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High-Performance Computing Market Size, Share and Industry Analysis, Report 2024-2032

The latest report by IMARC Group, titled" High-performance Computing (HPC) Market Report by Component (Hardware, Software and Services), Deployment Type (On-premises, Cloud-based), End Use (Aerospace and Defense, Energy and Utilities, BFSI, Media and Entertainment, Manufacturing, Life Science and Healthcare, and Others), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the market. The global high-performance computing market size reached US$ 42.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 64.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

Factors Affecting the Growth of the High-Performance Computing (HPC) Industry:

Increasing Demand for Enhanced Computing Power:

The growth of the high-performance computing (HPC) industry is largely fueled by the increasing demand for enhanced computing power across various sectors. Industries such as biosciences, financial services, and engineering require massive computational capacities to handle complex simulations, data analysis, and predictive modeling. HPC systems provide the necessary power to perform these operations at unprecedented speeds, significantly reducing the time for data processing and analysis. This capability is crucial for advancing research and development activities, optimizing financial forecasting, and engineering simulations, thereby driving the adoption of HPC systems to meet these computational demands.

Integration with AI and Big Data Analytics:

The convergence of HPC with cutting-edge technologies like artificial intelligence (AI) and big data analytics has substantially contributed to the growth of the HPC industry. HPC systems are integral for training and running AI models, particularly those requiring extensive data processing capabilities. As AI continues to permeate various sectors, the need for HPC systems to process and analyze large datasets quickly and efficiently increases. This integration enhances the capabilities of HPC systems in real-time data analysis, machine learning tasks, and handling big data workloads, making them indispensable for businesses and research institutions looking to leverage advanced analytics.

Expansion into New Verticals:

HPC is expanding its footprint into new verticals beyond traditional scientific research, such as media and entertainment, retail, and autonomous vehicles. In media and entertainment, HPC is used for high-resolution video processing and virtual reality environments. Retailers utilize HPC for customer behavior analysis and supply chain optimization. In the automotive sector, HPC supports the development and testing of autonomous vehicles through simulation and data analysis. This diversification into various industries promotes broader application scenarios for HPC, broadening its market reach and stimulating further growth of the industry. Additionally, HPC's role in healthcare for genomic analysis is supporting market growth.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/high-performance-computing-market/requestsample

Leading Companies Operating in the Global High-Performance Computing Market

Advanced Micro Devices Inc.

Atos SE

Cisco Systems Inc.

Dell Technologies Inc.

Fujitsu Limited

Hewlett Packard Enterprise Development LP

Intel Corporation

International Business Machines Corporation

Lenovo Group Limited

Microsoft Corporation

NetApp Inc.

Nvidia Corporation

High-Performance Computing (HPC) Market Report Segmentation:

By Component:

Hardware

Software and Services

Hardware dominates the market as it is the core of HPC systems, comprising essential elements like processors, memory, and storage that directly influence computing power and performance.

By Deployment Type:

On-premises

Cloud-based

On-premises account for the largest market share as many organizations prefer to maintain control over their high-performance computing resources to ensure security, performance optimization, and customization.

By End Use:

Aerospace and Defense

Energy and Utilities

BFSI

Media and Entertainment

Manufacturing

Life Science and Healthcare

Others

Based on the end use, the market has been segmented into aerospace and defense, energy, and utilities, BFSI, media and entertainment, manufacturing, life science and healthcare, and others.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America's dominance in the high-performance computing market is attributed to the strong presence of leading technology companies, extensive investment in research and development, and high adoption rates of advanced computing technologies across various industries.

Global High-Performance Computing (HPC) Market Trends:

The global high-performance computing (HPC) market is witnessing significant growth and expansion driven by its escalating demand across various sectors such as weather forecasting, scientific research, and complex simulations. There's a notable shift toward adopting HPC solutions in industries like automotive, aerospace, and pharmaceuticals for advanced product innovations and research. Additionally, the integration of artificial intelligence and machine learning with HPC systems is revolutionizing data processing capabilities, enabling more sophisticated and accurate analyses. Furthermore, the increased focus on developing energy-efficient HPC systems is positively driving market growth, enhancing and improving their attractiveness to environmentally conscious enterprises.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

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researcher-marketers · 3 months

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Discover the Top 8 best Handicrafts Companies

Handicrafts market overview:

The global handicrafts market size reached US$ 830.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,864.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.2% during 2024-2032. The increasing consumer demand for unique handmade products, rising number of e-commerce platforms, growing emphasis on sustainability, imposition of supportive government initiatives and policies, and increasing number of cultural events and festivals are some of the major factors propelling the market.

