Market Overview:
The global high performance computing (HPC) services market is expected to grow from US$ 9,898.5 Mn in 2018 to US$ 23,746.9 Mn by 2030, at a CAGR of 13.8% during the forecast period. The growth of the global high performance computing (HPC) services market can be attributed to the increasing demand for HPC services from small and medium businesses (SMBs) and large enterprises across the globe. Additionally, factors such as rising adoption of hybrid cloud HPC and increasing focus on big data analytics are also contributing significantly to the growth of the global high performance computing (HPC) services market.
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Product Definition:
High performance computing (HPC) is the use of parallel processing, distributed computing and graphical processing units to increase performance in areas such as scientific research and business analytics.
The term “high performance” can be relative, but generally refers to systems that can achieve thousands of calculations per second or more. In some cases, high performance systems are used to achieve petaflop speeds – that is, a quadrillion floating point operations per second.
Public Cloud HPC:
Public cloud HPC is a type of high performance computing (HPC) service that provides shared computer infrastructure to many users over the internet. It is also known as pay-as-you-go computing owing to its ability to allow enterprises and consumers access resources as per their requirements without any prior commitment or payment.
Private Cloud HPC:
Private cloud HPC and it's usage in high-performance computing services market is a new term which has entered the market recently. It is still not well understood among many end users, so let me try to explain what it actually means. The private cloud consists of virtualized hardware resources that can be allocated on demand to various applications and services running on-premises or over the internet. These resources include storage, processing power (cores), memory, network capacity etc.
Application Insights:
The Large Enterprise segment dominated the global high performance computing(HPC) services market in 2017. The growth of this segment can be attributed to the growing demand for HPC from large enterprises to perform simulations and crunch huge data efficiently. For instance, a research study states that nearly 60% of HPC applications are deployed on premise at large organizations while 40% are outsourced to cloud providers.
The SMBs category is expected register significant growth over the forecast period owing to increasing adoption of high performance computing among small businesses and start-ups for various tasks such as data analytics, simulation, machine learning and genomic analysis. Furthermore, an increase in computational power is no longer sufficient; it needs proper visualization tools along with it which is where hybrid cloud comes into play as both resources are effectively utilized by leveraging each other's capabilities resulting in improved overall performance.
Regional Analysis:
North America dominated the global high performance computing (HPC) services market in 2016 with a revenue share of over 35%. The region is expected to maintain its dominance throughout the forecast period owing to significant investments made by governments and organizations for developing advanced technologies. For instance, in 2015, National Science Foundation (NSF), a U.S.-based organization provided funding worth USD X million for supporting supercomputers at universities and research centers across U.S., which was one of the major factors that contributed towards North America’s large revenue share in 2016.
Asia Pacific is anticipated to grow at an exponential rate during the forecast period owing to increasing demand from SMBs as well as large enterprises operating across various sectors such as oil & gas, manufacturing, healthcare & life sciences etc.
Growth Factors:
- Increasing demand for High Performance Computing services from the government and defense sectors to meet the growing needs of big data analytics, simulation and modeling, and other advanced applications
- Proliferation of connected devices and the Internet of Things (IoT) is generating huge volumes of data that need to be processed in real-time, which is driving demand for High Performance Computing services
- Rapid growth in digital content such as videos, images, and social media is resulting in increased demand for High Performance Computing services from enterprises to manage their storage needs
- Growing number of small businesses are turning to cloud-based HPC solutions to get started with high performance computing without making large capital investments
- Advancements in artificial intelligence (AI) and machine learning are requiring more powerful computing capabilities that can only be delivered through High Performance Computing services
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Computing(HPC) Services Market Research Report
By Type
Public Cloud HPC, Private Cloud HPC, Hybrid Cloud HPC
By Application
Small and Medium Businesses(SMBs), Large Enterprises
By Companies
IBM, Microsoft, Google, Dell, Amazon Web Services, Intel, Penguin Computing, Sabalcore Computing, Adaptive Computing, Gompute, Univa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Computing(HPC) Services Market Report Segments:
The global High Performance Computing(HPC) Services market is segmented on the basis of:
Types
Public Cloud HPC, Private Cloud HPC, Hybrid Cloud HPC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Businesses(SMBs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- Google
- Dell
- Amazon Web Services
- Intel
- Penguin Computing
- Sabalcore Computing
- Adaptive Computing
- Gompute
- Univa
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Highlights of The High Performance Computing(HPC) Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Cloud HPC
- Private Cloud HPC
- Hybrid Cloud HPC
- By Application:
- Small and Medium Businesses(SMBs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Performance Computing(HPC) Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Performance Computing(HPC) Services are a type of computing service that allow users to access large amounts of processing power and storage space to run complex calculations. This type of service is often used by scientists, engineers, and other professionals who need to perform detailed simulations or analysis.
