Global High Performance Computing Market

Global High Performance Computing Market Size, Share, Growth Analysis, By Component(Solutions (Servers, Storage), By Deployment Type(On-Premise, Cloud) - Industry Forecast 2023-2030


Report ID: SQMIG45B2029 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Global High Performance Computing Market Insights

Global High Performance Computing Market size was valued at USD 45.14 billion in 2021 and is poised to grow from USD 48.51 billion in 2022 to USD 82.7 billion by 2030, growing at a CAGR of 7.5% in the forecast period (2023-2030).

High-performance computing, often known as supercomputing, entails the use of parallel processing to analyze data at faster speeds and accuracies, as well as efficiently generate outputs. Parallel processing reduces the amount of time it takes to perform algorithms by spreading program instructions across several processors. HPC systems typically consist of a group of computers with enough computing capacity to perform complex calculations. In other words, high-performance computing (HPC) technologies can make complicated commercial processes easier. As a result, HPC systems are projected to become increasingly popular. The capacity of HPC systems to process large quantities of data quickly and accurately is a key element driving the market's growth. In several industries, there is a growing demand for high-efficiency computing.

US High Performance Computing Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 45.14 billion

Largest Segment

On-Premise

Fastest Growth

Cloud

Growth Rate

7.5% CAGR

Global High Performance Computing Market, 2021-2027 ($ Mn)
Country Share for North America Region- 2021 (%)
Global High Performance Computing Market Size By Deployment Type , 2021-2027 ($ Mn)
Global High Performance Computing Market Size By Deployment Type , 2021-2027 (%)

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Global High Performance Computing Market Segmental Analysis

The Global High Performance Computing Market is segmented on the basis of component and deployment type. Based on the component, the high-performance computing market is segmented into solutions and services. The solution segment is further segregated into servers, storage, networking devices, and software. Based on the deployment type, the High Performance Computing Marketis segmented into on-premise and cloud. Whereas, based on region, the High Performance Computing Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

High Performance Computing Market Analysis by Component

In 2021, the solutions segment of the market is projected to hold the most lucrative share of more than 50% of the High Performance Computing Market. The solution segment is further segregated into servers, storage, networking devices, and software. The segmental growth of the market is attributed to the higher share of servers in the solution segment of the market. This is due to an increase in the number of data centers as more mid-size firms and businesses engage in colocation and on-premises equipment to meet the growing demand for public cloud services. In addition, leading HPC server manufacturers such as Fujitsu Limited, IBM Corporation, Dell Inc., and Lenovo are all present in the High Performance Computing Market.

High Performance Computing Market Analysis by Deployment Type

In 2021, the on-premise segment of the High Performance Computing Market is projected to hold the most lucrative share of more than 50% of the High Performance Computing Market. This is due to the fact that governments continue to be concerned about the security of sensitive data connected to national security and the personal data of individuals, while businesses are concerned about the security of their organizational data. As a result, on-premise infrastructure continues to outperform cloud infrastructure. The on-premise category is predicted to grow as a result of these factors.

Global High Performance Computing Market By Deployment Type , 2021(%), 2021 (%)

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Global High Performance Computing Market Regional Insights

Based on the geographical viewpoint, the Global High Performance Computing Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the North American region is projected to hold the most substantial share of the market. The regional High Performance Computing Market is likely to be driven by the area being the most important regional market for technology-based solutions. It is also expected to have a significant role in the global economy, particularly in the application and new technologies, that are contributing to the regional growth of the High Performance Computing Market. It is also expected to be a major player in the global economy, particularly in terms of the application and development of new technology. While the need to analyze large volumes of raw data is increasing, it is critical to have strong security measures in place. This necessitates the deployment of cutting-edge technology, which in turn encourages the use of HPC systems in the North American region.

Global High Performance Computing Market By Geography, 2021 - 2027, 2023-2030
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  • Fastest

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Global High Performance Computing Market Dynamics

High Performance Computing Market Driver

  • The key factor that drives the industry growth includes the increasing requirement of high performance computing in various sectors for faster data processing with high precision. Furthermore, the rising popularity of cloud computing, along with various governments' digitalization ambitions, will play a key role in propelling High Performance Computing Market expansion throughout the forecast period. Furthermore, the market is expected to increase due to the expansion of the IT sector, improvements in virtualization, and ongoing diversification.
  • High performance computing is known for the speed , accuracy and reliability to analyze data. These all features are major requirements in genomic research. Genomic sequencing helps to detect all types of genetic variation across the genomic system which helps to analyze and identify genetic variants associated with various diseases and their responses to treatment. This advent of HPC has allowed this technological advancement which will help the market propel in future. 

  • The worldwide high performance computing market is also being driven by the usage of HPC in cloud computing. Low cost of maintenance and efficiencies are just a few of the advantages of cloud HPC. Furthermore, HPC on the cloud allows for the creation of a larger community of businesses that are new to high-end computing, supporting them in harnessing the benefits of low operational expenditure (OPEX) and overcoming power and cooling issues.

High Performance Computing Market Restraints

  • CYBERSECURITY CONCERNS ASSOCIATED WITH HPC

The number of entities that access HPC systems has increased with the growing use of it which has caused major concern of data security. The nature of High performance Computing exposes it to the various data security threats which can be major roadback for the market.

  • High Initial investment cost

The major Small and medium enterprises around the globe are less aware about the benefits and along with that the enterprise which aims to establish HPC, mainly fails due to higher initial investments.

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Global High Performance Computing Market Competitive Landscape

The High Performance Computing Market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key High Performance Computing Market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.

