Report

High-Performance Computing (Hpc) Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: Mar,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global High-Performance Computing (HPC) market size was US$ 38.0 billion in 2021. The global High-Performance Computing (HPC) market is forecast to grow to US$ 57.9 billion by 2030 by growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

High-Performance Computer (HPC) integrates computing resources to perform High-Performance capabilities. HPC systems include a range of servers and microservers utilized for highly computational or data-intensive tasks.

Factors Influencing the Market

The growing demand for incorporating machine learning to gain a brand advantage, especially in public-centric services, will drive the global High-Performance Computing (HPC) market forward. In addition, the rising adoption of autonomous vehicles will benefit the global High-Performance Computing (HPC) market.

Growing advancements in the High-Performance Computing (HPC) market will drive the overall industry forward. For instance, Intel launched Cascade Lake Advanced Performance (AP), a 48-core Xeon variant, in 2018. The solution was designed for the most demanding high-performance computing (HPC), artificial intelligence (AI), and infrastructure-as-a-service (IaaS) workload. Thus, such advancements will boost the growth of the global High-Performance Computing (HPC) market.

The increasing demand for high-efficiency computing across various industrial verticals, such as research, finance, medical, geological exploration and analysis, government and defense, etc., will fuel the growth of the global High-Performance Computing (HPC) market.

The growing adoption of cloud computing, together with growing initiatives by governments aiming at digitalization, will escalate the growth of the global High-Performance Computing (HPC) market.

COVID-19 Impact Analysis

HPC is widely used for monitoring and mitigating the effects of climate change and producing safer and greener vehicles. Supercomputers were actively involved in the healthcare sector, which has been beneficial for the global High-Performance Computing (HPC) market even during the pandemic.

Regional Analysis

The Asia-Pacific High-Performance Computing (HPC) market is forecast to emerge as the largest market. India and China are forecast to hold dominance in the cloud HPC market due to the growing contribution of governments. For instance, the National AI Development Plan was introduced in China in July 2017. Through this program, the government is expected to invest nearly US$ 22.15 billion in artificial intelligence research by 2020 and US$ 59.07 billion by 2025. Such initiatives are forecast to benefit the Asia-Pacific High-Performance Computing (HPC) market during the forecast period. In addition, the rising awareness about the cost-effective benefits of cloud HPC over conventional HPC will escalate the growth of the High-Performance Computing (HPC) market during the analysis period.

Competitors in the Market

Advanced Micro Devices Inc.
Hewlett Packard Enterprise
Intel Corporation
International Business Machines (IBM) Corporation
NEC Corporation
Sugon Information Industry Co. Ltd
Microsoft Corporation
Dell Technologies Inc.
Dassault Systemes SE
Lenovo Group Ltd.
Amazon Web Series
NVIDIA Corporation
Other Prominent Players
Market Segmentation

The global High-Performance Computing (HPC) market segmentation focuses on Deployment, Organization, Component, Application, and Region.

By Deployment Type

Cloud-Based
Web-Based
By Organization Size

SMEs
Large Enterprises
By Component

Hardware
Solution
Services
By Application

Ultra-Wideband Technology
Bluetooth
Wi-Fi
Others
By Regional Outlook

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America