Some of the key players operating in the high performance computing(hpc) services market are IBM, Microsoft, Google, Dell, Amazon Web Services, Intel, Penguin Computing, Sabalcore Computing, Adaptive Computing, Gompute, Univa.
The high performance computing(hpc) services market is expected to grow at a compound annual growth rate of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Performance Computing(HPC) Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Performance Computing(HPC) Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance Computing(HPC) Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Performance Computing(HPC) Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Performance Computing(HPC) Services Market Size & Forecast, 2018-2028
4.5.1 High Performance Computing(HPC) Services Market Size and Y-o-Y Growth
4.5.2 High Performance Computing(HPC) Services Market Absolute $ Opportunity
Chapter 5 Global High Performance Computing(HPC) Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Performance Computing(HPC) Services Market Size Forecast by Type
5.2.1 Public Cloud HPC
5.2.2 Private Cloud HPC
5.2.3 Hybrid Cloud HPC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Computing(HPC) Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Performance Computing(HPC) Services Market Size Forecast by Applications
6.2.1 Small and Medium Businesses(SMBs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Computing(HPC) Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Performance Computing(HPC) Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Performance Computing(HPC) Services Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Computing(HPC) Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Performance Computing(HPC) Services Market Size Forecast by Type
9.6.1 Public Cloud HPC
9.6.2 Private Cloud HPC
9.6.3 Hybrid Cloud HPC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Performance Computing(HPC) Services Market Size Forecast by Applications
9.10.1 Small and Medium Businesses(SMBs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Performance Computing(HPC) Services Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Computing(HPC) Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Performance Computing(HPC) Services Market Size Forecast by Type
10.6.1 Public Cloud HPC
10.6.2 Private Cloud HPC
10.6.3 Hybrid Cloud HPC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Performance Computing(HPC) Services Market Size Forecast by Applications
10.10.1 Small and Medium Businesses(SMBs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Performance Computing(HPC) Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Computing(HPC) Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Performance Computing(HPC) Services Market Size Forecast by Type
11.6.1 Public Cloud HPC
11.6.2 Private Cloud HPC
11.6.3 Hybrid Cloud HPC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Performance Computing(HPC) Services Market Size Forecast by Applications
11.10.1 Small and Medium Businesses(SMBs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Performance Computing(HPC) Services Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Computing(HPC) Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Performance Computing(HPC) Services Market Size Forecast by Type
12.6.1 Public Cloud HPC
12.6.2 Private Cloud HPC
12.6.3 Hybrid Cloud HPC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Performance Computing(HPC) Services Market Size Forecast by Applications
12.10.1 Small and Medium Businesses(SMBs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Performance Computing(HPC) Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Computing(HPC) Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Performance Computing(HPC) Services Market Size Forecast by Type
13.6.1 Public Cloud HPC
13.6.2 Private Cloud HPC
13.6.3 Hybrid Cloud HPC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Performance Computing(HPC) Services Market Size Forecast by Applications
13.10.1 Small and Medium Businesses(SMBs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Performance Computing(HPC) Services Market: Competitive Dashboard
14.2 Global High Performance Computing(HPC) Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Microsoft
14.3.3 Google
14.3.4 Dell
14.3.5 Amazon Web Services
14.3.6 Intel
14.3.7 Penguin Computing
14.3.8 Sabalcore Computing
14.3.9 Adaptive Computing
14.3.10 Gompute
14.3.11 Univa
