High Performance Computing (HPC) Market Research Report, by Deployment (On Premise, On Cloud), by Vertical (BFSI, Manufacturing, Retail, Healthcare), by Component (Storage, Software, Server) – Forecast till 2030

High-performance Computing (HPC) Market Overview:

The High Performance Computing Market generated USD 31 billion in 2017 and is expected to reach a market value of USD 69.82 Billion by 2030 growing with a 7.03% CAGR.If you're wondering where high-performance computing was used then here's the answer. High-performance computing was earlier used for training and simulation, a navigation system, which is mostly used in defense and aerospace. There are industrial verticals that require high-performance computing capabilities which results in high-performance computing. High-performance computing technology is emerging mostly in the fields of the government sector for its national defense and security requirements.

The opportunities include high-performance computing in aerospace, automotive, steel and welding, consumer packaged goods and manufacturing, energy consumption and production, health care, finance, sports and entertainment, weather forecast, and space research.

North America is leading the market by holding the largest market share since the year of 2017. The technological advancements in North America as well as the developing supercomputing facilities are the major factors considered for the high growth rate of North America. In addition to this, the US is the leading market whereas other countries like Canada are expected to show high growth rates in the upcoming future.

The region of Asia Pacific is also one of the fastest-growing market for high-performance computing. The factors for such a fast-growing market are due to the increasing adoption of high-performance computing for weather forecasting and research activities. 

The rest of the regions are expected to show a steady growth rate during the forecasted period of 2017 to 2023.

• Machines Corporation


• Advanced Micro Devices, Inc.


• Hewlett Packard Enterprise


• Intel Corporation


• Lenovo Group Limited


• Dell Inc.


• Atos SE


• Cisco Systems, Inc.


• Nvidia Corporation


• Amazon Web Services

All these prominent key players play a major road in the dynamics and growth of the HPC market. These major key players opt for many strategies, new production processes, collaborations, technology widening the existing products, partnerships, etc. All these strategies are opted to get the needs of customers and develop a strong potential growth base. The High Performance Computing Market has generated USD 31 billion in 2017 and is expected to reach a market value of USD 50 billion by 2023 growing with 8% CAGR.

Recent Developments:Given below are few recent developments seen in the high-performance computing market-

• Market overview


• Covid 19 analysis


• Market dynamics


• Market segmentation


• Regional analysis


• Competitive landscape


• Recent developments


• Intended audience

In the global HPC market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and hands the global market of HPCs. Various factors restrain the growth of HPCs and hamper the development of such a fine-based market. The research report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, and the HPC market. In 2017, the value of the high-performance computing market reached 31 billion. It is expected that by 2023, High Performance Computing Market has generated USD 31 billion in 2017 and is expected to reach a market value of USD 50 billion by 2023 growing with 8% CAGR.

• HPC vendors


• System integrators


• Consultancy and advisory firms


• End-Users


• Data integration service providers


• Managed service providers


• Enterprise customers