable options for various applications as they provide the storage and computation needs for users at a relatively very low cost, the area still needs to include appropriate security measures to protect the data and applications for cloud users.
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North America is Expected to Hold Major Share
- The North American region is recognized for its early adoption of advanced technologies because of the Technical advancement in the United States and Canada. The development of new technologies and the need for security are encouraging the use of high performance computing systems. The expansion will affect both types of large data. North America will remain the world's market leader in high performance computing during this projection period. One key factor underpinning this demand is the increased government expenditure on research and development activities.
- Aditionally, the US government has introduced the High-Performance Computing for Manufacturing program to increase the country's capabilities in high computing processing to address the manufacturing challenges and support the country's initiatives for a clean energy future for all Americans.
- For instance, in January 2023, the Department of Energy of the USA announced an investment amount of USD 1.8 million for six teams who would work with the U.S. National Laboratories' high-performance computing (HPC) department to help manufacturers streamline their processes, increase productivity, and lower their carbon footprint in the country, would support the market growth in the North American region.
- The industry has significant companies, including, HPE, IBM, Microsoft, NVIDIA and AMD, and as a result, the need for high-performance computing in the area is anticipated to develop significantly. Additionally, North American countries have been adopting High-performance computing, enabling companies in various sectors to apply simulation, advanced modeling, and data analysis to manufacturing processes through a virtualized environment, creating a demand for the market in North America.
- The market's vendors have forged new alliances with other businesses to increase their geographic reach and coverage. Graphcore's partner programme has been expanded, for example, to reach more potential customers and help them accelerate their use of its Intelligence Processing UnitIPU solutions. To broaden its regional reach, the company added several partners in the North American region to its global partner program, including Applied Data Systems and Images et Technologie, among others, supports the market growth in North America.
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