InfiniBand Market to Supercharge High-Performance Computing with a CAGR of 9.1% by 2030
According to a new report published by MarkWide Research, titled, “InfiniBand Market,” the global market for InfiniBand technology is poised for significant growth. InfiniBand is a high-speed interconnect technology that plays a vital role in powering high-performance computing (HPC) systems.
The report reveals that the global InfiniBand market is projected to witness a robust CAGR of 9.1% over the forecast period from 2023 to 2030. This growth is driven by the increasing demand for HPC solutions in various industries, the need for faster data transfer and low-latency connectivity, and advancements in InfiniBand architecture.
Key Findings from the Report:
- High-Performance Computing: InfiniBand technology enables high-speed data transfer, making it a cornerstone of HPC clusters.
- Low Latency: InfiniBand offers low-latency communication, critical for real-time data processing and analytics.
- Data Centers: InfiniBand is used in data center interconnects, enhancing the performance of cloud computing and storage solutions.
- AI and Machine Learning: HPC systems with InfiniBand support AI and machine learning workloads for data-intensive applications.
- Market Expansion: The adoption of InfiniBand technology is expanding beyond traditional HPC to enterprise data centers.
Market Forecast:
The report indicates that the global InfiniBand market is currently valued at $2.5 billion in 2023 and is projected to reach $4.9 billion by 2030, with a CAGR of 9.1% during the forecast period. North America and Asia-Pacific are expected to be key regions for market growth, driven by HPC adoption and data center expansion.
Company Profiles:
Key players in the global InfiniBand market include NVIDIA Corporation, Mellanox Technologies (a division of NVIDIA), and Intel Corporation. These companies specialize in providing high-speed interconnect solutions for HPC and data center applications.
Conclusion:
The global InfiniBand market is set for significant growth, driven by the increasing demand for high-performance computing and low-latency data transfer solutions. With a projected CAGR of 9.1% by 2030, this market offers opportunities for technology providers to support data-intensive applications across industries.