Published Date: 9-Mar-2021
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According to a new report Global High Performance Computing (HPC) Chipset Market, published by KBV research, 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.
The outbreak of the COVID-19 pandemic had a strong impact on the global HPC chipset market. The market growth has been reduced owing to the stoppage of new projects across the world. Moreover, the growth of the HPC chipset market is expected to hamper as this pandemic brought a lot of challenges for leading industries.
The GPU segment is expected to witness high growth due to various developments in graphics-based games, the popularity of augmented reality (AR) & virtual reality (VR), the emerging artificial intelligence (AI) field, and the increasing adoption of gaming laptops. This, as a result, is expected to augment the demand of the HPC chipset market over the upcoming years. CPU segment garnered the second-highest revenue share of the global HPC chipset market in 2019.
In 2019, Asia-pacific emerged as the leading region & the region is anticipated to exhibit a higher growth rate in comparison to other regions. The demand for systems that can manage data-intensive workloads is increasing due to the advent of big data. Asia-pacific is the highest-growing region for the global market, which is majorly due to the increasing focus of the market players to meet the demands of higher processing power with the robust and fast response time. Additionally, The North America market would experience a CAGR of 20.5% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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