High Performance Computing Market Size, Share, And Growth Report 2032

High Performance Computing Market Size

The global high performance computing market size was worth around USD 48.13 billion in 2023 and is predicted to grow to around USD 83.34 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.29% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The report covers a forecast and an analysis of the high performance computing market on a global and regional level.

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Global High-Performance Computing Market: Overview

High-performance computing technology is the use of advanced processes in order to increase the performance and efficiency of the desktop workstation or computer for solving the problems related to engineering, science, and business in comparison to the conventional computing technologies. The high-performance computers have more than one processor with different nodes that range in size from 16 to 64 nodes. High-performance computers have a number of processors working together to solve a single problem, hence its efficiency is excellent. The high-performance computing technology is used for a number of applications in the various areas such as quantum mechanics, weather forecasting, physical simulations, molecular modeling, government and defense, transportation, businesses, research, and others.

Global High-Performance Computing Market: Growth Factors

The rising demand for the improved businesses and management processes boost the development of the high-performance computing services and solutions which in turn boost the global high-performance computing market. The increasing number of data centers and developed infrastructure fuels the growth of the global market. The escalating usage of the cloud computing among the masses in order to solve the problems related to mathematics or logistics is expected to trigger the global market growth. The global high-performance computing market is growing due to its application in the various businesses, government and military, researchers, scientists, educational institutes, engineers, media, transportation, chemical, and others.

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Global High-Performance Computing Market: Segmentation

The global high-performance computing market is bifurcated based on service, component type, deployment type, server price band, verticals, and region.

By service segment is divided into integration and deployment, consulting and design, and training and outsourcing.

By component type segment is categorized into storage, networking devices, servers, and software.

By deployment type segment is classified into cloud and on-premises.

By server price band segment is bifurcated into USD 249,999–100,000 and below and USD 250,000–500,000 and above.

By verticals segment is grouped into media; gaming, retail, earth science, transportation and logistics, government and defense; life science; industrial manufacturing; energy; chemical; academic institutions; and banking, financial services, and insurances.

By regional segmentation includes Asia-Pacific, Europe, North America, the Middle East and Africa, and Latin America.

High Performance Computing Market: Report Scope

Global High-Performance Computing Market: Regional Analysis

North America is expected to dominate the global high-performance computing market. The Asia-Pacific market is also growing at a faster rate due to the increasing number of data centers and infrastructure development in the region. The high-performance computing products are at the introductory phase in Latin American region.

Global High-Performance Computing Market: Competitive Players

The major players in the global high-performance computing market include:

• AMD, SGI
• Fujitsu
• Atos SE
• Dell
• Cray
• Intel Corporation
• Cisco Systems
• Intel Corporation
• Others

The Global High Performance Computing market is segmented as follows:

By Service 

• Integration And Deployment
• Consulting And Design
• Training And Outsourcing

By Component 

• Storage
• Networking Devices
• Servers
• Software

By Deployment Type 

• Cloud 
• On-Premises

By Server Price Band 

• USD 249,999–100,000 And Below 
• USD 250,000–500,000 And Above

By Verticals 

• Media
• Gaming
• Retail
• Earth Science
• Transportation And Logistics
• Government And Defense
• Life Science
• Industrial Manufacturing
• Energy
• Chemical
• Academic Institutions
• And Banking
• Financial Services
• Insurances

Global High-Performance Computing Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.