Product Code: PM3042
The global high performance computing market size is expected to reach USD 115.09 billion by 2034, according to a new study by Polaris Market Research. The report "High Performance Computing Market Size, Share, & Industry Analysis Report: By Component (Hardware and Software & Services), By Deployment, By Industrial Vertical, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
High performance computing (HPC) involves the use of aggregated computing power to achieve significantly higher performance than generally available from typical computers. This is accomplished through the deployment of supercomputers or clusters of interconnected computing nodes that work in parallel to solve complex problems. These sophisticated systems are designed to handle vast amounts of data and perform intricate calculations at exceptional speeds, enabling advancements across numerous fields that rely on intensive computational tasks. The fundamental principle of HPC is to divide a large problem into smaller parts and distribute them across multiple processors for simultaneous processing, thereby dramatically reducing the time required for computation.
The high performance computing (HPC) market growth is driven by the ever-increasing demand for computational power across a wide array of industries and research domains. Factors such as the growing complexity of scientific simulations, the surging adoption of big data analytics, and the rapid advancements in artificial intelligence (AI) are fueling the need for enhanced HPC capabilities.
Government initiatives supporting scientific research, coupled with private sector investments in innovation, contribute significantly to the market's expansion. The market encompasses the hardware infrastructure, including high-performance processors, memory systems, and interconnects, as well as the software, services, and cloud-based solutions that facilitate the effective utilization of these powerful computing resources.
High Performance Computing Market Report Highlights
By component, the hardware segment holds a larger HPC market share, primarily due to the substantial investments required for the physical infrastructure that forms the backbone of HPC systems globally.
By deployment, the on-premise deployment model accounts for the largest market share at present, mainly because of the established presence of traditional HPC infrastructure within organizations demanding high levels of customization, control, and data security, particularly in regions with stringent regulatory environments and established research institutions.
By industrial vertical, the education & research segment holds the largest market share, driven by the extensive utilization of HPC systems in academic institutions and research organizations worldwide for a wide range of applications, including scientific simulations and complex modeling across various disciplines.
By region, North America holds the largest share of the high performance computing market. The Asia Pacific region is projected to exhibit the highest growth rate in the market over the forecast period.
A few major players actively operating in the market include International Business Machines Corporation (IBM); Hewlett Packard Enterprise Company (HPE); Dell Technologies Inc.; Atos SE; Fujitsu Limited; Lenovo Group Limited; Advanced Micro Devices, Inc. (AMD); NVIDIA Corporation; Intel Corporation; and Oracle Corporation.
Polaris Market Research has segmented the high performance computing market report on the basis of component, deployment, industrial vertical, and region:
By Component Outlook (Revenue - USD Billion, 2020-2034)
Hardware
Servers
Systems
Networking Devices
Storage Devices
Software & Services
By Deployment Outlook (Revenue - USD Billion, 2020-2034)
On-premise
Cloud
By Industrial Vertical Outlook (Revenue - USD Billion, 2020-2034)
Healthcare & Life Science
Energy & Utilities
Manufacturing
Aerospace & Defense
Education & Research
Media & Entertainment
BFSI
Others
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source
4. Global High Performance Computing Market Insights
- 4.1. High Performance Computing Market - Market Snapshot
- 4.2. High Performance Computing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing Demand for Big Data Analytics
- 4.2.1.2. Growing Adoption of Artificial Intelligence (AI) and Machine Learning (ML)
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Significant capital investment and operational complexity
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. High Performance Computing Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global High Performance Computing Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 5.3. Hardware
- 5.3.1. Global High Performance Computing Market, by Hardware, by Region, 2020-2034 (USD Billion)
- 5.3.2. Servers
- 5.3.3. Systems
- 5.3.4. Networking Devices
- 5.3.5. Storage Devices
- 5.4. Software & Services
- 5.4.1. Global High Performance Computing Market, by Software & Services, by Region, 2020-2034 (USD Billion)
6. Global High Performance Computing Market, by Deployment
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 6.3. On-premise
- 6.3.1. Global High Performance Computing Market, by On-premise, by Region, 2020-2034 (USD Billion)
- 6.4. Cloud
- 6.4.1. Global High Performance Computing Market, by Cloud, by Region, 2020-2034 (USD Billion)
7. Global High Performance Computing Market, by Industrial Vertical
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 7.3. Healthcare & Lifescience
- 7.3.1. Global High Performance Computing Market, by Healthcare & Lifescience, by Region, 2020-2034 (USD Billion)
- 7.4. Energy & Utilities
- 7.4.1. Global High Performance Computing Market, by Energy & Utilities, by Region, 2020-2034 (USD Billion)
- 7.5. Manufacturing
- 7.5.1. Global High Performance Computing Market, by Manufacturing, by Region, 2020-2034 (USD Billion)
- 7.6. Aerospace & Defence
- 7.6.1. Global High Performance Computing Market, by Aerospace & Defence, by Region, 2020-2034 (USD Billion)
- 7.7. Education & Research
- 7.7.1. Global High Performance Computing Market, by Education & Research, by Region, 2020-2034 (USD Billion)
- 7.8. Media & Entertainment
- 7.8.1. Global High Performance Computing Market, by Media & Entertainment, by Region, 2020-2034 (USD Billion)
- 7.9. BFSI
- 7.9.1. Global High Performance Computing Market, by BFSI, by Region, 2020-2034 (USD Billion)
- 7.10. Others
- 7.10.1. Global High Performance Computing Market, by Others, by Region, 2020-2034 (USD Billion)
8. Global High Performance Computing Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. High Performance Computing Market Assessment, By Geography, 2020-2034 (USD Billion)
- 8.3. High Performance Computing Market - North America
- 8.3.1. North America: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.3.2. North America: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.3.3. North America: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.3.4. High Performance Computing Market - U.S.
