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High Performance Computing Market Value is Projected to Reach US$ 64.65 Bn by 2030

The global high performance computing market size is expected to reach around US$ 64.65 billion by 2030 from US$ 39.86 billion in 2021 and is expected to grow at an impressive double-digit rate of 5.5% from 2022 to 2030.

High Performance Computing Market Size 2021 to 2030

The study includes drivers and restraints of this market. The study provides an analysis of the global high performance computing market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.

High Performance Computing is a practice of aggregating the powers of the computer which delivers high performance abilities while handling large number of problems in the fields of business, science, and engineering. Furthermore, high performance computing systems comprise of all the types of micro servers and servers which are being utilized for highly data intensive and computational tasks. At present, as High Performance Computing has been decisively linked to the economic scientific advances and competitiveness it is becoming essential for all the nations. Also, the global study regarding HPC expresses, more than 3/4TH of the key players have opted the platforms of supercomputing and have expressed that their survival is impossible without it.

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Market Estimations Y-O-Y:

  • Market Size Was Valued In 2021: US$ 39.86 Billion
  • Market Size Is Projected to Grow By 2022: US$ 42.05 Billion
  • Market Size Is Projected to Grow By 2023: US$ 44.35 Billion
  • Market Size Is Projected to Grow By 2024: US$ 46.79 Billion
  • Market Size Is Projected to Grow By 2025: US$ 49.37 Billion
  • Market Size Is Projected to Grow By 2026: US$ 52.09 Billion
  • Market Size Is Projected to Grow By 2027: US$ 54.97 Billion
  • Market Size Is Projected to Grow By 2028: US$ 58.02 Billion
  • Market Size Is Projected to Grow By 2029: US$ 61.24 Billion
  • Market Size Is Projected to Grow By 2030: US$ 64.65 Billion
  • Compound Annual Growth Rate (CAGR) from 2022 to 2030: 5.5 percent

High Performance Computing (HPC) may be provided via a supercomputer or via parallel processing techniques such as leveraging clusters of computers to aggregate computing power. HPC is well-suited for applications that require high performance data computation such as certain financial services, simulations, and various R&D initiatives.

The market is currently dominated on the demand side by large corporations, universities, and government institutions by way of capabilities that are often used to solve very specific problems for large institutions. Examples include financial services organizations, government R&D facilities, universities research, etc.

However, the cloud-computing based "as a Service" model allows HPC market offerings to be extended via HPC-as-a-Service (HPCaaS) to a much wider range of industry verticals and companies, thereby providing computational services to solve a much broader array of problems. Industry use cases are increasingly emerging that benefit from HPC-level computing, many of which benefit from split processing between localized devices/platforms and HPCaaS.

In fact, HPCaaS is poised to become much more commonly available, partially due to new on-demand supercomputer service offerings, and in part as a result of emerging AI-based tools for engineers. Accordingly, up to 55+% of revenue will be directly attributable to the cloud-based business model via HPCaaS, which makes High-Performance Computing solutions available to a much wider range of industry verticals and companies, thereby providing computational services to solve a much broader array of problems.

One of the challenge areas identified is low utilization but (ironically) also high wait times for most supercomputers. Scheduling can be a challenge in terms of workload time estimation. About 25% of jobs are computationally heavy and 39% of jobs cannot be defined very well in terms of how long jobs will take (within a 4-minute window at best). In many instances, users request substantive resources and don't actually use computing time.

Why should you invest in this report?

If you are aiming to enter the global high performance computing market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for high performance computing are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Some of the prominent players in the global high performance computing market include:

  • Atos SE
  • Advanced Micro Devices, Inc.
  • Hewlett Packard Enterprise Development LP
  • Cisco Systems, Inc.
  • Dell Technologies Inc.
  • Fujitsu
  • Intel Corporation
  • IBM Corporation
  • Lenovo
  • Inspur 

Segments Covered in the Report

Market By Deployment

  • Cloud
  • On-Premise

Market By Application

  • High Performance Technical Computing
    • Government
    • Chemical
    • Bio-Science
    • University /Academic
    • Large Product Manufacturing
    • Consumer product Manufacturing
    • Energy
    • Electronics
    • Others
  • High Performance Business Computing
    • Media Entertainment
    • Online Game
    • Retail
    • Financial Service
    • Ultra-scale Internet
    • Transportation
    • Others

Regional Analysis:

The geographical analysis of the global high performance computing market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.

