Cloud High Performance Computing (Hpc) Market - Forecast(2024 - 2030)
Cloud High Performance Computing (HPC) Market Overview
Cloud High Performance Computing (HPC) Market
size is analysed to grow at a CAGR of 20% during the forecast 2021-2026 to
reach $23.1 billion by 2026. Cloud high performance computing (HPC) servers are those
that provide high computational data centric tasks as well as high performance by integrating multiple processes for improved
efficiency over a standard computer or desktop. Cloud high performance
computing can solve complex engineering, business, and technology problems.
Multiple high-performance computers within a single processor are arranged in a
cluster in this case. The emergence of big data and complex applications across
various industries, such as ultra-high definition workflows, electronic design
automation simulations, and so on, is driving the market growth. Furthermore, the
incorporation of machine learning for achieving a brand advantage is
increasing, particularly in public-centric services, with every major player
investing in this technology. This is aided by cloud high-performance
computing, which aids in database management at a lower cost and at a faster
rate. The deployment of autonomous vehicles has increased across many
industries, including aerospace, healthcare, automotive, and e-commerce.
Vehicles are useful for any business, from factories to distribution centres.
As a result, several software programs run concurrently to ensure that the
process runs smoothly. This is where high performance computing (HPC) comes
into effect.
Report Coverage
The report: “Cloud High Performance Computing (HPC) Industry
Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis
of the following segments of the Cloud High Performance Computing (HPC) industry.
By Service: HPC IaaS, HPC PaaS, Data
Organization, Workload Management, Clustering Software and Analytics Tool, Professional Service, Managed Service.
By Deployment: Public Cloud, Private Cloud,
Hybrid Cloud.
By Organization Size: SMEs, Large
Enterprises.
By End-User: Academia & Research, Design & Engineering, Defense,
Government, Financial Services, Manufacturing, Others.
By Geography: North America, South America,
Europe, APAC, and RoW
Key Takeaways
- High performance computing (HPC) is the use of parallel processing to run advanced application programmes in an efficient, dependable, and timely manner. On HPC systems, newer workloads such as genomic sequencing, machine learning, deep learning, speech and facial recognition, pattern recognition, and so on are being executed.
- HPC IaaS is expected to grow at a 21.3% CAGR and reach US$8 billion by the end of the analysis period.
- India and China dominate the cloud HPC market in Asia-Pacific, and these two countries are the world's emerging economies.
Cloud High Performance Computing (HPC) Market, By Region, 2020
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Cloud High Performance Computing (HPC) Market Segment Analysis - By Service
During the
forecast period, the HPC IaaS segment will grow at a faster CAGR. Cloud HPC
services are increasingly being adopted by a wide range of end users, including
government, academia, and research, biosciences, and others, resulting in
global market growth. HPC IaaS enables to deliver
high-value infrastructure and application services for even the most demanding
HPC requirements. Due to the growth of complex applications and
increasing workloads, the HPC IaaS market is expected to have the largest
market share in the cloud HPC market in the service type.
Cloud High Performance Computing (HPC) Market Segment Analysis – By End-User
Defense is
analysed to grow at highest CAGR during the forecast period 2021-2026. There's
a lot going on in key mil-aero areas like satellite image processing, signal
and intelligence processing, and video analytics. A wealth of image and video
data, for example, is being collected via satellite, unmanned aerial vehicles
(UAVs), and other devices. In this scenario, cloud high performance computing
enables the military to identify security threats or targets of interest much
more quickly and accurately. Furthermore, (HPC) is well suited for, and is
steadily being adopted for, a wide range of defence and aerospace applications.
HPC is currently used in training and simulation, onboard navigation, defence,
and attack systems, and command, control, communications, intelligence,
computers, and surveillance. Weapons systems are becoming increasingly complex,
necessitating extensive interaction with sensors as well as a human in the
loop. The United States is a world superpower, and the Department of Defense is
looking to upgrade its high-performance computing capabilities. As a result,
increased defence spending will facilitate the adoption of cloud HPC
technologies.
