
High Performance Computing Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
The global high performance computing market was valued at USD 38.38 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2032. The demand for advanced computational power is escalating as scientific research, engineering simulations, and big data analytics become more intricate. Industries such as aerospace, automotive, pharmaceuticals, and finance rely on HPC systems to handle vast datasets and perform complex simulations. A report from the National Science Foundation highlights a 20% annual growth in the use of HPC systems for scientific research over the past five years. Advancements in weather forecasting, drug discovery, and financial modeling are intensifying the demand for HPC, driving market growth. The overall high performance computing industry is classified based on the component, computation type, deployment, organization size, application, end-use, and region. The market is segmented by components into solutions and services. The services segment is projected to exceed USD 38,000 million by 2032. The solutions segment includes servers, storage, networking devices, and software, foundational to HPC infrastructure. Servers execute complex calculations and handle data-intensive tasks. Storage solutions manage and retrieve vast datasets efficiently, while networking devices facilitate smooth communication between systems. The software optimizes computing tasks, manages data effectively, and executes advanced algorithms. The market is segmented by application into High Performance Technical Computing (HPTC) and High Performance Business Computing (HPBC). The HPBC segment is the fastest growing, with a projected CAGR of over 7.5% from 2024 to 2032. HPTC is used in scientific research, engineering simulations, and advanced modeling, managing complex calculations and large-scale simulations. Industries like aerospace, automotive, and healthcare depend on HPTC for tasks such as computational fluid dynamics, weather forecasting, and genomic analysis. HPBC leverages HPC technologies for commercial purposes, optimizing business processes, enhancing data analytics, and aiding decision-making. Widely used in financial services, manufacturing, and logistics, HPBC handles tasks like real-time data processing, risk analysis, and supply chain optimization. In 2023, North America led the global High Performance Computing market with a share exceeding 33%. The region's dominance is reinforced by the presence of top technology firms, numerous research institutions, and strong government backing. The U.S. is heavily investing in HPC infrastructure, focusing on areas like artificial intelligence, defense, and scientific research. This dedication to innovation and technological leadership ensures continuous growth and enhancement of HPC capabilities, cementing North America's global leadership position.
Table of Contents
204 Pages
- Chapter 1 Research Methodology and Scope
- 1.1 Scope and definition
- 1.1.1 Scope
- 1.1.2 Definitions
- 1.2 Research Design
- 1.2.1 Data collection techniques
- 1.2.2 Market size estimation
- 1.2.3 Forecasting model
- 1.3 Data Sources
- 1.3.1 Primary Sources
- 1.3.2.1 Secondary Sources
- 1.3.2.1 Paid Sources
- 1.3.2.2 Public Sources
- Chapter 2 Executive Summary
- 2.1 High performance computing, 2023-2032
- 2.2 Business trends
- 2.3 Regional trends
- 2.4 Component trends
- 2.5 Computation type trends
- 2.6 Deployment trends
- 2.7 Organization size trends
- 2.8 Application trends
- 2.9 End-use trends
- Chapter 3 High performance computing Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Hardware providers
- 3.1.2 Software Provider
- 3.1.1 Services Provider
- 3.1.2 End-user
- 3.1.3 Vendor matrix
- 3.1.4 Profit margin analysis
- 3.2 Technology and innovation landscape
- 3.2.1 Artificial Intelligence and Machine Learning Integration
- 3.2.2 Quantum Computing and HPC Synergy
- 3.2.3 Advancements in Processor Technology
- 3.2.1 Data Storage and Management Innovations
- 3.3 Patent analysis
- 3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.1.2 Increased adoption of HPC technology in government sectors