Handicrafts Companies

Handicraft can be defined as a craft that involves making items like ornaments, jewelry, home décor, and tools by hand and not with the help of any machinery. It involves several craft activities such as pottery, weaving, carving, black smiting, stitching, sculpturing, and many other kindred arts. Most handicraft items are associated with culture, history, or art, being an embodiment of the cultural and technological values of a certain society. Handicrafts contrarily, are goods that are produced individually in limited runs by the craftsman or craftsmen. All are made individually and with great attention to all its parameters, which makes it possible to speak of the exclusiveness of each item. The function it has may be functional, whereby it may act as utensils at home or as clothes, it also may be completely ornamental, whereby its main usage is creativity. They enhance the ability to achieve sustainable development by purchasing from the local market and encouraging artisans together with the exchange of cultures. As a result, handicrafts are gaining immense traction across the globe as they are useful in defending culture and supporting conventional artisanship.

The handicrafts companies are experiencing significant growth driven by the capacity expansion and development of new store networks. For instance, In August 2023, Ten Thousand Villages Liquefied, the organization’s Brownstown warehouse for $12. 1 million, thus shifting more capital toward improving its present network of stores and strengthening its online markets. The intended restructuring plan was to establish better efficiency and drive the growth of the company’s market coverage both in physical stores and online. Furthermore, many companies are engaging in product innovations to diversify their product portfolio, which in turn is stimulating market growth. For instance, in February 2024, Target, the American retail company, launched home accessories through designer collaborations with Diane von Furstenberg. giving consumers a wide array of unique and tastefully styled home accessories. Also, in June 2023 Amazing Home which is the Amazon brand introduced its line of home décor and furniture. Intended for beautiful items that many people want to install in their houses and premises, the launch helped to diversify Amazon’s product portfolio, meeting the customers’ demand for beautiful and comfortable items to decorate their habitat. Thus, the confluence of market demand, globalization, and e-commerce platforms propels the growth and sustainability of handicraft companies in the modern marketplace.

Request the sample Report: https://www.imarcgroup.com/handicrafts-market/requestsample

Top Handicraft Companies

Asian Handicraft

Fakih Group of Companies

Shandong Laizhou Arts and Crafts Imp & Exp Co. Ltd.

Ten Thousand Villages

Oriental Handicrafts Pte. Ltd.

NGOC Dong Ha Nam

Minhou Minxing Weaving Co. Ltd.

Native Crafts and Arts Industries

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researcher-marketers · 3 months

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Global Salmon Market Driven by Expansion of Product Line by Manufacturers

Salmon Market Overview

The global salmon market size reached 3.6 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 4.8 Million Tons by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032. The rising seafood consumption worldwide, increasing consumer disposable incomes in emerging economies, favorable government policies, and escalating demand for value-added salmon products are some of the major factors propelling the market.

Salmon Companies

Salmon is a type of fish belonging to the family Salmonidae, widely found in fresh and saltwater habitats. It is rich in flavor and is known for its unusual pink flesh, which is a widely prized component in cooking all over the world. Many populations of this fish species are recognized for their amazing migratory habit, which involves their traveling great distances to breed from their spawning sites to the ocean and back again. Salmon performs an important ecological function as keystone species in many ecosystems, transporting nutrients from marine to freshwater habitats due to their upstream migration. Additionally, they provide a substantial amount of food for a variety of predators, such as eagles, bears, and other fish species. Salmon is also well recognized for its nourishing value, which presents a balanced diet high in protein, vitamins, minerals, and omega-3 fatty acids.

The major key players in the salmon industry are practicing different strategies to support market expansion. They are making considerable investments in sustainable aquaculture techniques to guarantee a steady and dependable supply of salmon that is of the topmost caliber. These expenditures include developing feed formulas, reinforcing fish farming practices, and imposing strict environmental rules to minimize the impact on marine ecosystems. These businesses are concentrating on reaching new consumer categories and broadening their product offerings to increase their market reach. In addition, initiatives are underway to improve product traceability and transparency through the supply chain to satisfy the growing demand from consumers for seafood that is responsibly produced and ethically sourced. This involves putting blockchain technology, QR codes, and other tracking systems into use to give customers comprehensive information on the provenance, handling, and processing of salmon products. For instance, in April 2024, Silver Bay Seafoods declared that it had acquired the Valdez facility of Peter Pan Seafoods and that it would take over the management of Peter Pan's Port Moller and Dillingham facilities for the 2024 salmon season. Silver Bay has now made two notable acquisitions with the acquisition of Trident Seafood's Ketchikan processing plant in March of this year. The transfer of operations to Silver Bay is a component of a larger restructuring plan that is still being finalized and involves Silver Bay purchasing more processing capabilities from Peter Pan, according to a joint statement from Silver Bay and Peter Pan.

