High-Performance Computing (HPC) Market
High-Performance Computing (HPC) Market Size, Share & Trends Analysis Report by Component (Solutions, and Services), by Deployment Type (On-Premises, and Cloud), by Computation Type (Parallel Computing, Distributed Computing, and Exascale Computing), and by Application (Government & Defense, BFSI, Media and Entertainment, Healthcare & Bioscience, and, Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
High-performance computing market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. HPC is a practice of aggregating computing power that delivers higher horsepower than traditional computers and servers. It aids in processing huge volumes of data at very high speeds using multiple computers and storage devices. HPI has made advances in various fields such as precision medicine, fraud detection in fintech, personalized interest rates, business intelligence, and seismic analysis, among others. The growing requirement for HPC solutions in various applications, continued diversification, expansion of the IT industry, advances in virtualization, and rising preference for hybrid HPC solutions are some of the factors driving the growth of the market.
Moreover, the increasing establishment of startups coupled with a new product/ solution launch is another factor supporting the market growth across the globe. For instance, in May 2022, Atos company launched Nimbix Supercomputing Suite, a set of flexible and secure HPC solutions available in an as-a-service model. In December 2021, Quantum Startup Multiverse Computing won $14.79 million in Funding from European Innovation Council. Some of the funding will be used to further optimize the company’s Monte Carlo asset valuation engine, as well as derivative evaluation capabilities and stress test tools for financial institutions and central banks. The funds will also be deployed towards attracting and retaining talent and expanding into additional vertical markets as the company accelerates the commercialization of its toolkit.
Segmental Outlook
The global HPC market is segmented based on the component, deployment type, computation type, and application area. Based on the component, the market is segmented into solutions and services. Based on the deployment type, the market is sub-segmented into the on-premises and cloud-based. Based on the computation type, the market is segmented into parallel computing, distributed computing, and exascale computing. Further, based on the application area, the market is sub-segmented into the government & defense, BFSI, media and entertainment, healthcare & bioscience, and, others.
Among deployment type, the on-premises segment is anticipated to have a significant share. On-premises deployment requires a higher installation cost as compared to cloud-based deployment. However, the advantage of enhanced data security and customized features as per the requirement of the user are some of the primary factors boosting the demand and adoption of on-premises HPC solutions across the globe. Several companies are also inclined on launching on-premises HPC solutions and services for catering to rising demand. For instance, in January 2022, Lenovo launched a new on-premises HPC solution to deliver the power of supercomputing to organizations of all sizes. The new service is part of Lenovo’s existing TruScale software portfolio that puts all of Lenovo’s scalable IT services under one umbrella called high-performance computing as a service (HPCaaS). As per the company, it can eliminate some of the biggest drawbacks to cloud-based HPC: The overuse of resources.
Regional Outlooks
The global HPC market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). North America is expected to hold a prominent share in the HPC market across the globe, followed by Europe. However, the Asia-Pacific region is anticipated to cater to considerable growth over the forecast period.
Global High-Performance Computing (HPC) Market Growth, by Region 2022-2028
North America is Expected to Hold a Prominent Share in the Global HPC Market
Among all the regions, North America is expected to hold a prominent market share in the global HOC market. The presence of key players and the growing implementation of advanced technologies such as AI, machine learning, and big data in the region are primary factors driving the regional growth. Additionally, the growing investment in R&D by HPC solution-providing companies is another factor fueling the demand for HPC in the region. For instance, in May 2021, the US Department of Energy revealed funding worth $3 million for high-performance computing (HPC) resources to support manufacturers in streamlining their processes, increasing their productivity, and shrinking their carbon footprint. Through this HPC for manufacturing program solicitation, selected teams will work with the most powerful supercomputers and the US National Laboratory experts.
