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High Performance Computing Market Size

  • Report ID: GMI5668
  • Published Date: May 2023
  • Report Format: PDF

High Performance Computing Market Size

High Performance Computing Market size was valued at USD 45 billion in 2022 and is anticipated to grow at a CAGR of over 5 % between 2023 and 2032. The growth is attributed with increased demand for high performance, advances in virtualization, continued diversification and expansion of the IT industry, and increased attention to problem solving in high performance computing (HPC) systems.


High Performance Computing (HPC) refers to the use of parallel networks to run high-performance, reliable & fast applications. Tasks including genome sequencing, machine learning, deep learning, speech, facial recognition, and pattern recognition are performed in HPC systems. High-performance computers are critical to business competitiveness, national security, education, and quality of life.

One of the limitations in the HPC industry is the lack of progress in high performance computing. The increasing use of HPC systems is leading to rising cybersecurity concerns. With many organizations accessing HPC systems, data security remains a major concern, hindering the development of high-tech industries.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

High Performance Computing (HPC) industry size was around USD 45 billion in 2022 and will record over 5% CAGR between 2023 and 2032.

The services segment will exceed USD 15 Billion by 2032 owing to the multiple services provided by HPC vendors.

North America High Performance Computing (HPC) market held the highest share of over 40% in 2022 as it is the largest technology hub in the world.

ARM Limited, Advanced Micro Devices Inc., Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., IBM, Intel Corporation, NVIDIA Corporation, and NEC Corporation.

High Performance Computing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 284
  • Countries covered: 17
  • Pages: 200
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