Request the sample Report: https://www.imarcgroup.com/salmon-market/requestsample

List of Top Salmon Companies

Cermaq Group

Lerøy Seafood Group ASA

Mowi ASA

SalMar ASA

Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/global-salmon-market-driven-expansion-product-line

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researcher-marketers · 4 months

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Top 12 Extended Warranty Companies in the World

Extended Warranty Market Overview:

The global extended warranty market size reached US$ 139.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 232.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

Extended Warranty Companies

A service contract or agreement known as an extended warranty prepares extra coverage for the replacement or repair of a product after the guarantee period of the manufacturer has passed. This protection is extended by the extended warranty, routinely for several years. Extended warranties are customarily provided for high-value products including cars, appliances, consumer electronics, and other items. They give customers peace of mind by protecting against unforeseen repair costs that can occur after the manufacturer's warranty expires. Extended warranties may also come with extra features including labor and part coverage and choices for quick repairs or replacements.

The major players in the market use a variety of tactics to improve their position in the market. For instance, investing in research and development (R&D) for innovating and launching new products with improved features and functions. Companies may meet changing customer needs and stay competitive by keeping up with technology improvements. Furthermore, forming strategic alliances and working together with other business owners or technology suppliers can aid in broadening the appeal of the market while gaining access to untapped clientage. Additionally, many businesses are concentrating on strengthening their worldwide reach and distribution networks through mergers, acquisitions, and strategic partnerships. Besides this, major businesses are investing in initiatives like providing individualized services, offering effective customer support systems, and actively interacting with customers on social media and other digital platforms. For instance, in April 2024, KTM, Husqvarna is providing a free extended warranty on motorcycles with a 5-year coverage and roadside assistance for a year on their bikes. Along with this, the growing focus on fostering brand loyalty and customer service to improve the overall customer experience is influencing the market growth. Additionally, several businesses are investigating sustainable processes and creating environmentally friendly products due to the rising consumer demand for environmentally sensitive brands. Besides this, businesses are improving their reputation and attracting environmentally sensitive customers by exhibiting corporate social responsibility and solving environmental issues. Apart from this, in March 2024, Allianz S.p.A. announced the successful completion of its acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros. Allianz is committed to a seamless transition for customers, employees, and agents, leveraging its commitment to customer focus and distribution excellence to enhance the benefits of its increased scale.

Request the Sample Report:https://www.imarcgroup.com/extended-warranty-market/requestsample

List of Top Extended Warranty Companies

Allianz Assistance (Allianz SE)

American International Group Inc.

AmTrust Financial

Assurant Inc.

Asurion LLC

Axa S.A.

Carchex

CarShield LLC

Chubb

Edel Assurance LLP

Endurance Warranty Services LLC

SquareTrade Inc. (The Allstate Corporation)

Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/top-extended-warranty-companies

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researcher-marketers · 4 months

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Silicon on Insulator Market Size, Trends, Share and Industry Analysis, Report 2024-2032

The latest report by IMARC Group, titled " Silicon on Insulator Market Report by Wafer Size (300 mm, 200 mm), Wafer Type (FD-SOI, RF-SOI, PD-SOI, and Others), Technology (Smart Cut, BESOI, SiMOX, ELTRAN, SoS), Product (RF FEM Products, MEMS Devices, Power Products, Optical Communication, Image Sensing), Application (Consumer Electronics, Automotive, Datacom and Telecom, Industrial, Photonics, and Others), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global silicon on insulator market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 12.7% during 2024-2032.

Factors Affecting the Growth of the Silicon on Insulator Industry:

Demand for High-Performance Semiconductor Devices:

Silicon on Insulator technology offers significant advantages over traditional silicon substrates in terms of performance and power efficiency. One major driving force behind the SOI market is the increasing demand for high-performance semiconductor devices across various applications, including smartphones, automotive electronics, and data centers. As consumers seek faster and more energy-efficient devices, manufacturers are turning to SOI technology to meet these demands. The ability of SOI to reduce power consumption, minimize parasitic capacitance, and enhance transistor performance makes it an attractive choice for cutting-edge semiconductor products.