Cloud High Performance Computing (HPC) Market Segment Analysis - Geography
APAC is analysed to be the major region with a share of 33.3% in 2020 for the Cloud High Performance Computing (HPC) Market. India and China dominate the cloud HPC market in Asia-Pacific, and these two countries are the world's emerging economies. Furthermore, China claims to have one of the most developed HPC systems, having ramped up HPC investment faster than the other countries. The country's "National AI Development Plan," released in July 2017, revealed the country's commitment to spending USD 22.15 billion on artificial intelligence research by 2020, and USD 59.07 billion by 2025. This plan aims to position China as a market leader in artificial intelligence in driverless technology, consumer AI applications, telemedicine, and bio-pharmacy, and it is expected to create enormous potential for the development of the cloud high performance computing (HPC) market. The mentioned factors contribute to the overall growth of the Asia-Pacific high-performance computing market. Furthermore, the cloud democratises HPC access by eliminating the large capital outlay, maintenance costs, and power and space requirements, as well as reducing deployment time to a mere 20 minutes. Instead, the capital, time, and manpower can be used to acquire computer power and other resources that will aid in the progress of the research. As a result, as Asia-Pacific economies develop, the cost advantages of cloud HPC over traditional HPC will drive market growth in the region.
Cloud High Performance Computing (HPC)
Market Drivers
The ability of HPC solutions to process large volumes of data with speed and accuracy will boost market growth:
The ability of HPC solutions to process
large volumes of data quickly and accurately is the primary factor driving the
growth of the Cloud HPC market. Finance, medical, research, seismic
exploration, and government and defence are among the industry verticals where
applications are experiencing slow and inefficient data processing issues. The
fast-paced nature of the financial market necessitates vitality in order for
derivative valuations to be processed more quickly and accurately. Applications
in the medical field, such as computed tomography (CT) scanning and magnetic
resonance imaging (MRI), necessitate quick, accurate results from the
processing of complex algorithms. HPC assists them in significantly reducing
compute time and processing CT and MRI data quickly and accurately. As a
result, one of the major factors driving the growth of the Cloud HPC market is
the increasing need in various fields for faster processing of data with high
accuracy.
The emergence
of big data analytics market and the adoption of cloud computing is expected to
boost the market growth:
The emergence of
the big data analytics market, as well as the adoption of cloud computing
solutions for industrial digitization and automation, are two major factors
driving the market for cloud high-performance computing. These characteristics
are likely to accelerate the market. Rising pay-as-you-go model adoption, a
high need to manage complex tasks, and the emergence of Big Data are all
factors driving the global cloud high performance computing market. Because of
faster deployment, high flexibility, and scalability, high-performance
computing is now being adopted at a rapid rate by both small and medium-sized
businesses.
Cloud High
Performance Computing (HPC) Market Challenges
Lack of Knowledge and
Limited Budget among SMEs is expected to hinder market growth:
Many SMEs' potential users are
unaware of the benefits of HPC and lack the funds to set up such systems.
Because of the high investment costs involved, many SMEs in developing
countries remain sceptical of HPC adoption. Many of them are unaware of the
numerous benefits that HPC provides, such as improved performance and
customizable delivery. These businesses also lack the technical expertise
required to set up and run an HPC system. Cloud computing, on the other hand,
has the potential to increase the use of HPC among SMEs by significantly
lowering their costs.
Cloud High Performance Computing (HPC) Market Landscape
Technology launches, acquisitions,
Partnerships and R&D activities are key strategies adopted by players in the Cloud High Performance Computing (HPC) market. In
2020, the market of AS-interface industry outlook has been fragmented by
several companies. Cloud High Performance Computing (HPC) top 10
companies include
- IBM
- Microsoft
- Dell
- Amazon Web Services
- Intel
- Penguin Computing
- Sabalcore Computing
- Univa Corporation
- Huawei
Acquisitions/Technology Launches/Partnerships
- In November 2020, Intel collaborated with HPE, an American multinational enterprise information technology company, and Argonne, a science and engineering research national laboratory operated by UChicago Argonne for the Department of Energy in the United States. These companies worked together to create Aurora, an exascale computer system designed to accelerate scientific breakthroughs, innovation, and discovery.
- In July 2020, HPE partnered with University of Edinburgh, EPCC, in
Scotland. HPE offers end-to-end infrastructure, such as HPE and AI solutions,
powered by HPE Apollo Systems and HPE Superdome Flex Servers.