- 3.4.1.3 Adoption of cloud-based high-performance and complex application management
- 3.4.1.4 Growth for high-performance computing in various industries
- 3.4.1.5 Advancements in hardware technology
- 3.4.2 Pitfalls & challenges
- 3.4.2.1 Lack of advancements in high-performance workstations
- 3.4.2.2 High cost of high-performance computing maintenance
- 3.5 Growth potential analysis, 2023
- 3.6 Porter's analysis
- 3.7 PESTEL analysis
- 3.8 Future market trends
- 3.9 Regulatory landscape
- 3.9.1 International standards
- 3.9.1.1 ISO/IEC 27001
- 3.9.1.2 IEEE 754 - Floating Point Arithmetic
- 3.9.1.3 OpenMP and MPI Standards
- 3.9.2 North America
- 3.9.2.1 National Institute of Standards and Technology (NIST)
- 3.9.2.2 U.S. Department of Energy (DOE)
- 3.9.2.3 California High-Performance Computing Infrastructure (CHPCI)
- 3.9.3 Europe
- 3.9.3.1 EuroHPC JU (Joint Undertaking)
- 3.9.3.2 European Union's Horizon 2020
- 3.9.4 Asia Pacific
- 3.9.4.1 China National Supercomputing Center (NSCC)
- 3.9.4.2 Japan's Fugaku Supercomputer
- 3.9.5 Latin America
- 3.9.5.1 Latin American HPC Grid
- 3.9.5.2 Brazil's National Institute for Space Research (INPE)
- 3.9.6 Middle East
- 3.9.6.1 Qatar Computing Research Institute (QCRI)
- 3.9.6.2 UAE Supercomputing Initiative
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share, 2023
- 4.3 Strategic initiatives
- 4.4 Competitive analysis of the key market players
- 4.4.1 Hewlett Packard Enterprise (HPE)
- 4.4.2 Dell Technologies
- 4.4.3 IBM
- 4.4.4 Intel
- 4.4.5 Advanced Micro Devices (AMD)
- 4.4.6 NVIDIA
- 4.4.7 Atos
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
- Chapter 5 High Performance Computing Market, By Component
- 5.1 Key trends
- 5.2 Solutions
- 5.2.1 Servers
- 5.2.2 Storage
- 5.2.3 Networking Devices
- 5.2.4 Software
- 5.3 Services
- 5.3.1 Professional Services
- 5.3.2 Managed Services
- Chapter 6 High Performance Computing Market, By Computation Type
- 6.1 Key trends
- 6.2 Parallel computing
- 6.3 Distribution computing
- 6.4 Exascale computing
- Chapter 7 High Performance Computing Market, By Deployment
- 7.1 Key trends
- 7.2 Cloud
- 7.3 On-premises
- Chapter 8 High Performance Computing Market, By Organization Size
- 8.1 Key trends
- 8.2 Large enterprise
- 8.3 SMEs
- Chapter 9 High Performance Computing Market, By Application
- 9.1 Key trends
- 9.2 High Performance Technical Computing (HPTC)
- 9.3 High Performance Business Computing (HPBC)
- Chapter 10 High Performance Computing Market, By End-use
- 10.1 Key trends
- 10.2 Government and defense
- 10.3 BFSI
- 10.4 Education and research
- 10.5 Manufacturing
- 10.6 Healthcare and life sciences
- 10.7 Energy and utilities
- 10.8 Media and entertainment
- 10.9 Earth sciences
- 10.10 Others
- Chapter 11 High Performance Computing Market, By Region
- 11.1 Key trends
- 11.2 North America
- 11.3 Europe
- 11.4 Asia Pacific
- 11.5 Latin America
- 11.6 Middle East & Africa (MEA)
- Chapter 12 Company Profile
- 12.1 Altair Engineering Inc.
- 12.1.1 Global Overview
- 12.1.2 Business Overview
- 12.1.3 Financial Data
- 12.1.3.1 Sales Revenue, 2022-2024
- 12.1.4 Product Landscape
- 12.1.5 Strategic Outlook
- 12.1.6 SWOT Analysis
- 12.2 Amazon.com, Inc
- 12.2.1 Global Overview
- 12.2.2 Business Overview
- 12.2.3 Financial Data
- 12.2.3.1 Sales Revenue, 2021-2023
- 12.2.4 Product Landscape
- 12.2.5 Strategic Outlook
- 12.2.6 SWOT Analysis
- 12.3 Advanced Micro Devices, Inc.
- 12.3.1 Global Overview
- 12.3.2 Business Overview
- 12.3.3 Financial Data
- 12.3.3.1 Sales Revenue, 2021-2023
- 12.3.4 Product Landscape
- 12.3.5 Strategic Outlook
- 12.3.6 SWOT Analysis
- 12.4 Atos SE
- 12.4.1 Global Overview
- 12.4.2 Business Overview
- 12.4.3 Financial Data
- 12.4.3.1 Sales Revenue, 2022-2024
- 12.4.4 Product Landscape
- 12.4.5 Strategic Outlook
- 12.4.6 SWOT Analysis
- 12.5 Cisco Systems, Inc
- 12.5.1 Global Overview
- 12.5.2 Business Overview
- 12.5.3 Financial Data
- 12.5.3.1 Sales Revenue, 2022-2024
- 12.5.4 Product Landscape
- 12.5.5 SWOT Analysis
- 12.6 DDN (DataDirect Networks)
- 12.6.1 Global Overview
- 12.6.2 Business Overview
- 12.6.3 Financial Data
- 12.6.4 Product Landscape
- 12.6.5 Strategic Outlook
- 12.6.6 SWOT Analysis
- 12.7 Dell Inc.