The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global high performance computing Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).

Key Questions Answered by the Report:

  • What will be the size of the global high performance computing market in 2030?
  • What is the expected CAGR for the high performance computing market between 2021 and 2030?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global high performance computing market?

TABLE OF CONTENT

Chapter 1.      Introduction

1.1.   Research Objective

1.2.   Scope of the Study

1.3.   Definition

Chapter 2.      Research Methodology

2.1.   Research Approach

2.2.   Data Sources

2.3.   Assumptions & Limitations

Chapter 3.      Executive Summary

3.1.   Market Snapshot

Chapter 4.      Market Variables and Scope

4.1.   Introduction

4.2.   Market Classification and Scope

4.3.   Industry Value Chain Analysis

4.3.1.Raw Material Procurement Analysis

4.3.2.Sales and Distribution Channel Analysis

4.3.3.Downstream Buyer Analysis

Chapter 5.      COVID 19 Impact on High Performance Computing Market

5.1.   COVID-19 Landscape: High Performance Computing Industry Impact

5.2.   COVID 19 - Impact Assessment for the Industry

5.3.   COVID 19 Impact: Global Major Government Policy

5.4.   Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6.      Market Dynamics Analysis and Trends

6.1.   Market Dynamics

6.1.1.Market Drivers

6.1.2.Market Restraints

6.1.3.Market Opportunities

6.2.   Porter’s Five Forces Analysis

6.2.1.Bargaining power of suppliers

6.2.2.Bargaining power of buyers

6.2.3.Threat of substitute

6.2.4.Threat of new entrants

6.2.5.Degree of competition

Chapter 7.      Competitive Landscape

7.1.1.Company Market Share/Positioning Analysis

7.1.2.Key Strategies Adopted by Players

7.1.3.Vendor Landscape

7.1.3.1.                List of Suppliers

7.1.3.2.                List of Buyers

Chapter 8.      Global High Performance Computing Market, By Deployment

8.1.   High Performance Computing Market, by Deployment, 2021-2030

8.1.1. Cloud

8.1.1.1.  Market Revenue and Forecast (2019-2030)

8.1.2. On-Premi

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9.      Global High Performance Computing Market, By Application

9.1.   High Performance Computing Market, by Application, 2021-2030

9.1.1. High Performance Technical Computing

9.1.1.1.  Market Revenue and Forecast (2019-2030)

9.1.2. High Performance Business Computing

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10.   Global High Performance Computing Market, Regional Estimates and Trend Forecast

10.1.   North America

10.1.1.        Market Revenue and Forecast, by Deployment (2019-2030)

10.1.2.        Market Revenue and Forecast, by Application (2019-2030)

10.1.3.        U.S.

10.1.3.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.1.3.2.             Market Revenue and Forecast, by Application (2019-2030)

10.1.4.        Rest of North America

10.1.4.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.1.4.2.             Market Revenue and Forecast, by Application (2019-2030)

10.2.   Europe

10.2.1.        Market Revenue and Forecast, by Deployment (2019-2030)

10.2.2.        Market Revenue and Forecast, by Application (2019-2030)

10.2.3.        UK

10.2.3.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.2.3.2.             Market Revenue and Forecast, by Application (2019-2030)

10.2.4.        Germany

10.2.4.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.2.4.2.             Market Revenue and Forecast, by Application (2019-2030)

10.2.5.        France

10.2.5.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.2.5.2.             Market Revenue and Forecast, by Application (2019-2030)

10.2.6.        Rest of Europe

10.2.6.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.2.6.2.             Market Revenue and Forecast, by Application (2019-2030)