High Performance Computing Market Top Players Company Profiles

  • Advanced Micro Devices, Inc. (AMD) (US)
  • Intel Corporation
  • HPE
  • IBM Corporation
  • Dell Technologies Inc.
  • Lenovo Group Limited
  • NVIDIA Corporation
  • Cray Inc.
  • Fujitsu Limited
  • Bull SAS
  • NEC Corporation
  • Atos SE
  • Cisco Systems, Inc.
  • Silicon Graphics International Corp. (SGI)
  • Penguin Computing, Inc.
  • Super Micro Computer, Inc.
  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • Google Inc.
  • Oracle Corporation.

High Performance Computing Market Recent Developments

  • In January 2022,Nvidia is placing a big stake in the high-performance computing market with the acquisition of Bright Computing, a developer of software for managing HPC systems for over 700 organizations worldwide.
  • In May 2022, Atos launched Nimbix Supercomputing Suite. The Nimbix Supercomputing Suite now includes two new services: industry-first federated supercomputing-as-a-service and dedicated bare metal services.
  • In May 2022, AWS launched GPU-based instances for ML training and HPC. Object detection, natural language processing, semantic segmentation, recommender systems, seismic analysis, are all applications that benefit from GPU-based instances.

Global High Performance Computing Key Market Trends

  • One of the major trends that drives the Global High Performance Computing High Performance Computing Market growth forward includes the use of AI in the medical field to aid healthcare professionals in diagnosis has been a major facilitator for the acceptance of these technologies in commercial applications. For example, AI Image Recognition is used to detect cardiovascular diseases, fractures, and other illnesses. Such solutions have been critical in lowering the industry's already heavy strain. Hence, such adoption of high performance computing for a diverse range of applications is likely to aid the growth of the global High Performance Computing Market during the forecast period.

Global High Performance Computing Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. SQ identified the key dominating segments of the High Performance Computing Market by offerings and verticals.

According to our analysis, among the components, the solutions segment is projected to hold a dominating share during the period. Among the deployment types, the on-premises segment is projected to hold a dominating share during the period.

Report Metric Details
Market size value in 2021 USD 45.14 billion
Market size value in 2030 USD 82.7 billion
Growth Rate 7.5%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Solutions (Servers, Storage, Networking Devices, Software), Services
  • Deployment Type
    • On-Premise, Cloud
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Advanced Micro Devices, Inc. (AMD) (US)
  • Intel Corporation
  • HPE
  • IBM Corporation
  • Dell Technologies Inc.
  • Lenovo Group Limited
  • NVIDIA Corporation
  • Cray Inc.
  • Fujitsu Limited
  • Bull SAS
  • NEC Corporation
  • Atos SE
  • Cisco Systems, Inc.
  • Silicon Graphics International Corp. (SGI)
  • Penguin Computing, Inc.
  • Super Micro Computer, Inc.
  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • Google Inc.
  • Oracle Corporation.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global High Performance Computing Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global High Performance Computing Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global High Performance Computing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global High Performance Computing Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global High Performance Computing Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global High Performance Computing Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global High Performance Computing Market size was valued at USD 45.14 billion in 2021 and is poised to grow from USD 48.51 billion in 2022 to USD 82.7 billion by 2030, growing at a CAGR of 7.5% in the forecast period (2023-2030).

The High Performance Computing Market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key High Performance Computing Market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Advanced Micro Devices, Inc. (AMD) (US)', 'Intel Corporation', 'HPE', 'IBM Corporation', 'Dell Technologies Inc.', 'Lenovo Group Limited', 'NVIDIA Corporation', 'Cray Inc.', 'Fujitsu Limited', 'Bull SAS', 'NEC Corporation', 'Atos SE', 'Cisco Systems, Inc.', 'Silicon Graphics International Corp. (SGI)', 'Penguin Computing, Inc.', 'Super Micro Computer, Inc.', 'Microsoft Corporation', 'Amazon Web Services, Inc.', 'Google Inc.', 'Oracle Corporation.'

The key factor that drives the industry growth includes the increasing requirement of high performance computing in various sectors for faster data processing with high precision. Furthermore, the rising popularity of cloud computing, along with various governments' digitalization ambitions, will play a key role in propelling High Performance Computing Market expansion throughout the forecast period. Furthermore, the market is expected to increase due to the expansion of the IT sector, improvements in virtualization, and ongoing diversification.

One of the major trends that drives the Global High Performance Computing High Performance Computing Market growth forward includes the use of AI in the medical field to aid healthcare professionals in diagnosis has been a major facilitator for the acceptance of these technologies in commercial applications. For example, AI Image Recognition is used to detect cardiovascular diseases, fractures, and other illnesses. Such solutions have been critical in lowering the industry's already heavy strain. Hence, such adoption of high performance computing for a diverse range of applications is likely to aid the growth of the global High Performance Computing Market during the forecast period.

Based on the geographical viewpoint, the Global High Performance Computing Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the North American region is projected to hold the most substantial share of the market. The regional High Performance Computing Market is likely to be driven by the area being the most important regional market for technology-based solutions. It is also expected to have a significant role in the global economy, particularly in the application and new technologies, that are contributing to the regional growth of the High Performance Computing Market. It is also expected to be a major player in the global economy, particularly in terms of the application and development of new technology. While the need to analyze large volumes of raw data is increasing, it is critical to have strong security measures in place. This necessitates the deployment of cutting-edge technology, which in turn encourages the use of HPC systems in the North American region.

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