High Performance Computing Market

High Performance Computing Market by Components (Storage, Software, Servers, Networking Devices, Cloud, Services, and Others), Deployments (Cloud and On-premise), End-users (Healthcare & Bioscience, BFSI, Manufacturing, Gaming, Education & Research, Media & Entertainment, Government & Defense, Transportation, Retail, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2191
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 166
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global high performance computing market size is anticipated to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising inclination for hybrid high performance computing solutions and increasing demand for high-efficiency computing.

The use of parallel processing to run advanced application programs consistently, efficiently, and swiftly is known as high performance computing (HPC). Furthermore, it is a method of accumulating computing resources to achieve high performance in solving a large number of problems in science, industry, or engineering.

High Performance Computing Market Key Takeaways

Moreover, all forms of servers and micro-servers are utilized for highly computational or data-intensive tasks through HPC systems. On the other hand, HPC systems can process more than a teraflop of data per second that is 1012 floating-point operations per second. Additionally, HPC is well-suited for applications such as autonomous vehicles, high-frequency trading, genomics-based customized medicine, deep learning, computer-aided design, and high-performance data computing and analysis.

According to IBM Corp., the COVID-19 High Performance Computing Consortium, an initiative to provide supercomputing power to researchers working on COVID-19-related projects. It focuses on enabling researchers to identify therapies for patients infected with the coronavirus. Furthermore, well-established manufacturers all around the world are partnering with key players and taking steps to encourage the use of HPC to combat COVID-19 with the help of technology.

Moreover, the search for COVID-19 therapies is being aided by supercomputers. The improved access to HPC resources has helped in sophisticated calculations and forecasts along with the simulation research for vaccine development in order to control the pandemic across the globe.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing need for HPC solutions to process large volumes of data with high speed and accuracy is one of the key factors propelling the market growth during the forecast period.
  • Rising demand for high-efficiency computing in different industries, such as finance, research, medical, geological exploration & analysis, and government & defense is expected to fuel the market expansion in the coming years.
  • Growing adoption of cloud computing along with the digitization initiatives implemented by several governments across globe is estimated to boost the market growth.
  • Lack of a trained technician and increasing security concerns are key restraining factors challenging the market growth.
  • High capital expenditure involved in setting up organization’s on-premises or cloud infrastructure is anticipated to hinder the market expansion.
  • Ongoing technological advancements in hybrid HPC solutions in order to gain better efficiency is estimated to offer lucrative opportunity for market growth in the coming years.

Scope of the Report

The report on the global high performance computing 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

High Performance Computing Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Components (Storage, Software, Servers, Networking Devices, Cloud, Services, and Others), Deployments (Cloud and On-premise), and End-users (Healthcare & Bioscience, BFSI, Manufacturing, Gaming, Education & Research, Media & Entertainment, Government & Defense, Transportation, Retail, 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

Atos SE; IBM Corp.; Advanced Micro Devices, Inc.; Intel Corp.; Hewlett Packard Enterprise Development LP; FUJITSU; Dell Technologies Inc.; and Cisco Systems, Inc.

Market Segment Insights

Servers segment is estimated to grow at a rapid pace

Based on components, the global high performance computing market is segregated as storage, software, servers, networking devices, cloud, services, and others. The servers segment is estimated to grow at a rapid pace during the forecast period due to the increasing number of data centers as many mid-size enterprises and businesses are in the process of capitalizing in colocation and on-premises infrastructure to support the rising need for public cloud services.

However, the service segment is projected to gain a large market share in the coming years, owing to the various services offered by high performance computing, such as maintenance, support, and management. Furthermore, support is especially important while setting up HPC systems and getting them up and running. On the other hand, maintenance services include system upgrades and troubleshooting.

High Performance Computing Market By Components

On-premise segment is projected to expand at a considerable CAGR

On the basis of deployments, the market is bifurcated into cloud and on- premise. The on- premise segment is projected to expand at a considerable CAGR during the forecast period due to the increasing concerns related to the security of sensitive data connected to national security and individuals' personal data along with the organizational data.

