Cloud High Performance Computing (HPC) Market

Cloud High Performance Computing (HPC) Market by Services (HPC IaaS, HPC PaaS, Data Organization and Workload Management, Clustering Software and Analytics Tools, Professional Services, and Managed Services) Deployment Types (Public, Private, and Hybrid) End-user Applications (Academia and Research, Design and Engineering, Financial Services, Defense, Government, Manufacturing, Media and Entertainment, and Others), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-894
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 187
  • Format:
  • Pub. Date: Upcoming
  • Share:

The cloud high performance computing (HPC) market size was USD 4.5 Billion in 2020 and expanding at a CAGR of 16.6% during the forecast period, 2021 - 2028. The growth of the market is attributed to the emergence of big data and complex applications, such as ultra-high definition workflows, electronic design, and automatic simulations across various industries.
 

Cloud High Performance Computing (HPC) Market Key Takeaways


HPC is used across various application areas such as monitoring and mitigating the effects of climate change, producing safer and greener vehicles, increasing cybersecurity, and advancing the frontiers of knowledge across different scientific and research field. The increased access to HPC resources has helped in complex calculations and forecasts and research for developing vaccines for COVID-19 virus, with focus of containing the pandemic across the globe.

Market Drivers, Restraints, Trends, and Opportunities

  • The ability of HPC solutions to process large volumes of data with speed and accuracy is driving the market growth.
  • Increasing demand for solutions that can process the data at swift rate coupled with high accuracy in various fields is one of the major factors driving the growth of the market.
  • High capital expenditure (CAPEX) and operating expense (OPEX) involved can restrain the market growth.
  • Growing focus on hybrid HPC solutions is expected to provide tremendous opportunities for the cloud high performance computing (HPC) market.

Scope of the Report

The report on the cloud high performance computing (HPC) market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cloud High Performance Computing (HPC) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Services (HPC IaaS, HPC PaaS, Data Organization and Workload Management, Clustering Software and Analytics Tools, Professional Services, and Managed Services) Deployment Types (Public, Private, and Hybrid) End-user Applications (Academia and Research, Design and Engineering, Financial Services, Defense, Government, Manufacturing, Media and Entertainment, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Microsoft Corporation, Intel Corporation, International Business Machines Corporation, Fujistu Ltd, Amazon Web Services

 

Cloud High Performance Computing (HPC) Market Segment Insights

Professional services segment to expand at a robust CAGR
Based on services, the market is divided as HPC IaaS, HPC PaaS, data organization and workload management, clustering software and analytics tool, professional services and managed services. The professional services segment is projected to exhibit a robust CAGR during the forecast period. Increasing adoption of the HPC solutions is driving the segment growth

Public segment to grow at a rapid pace
Based on deployment types, the market is segregated as public, private and hybrid. The public cloud segment is projected to expand at a rapid pace and grow at a steady growth during the forecast period. On the other hand, the private segment is expected to grow at a high CAGR in the projected timeline.
 

Cloud High Performance Computing (HPC) Market By Deployment Types


Defense segment to account a considerable market share
Based on end-user applications, the market is divided into academia and research, design and engineering, financial services, defense, government, manufacturing, media and entertainment and others. The defense segment is projected to offer lucrative opportunities during the forecast period.

Various key military areas, including satellite image processing, signal and intelligence processing, and video analytics requires HPC solutions. For example, video data is collected through satellite, unmanned aerial vehicles (UAVs), and other devices. In this case, cloud HPC enables identification of security threats or targets of interest at a high accuracy. Moreover, increasing defense spending is expected to propel the segment growth.

The market in Asia Pacific to exhibit a high CAGR
Based on regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The market in Asia Pacific is expected to exhibit a high CAGR during the forecasted period. In Asia Pacific, India and China are expected to account for a major market share.

China aims to spend USD 59.07 billion by 2025 on the National AI Development Plan. This plan is aimed at positioning China as a market leader in artificial intelligence (AI) in driverless technology, consumer artificial intelligence applications, telemedicine, and bio-pharmacy, and it is expected to create huge potential for the development of the cloud high performance computing (HPC) market. These factors contribute to the overall growth of market in the Asia Pacific.
 

Cloud High Performance Computing (HPC) Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cloud High Performance Computing (HPC) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cloud High Performance Computing (HPC) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cloud High Performance Computing (HPC) Market - Supply Chain
  4.5. Global Cloud High Performance Computing (HPC) Market Forecast
     4.5.1. Cloud High Performance Computing (HPC) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cloud High Performance Computing (HPC) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cloud High Performance Computing (HPC) Market Absolute $ Opportunity
5. Global Cloud High Performance Computing (HPC) Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
6. North America Cloud High Performance Computing (HPC) Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
7. Latin America Cloud High Performance Computing (HPC) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
8. Europe Cloud High Performance Computing (HPC) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
9. Asia Pacific Cloud High Performance Computing (HPC) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
10. Middle East & Africa Cloud High Performance Computing (HPC) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cloud High Performance Computing (HPC) Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cloud High Performance Computing (HPC) Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cloud High Performance Computing (HPC) Market: Market Share Analysis
  11.2. Cloud High Performance Computing (HPC) Distributors and Customers
  11.3. Cloud High Performance Computing (HPC) Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Intel Corporation Inc.
     11.4.2. Hewlett-Packard Company
     11.4.3. Microsoft Corporation
     11.4.4. IBM
     11.4.5. Fujitsu Limited

Segments Covered in the Report

Services

  • HPC IaaS
  • HPC PaaS
  • Data Organization and Workload Management
  • Clustering Software and Analytics Tools
  • Professional Services
  • Managed Services

Deployment Type

  • Public
  • Private
  • Hybrid

End-user Application

  • Academia and Research
  • Design and Engineering
  • Financial Services
  • Defense
  • Government
  • Manufacturing
  • Media and Entertainment
  • Other End-user Application

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Key Players

  • Intel Corporation Inc.
  • Hewlett-Packard Company
  • Microsoft Corporation
  • IBM
  • Fujitsu Limited

The cloud high performance computing market is very competitive owing to the presence of many major players. The major players in the market are Intel Corporation Inc., Hewlett-Packard Company, Microsoft Corporation, IBM, and Fujitsu Limited.

Companies are engaging in product launches, investing on R&D activities, partnerships and acquisitions to expand their market share.
 

Cloud High Performance Computing (HPC) Market By Key Players

Buy Report