Advancements in Mobile and Wireless Communication Technologies:

The rapid evolution of mobile and wireless communication technologies, including 5G networks, is another significant driver propelling the SOI market forward. 5G networks require semiconductor solutions capable of handling higher data rates, lower latency, and increased connectivity, driving the demand for advanced RF (radio frequency) and mmWave (millimeter wave) semiconductor devices. SOI technology offers several advantages for RF and mmWave applications, including improved isolation, reduced crosstalk, and enhanced linearity, making it a preferred choice for next-generation wireless communication systems. Furthermore, the increasing integration of multiple wireless standards into a single chip further underscores the importance of SOI technology in enabling complex, multifunctional semiconductor solutions for mobile and wireless communication applications.

Growing Adoption of SOI in Automotive Electronics:

The automotive industry is undergoing a significant transformation with the advent of electric vehicles (EVs), autonomous driving technologies, and connected vehicles. These advancements require semiconductor solutions capable of meeting the stringent reliability, performance, and temperature requirements of automotive applications. Silicon on Insulator technology offers several benefits for automotive electronics, including improved reliability in harsh environments, enhanced thermal performance, and reduced power consumption. Additionally, SOI technology enables the integration of advanced features such as radar, lidar, and camera systems for autonomous driving and driver assistance applications. As automakers continue to prioritize safety, comfort, and convenience features in their vehicles, the demand for SOI-based semiconductor solutions in the automotive industry is expected to grow significantly.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/silicon-on-insulator-market/requestsample

Leading Companies Operating in the Global Silicon on Insulator industry

GlobalWafers Co. Ltd. (Sino-American Silicon Products Inc.)

GlobalFoundries Inc., Murata Manufacturing Co. Ltd.

NXP Semiconductors N.V.

Shanghai Simgui Technology Co. Ltd.

Shin-Etsu Chemical Co. Ltd.

Silicon Valley Microelectronics Inc.

Soitec

STMicroelectronics

SUMCO Corporation

Tower Semiconductor Ltd.

United Microelectronics Corporation.

Silicon on Insulator Market Report Segmentation:

By Wafer Size:

300 mm

200 mm

300 mm dominates the market due to its ability to accommodate more semiconductor chips per wafer, resulting in higher efficiency and cost-effectiveness for semiconductor manufacturers.

By Wafer Type:

FD-SOI

RF-SOI

PD-SOI

Others

FD-SOI represents the largest segment due to its ability to offer superior performance, lower power consumption, and cost-effective manufacturing compared to traditional bulk silicon and other SOI technologies.

By Technology:

Smart Cut

BESOI

SiMOX

ELTRAN

SoS

Smart cut holds maximum number of shares due to its capability to produce high-quality, thin silicon layers with minimal defects, making it ideal for a wide range of semiconductor applications.

By Product:

RF FEM Products

MEMS Devices

Power Products

Optical Communication

Image Sensing

RF FEM products represent the largest segment due to the rising demand for compact, integrated solutions for wireless communication systems across various applications.

By Application:

Consumer Electronics

Automotive

Datacom and Telecom

Industrial

Photonics

Others

Consumer electronics dominate the market due to the widespread demand for high-performance semiconductor devices in smartphones, tablets, wearables, and other consumer electronic products.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific’s dominance in the silicon-on-insulator market is attributed to its robust semiconductor industry, expanding consumer electronics market, and the presence of key semiconductor manufacturing hubs in countries such as China, South Korea, and Taiwan.

Global Silicon on Insulator Market Trends:

With the increasing emphasis on energy efficiency and sustainability, there is a growing demand for semiconductor technologies that can deliver high performance while consuming minimal power. SOI technology, known for its ability to reduce power consumption and improve energy efficiency, is well-positioned to address this demand. As data centers and computing systems strive to minimize their carbon footprint and operating costs, the adoption of SOI-based processors and integrated circuits is expected to rise. Additionally, the proliferation of IoT devices across various industries, including healthcare, agriculture, manufacturing, and smart homes, is driving the need for semiconductor solutions that offer a combination of low power consumption, high performance, and integration capabilities. SOI technology enables the development of compact, energy-efficient IoT devices by providing superior isolation, reduced leakage currents, and improved integration density. As IoT applications continue to expand, particularly in sectors such as industrial automation and smart cities, the demand for SOI-based semiconductor solutions is poised to increase.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=5948&flag=C

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

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