For example, in Mexico, the Data Protection Laws went into effect in 2010, allow for the distribution of data assets across the country. Furthermore, the government believes that in order to maintain national security, all sensitive data maintained by various government agencies along with the personal data of citizens should remain within Mexican jurisdiction. Thus, all these factors are estimated to propel the segment growth in the coming years.

However, the cloud segment is expected to register a key market share during the forecast period due to the increasing efficiency and cost-effectiveness as the organizations need not to invest in extra computing sources.

Government & defense segment is estimated to gain a large revenue share

Based on end- users, the global high performance computing market is segmented into healthcare & bioscience, banking financial services and insurance (BFSI), manufacturing, gaming, education & research, media & entertainment, government & defense, transportation, retail, and others. The government & defense segment is estimated to gain a large revenue share during the forecast period, owing to the growing adoption of advanced IT solutions in order to improve the computing efficiency.

However, manufacturing segment is anticipated to expand at a considerable CAGR in the coming years. Manufacturing operations are typically time-consuming and computationally intensive. Furthermore, manufacturing companies frequently use simulation and CAD software, along with the HPC equipment. On the other hand, HPC systems can be utilized in the manufacturing industry for computational structural mechanics, fluid dynamics, and computational electromagnetics to improve performance, speed up computations, and assure quick access to data.

High Performance Computing Market By End Users

North America is anticipated to constitute a key market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share during the forecast period, owing to the rapid implementation and development of new technology in several industries across the region.

Furthermore, some of the large corporations in the world, such as Boeing and General Motors along with the numerous small and medium enterprises are aggressively adopting HPC systems to assist them to overcome technical constraints. Thus, it is expected to boost the market growth in the region.

However, the market of Asia Pacific is estimated to gain a large revenue share in the coming years the increasing adoption of HPC systems for weather forecasting and scientific research. Furthermore, China is one of the top ten countries in the world for high performance computing market. Additionally, supercomputers such as Tianhe-2 (Milkyway-2) was built by China's National University of Defense Technology, funded by the city of Guangzhou and the province of Guangdong.

Segments

Segments Covered in the Report
The global high performance computing market has been segmented on the basis of

Components
  • Storage
  • Software
  • Servers
  • Networking Devices
  • Cloud
  • Services
  • Others
Deployments
  • Cloud
  • On-premise
End-users
  • Healthcare & Bioscience
  • BFSI
  • Manufacturing
  • Gaming
  • Education & Research
  • Media & Entertainment
  • Government & Defense
  • Transportation
  • Retail
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Atos SE
  • IBM Corp.
  • Advanced Micro Devices, Inc.
  • Intel Corp.
  • Hewlett Packard Enterprise Development LP
  • FUJITSU
  • Dell Technologies Inc.
  • Cisco Systems, Inc.

Competitive Landscape

Some of the key players competing in the global high performance computing market are Atos SE; IBM Corp.; Advanced Micro Devices, Inc.; Intel Corp.; Hewlett Packard Enterprise Development LP; FUJITSU; Dell Technologies Inc.; and Cisco Systems, Inc.

These key players are focusing on several marketing strategies, such as mergers & acquisition, partnerships & collaborations, R & D activities in order to sustain the revenue share in the industry.

Travelport has selected Amazon Web Services (AWS) as its preferred cloud partner in June 2021. It is further announcing plans to leverage the organization’s portfolio to improve the performance and scalability of its operations. AWS will employ other technology, such as HPC, security, storage, machine learning analytics, and databases along with cloud capabilities to provide Travelport with a faster, easier, and more personalized trip booking experience.

Dassault Systemes has finalized the acquisition of Medidata Solutions Inc. in November 2020, which helps the clinical knowledge and cloud-based solutions to enable smarter treatment development and commercialization. Furthermore, Dassault Systemes has a comprehensive offering that represents a thorough grasp of healthcare, its ecosystem, and market needs, allowing it to lead the digital transformation of life sciences in the age of customized treatment and patient-centric experience.

For example, in February 2020, Atos SE has announced the acquisition of Maven Wave, a technology and cloud consultancy firm based in the United States. Atos SE intends to use this acquisition to expand its machine learning, cloud-solutions, and data analytics business across multi-cloud platforms.

