The North America High Performance Computing (HPC) Chipset Market would witness market growth of 20.5% CAGR during the forecast period (2020-2026). High-performance computing (HPC) refers to the procedure of utilizing the parallel processing in order to run advanced application programs effectively, reliably, and rapidly. There are some parts that are being installed on HPC systems that include newer workloads like deep learning, genome sequencing, machine learning, facial & speech recognition, and pattern recognition. High-performance computers play a crucial role in increasing the competitiveness of the industry, scientific progress, national security, and quality of life.
Some of the aspects where HPC holds a significant position in solving complicated issues within time are physical simulation, machine learning (ML), and optimization in several industrial applications, including life science simulation & financial modeling. In addition, the engineers in the domain for development, faces a lot of complexity due to the high regulatory requirements for energy consumption, sustainability, & safety, and the cost pressure, which is quickly expanding. The organizations are placing high significance on cutting down the manufacturing cost with increased production rate in the aerospace & defense industry. Using HPC software solutions, companies become empowered to offer precise multi-scale & multi-physics simulation solutions by using the simulation at the design phase, reducing physical testing.
The adoption of the technology is mainly due to the rising requirement for fast-paced data analysis in the healthcare system. In addition, some aspects that have fueled the demand for high-performance solutions include the requirement to accelerate drug discovery and genomics-related study. The demand for a software solution that accurately fulfills the requirement of the healthcare and life sciences is able to go through the existing EHR (Electronic Health Records) and other electronic data sets to offer the better perspective of the healthcare sector services.
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). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The Graphic Processing Unit (GPU) market dominated the Mexico High Performance Computing (HPC) Chipset Market by Chip Type 2019, growing at a CAGR of 21.8 % during the forecast period. The Central Processing Unit (CPU) market is exhibiting a CAGR of 21.7% during (2020 - 2026). Additionally, The Application Specific Integrated Circuit (ASIC) market would showcase highest CAGR of 24.1% during (2020 - 2026).
Free Valuable Insights: High Performance Computing (HPC) Chipset Market in North America is expected to register a CAGR of 20.5% during the forecast period (2020-2026)
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 Country
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