The High-Performance Computing Market size was valued at USD 45.87 Bn in 2022 and is expected to reach USD 77.53 Bn by 2030, and grow at a CAGR of 6.78 % over the forecast period 2023-2030.
High-performance computing is the use of parallel processing to run complex application programs efficiently, consistently, and fast. High-Performance Computing (HPC) is a method of accumulating computing power to offer high-performance capabilities in dealing with a wide range of challenges in research, industry, and engineering. All sorts of servers and micro-servers used for highly computational or data-intensive activities are included in HPC systems. High-performance computing makes use of computers that can accomplish more than a teraflop, or 1012 floating-point operations per second. High-performance computing is sometimes used interchangeably with supercomputing.
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Currently, as HPC has become inextricably linked with economic competitiveness and scientific achievements, it is becoming increasingly vital to nations. High-performance computing is delivered via on-premise or cloud solutions. Because computers is high-tech, the cost varies proportionately. High-performance computing (HPC) enables us to analyze data and conduct complicated computations at extremely fast rates. It is made up of and composed of thousands of computing nodes that collaborate to execute one or more tasks. This is known as parallel processing.
High-performance computing is mostly employed in government and defense, as well as healthcare and life sciences, to ensure flawless delivery and faster reaction times when utilizing government programs. HPC systems may assist in meeting a wide range of defense-related needs, such as real-time data collecting and analysis, emergency operations planning, disaster modeling and analysis, simulations, surveillance, and private information encryption/decryption. They are also widely used in media and entertainment, banking, finance, and insurance, education and research, manufacturing, energy, and utilities.
KEY DRIVERS:
There is a growing demand for efficient computation, great scalability, and dependable storage.
Increasing need for high-speed, accurate data processing.
In genomics research, there is an increasing demand for high-performance computing (HPC) devices.
RESTRAINTS:
Concerns about cyber security.
Commercial high-performance computer clusters have substantial deployment costs.
OPPORTUNITY:
The deployment of hybrid high-performance computing (HPC) systems is becoming increasingly important.
Exascale computing is being introduced.
Increased investment in data centers to support HPC capability.
CHALLENGES:
Less technical knowledge in high-performance computing.
SMEs have limited expenditures.
Cooling HPC systems has unique challenges.
Advanced frameworks are required to increase fault tolerance and assure resilience.
The COVID-19 epidemic has had a massive influence on people's lives all around the world. Every firm must fight on two fronts—health and economic—and must weather this period of forced recession. With the global economic crisis costing trillions of dollars, there is widespread concern that the recovery phase may last far into early next year. Because of the present coronavirus scenario, a new work-from-home arrangement was implemented. This method aided the high-performance computing sector in resolving commercial difficulties that required large quantities of mathematical calculation and calculating skills. According to industry analysts, the HPC market will rise significantly through 2019. However, the market is expected to fall significantly in 2020.
MARKET ESTIMATION:
In 2021, the server’s category had the highest revenue share. This is due to an increase in the number of data centers as various mid-size firms and corporations engage in colocation and on-premises infrastructure to serve the rising demand for public cloud services. Furthermore, the industry is distinguished by the presence of major HPC server manufacturers. From 2023 to 2030, the services category is predicted to grow. HPC providers offer a variety of services, including as maintenance, support, and management. Support is very important while establishing and utilizing HPC systems. Maintenance services, on the other hand, include system upgrades and troubleshooting.
In 2021, the on-premise sector had the highest revenue share. This is due to the fact that governments continue to be worried about safeguarding sensitive data linked to national security and individuals' personal data, while businesses are concerned about the safety of their respective organizational data. As a result, on-premise infrastructure continues to outperform cloud-based technology. Over the projected period, the cloud sector is predicted to grow at the fastest CAGR. Because no extra computer resources are required, cloud implementation allows enterprises to reduce their operational expenses. Other advantages, including as increased efficiency and cost-effectiveness, are likely to propel the cloud segment's expansion.
In SMEs, desktop PCs are inefficient in meeting the computational and storage demands of high-end applications. As a result, SMEs are migrating toward solutions that can meet their high-computational needs. Capital, expertise, and scalability are three major problems for SMEs. To address these difficulties, SMEs are turning to cloud-based HPC solutions, which allow them to extend their IT infrastructure as needed. SMEs face tremendous competition from major organizations; as a result, in order to obtain a competitive advantage, they are progressively installing HPC solutions that help in enhancing productivity, and this trend is projected to continue over the projection period.