Market Players Outlook
The major companies serving the global HPC market include Advanced Micro Devices, Inc., Cisco Systems, Inc., Fujitsu Ltd., Lenovo Group Ltd., Nvidia Corp., NEC Corp., Inspur Group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, Nvidia acquired HPC software company Bright Computing to combine its system software capabilities to make HPC data centres easier to buy, build and operate, and enhance growing NVIDIA DGX and data center businesses.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high-performance computing (HPC) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Advanced Micro Devices, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cisco Systems, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Fujitsu Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Hewlett Packard Enterprise Development LP
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Lenovo Group Ltd.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global High-Performance Computing Market by Component
4.1.1. Solutions
4.1.2. Services
4.2. Global High-Performance Computing Market by Deployment Type
4.2.1. On-Premises
4.2.2. Cloud-Based
4.3. Global High-Performance Computing Market by Computation Type
4.3.1. Parallel Computing
4.3.2. Distributed Computing
4.3.3. Exascale computing
4.4. Global High-Performance Computing Market by Application
4.4.1. Government & Defense
4.4.2. Education & Research
4.4.3. Banking, Financial Services, and Insurance (BFSI)
4.4.4. Media and Entertainment
4.4.5. Healthcare & Bioscience
4.4.6. Others (Gaming, Energy & Utilities)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Adaptive Computing, Inc.
6.2. Advanced Clustering Technologies, Inc.
6.3. Advanced HPC, Inc.
6.4. Arm Ltd.
6.5. Aspen Systems Inc.
6.6. ATOS
6.7. Dell Inc.
6.8. IBM Corp.
6.9. Inspur Group
6.10. Intel Corp.
6.11. IRON Global, Inc.
6.12. Microsoft Corp.
6.13. Montage Technology
6.14. NEC Corp.
6.15. NetApp, Inc.
6.16. Nvidia Corp.
6.17. Oracle Corp.
1. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
2. GLOBAL SOLUTIONS FOR HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SERVICES FOR HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
5. GLOBAL ON-PREMISES HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CLOUD-BASED HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPUTATION TYPE, 2021-2028 ($ MILLION)
8. GLOBAL HIGH-PERFORMANCE PARALLEL COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HIGH-PERFORMANCE DISTRIBUTED COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL HIGH-PERFORMANCE EXASCALE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
12. GLOBAL HIGH-PERFORMANCE COMPUTING FOR GOVERNMENT & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL HIGH-PERFORMANCE COMPUTING FOR BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL HIGH-PERFORMANCE COMPUTING FOR MEDIA AND ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL HIGH-PERFORMANCE COMPUTING FOR HEALTHCARE & BIOSCIENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL HIGH-PERFORMANCE COMPUTING FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. NORTH AMERICAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
20. NORTH AMERICAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPUTATION TYPE, 2021-2028 ($ MILLION)
22. NORTH AMERICAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. EUROPEAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
25. EUROPEAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
26. EUROPEAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPUTATION TYPE, 2021-2028 ($ MILLION)
27. EUROPEAN HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPUTATION TYPE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
33. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
35. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY COMPUTATION TYPE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
2. GLOBAL SOLUTIONS FOR HIGH-PERFORMANCE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SERVICES FOR HIGH-PERFORMANCE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET SHARE BY DEPLOYMENT TYPE, 2021 VS 2028 (%)
5. GLOBAL ON-PREMISES HIGH-PERFORMANCE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL CLOUD-BASED HIGH-PERFORMANCE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET SHARE BY COMPUTATION TYPE, 2021 VS 2028 (%)
8. GLOBAL HIGH-PERFORMANCE PARALLEL COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL HIGH-PERFORMANCE DISTRIBUTED COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL HIGH-PERFORMANCE EXASCALE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
12. GLOBAL HIGH-PERFORMANCE COMPUTING FOR GOVERNMENT & DEFENSE MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL HIGH-PERFORMANCE COMPUTING FOR BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL HIGH-PERFORMANCE COMPUTING FOR MEDIA AND ENTERTAINMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL HIGH-PERFORMANCE COMPUTING FOR HEALTHCARE & BIOSCIENCE MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL HIGH-PERFORMANCE COMPUTING FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL HIGH-PERFORMANCE COMPUTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. US HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
20. UK HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD HIGH-PERFORMANCE COMPUTING MARKET SIZE, 2021-2028 ($ MILLION)
