Press release
High Performance Computing as a Service market Set to Reach USD 28.00 Bn by 2030.
High Performance Computing as a Service market
Global HPCaaS Market Outlook
The global High‐Performance Computing as a Service (HPCaaS) market is projected to reach USD 38.79 billion in 2024, expanding to approximately USD 63.53 billion by 2032, at a robust CAGR of 6.36%. Other forecasts identify a similar CAGR of 6.39% (2025-2034), growing from USD 41.3 billion in 2025 to USD 72.12 billion by 2034 .
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►Competitive Landscape
Key drivers include explosive data growth, adoption of AI/ML, IoT integration, and the shift toward scalable cloud deployments . Small and medium enterprises are increasingly embracing HPCaaS for cost-effective processing . Leading providers like IBM, Hewlett Packard Enterprise, Dell, Microsoft, Intel, Fujitsu, Cisco, Oracle, Hitachi, and AMD are investing heavily in R&D, forging partnerships, and refining pricing strategies to gain competitive advantage .
►Regional Insights
♦ United States - Trends & Opportunity
U.S. Growth & Opportunity: North America dominates the market due to advanced IT infrastructure, strong R&D presence, and high adoption across BFSI, healthcare, and manufacturing sectors .
U.S. Consolidation & Updation: In 2019, Hewlett Packard Enterprise acquired Cray for USD 1.3 billion, bolstering its HPC offerings .
U.S. Trends: Government investment in exascale computing continues, including US investment requests over USD 475 million in FY2021 .
♦ Asia-Pacific - Growth & Trends
Asia-Pacific Growth: The region is forecasted for the highest CAGR (~8.9%) , driven by supercomputers in China (e.g. Tianhe‐2, Sunway TaihuLight) and rapid adoption in India .
Asia-Pacific Opportunity: SMEs and public research sectors are heavily investing in HPC, bolstered by rising AI and IoT demands.
Asia-Pacific Trends: Significant launches: Lenovo introduced TruScale HPCaaS (Jan 2023); HCLTech and Microsoft launched HPC solutions and training labs (Jul 2023) .
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♦ Europe - Consolidation & Updation
Europe Consolidation: The EuroHPC Joint Undertaking is funding HPC infrastructure with a €7 billion budget for 2021-2027 . HPE-Cray's win of €144.5 million contract to build LUMI pre‐exascale supercomputer in Finland highlights deepening regional collaboration .
Europe Updation: In March 2025, EU launched the InvestAI initiative under a €200 billion AI strategy, including €20 billion for data centers ("AI gigafactories") .
♦ Middle East & Africa - Opportunity & Growth
MEA Opportunity: Infrastructure development in the Middle East and Africa is gaining pace; while less mature, these regions offer future growth potential as governments invest in HPC for research and smart city deployments.
MEA Growth: HPCaaS uptake is starting in sectors like energy and government, facilitated by global cloud providers expanding locally.
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► Market Segmentation: In-Depth Analysis:
by Component
Solutions
Services
by Deployment Type
Private Cloud
Public Cloud
Hybrid Cloud
by Industry Vertical
Manufacturing
BFSI
Healthcare
Government
Media & Entertainment
Others
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-high-performance-computing-as-a-service-market/63767/
► Learn about the top players driving innovation in the Market :
1. IBM
2. AWS
3. Microsoft
4. Penguin Computing
5. Sabalcore Computing
6. Adaptive Computing
7. Nimbix
8. Google
9. Advanced Micro Devices Inc
10. Ubercloud
11. HPE
12. Dell
13. Cray Inc
14. Cisco Systems Inc
15. Hitachi Ltd
16. Intel Corporation
17. Fujitsu Ltd
18. Oracle Corporation
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