In 2021, the government and defense had the highest revenue share. This is due to the government and defense organizations rapidly embracing cutting-edge IT technologies to improve computing efficiency. HPC systems are likely to be adopted by government agencies to assist digitalization projects and contribute to economic development. Meanwhile, industrial procedures are often computationally and time-consuming. As a result, incumbents in the manufacturing business frequently use simulation and CAD software, as well as HPC equipment. In the manufacturing business, HPC systems may be employed specifically for computational fluid dynamics, computational structural mechanics, and computational electromagnetics to improve performance, computational speed, and data availability, leading in segment growth throughout the projection period.
On The Basis of Component
Servers
Storage
Networking Devices
Software
Services
Cloud
Others
On The Basis of Deployment
On-premise
Cloud
On The Basis of Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
On The Basis of End-use
BFSI
Gaming
Media & Entertainment
Retail
Transportation
Government & Defense
Education & Research
Manufacturing
Healthcare & Bioscience
Others
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Since the year 2022, North America has led the market with the biggest market share. The key elements identified for North America's high growth rate include technical developments as well as establishing supercomputing facilities. Furthermore, the United States is the dominant market, with other nations such as Canada projected to exhibit rapid development in the near future. The Asia Pacific is also one of the most rapidly increasing markets for high-performance computing. The causes driving such a fast-growing industry include the rising use of high-performance computers for weather forecasting and research purposes. During the anticipated period, the remainder of the areas are expected to increase at a stable rate.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise, Sugon Information Industry Co. Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Dell EMC (Dell Technologies Inc.), Dassault Systems SE, and Lenovo Group Ltd & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 45.27 Billion |
| Market Size by 2030 | US$ 77.53 Billion |
| CAGR | CAGR of 6.78% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Component (Servers, Storage, Networking Devices, Software, Services, Cloud, and Others) • by Deployment (On-premise and Cloud) • by Organization Size (Small and Medium-Sized Enterprises and Large Enterprises) • by End-use (BFSI, Gaming, Media & Entertainment, Retail, Transportation, Government & Defense, Education & Research, Manufacturing, Healthcare & Bioscience, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise, Sugon Information Industry Co. Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Dell EMC (Dell Technologies Inc.), Dassault Systems SE, and Lenovo Group Ltd |
| Key Drivers | •There is a growing demand for efficient computation, great scalability, and dependable storage. •Increasing need for high-speed, accurate data processing. |
| RESTRAINTS | •Concerns about cyber security. •Commercial high-performance computer clusters have substantial deployment costs. |
Ans: - The forecast period of the High-Performance Computing market is 2022-2028.
Ans: - There is a growing demand for efficient computation, great scalability, and dependable storage.
Ans: - 4 segments of the High-Performance Computing Market.
Ans: - The major key players are Advanced Micro Devices Inc., NEC Corporation, Hewlett Packard Enterprise, Sugon Information Industry Co. Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Dell EMC (Dell Technologies Inc.), Dassault Systems SE, and Lenovo Group Ltd
Ans: - Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. High-Performance Computing Market Segmentation, by Component
8.1 Servers
8.2 Storage
8.3 Networking Devices
8.4 Software
8.5 Services
8.6 Cloud
8.7 Others
9. High-Performance Computing Market Segmentation, by Deployment
9.1 On-premise
9.2 Cloud
10. High-Performance Computing Market Segmentation, by Organization Size
10.1 Small and Medium-Sized Enterprises
10.2 Large Enterprises
11. High-Performance Computing Market Segmentation, by End-use
11.1 BFSI
11.2 Gaming
11.3 Media & Entertainment
11.4 Retail
11.5 Transportation
11.6 Government & Defense
11.7 Education & Research
11.8 Manufacturing
11.9 Healthcare & Bioscience
11.10 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Advanced Micro Devices Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 NEC Corporation
13.3 Hewlett Packard Enterprise
13.4 Sugon Information Industry Co. Ltd
13.5 Intel Corporation
13.6 International Business Machines Corporation
13.7 Microsoft Corporation
13.8 Dell EMC (Dell Technologies Inc.)
13.9 Dassault Systems SE
13.10 Lenovo Group Ltd
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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