Product ID: SQMIG45B2029
Report ID:
SQMIG45B2029 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Global High Performance Computing Market size was valued at USD 45.14 billion in 2019 and is poised to grow from USD 48.51 billion in 2023 to USD 82.7 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).
High-performance computing, often known as supercomputing, entails the use of parallel processing to analyze data at faster speeds and accuracies, as well as efficiently generate outputs. Parallel processing reduces the amount of time it takes to perform algorithms by spreading program instructions across several processors. HPC systems typically consist of a group of computers with enough computing capacity to perform complex calculations. In other words, high-performance computing (HPC) technologies can make complicated commercial processes easier. As a result, HPC systems are projected to become increasingly popular. The capacity of HPC systems to process large quantities of data quickly and accurately is a key element driving the market's growth. In several industries, there is a growing demand for high-efficiency computing.
US High Performance Computing Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONGlobal High Performance Computing Market size was valued at USD 45.14 billion in 2019 and is poised to grow from USD 48.51 billion in 2023 to USD 82.7 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).
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Product ID: SQMIG45B2029