The global high performance computing (HPC) market size reached USD 37.7 billion in 2021, according to a new report by GlobalData Plc. Developments in artificial intelligence (AI) and the exponential growth in data mean that businesses need access to computers capable of performing complex workloads. Every day, businesses, governments, and individuals generate huge volumes of data. This data can only be a source of value if it can be stored, processed, and analyzed, which requires powerful computing. The ability to perform complex computing problems within seconds is expected to drive the growth of the high-performance computing (HPC) market.
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The ability to run high-performance computing (HPC) in the cloud has made the technology more readily available. Businesses no longer need to invest in the infrastructure required to build a local data center to access HPC resources. An emerging approach where HPC is deployed at the edge, has the potential to broaden HPC’s reach further still, as it brings HPC’s processing power closer to where the data is created.
In the last decade, HPC’s commercial use cases have grown, and the technology has become more accessible. However, historically, HPC was the remit of academia. The COVID-19 pandemic has put the spotlight back on HPC as a research resource. High-performing computers have played a part in tackling the pandemic. HPC helped scientists understand how the virus interacts with the human body and how it passes from human to human. It had a role in genomic sequencing and, importantly, it enabled advancements in therapeutics and the production of life-saving vaccines. All this was only made possible by collaboration between governments, academia, and the private sector.
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High Performance Computing (HPC) Market Report Highlights
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GlobalData Plc has segmented the HPC market report by component, deployment, application, and region:
Global High Performance Computing (HPC) Component Outlook (Revenue, USD Million, 2019-2026)
Global High Performance Computing (HPC) Deployment Outlook (Revenue, USD Million, 2019-2026)
Global High Performance Computing (HPC) Application Outlook (Revenue, USD Million, 2019-2026)
Global High Performance Computing (HPC) Regional Outlook (Revenue, USD Million, 2019-2026)
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