Relevant Report Titles:
On-Board High
Performance Computing Market:
Report Code: ESR 0580
Cloud Computing Market
Report Code: ESR 0695
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LIST OF TABLES
1.Global Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)1.1 Data Organization & Workload Management Market 2023-2030 ($M) - Global Industry Research
1.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Global Industry Research
1.3 Professional Services Market 2023-2030 ($M) - Global Industry Research
1.4 Managed Services Market 2023-2030 ($M) - Global Industry Research
2.Global Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
2.1 Public Cloud Market 2023-2030 ($M) - Global Industry Research
2.2 Private Cloud Market 2023-2030 ($M) - Global Industry Research
2.3 Hybrid Cloud Market 2023-2030 ($M) - Global Industry Research
3.Global Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
3.1 Small & Medium Business Market 2023-2030 ($M) - Global Industry Research
3.2 Large Enterprise Market 2023-2030 ($M) - Global Industry Research
4.Global Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
4.1 Academia & Research Market 2023-2030 ($M) - Global Industry Research
4.2 Biosciences Market 2023-2030 ($M) - Global Industry Research
4.3 Design & Engineering Market 2023-2030 ($M) - Global Industry Research
4.4 Financial Services Market 2023-2030 ($M) - Global Industry Research
4.5 Government Market 2023-2030 ($M) - Global Industry Research
4.6 Manufacturing Market 2023-2030 ($M) - Global Industry Research
4.7 Weather & Environment Market 2023-2030 ($M) - Global Industry Research
5.Global Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 (Volume/Units)
5.1 Data Organization & Workload Management Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Clustering Software & Analytics Tool Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Professional Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Managed Services Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 (Volume/Units)
6.1 Public Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Private Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Hybrid Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Cloud HPC Market Analysis By Organization Size Market 2023-2030 (Volume/Units)
7.1 Small & Medium Business Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Large Enterprise Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Cloud High Performance Computing Market Analysis By End User Market 2023-2030 (Volume/Units)
8.1 Academia & Research Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Biosciences Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Design & Engineering Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Financial Services Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Government Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
8.7 Weather & Environment Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)
9.1 Data Organization & Workload Management Market 2023-2030 ($M) - Regional Industry Research
9.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Regional Industry Research
9.3 Professional Services Market 2023-2030 ($M) - Regional Industry Research
9.4 Managed Services Market 2023-2030 ($M) - Regional Industry Research
10.North America Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
10.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
10.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
10.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
11.North America Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
11.1 Small & Medium Business Market 2023-2030 ($M) - Regional Industry Research
11.2 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
12.North America Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
12.1 Academia & Research Market 2023-2030 ($M) - Regional Industry Research
12.2 Biosciences Market 2023-2030 ($M) - Regional Industry Research
12.3 Design & Engineering Market 2023-2030 ($M) - Regional Industry Research
12.4 Financial Services Market 2023-2030 ($M) - Regional Industry Research
12.5 Government Market 2023-2030 ($M) - Regional Industry Research
12.6 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
12.7 Weather & Environment Market 2023-2030 ($M) - Regional Industry Research
13.South America Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)
13.1 Data Organization & Workload Management Market 2023-2030 ($M) - Regional Industry Research
13.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Regional Industry Research
13.3 Professional Services Market 2023-2030 ($M) - Regional Industry Research
13.4 Managed Services Market 2023-2030 ($M) - Regional Industry Research
14.South America Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
14.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
14.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
14.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
15.South America Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
15.1 Small & Medium Business Market 2023-2030 ($M) - Regional Industry Research
15.2 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
16.South America Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
16.1 Academia & Research Market 2023-2030 ($M) - Regional Industry Research
16.2 Biosciences Market 2023-2030 ($M) - Regional Industry Research
16.3 Design & Engineering Market 2023-2030 ($M) - Regional Industry Research
16.4 Financial Services Market 2023-2030 ($M) - Regional Industry Research
16.5 Government Market 2023-2030 ($M) - Regional Industry Research
16.6 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
16.7 Weather & Environment Market 2023-2030 ($M) - Regional Industry Research
17.Europe Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)
17.1 Data Organization & Workload Management Market 2023-2030 ($M) - Regional Industry Research
17.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Regional Industry Research
17.3 Professional Services Market 2023-2030 ($M) - Regional Industry Research