- 12.7.1 Global Overview
- 12.7.2 Business Overview
- 12.7.3 Financial Data
- 12.7.3.1 Sales Revenue, 2022-2024
- 12.7.4 Product Landscape
- 12.7.5 Strategic Outlook
- 12.7.6 SWOT Analysis
- 12.8 Fujitsu
- 12.8.1 Global Overview
- 12.8.2 Business Overview
- 12.8.3 Financial Data
- 12.8.3.1 Sales Revenue, 2022-2024
- 12.8.4 Product Landscape
- 12.8.5 Strategic Outlook
- 12.8.6 SWOT Analysis
- 12.9 Google
- 12.9.1 Global Overview
- 12.9.2 Business Overview
- 12.9.3 Financial Data
- 12.9.3.1 Sales Revenue, 2021-2023
- 12.9.4 Product Landscape
- 12.9.5 Strategic Outlook
- 12.9.6 SWOT Analysis
- 12.10 Hewlett Packard Enterprise
- 12.10.1 Global Overview
- 12.10.2 Business Overview
- 12.10.3 Financial Data
- 12.10.3.1 Sales Revenue, 2021-2023
- 12.10.4 Product Landscape
- 12.10.5 Strategic Outlook
- 12.10.6 SWOT Analysis
- 12.11 Huawei Technologies Co., Ltd.
- 12.11.1 Global Overview
- 12.11.2 Business Overview
- 12.11.3 Financial Data
- 12.11.3.1 Sales Revenue, 2021-2023
- 12.11.4 Product Landscape
- 12.11.5 SWOT Analysis
- 12.12 IBM
- 12.12.1 Global Overview
- 12.12.2 Business Overview
- 12.12.3 Financial Data
- 12.12.3.1 Sales Revenue, 2022-2024
- 12.12.4 Product Landscape
- 12.12.5 Strategic Outlook
- 12.12.6 SWOT Analysis
- 12.13 Inspur Group
- 12.13.1 Global Overview
- 12.13.2 Business Overview
- 12.13.3 Financial Data
- 12.13.3.1 Sales Revenue, 2021-2023
- 12.13.4 Product Landscape
- 12.13.5 SWOT Analysis
- 12.14 Intel Corporation
- 12.14.1 Global Overview
- 12.14.2 Business Overview
- 12.14.3 Financial Data
- 12.14.3.1 Sales Revenue, 2021-2023
- 12.14.4 Product Landscape
- 12.14.5 Strategic Outlook
- 12.14.6 SWOT Analysis
- 12.15 Lenovo
- 12.15.1 Global Overview
- 12.15.2 Business Overview
- 12.15.3 Financial Data
- 12.15.3.1 Sales Revenue, 2022-2024
- 12.15.4 Product Landscape
- 12.15.5 Strategic Outlook
- 12.15.6 SWOT Analysis
- 12.16 Microsoft Corporation
- 12.16.1 Global Overview
- 12.16.2 Business Overview
- 12.16.3 Financial Data
- 12.16.3.1 Sales Revenue, 2021-2023
- 12.16.4 Product Landscape
- 12.16.5 Strategic Outlook
- 12.16.6 SWOT Analysis
- 12.17 NEC Corporation
- 12.17.1 Global Overview
- 12.17.2 Business Overview
- 12.17.3 Financial Data
- 12.17.3.1 Sales Revenue, 2022-2024
- 12.17.4 Product Landscape
- 12.17.5 Strategic Outlook
- 12.17.6 SWOT Analysis
- 12.18 NVIDIA Corporation
- 12.18.1 Global Overview
- 12.18.2 Business Overview
- 12.18.3 Financial Data
- 12.18.3.1 Sales Revenue, 2022-2024
- 12.18.4 Product Landscape
- 12.18.5 Strategic Outlook
- 12.18.6 SWOT Analysis
- 12.19 Oracle Corporation
- 12.19.1 Global Overview
- 12.19.2 Business Overview
- 12.19.3 Financial Data
- 12.19.3.1 Sales Revenue, 2022-2024
- 12.19.4 Product Landscape
- 12.19.5 Strategic Outlook
- 12.19.6 SWOT Analysis
- 12.20 Penguin Solutions
- 12.20.1 Global Overview
- 12.20.2 Business Overview
- 12.20.3 Financial Data
- 12.20.3.1 Sales Revenue, 2022-2024
- 12.20.4 Product Landscape
- 12.20.5 Strategic Outlook
- 12.20.6 SWOT Analysis
- 12.21 PSSC Labs
- 12.21.1 Global Overview
- 12.21.2 Business Overview
- 12.21.3 Financial Data
- 12.21.4 Product Landscape
- 12.21.5 SWOT Analysis
- 12.22 Super Micro Computer, Inc.
- 12.22.1 Global Overview
- 12.22.2 Business Overview
- 12.22.3 Financial Data
- 12.22.3.1 Sales Revenue, 2021-2023
- 12.22.4 Product Landscape
- 12.22.5 Strategic Outlook
- 12.22.6 SWOT Analysis
- 12.23 Tyrone Systems
- 12.23.1 Global Overview
- 12.23.2 Business Overview
- 12.23.3 Financial Data
- 12.23.4 Product Landscape
- 12.23.5 SWOT Analysis
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