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The global high-performance computing (HPC) market reached a value of US$ 38.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 52.71 Billion by 2027, exhibiting a CAGR of 5.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
High-performance computing, or HPC, is a practice to aggregate computing power that performs parallel processing for running advanced application programs efficiently, reliably, and quickly. HPC systems involve numerous servers and microservers for smooth operation while being well-suited for applications that require intensive performance data computation. It is designed to provide improved analytics, faster product development cycles, modeling, simulating, and analyzing data. HPC delivers high-performance capabilities to help find solutions for complex applications, including high-frequency trading, genomics-based personalized medicine, autonomous vehicles, computer-aided design, deep learning, speech and facial recognition, pattern recognition, seismic exploration, computational fluid dynamics, and seismic tomography.
The market is primarily driven by the augmenting product demand across multiple end-use industries, such as finance, medical, research, and government and defense, for faster data processing with high accuracy. In line with this, the increasing utilization of computed tomography (CT) scanning and magnetic resonance imaging (MRI) in the healthcare sector that require quick and accurate results from the processing of complex algorithms is leading to the widespread adoption of HPC across the globe. Moreover, the growing inclination of enterprises toward cloud service providers (CSPs) that offer turn-key HPC solutions tailored to the specific workload needs is providing lucrative growth opportunities for key players in the HPC market. The market is further driven by rapid automation across various sectors and the rising adoption of the internet of things (IoT), artificial intelligence (AI) and machine learning (ML) for multiple processes on the global level. Additionally, considerable growth in the information technology (IT) industry, extensive research and development (R&D) activities conducted by major players, and the advent of industry 4.0 are also creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global high-performance computing (HPC) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment type and end use.
Breakup by Component:
Breakup by Deployment Type:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Intel Corporation, International Business Machines Corporation, Lenovo Group Limited, Microsoft Corporation, NetApp Inc. and Nvidia Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Deployment Type, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Advanced Micro Devices Inc., Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Intel Corporation, International Business Machines Corporation, Lenovo Group Limited, Microsoft Corporation, NetApp Inc. and Nvidia Corporation.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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