- 8.3.4.1. U.S.: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.3.4.2. U.S.: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.3.4.3. U.S.: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.3.5. High Performance Computing Market - Canada
- 8.3.5.1. Canada: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.3.5.2. Canada: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.3.5.3. Canada: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4. High Performance Computing Market - Europe
- 8.4.1. Europe: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.2. Europe: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.3. Europe: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.4. High Performance Computing Market - UK
- 8.4.4.1. UK: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.4.2. UK: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.4.3. UK: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.5. High Performance Computing Market - France
- 8.4.5.1. France: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.5.2. France: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.5.3. France: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.6. High Performance Computing Market - Germany
- 8.4.6.1. Germany: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.6.2. Germany: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.6.3. Germany: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.7. High Performance Computing Market - Italy
- 8.4.7.1. Italy: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.7.2. Italy: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.7.3. Italy: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.8. High Performance Computing Market - Spain
- 8.4.8.1. Spain: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.8.2. Spain: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.8.3. Spain: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.9. High Performance Computing Market - Netherlands
- 8.4.9.1. Netherlands: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.9.2. Netherlands: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.9.3. Netherlands: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.10. High Performance Computing Market - Russia
- 8.4.10.1. Russia: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.10.2. Russia: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.10.3. Russia: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.4.11. High Performance Computing Market - Rest of Europe
- 8.4.11.1. Rest of Europe: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.4.11.2. Rest of Europe: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.4.11.3. Rest of Europe: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5. High Performance Computing Market - Asia Pacific
- 8.5.1. Asia Pacific: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.4. High Performance Computing Market - China
- 8.5.4.1. China: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.4.2. China: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.4.3. China: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.5. High Performance Computing Market - India
- 8.5.5.1. India: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.5.2. India: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.5.3. India: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.6. High Performance Computing Market - Malaysia
- 8.5.6.1. Malaysia: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.6.2. Malaysia: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.6.3. Malaysia: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.7. High Performance Computing Market - Japan
- 8.5.7.1. Japan: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.7.2. Japan: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.7.3. Japan: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.8. High Performance Computing Market - Indonesia
- 8.5.8.1. Indonesia: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.8.2. Indonesia: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.8.3. Indonesia: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.9. High Performance Computing Market - South Korea
- 8.5.9.1. South Korea: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.9.2. South Korea: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.9.3. South Korea: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.10. High Performance Computing Market - Australia
- 8.5.10.1. Australia: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.10.2. Australia: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.10.3. Australia: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.5.11. High Performance Computing Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.5.11.2. Rest of Asia Pacific: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.5.11.3. Rest of Asia Pacific: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6. High Performance Computing Market - Middle East & Africa
- 8.6.1. Middle East & Africa: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6.4. High Performance Computing Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.4.2. Saudi Arabia: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.4.3. Saudi Arabia: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6.5. High Performance Computing Market - UAE
- 8.6.5.1. UAE: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.5.2. UAE: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.5.3. UAE: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6.6. High Performance Computing Market - Israel
- 8.6.6.1. Israel: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.6.2. Israel: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.6.3. Israel: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6.7. High Performance Computing Market - South Africa
- 8.6.7.1. South Africa: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.7.2. South Africa: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.7.3. South Africa: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.6.8. High Performance Computing Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.6.8.2. Rest of Middle East & Africa: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.6.8.3. Rest of Middle East & Africa: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.7. High Performance Computing Market - Latin America
- 8.7.1. Latin America: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.7.2. Latin America: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.7.3. Latin America: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.7.4. High Performance Computing Market - Mexico
- 8.7.4.1. Mexico: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.7.4.2. Mexico: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.7.4.3. Mexico: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.7.5. High Performance Computing Market - Brazil
- 8.7.5.1. Brazil: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.7.5.2. Brazil: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.7.5.3. Brazil: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.7.6. High Performance Computing Market - Argentina
- 8.7.6.1. Argentina: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.7.6.2. Argentina: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.7.6.3. Argentina: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
- 8.7.7. High Performance Computing Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: High Performance Computing Market, by Component, 2020-2034 (USD Billion)
- 8.7.7.2. Rest of Latin America: High Performance Computing Market, by Deployment, 2020-2034 (USD Billion)
- 8.7.7.3. Rest of Latin America: High Performance Computing Market, by Industrial Vertical, 2020-2034 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Advanced Micro Devices, Inc. (AMD)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Atos SE
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Dell Technologies Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Fujitsu Limited
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Hewlett Packard Enterprise Company (HPE)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Intel Corporation
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. International Business Machines Corporation (IBM)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Lenovo Group Limited
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. NVIDIA Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Oracle Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development