High-performance computing (HPC) companies, specialize in providing powerful computing solutions that deliver superior performance and processing capabilities. HPC is essential for complex simulations, scientific research, and data-intensive tasks, enabling advancements in various fields such as healthcare, finance, and weather forecasting. HPC companies play a crucial role in pushing the boundaries of computational capabilities.
Competitive Landscape of the High-Performance Computing Market:
The High-Performance Computing (HPC) market is a dynamic and rapidly evolving landscape, characterized by intense competition between established players and emerging startups. This market is driven by ongoing technological advancements, increasing demand for computational power across various industries, and the growing adoption of cloud based HPC solutions. Understanding the competitive landscape is crucial for businesses seeking to gain a foothold in this lucrative market.
Key Players:
Strategies Adopted:
The key strategies adopted by players in the HPC market include:
Factors for Market Share Analysis:
Several factors influence market share in the HPC market, including:
New and Emerging Companies:
Several new and emerging companies are entering the HPC market, offering innovative solutions and challenging the established players. These companies focus on specific niches and cater to the evolving needs of customers. Some notable examples include:
Current Company Investment Trends:
Recent company investment trends in the HPC market include:
Latest Company Updates:
At its Ludwigshafen location, BASF began up a new supercomputer in 2023 to replace the old one. The new supercomputer has a computational capacity of 3 petaflops, which is significantly greater than its 1.75 petaflop predecessor.
A new generation of High-Performance Computing Cluster, targeted for large-scale model training, was released by Tencent Cloud in 2023. Three improvements have been made to the overall performance from the previous one. Tencent Cloud's in-house created servers, fitted with the newest NVIDIA H800 GPUs, are used in this cluster. Large-scale model training, autonomous driving, scientific computing, and other applications can benefit from the high-performance, high-bandwidth, and low-latency cluster computing capability offered by the servers' 3.2T connection bandwidth.
HCLTech said on Wednesday, March 2023, that it has extended its partnership with Microsoft in order to offer high-performance computing (HPC) solutions to customers across many industries. Over a three-year period, HCLTech intends to train 3,000 people and establish a lab-cum-center of excellence (CoE) in partnership with Microsoft.
The High Performance Computing market size is projected to grow from USD 45147.2553 Million in 2024 to USD 78254.5 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.12% during the forecast period (2024 - 2032). Additionally, the market size for High Performance Computing was valued at USD 42154.3 Million in 2023.
Increasing adoption of HPC in government, industrial, and enterprise applications.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The growth of big data and the significant demand for cloud computing technology are driving the demand for HPC as a Service. Machine-to-machine communication, internet of things proliferation, and other data-generating sources have led to the generation of huge amounts of data. In order to effectively process data, enterprises are looking for budget-friendly solutions. HPC as a service gives enterprises the capability to process such huge, unstructured data without investing huge sums in hardware implementation and management. As a part of HPC as a Service, a third-party provider completely manages the processing and analysis of data. Enterprises need not spend huge sums on the deployment of the entire architecture on-premises, empowering enterprises to access high-end computing power without the additional capital investment of building and maintaining their own HPC cluster. Vendors operating in the market can tap the opportunity by providing HPC as a service to enterprises, specifically mid- and small-sized enterprises operating across various industry verticals, including manufacturing, BFSI, retail, and IT. Few companies have been offering HPC as a service, thereby taking early mover advantage in this segment of the market. Among the companies are Advania, Intel, IBM, and UberCloud.
In 2020, the world was faced with a pandemic like never before, and this completely changed the way the world functions in the most fundamental ways. The pandemic adversely affected many aspects of life and rendered multiple markets unable to sustain huge losses in these times. Computing is playing a key role in combating the COVID-19 pandemic, as it has in other national catastrophes ranging from hurricanes, earthquakes, and oil spills to pandemics, wildfires, and even rapid turnaround modelling when space missions have been endangered, to increase the effectiveness and timeliness of these response.
Russia's invasion of Ukraine and the ongoing effects of the pandemic had a negative and unclear impact on the world economy. Many of the downside risks mentioned in April World Economic Outlook have started to manifest. The world's financial conditions have become more rigid due to higher-than-expected inflation, particularly in the United States and major European nations. With COVID-19 outbreaks and lockdowns, China's recession has been greater than expected, and the conflict in Ukraine has had further detrimental effects.
The High Performance Computing Market is segmented based on component and includes hardware, software, and services. The hardware segment dominated the market in 2022. The networking devices are part of the hardware, which is an essential component of high-performance computing. These include a computer node, interconnects for a network, and system management. Computer nodes include the most commonly used rack-mounted servers and blade servers. Other essential components include network switches, a power distribution unit, Ethernet, gateways, routers, and cables. Along with these, there is also the need for a serial port, a baseboard management controller, and a KVM for remote monitoring, among others.
November 2020 Intel cooperated with HPE, an American multinational enterprise information technology business, and Argonne, a science and engineering research national laboratory administered by the University of Chicago Argonne for the United States Department of Energy.
