High Performance Computing Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[201+ Pages Report] According to the report published by Facts and Factors, the global High Performance Computing market size was valued around USD 36 billion in 2022 and is predicted to grow around USD 56.50 billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.65% between 2023 and 2030. The report analyses the global High Performance Computing market drivers, restraints/challenges, and the effect they have on the demands during the forecast period. In addition, the report explores emerging opportunities in the High Performance Computing market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the high performance computing industry. The report analyzes and declares the historical and current trends analysis of the high performance computing industry and subsequently recommends the projected trends anticipated to be observed in the high performance computing market during the upcoming years.

The high performance computing market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire high performance computing market. The historical and past insights are provided for FY 2019 to FY 2021 whereas projected trends are delivered for FY 2022 to FY 2030. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Billion) from FY 2020 – 2030.

Key Insights from Primary Research

• As per our primary respondents, high performance computing (HPC) market is set to grow annually at rate of around 7.0%
• It was established through primary research that high performance computing (HPC)market was valued at around USD 36 billion in 2022
• In terms of verticals, the government and defense segment holds the largest market share in the global high performance computing (HPC) market.
• The “cloud” category, on the basis of deployment type segmentation, was the leading revenue generating category accounting in 2022.
• According to primary research, the  high performance computing (HPC)market is expected to reach more than USD 56.50 Billion by 2030

Key Recommendations from Analysts

• As per our analysts, the global high performance computing (HPC)market is expected to grow significantly over the forecast period.
• Our team of analysts has identified that rise in technological developments in IT sector is boosting the growth of the market.
• In recent years, North America and Europe was the leading regional segment owing to huge availability of technology providers.
• In coming years, the Asia Pacific will be the fastest growing sector owing to rise in industrialization.
• Overall, global high performance computing (HPC)market has the potential to grow owing to rapid technology advancements and increasing digitization trend.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the high performance computing industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the high performance computing industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the high performance computing market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the high performance computing industry. The high performance computing market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the high performance computing sector. Key strategic developments in the high performance computing market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the high performance computing market are appropriately highlighted in the report.

Report Scope

The growth of exascale computing in the HPC market is expected to create new opportunities over the forecast period. It is the computer systems' capacity to perform calculations of billions per second. It offers advanced simulation and modeling technologies that can theoretically solve economic competitiveness, natural security, and scientific discovery, among others. HPC needs greater memory capacity and bandwidth to effectively process large quantities of data, and exascale computing can overcome both challenges.

The end-user industries including defense, educational institutions, government agencies, manufacturing, and research organizations have to conduct complicated calculations and solve complex problems.  Thereby, to handle large calculations HPCs are required by the verticals. Hence, the high demand for high performance computing solutions is significantly influencing the growth of this market.

The high performance computing market research report delivers an acute valuation and taxonomy of the high performance computing industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the high performance computing industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the high performance computing industry is provided for the leading economies of the world.

The high performance computing market is segmented based on type, vertical, and application. In terms of deployment type, the market has been segmented into Cloud and on-premise. The application segment has segmented based on high performance technical computing and high performance business computing. These solutions are used across various verticals including BFSI, media & entertainment, retail, transportation, government & defense, education & research, manufacturing, and healthcare, among others.

Competitive Analysis:

Some of the essential players operating in the High Performance Computing market, but not restricted to include :

• Intel
• IBM
•  AMD
• Fujistu
• Microsoft
• Oracle
• Dell
• HP
• Cisco
• Hitachi Data System

The taxonomy of the high performance computing industry by its scope and segmentation is as follows:

By Deployment Segmentation Analysis

• Cloud
• On premise

By Application Segmentation Analysis

• High Performance Technical Computing
• High Performance Business Computing

By Vertical Segmentation Analysis

• BFSI
• Media & entertainment
• Retail
• Transportation
• Government & Defense
• Education & research
• Manufacturing
• Healthcare
• Others

Global High Performance Computing Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa