Northbrook, IL -- (SBWIRE) -- 10/14/2020 -- According to a market research report "High Performance Computing (HPC) Market by Component (Solutions (Servers, Storage, Networking Devices, and Software), and Services), Deployment Type, Organization Size, Server Price Band, Application Area, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the HPC market expected to grow from USD 32.1 billion in 2017 to USD 45.0 billion by 2022, at a CAGR of 7.0% during the forecast period. The growing need for efficient computing, enhanced scalability, and reliable storage is the primary factor expected to drive the growth of the market.