17.4 Managed Services Market 2023-2030 ($M) - Regional Industry Research
18.Europe Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
18.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
18.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
18.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
19.Europe Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
19.1 Small & Medium Business Market 2023-2030 ($M) - Regional Industry Research
19.2 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
20.Europe Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
20.1 Academia & Research Market 2023-2030 ($M) - Regional Industry Research
20.2 Biosciences Market 2023-2030 ($M) - Regional Industry Research
20.3 Design & Engineering Market 2023-2030 ($M) - Regional Industry Research
20.4 Financial Services Market 2023-2030 ($M) - Regional Industry Research
20.5 Government Market 2023-2030 ($M) - Regional Industry Research
20.6 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
20.7 Weather & Environment Market 2023-2030 ($M) - Regional Industry Research
21.APAC Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)
21.1 Data Organization & Workload Management Market 2023-2030 ($M) - Regional Industry Research
21.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Regional Industry Research
21.3 Professional Services Market 2023-2030 ($M) - Regional Industry Research
21.4 Managed Services Market 2023-2030 ($M) - Regional Industry Research
22.APAC Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
22.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
22.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
22.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
23.APAC Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
23.1 Small & Medium Business Market 2023-2030 ($M) - Regional Industry Research
23.2 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
24.APAC Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
24.1 Academia & Research Market 2023-2030 ($M) - Regional Industry Research
24.2 Biosciences Market 2023-2030 ($M) - Regional Industry Research
24.3 Design & Engineering Market 2023-2030 ($M) - Regional Industry Research
24.4 Financial Services Market 2023-2030 ($M) - Regional Industry Research
24.5 Government Market 2023-2030 ($M) - Regional Industry Research
24.6 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
24.7 Weather & Environment Market 2023-2030 ($M) - Regional Industry Research
25.MENA Cloud High Performance Computing Market Analysis By Service Type Market 2023-2030 ($M)
25.1 Data Organization & Workload Management Market 2023-2030 ($M) - Regional Industry Research
25.2 Clustering Software & Analytics Tool Market 2023-2030 ($M) - Regional Industry Research
25.3 Professional Services Market 2023-2030 ($M) - Regional Industry Research
25.4 Managed Services Market 2023-2030 ($M) - Regional Industry Research
26.MENA Cloud High Performance Computing Market Analysis By Deployment Model Market 2023-2030 ($M)
26.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
26.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
26.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
27.MENA Cloud HPC Market Analysis By Organization Size Market 2023-2030 ($M)
27.1 Small & Medium Business Market 2023-2030 ($M) - Regional Industry Research
27.2 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
28.MENA Cloud High Performance Computing Market Analysis By End User Market 2023-2030 ($M)
28.1 Academia & Research Market 2023-2030 ($M) - Regional Industry Research
28.2 Biosciences Market 2023-2030 ($M) - Regional Industry Research
28.3 Design & Engineering Market 2023-2030 ($M) - Regional Industry Research
28.4 Financial Services Market 2023-2030 ($M) - Regional Industry Research
28.5 Government Market 2023-2030 ($M) - Regional Industry Research
28.6 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
28.7 Weather & Environment Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Cloud High Performance Computing Market Revenue, 2023-2030 ($M)2.Canada Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
3.Mexico Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
4.Brazil Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
5.Argentina Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
6.Peru Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
7.Colombia Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
8.Chile Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
9.Rest of South America Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
10.UK Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
11.Germany Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
12.France Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
13.Italy Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
14.Spain Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
15.Rest of Europe Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
16.China Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
17.India Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
18.Japan Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
19.South Korea Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
20.South Africa Cloud High Performance Computing Market Revenue, 2023-2030 ($M)
21.North America Cloud High Performance Computing By Application
22.South America Cloud High Performance Computing By Application
23.Europe Cloud High Performance Computing By Application
24.APAC Cloud High Performance Computing By Application
25.MENA Cloud High Performance Computing By Application
26.International Business Machines Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Amazon Web Services, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Penguin Computing, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sabalcore Computing, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Adaptive Computing, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Gompute, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Univa Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)