The Global High Performance Computing (HPC) Chipset Market size is expected to reach $12.7 billion by 2026, rising at a market growth of 20.8% CAGR during the forecast period. High-performance computing (HPC) can perform complicated calculations at high speeds and possesses the ability to process large datasets. The method of aggregating computing power is termed as high-performance computing. This technology offers much superior performance than traditional desktop computers or workstations to address big issues in engineering, business, or science.
The global high-performance computing market is expected to be driven by many factors such as growing investments in artificial intelligence (AI), engineering, and the Industrial Internet of Things (IIoT), which requires electronic design automation (EDA). Moreover, various hardware providers are consistently investing in creating solutions that enhance these capabilities, which in turn, expected to augment the growth of the HPC chipset market over the upcoming years. The requirement to maintain consistent quality, combined with the increasing demand for short product development cycles (PLCs), is not possible to manage in real-time without using suitable tools & advanced technologies.
The outbreak of the COVID-19 pandemic is expected to considerably impact the global HPC market. The growth of the market has hampered as numerous new ventures & projects across the world have been stopped. In addition, end-use industries are confronting with significant challenges due to this pandemic, which may decline the growth of the HPC chipset market. Majorly, manufacturing units & supply chains are disrupted across the world and hence, there is only a temporary impact of the COVID-19 pandemic on the HPC chipset market.
Based on Chip Type, the market is segmented into Graphic Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA) and Application Specific Integrated Circuit (ASIC). GPU segment procured the highest revenue of the market in 2019 and is anticipated to grow at a prominent growth rate during the forecast period. The growth of the GPU segment in the HPC chipset industry is supported by the huge parallel processing capability of the graphical processing unit (GPU).
| Report Attribute | Details |
|---|---|
| Market size value in 2019 | USD 4.2 Billion |
| Market size forecast in 2026 | USD 12.7 Billion |
| Base Year | 2019 |
| Historical Period | 2016 to 2018 |
| Forecast Period | 2020 to 2026 |
| Revenue Growth Rate | CAGR of 20.8% from 2020 to 2026 |
| Number of Pages | 150 |
| Number of Tables | 180 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Chip Type, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Taiwan, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Free Valuable Insights: Global High Performance Computing (HPC) Chipset Market to reach a market size of $12.7 billion by 2026
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The North American region has emerged as the early adopter of new technologies which is fuelled by health technology advancements in the United States & Canada. Many leading players have their presence in the region such as AMD, NVIDIA, HPE, Microsoft, and HPE, the demand for high-performance computing in the region is anticipated to observe considerable growth.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Cisco Systems, Inc., IBM Corporation, Google, Inc., NVIDIA Corporation, Hewlett Packard Enterprise Company, Advanced Micro Devices, Inc., Lattice Semiconductor Corporation, MediaTek, Inc., and Achronix Semiconductor Corporation.
By Chip Type
By Geography
The global high performance computing chipset market size is expected to reach $12.7 billion by 2026.
The major factors that are anticipated to drive the high performance computing chipset industry include massive requirement for high-speed data processing with precision.
Yes, The outbreak of the COVID-19 pandemic had a strong impact on the global HPC chipset market. Moreover, the growth of the HPC chipset market is expected to hamper as this pandemic brought a lot of challenges for leading industries.
The expected CAGR of high performance computing chipset market is 20.8% from 2020 to 2026.
Intel Corporation, Cisco Systems, Inc., IBM Corporation, Google, Inc., NVIDIA Corporation, Hewlett Packard Enterprise Company, Advanced Micro Devices, Inc., Lattice Semiconductor Corporation, MediaTek, Inc., and Achronix Semiconductor Corporation.
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