Figure 2: High Performance Computing Market Size (Usd Million) By Component 2022 Vs 2032
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
High Performance Computing Deployment Insights
The High Performance Computing Market segmentation, based on deployment, includes on-premises and cloud. On-premises segments accounted for the largest market share in 2022. Although on-cloud deployment is an emerging and enhanced trend due to several benefits that it offers, including its scalability and flexibility in high-performance computing, on-premises deployment is considered safe and approachable for a number of enterprises. One of the major advantages of on-premises deployment over cloud deployment is that it is highly secure against cyberattacks and security breaches. Although the cost of maintenance is very high in terms of on-premise deployment, several enterprises prefer using on-premise deployment.
July 2021 Hewlett Packard Enterprise Expands HPE GreenLake Edge-to-Cloud Platform with the Purchase of Zerto, a Leader in Cloud Data Management and Protection.
Figure 3: High Performance Computing Market Size (Usd Million) By Deployment 2022 Vs 2032
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The High Performance Computing Market data has been bifurcated by Vertical into BFSI, chemicals, pharmaceutical, IT & telecom, retail, healthcare, transportation logistics, defense, oil and gas, manufacturing, energy & utility and others. The BFSI category maintained the biggest revenue share in 2022, as the banking, financial services, and insurance (BFSI) is a major sector that deals with huge volumes of sensitive customer data. Therefore, enterprises largely rely on high-performance computing technology for high-frequency trading, real-time analytics, and simulations to gather, store, and analyze a large amount of customer data. Banks and financial institutes are using high computing applications for instant execution, risk escalation, concerns regarding security, and gaining a competitive advantage in the market. This technology is estimated to show huge growth in the coming years.
April 2021 NVIDIA unveiled its first data centre CPU, an Arm-based processor that outperforms the current fastest servers on the most challenging AI and HPC applications.
Figure 4: High Performance Computing Market Size (Usd Million) By Vertical 2022 Vs 2032
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. The North America high performance computing market accounted for USD 10,358.4 million in 2021 and is expected to exhibit an XX% CAGR during the study period. A key factor driving the growth of the market is the continuous investments by various industries, including defense, transportation, manufacturing, BFSI, and retail, in high-performance computing technology. Additionally, the region is a hub for the largest buyers of supercomputers and has witnessed the presence of leading HPC vendors such as Dell EMC, Lenovo, and IBM, thereby making North America the largest revenue generator globally. North America is expected to register a CAGR of 4.9 % during the forecast period.
The countries considered in the scope of high performance computing market are US, Canada, Mexico, UK, Germany, France, Italy, Spain, Switzerland, Austria, Belgium, Denmark, Finland, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Sweden, Romania, Ireland, China, Japan, Singapore, Malaysia, Indonesia, Philippines, South Korea, Hong Kong, Macau, Singapore, Brunei, India, Australia & New Zealand, South Africa, Egypt, Nigeria, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, Kuwait, and Oman, Brazil, Argentina, Chile, and others.
Figure 5: High Performance Computing Market Size (Usd Million) By Region 2022 Vs 2032
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Key competitors are working on growth strategies, partnerships, and mergers and acquisitions in order to stay competitive by expanding their reach, developing market trends, making technological breakthroughs, and delivering services. The global high-performance computing (HPC) market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive, with all the players competing to gain a higher market share.
Some of the major players operating in the global market include IBM Corporation, Hewlett Packard Enterprise Company, Intel Corporation, Microsoft Corporation, Cisco Systems, Inc., Inspur, Inc., Fujitsu Ltd, Oracle Corporation, Dell, Inc., and Dawning Information Industry Co. Ltd. and Others.
February 2024:
IBM announced Qiskit 1.0, a significant milestone in quantum computing. This stable release of the popular quantum computing SDK brings marked improvements in circuit construction, compilation times, and memory consumption. Additionally, IBM introduces AI transpilation alpha for Premium Users, optimizing circuit compilation with reinforcement learning, and execution modes like batch mode for enhanced throughput. The release also unveils Qiskit Patterns, facilitating scalable quantum algorithm development, and Quantum Serverless in beta for managed execution of quantum workflows
November 2023:
Intel is gearing up to launch its refreshed Xeon W-2500 "Sapphire Rapids" CPU lineup for workstations, boasting up to 26 cores, clock speeds hitting 4.8 GHz, and a 250W TDP. These CPUs, built on the Golden Cove P-Core architecture, will support DDR5 memory and feature a range of SKUs offering increased core counts and higher TDPs compared to their predecessors. Expected to debut in early 2024, the lineup aims to rival AMD's Threadripper 7000 series in the mainstream workstation market, offering improved performance and competitiveness.
March 2022:
Azure HBv3 virtual machines (VMs) are now generally available with AMD EPYC 3rd Gen AMD EPYC™ processors with AMD 3D V-Cache™ technology, offering significant performance upgrades. These VMs deliver up to 80% higher performance for CFD, 60% for EDA RTL, 50% for explicit FEA, and 19% for weather simulation. The enhanced CPUs are accessible by deploying new HBv3 VMs, with existing ones continuing with 3rd Gen AMD EPYC processors until reallocation. This upgrade underscores Azure's commitment to providing high-performance, cost-effective cloud HPC solutions, benefiting various industries reliant on memory performance-bound workloads.
High Performance Computing Market Segmentation
High Performance Computing Market Highlights:
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