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High Performance Computing Market to Grow by USD 16.63 Billion (2023-2027) as Big Data Analytics Adoption Rises, Report on How AI is Driving Transformation – Technavio | PR Newswire [Video]

NEW YORK, Nov. 27, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global high performance computing (HPC) market size is estimated to grow by USD 16.63 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  7.1%  during the forecast period. Increasing utilization of big data analytics is driving market growth, with a trend towards growing use of cloud. However, high investments and costs associated with hpc systems  poses a challenge.Key market players include Advanced Micro Devices Inc., Alphabet Inc., Amazon.com Inc., Atos SE, Cisco Systems Inc., Dassault Systemes SE, DataDirect Networks Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Landsea Group Co. Ltd., Lenovo Group Ltd., Microsoft Corp., NEC Corp., NetApp Inc., NVIDIA Corp., Oracle Corp., Super Micro Computer Inc., and Dell Technologies Inc..

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