Cloud High Performance Computing (HPC) Market Report

Cloud High Performance Computing (HPC) Market Size


The global Cloud High Performance Computing (HPC) market was valued at US$ 6862.1 million in 2023 and is anticipated to reach US$ 14620 million by 2030, witnessing a CAGR of 11.3% during the forecast period 2024-2030.

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High-Performance Computing (HPC) in the cloud has reached the mainstream and is currently a hot topic in the research community and the industry.

The major factors driving the growth of cloud HPC market are - complex applications management, emergence of big data market, and adoption of pay-as-you-go model. High performance computing involves the computation of complex applications such as ultra-high definition workflows, electronic design automatic simulations, financial quantitative analysis, seismic analysis, and genome analysis that are related to weather forecasting, climate change, and space exploration. Cloud HPC assists in the computation of these complex applications by offering an advanced computing environment. Furthermore, with the benefits of pay-as-you-go model adoption, both SMBs and large Enterprises are willing to spend more on cloud HPC.

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This report aims to provide a comprehensive presentation of the global market for Cloud High Performance Computing (HPC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud High Performance Computing (HPC).

The Cloud High Performance Computing (HPC) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cloud High Performance Computing (HPC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Cloud High Performance Computing (HPC) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• HPC IaaS
• HPC PaaS
• Data Organization and Workload Management
• Clustering Software and Analytics Tool
• Professional Service
• Managed Service

By Application
• Small and Medium Businesses (SMBs)
• Large Enterprises

Key Companies
IBM, Microsoft, Google, Dell, Amazon Web Services (AWS), Penguin Computing, Sabalcore Computing, Adaptive Computing, Gompute, Univa Corporation

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