PUBLISHER: IMARC | PRODUCT CODE: 1291427
PUBLISHER: IMARC | PRODUCT CODE: 1291427
High-performance Computing (HPC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global high-performance computing (HPC) market size reached US$ 40.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028. Rapid digitization, increasing demand for high-performance computing solutions, and extensive research and development (R&D) activities represent some of the key factors driving the market.
High-performance computing (HPC) refers to the use of advanced computing resources for running complex application programs efficiently. It involves many processors, servers, and micro servers that are designed to deliver high computational power, large data storage capacity, and fast network connectivity. It assists in providing improved analytics, faster product development cycles, modeling, simulating, and analyzing data. It also facilitates high-performance capabilities to help find solutions for complex applications, including high-frequency trading, speech and facial recognition, genomics-based personalized medicine, computational fluid dynamics, computer-aided design, pattern recognition, seismic exploration, and tomography. HPC applications include weather forecasting, drug discovery, genome sequencing, and oil and gas exploration. It is also used to develop and test advanced technologies, such as artificial intelligence (AI), machine learning (ML), and quantum computing. Besides this, HPC finds application in the aerospace, defense, energy and utilities, banking, financial services and insurance (BFSI), media and entertainment, manufacturing, life science, and healthcare sectors across the globe.
High-performance Computing (HPC) Market Trends:
Rapid digitization and increasing volumes of data generated represent one of the key factors positively influencing the market across the globe. In addition, HPC systems provide high-performance computing power, large data storage capacity, and fast network connectivity. This, in confluence with the increasing adoption of cloud-computing HPC solutions that allow organizations to access powerful computing resources on demand without the need for large capital investments in hardware and infrastructure, is creating a favorable market outlook. Moreover, rapid automation and the rising adoption of the internet of things (IoT) and various advanced technologies are catalyzing the demand for more powerful and specialized HPC systems worldwide. In line with this, governments of various countries and private companies are increasingly investing in research and development (R&D) activities to advance scientific and technological knowledge, which is catalyzing the demand for HPC systems that can support complex simulations, modeling, and data analysis. Additionally, the advent of Industry 4.0 is strengthening the growth of the market. Apart from this, the burgeoning healthcare sector and increasing utilization of computed tomography (CT) scanning and magnetic resonance imaging (MRI) in hospitals that require quick and accurate results are creating a positive market outlook. Furthermore, the growing focus on energy efficiency and increasing the demand for energy-intensive HPC systems that can deliver high-performance computing with minimum energy consumption is driving the worldwide market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global high-performance computing (HPC) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment type and end use.
Component Insights:
- Hardware
- Software and Services
The report has provided a detailed breakup and analysis of the high-performance computing (HPC) market based on the component. This includes hardware and software and services. According to the report, hardware represented the largest segment.
Deployment Type Insights:
- On-premises
- Cloud-based
A detailed breakup and analysis of the high-performance computing (HPC) market based on the deployment type has also been provided in the report. This includes on-premises and cloud-based. According to the report, on-premises accounted for the largest market share.
End Use Insights:
- Aerospace and Defense
- Energy and Utilities
- BFSI
- Media and Entertainment
- Manufacturing
- Life Science and Healthcare
- Others
A detailed breakup and analysis of the high-performance computing (HPC) market based on the end use has also been provided in the report. This includes aerospace and defense, energy and utilities, BFSI, media and entertainment, manufacturing, life science and healthcare, and others.
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America (the United States and Canada) was the largest market for high-performance computing (HPC). Some of the factors driving the North America high-performance computing (HPC) market included digitization, technological advancements, extensive research and development (R&D) activities, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global high-performance computing (HPC) market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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., Nvidia Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- What was the size of the global high-performance computing (HPC) market in 2022?
- What is the expected growth rate of the global high-performance computing (HPC) market during 2023-2028?
- What are the key factors driving the global high-performance computing (HPC) market?
- What has been the impact of COVID-19 on the global high-performance computing (HPC) market?
- What is the breakup of the global high-performance computing (HPC) market based on the component?
- What is the breakup of the global high-performance computing (HPC) market based on the deployment type?
- What are the key regions in the global high-performance computing (HPC) market?
- Who are the key players/companies in the global high-performance computing (HPC) market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global High-performance Computing (HPC) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software and Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Deployment Type
- 7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End Use
- 8.1 Aerospace and Defense
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Energy and Utilities
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 BFSI
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Media and Entertainment
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Manufacturing
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Life Science and Healthcare
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advanced Micro Devices Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Atos SE
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Cisco Systems Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Dell Technologies Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Fujitsu Limited
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Hewlett Packard Enterprise Development LP
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Intel Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 International Business Machines Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Lenovo Group Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Microsoft Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 NetApp Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Nvidia Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Advanced Micro Devices Inc.
List of Figures
- Figure 1: Global: High-performance Computing Market: Major Drivers and Challenges
- Figure 2: Global: High-performance Computing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: High-performance Computing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: High-performance Computing Market: Breakup by Component (in %), 2022
- Figure 5: Global: High-performance Computing Market: Breakup by Deployment Type (in %), 2022
- Figure 6: Global: High-performance Computing Market: Breakup by End Use (in %), 2022
- Figure 7: Global: High-performance Computing Market: Breakup by Region (in %), 2022
- Figure 8: Global: High-performance Computing (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: High-performance Computing (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: High-performance Computing (Software and Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: High-performance Computing (Software and Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: High-performance Computing (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: High-performance Computing (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: High-performance Computing (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: High-performance Computing (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: High-performance Computing (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: High-performance Computing (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: High-performance Computing (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: High-performance Computing (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: High-performance Computing (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: High-performance Computing (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: High-performance Computing (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: High-performance Computing (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: High-performance Computing (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: High-performance Computing (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: High-performance Computing (Life Science and Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: High-performance Computing (Life Science and Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: High-performance Computing (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: High-performance Computing (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: High-performance Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: High-performance Computing Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: High-performance Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: High-performance Computing Industry: SWOT Analysis
- Figure 80: Global: High-performance Computing Industry: Value Chain Analysis
- Figure 81: Global: High-performance Computing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: High-performance Computing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: High-performance Computing Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: High-performance Computing Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
- Table 4: Global: High-performance Computing Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 5: Global: High-performance Computing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: High-performance Computing Market: Competitive Structure
- Table 7: Global: High-performance Computing Market: Key Players
