Press release
High Performance Computing (HPC) Market Size 2023: Trends, Report and Forecast 2028
High Performance Computing (HPC) Market 2023-2028
The global high-performance computing (HPC) market size reached US$ 40.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
What is High Performance Computing?
High-performance computing (HPC) is an advanced technology that utilizes supercomputers and clusters of advanced computing hardware to execute complex tasks and process vast amounts of data at high speeds. It allows organizations to tackle intricate computational challenges across various industries. It is engineered with high processing power and parallel processing capabilities that enable it to solve intricate problems, model complex phenomena, and conduct simulations with exceptional precision and efficiency. It offers improved analytics, faster product development cycles, and reduced physical testing. As it assists in optimizing decision-making processes, the demand for HPC is increasing across the globe.
Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/high-performance-computing-market/requestsample
What are the growth prospects and trends in the high performance computing industry?
At present, the rising adoption of cloud-based HPC solutions that offer scalability and accessibility represents one of the primary factors strengthening the market growth. Apart from this, the growing demand for advanced computing capabilities for efficient data processing and analytics is offering a positive market outlook.
In line with this, the increasing adoption of HPC in the healthcare sector for intricate simulations, drug discovery, and genome analysis is strengthening the market growth.
Additionally, the rising development of more energy-efficient HPC systems to maintain sustainability is offering a lucrative growth opportunity to industry investors. Furthermore, the increasing demand for real-time data for enhanced decision-making in a business is supporting the growth of the market.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/high-performance-computing-market
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
• Hardware
• Software and Services
Breakup by Deployment Type:
• On-premises
• Cloud-based
Breakup by End Use:
• Aerospace and Defense
• Energy and Utilities
• BFSI
• Media and Entertainment
• Manufacturing
• Life Science and Healthcare
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Some of the Top Key players in the High Performance Computing Market
Advanced Micro Devices Inc., Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Intel Corporation, International Business Machines Corporation, Lenovo Group Limited, Microsoft Corporation, NetApp Inc., Nvidia Corporation
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Other Reports:
Wood Pellet Market : https://www.benzinga.com/pressreleases/23/09/34481088/wood-pellet-market-trends-industry-growth-future-demands-and-forecast-2023-2028
Extended Warranty Market : https://www.benzinga.com/pressreleases/23/09/34482308/extended-warranty-market-size-2023-insights-growth-and-forecast-2023-2028
BYOD Security Market : https://www.benzinga.com/pressreleases/23/09/34482313/byod-security-market-size-share-future-growth-analysis-report-2023-2028
Silicon Wafer Reclaim Market : https://www.benzinga.com/pressreleases/23/09/34483477/silicon-wafer-reclaim-market-size-2023-share-report-and-global-forecast-2028
Smart City Platform Market : https://www.benzinga.com/pressreleases/23/09/34483470/smart-city-platform-market-trends-report-and-forecast-2023-2028
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High Performance Computing (HPC) Market Size 2023: Trends, Report and Forecast 2028 here
News-ID: 3229298 • Views: …
More Releases from IMARC Group
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview
Market Size in 2024: USD 266.2 Million
Market Size in 2033: USD 422.9 Million
Market Growth Rate 2025-2033: 5.3%
According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a…
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview
Market Size in 2024: USD 73.31 Billion
Market Size in 2033: USD 147.77 Billion
Market Growth Rate 2025-2033: 7.50%
According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by…
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview
Market Size in 2024: USD 588.2 Million
Market Size in 2033: USD 2,005.3 Million
Market Growth Rate 2025-2033: 13.3%
According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of…
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview:
The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach…
More Releases for HPC
Surging Data Volumes Drive Growth in HPC Data Management Market: An Emerging Dri …
The HPC Data Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the HPC Data Management Market?
In recent times, the market size of HPC data management has seen a swift expansion. The market, which is set to escalate from…
Global High-performance Computing (HPC) Market Size by Application, Type, and Ge …
According to Market Research Intellect, the global High-performance Computing (HPC) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The High-Performance Computing (HPC) market is experiencing rapid growth, driven by the increasing need for advanced computing…
High Performance Computing (HPC) Services Market Size Analysis by Application, T …
According to Market Research Intellect, the global High Performance Computing (HPC) Services market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for High Performance Computing (HPC) services is expanding rapidly due to the growing…
Global Artificial Intelligence HPC Cloud Market Size by Application, Type, and G …
USA, New Jersey- According to Market Research Intellect, the global Artificial Intelligence HPC Cloud market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
As more sectors embrace AI to manage intricate, data-intensive activities, the market for artificial intelligence HPC (High-Performance Computing) cloud computing is growing quickly.…
Transforming the HPC Data Management Market in 2025: Surging Data Volumes Drive …
What Is the Expected Size and Growth Rate of the HPC Data Management Market?
The HPC data management market is expected to grow from $36.81 billion in 2024 to $43.65 billion in 2025, with a compound annual growth rate (CAGR) of 18.6%. This growth is driven by increasing demand for data storage and management, rising investments, the increasing complexity of data, the rise of artificial intelligence (AI), and the expansion of…
HPC Software and Services Market SWOT Analysis by Key Players Advanced HPC, Data …
Advance Market Analytics published a new research publication on "HPC Software and Services Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the HPC Software and Services market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