10.3.   APAC

10.3.1.        Market Revenue and Forecast, by Deployment (2019-2030)

10.3.2.        Market Revenue and Forecast, by Application (2019-2030)

10.3.3.        India

10.3.3.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.3.3.2.             Market Revenue and Forecast, by Application (2019-2030)

10.3.4.        China

10.3.4.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.3.4.2.             Market Revenue and Forecast, by Application (2019-2030)

10.3.5.        Japan

10.3.5.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.3.5.2.             Market Revenue and Forecast, by Application (2019-2030)

10.3.6.        Rest of APAC

10.3.6.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.3.6.2.             Market Revenue and Forecast, by Application (2019-2030)

10.4.   MEA

10.4.1.        Market Revenue and Forecast, by Deployment (2019-2030)

10.4.2.        Market Revenue and Forecast, by Application (2019-2030)

10.4.3.        GCC

10.4.3.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.4.3.2.             Market Revenue and Forecast, by Application (2019-2030)

10.4.4.        North Africa

10.4.4.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.4.4.2.             Market Revenue and Forecast, by Application (2019-2030)

10.4.5.        South Africa

10.4.5.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.4.5.2.             Market Revenue and Forecast, by Application (2019-2030)

10.4.6.        Rest of MEA

10.4.6.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.4.6.2.             Market Revenue and Forecast, by Application (2019-2030)

10.5.   Latin America

10.5.1.        Market Revenue and Forecast, by Deployment (2019-2030)

10.5.2.        Market Revenue and Forecast, by Application (2019-2030)

10.5.3.        Brazil

10.5.3.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.5.3.2.             Market Revenue and Forecast, by Application (2019-2030)

10.5.4.        Rest of LATAM

10.5.4.1.             Market Revenue and Forecast, by Deployment (2019-2030)

10.5.4.2.             Market Revenue and Forecast, by Application (2019-2030)

Chapter 11.   Company Profiles

11.1.   Atos SE

11.1.1.        Company Overview

11.1.2.        Deployment Offerings

11.1.3.        Financial Performance

11.1.4.        Recent Initiatives

11.2.   Advanced Micro Devices, Inc.

11.2.1.        Company Overview

11.2.2.        Deployment Offerings

11.2.3.        Financial Performance

11.2.4.        Recent Initiatives

11.3.   Hewlett Packard Enterprise Development LP

11.3.1.        Company Overview

11.3.2.        Deployment Offerings

11.3.3.        Financial Performance

11.3.4.        Recent Initiatives

11.4.   Cisco Systems, Inc.

11.4.1.        Company Overview

11.4.2.        Deployment Offerings

11.4.3.        Financial Performance

11.4.4.        Recent Initiatives

11.5.   Dell Technologies Inc.

11.5.1.        Company Overview

11.5.2.        Deployment Offerings

11.5.3.        Financial Performance

11.5.4.        Recent Initiatives

11.6.   Fujitsu

11.6.1.        Company Overview

11.6.2.        Deployment Offerings

11.6.3.        Financial Performance

11.6.4.        Recent Initiatives

11.7.   Intel Corporation

11.7.1.        Company Overview

11.7.2.        Deployment Offerings

11.7.3.        Financial Performance

11.7.4.        Recent Initiatives

11.8.   IBM Corporation

11.8.1.        Company Overview

11.8.2.        Deployment Offerings

11.8.3.        Financial Performance

11.8.4.        Recent Initiatives

11.9.   Lenovo

11.9.1.        Company Overview

11.9.2.        Deployment Offerings

11.9.3.        Financial Performance

11.9.4.        Recent Initiatives

11.10.                   Inspur

11.10.1.     Company Overview

11.10.2.     Deployment Offerings

11.10.3.     Financial Performance

11.10.4.     Recent Initiatives

Chapter 12.   Research Methodology

12.1.   Primary Research

12.2.   Secondary Research

12.3.   Assumptions

Chapter 13.   Appendix

13.1.   About Us

13.2.   Glossary of Terms 

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