High Performance Computing Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Performance Computing 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. High Performance Computing Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. High Performance Computing Market - Supply Chain
  4.5. Global High Performance Computing Market Forecast
     4.5.1. High Performance Computing Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. High Performance Computing Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. High Performance Computing Market Absolute $ Opportunity
5. Global High Performance Computing Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. High Performance Computing Market Size and Volume Forecast by End Users
     5.3.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global High Performance Computing Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. High Performance Computing Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global High Performance Computing Demand Share Forecast, 2019-2026
7. North America High Performance Computing 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
  7.2. North America High Performance Computing Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America High Performance Computing Market Size and Volume Forecast by End Users
     7.4.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America High Performance Computing Demand Share Forecast, 2019-2026
8. Latin America High Performance Computing 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. Latin America Average Pricing Analysis
  8.2. Latin America High Performance Computing Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America High Performance Computing Market Size and Volume Forecast by End Users
     8.4.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America High Performance Computing Demand Share Forecast, 2019-2026
9. Europe High Performance Computing 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. Europe Average Pricing Analysis
  9.2. Europe High Performance Computing Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe High Performance Computing Market Size and Volume Forecast by End Users
     9.4.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe High Performance Computing Demand Share Forecast, 2019-2026
10. Asia Pacific High Performance Computing 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific High Performance Computing Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific High Performance Computing Market Size and Volume Forecast by End Users
     10.4.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific High Performance Computing Demand Share Forecast, 2019-2026
11. Middle East & Africa High Performance Computing Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa High Performance Computing Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa High Performance Computing Market Size and Volume Forecast by End Users
     11.4.1. Healthcare & Bioscience BFSI Manufacturing Gaming Education & Research Media & Entertainment  
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa High Performance Computing Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global High Performance Computing Market: Market Share Analysis
  12.2. High Performance Computing Distributors and Customers
  12.3. High Performance Computing Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Atos SE IBM Corp. Advanced Micro Devices, Inc. Intel Corp. Hewlett Packard Enterprise Development LP FUJITSU  
Segments Covered in the Report
The global high performance computing market has been segmented on the basis of

Components
  • Storage
  • Software
  • Servers
  • Networking Devices
  • Cloud
  • Services
  • Others
Deployments
  • Cloud
  • On-premise
End-users
  • Healthcare & Bioscience
  • BFSI
  • Manufacturing
  • Gaming
  • Education & Research
  • Media & Entertainment
  • Government & Defense
  • Transportation
  • Retail
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Atos SE
  • IBM Corp.
  • Advanced Micro Devices, Inc.
  • Intel Corp.
  • Hewlett Packard Enterprise Development LP
  • FUJITSU
  • Dell Technologies Inc.
  • Cisco Systems, Inc.

Some of the key players competing in the global high performance computing market are Atos SE; IBM Corp.; Advanced Micro Devices, Inc.; Intel Corp.; Hewlett Packard Enterprise Development LP; FUJITSU; Dell Technologies Inc.; and Cisco Systems, Inc.

These key players are focusing on several marketing strategies, such as mergers & acquisition, partnerships & collaborations, R & D activities in order to sustain the revenue share in the industry.

Travelport has selected Amazon Web Services (AWS) as its preferred cloud partner in June 2021. It is further announcing plans to leverage the organization’s portfolio to improve the performance and scalability of its operations. AWS will employ other technology, such as HPC, security, storage, machine learning analytics, and databases along with cloud capabilities to provide Travelport with a faster, easier, and more personalized trip booking experience.

Dassault Systemes has finalized the acquisition of Medidata Solutions Inc. in November 2020, which helps the clinical knowledge and cloud-based solutions to enable smarter treatment development and commercialization. Furthermore, Dassault Systemes has a comprehensive offering that represents a thorough grasp of healthcare, its ecosystem, and market needs, allowing it to lead the digital transformation of life sciences in the age of customized treatment and patient-centric experience.

For example, in February 2020, Atos SE has announced the acquisition of Maven Wave, a technology and cloud consultancy firm based in the United States. Atos SE intends to use this acquisition to expand its machine learning, cloud-solutions, and data analytics business across multi-cloud platforms.

High Performance Computing Market By Key Players

Buy Report