DUBLIN, Aug. 05, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/3fp88s/global_hpc) has announced the addition of the "Global HPC Storage, Networking & Computing Market, Size, Share, Estimate & Forecast, 2015-2024" report to their offering.

With associated advantages of multiple parallel processing for high end computations, reduced time-to-market for new product discoveries, advanced research findings, the global HPC technology market value is expected to grow $45.81 billion by 2024 at an expected CAGR of 6.05% from 2015 to 2024.

High performance computing (HPC) technology market was incorporated in 1960 for high end scientific computations, and is currently playing a crucial role, not only for the research community but also has spread its hold among big businesses, academic institutions, government agencies, small and medium enterprises (SMEs) among others. The fundamental growth in HPC technology market is because of factors like; demand coming from the key industry players across different industry verticals for increased processing power in computing huge amount of structured and unstructured data, reduce time-to-market for new product launches, undergo advanced simulations and modelling among others.

The future growth in HPC technology market is mainly expected due to growing demand for Big Data and analytics and high performance computing on cloud. Enterprises are spurring growth and gaining competitive advantage by integrating HPC and Big Data in their business models for a wide variety of applications. Industry players such as IBM (U.S.), Cary Inc., (U.S.), NEC Corporation (Japan), Fujitsu Ltd. (Japan), Bull/Atos SE (France) and others are leading vendors for providing solutions for the HPC technology market.

Key Topics Covered:

1. Introduction

2 Executive Summary

3 Market Drivers & Challenges

4 Global HPC Market, By Elements

5 HPC Market By Application

6 HPC Market By Price Bands

7 HPC Market By Deployment

8 HPC Market By Geography

9 Company Profiling

- Dell Inc.
- Fujitsu Ltd.
- Hewlett-Packard (Hp)
- IBM Corporation

For more information visit http://www.researchandmarkets.com/research/3fp88s/global_hpc

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets