High Performance Computing Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global high performance computing market size reached a value of around USD 47.75 Billion in 2024 . The market is expected to grow at a CAGR of 7.20% between 2025 and 2034, reaching a value of around USD 95.70 Billion by 2034 .

Key Trends in the Market

High-performance computing, or HPC, is a technique used to pool computer resources for parallel processing in order to run complex application programmes rapidly, consistently, and efficiently. HPC systems are highly suited for applications that require performance-intensive and data-intensive computing as they involve several servers and micro servers for smooth operations. High-performance computing facilitate better analytics, quicker product development cycles, and improved data modelling, simulating, and analysis.

• The adoption of HPC systems by various government, defence, academic, energy, and utility organisations is being fuelled by the capacity of HPC systems to handle massive volumes of data quickly, which is one of the major high performance computing market trends.
• The market is also expanding due to the rising need for high-efficiency computing, increasing preference for hybrid high-performance computing solutions, advancements in virtualisation, and growth in the IT sector.
• Major HPC market competitors also have significant growth potential as a result of businesses' increased preference for cloud service providers (CSPs) that provide turnkey HPC solutions tailored to the specific workload requirements.
• Many end users are preferring to outsource their high performance computing needs, generating the demand for the high performance computing as a service market which offers users the ability to utilise high performance computing in the form of a service.

Global High Performance Computing Market Segmentation

The report titled “High Performance Computing Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

• Solutions
• Services

Market Breakup by Deployment

• On-Premises
• Cloud

Market Breakup by Organisation Size

• Small and Medium Enterprises
• Large Enterprises

Market Breakup by Industry Vertical

• BFSI
• Government and Defence
• Education and Research
• Manufacturing
• Media and Entertainment
• Healthcare and Life Sciences
• Energy and Utility
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Deployment

On-premises deployment of high performance computing has held a substantial revenue share in the high performance computing market over the historical period. This can be attributed to the continued interest of governments in protecting sensitive information related to national security and citizen privacy, along with the concern of businesses for the security of their own internal data. Due to this, on-premises deployment is preferred over cloud-based deployment.

Furthermore, on-premises systems are increasingly used in research, analytics, and modelling applications where real-time data access is crucial. As it strengthens the output and input capacity of HPC systems, the growing complexity of operations and expanding capabilities of these systems are contributing to the development of the segment, thus increasing the high performance computing market share.

Over the forecast period, the cloud segment is anticipated to grow at the fastest CAGR. Organisations can reduce their operational costs with cloud deployment of high performance computing as they won’t need to invest in additional on-premise computing resources. Additional advantages including increased ease of use and scalability of cloud deployment are anticipated to drive the cloud high performance computing market.

Market Share by Industry Vertical

The government and defence sector industry vertical accounted for a sizable revenue share of the high performance computing market in the historical period. This is due to aggressive adoption of cutting-edge IT solutions by various government and defence organisations to increase computing effectiveness. Government entities HPC systems to assist digitisation and support economic development in various ways while also improving their overall security.

In the forecast period, the healthcare and life sciences sector is expected to witness rapid growth in the high performance computing market. HPC is widely utilised in healthcare and life sciences for a wide range of applications, including simulations, data management, modelling, and next-generation sequencing, among others. HPC systems provide the computational power necessary for these applications, helping to resolve challenges in the healthcare and life sciences sectors.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global high performance computing market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

Dell Inc.

Dell Inc., with its headquarters in Texas in the United States, offers personal computers (PCs), network switches, data storage devices, computer peripherals, HDTVs, servers, cameras, software, and printers. Founded in 1984, the company has an expanding portfolio for high performance computing (HPC) and provides strong solutions to assist businesses in quickly and confidently innovating.

Atos SE

Atos SE, which has its headquarters in France, is a world leader in digital transformation. Atos is dedicated to providing its customers with secure and decarbonised digital experiences and is a pioneer in decarbonisation services and products. In 71 countries, the company offers customised end-to-end solutions for all industries, providing information technology for games as well as cloud solutions, integrated systems, software, and cyber security for data centres.

NVIDIA Corporation

NVIDIA Corporation, headquartered in California in the United States, is renowned for creating integrated circuits that are used in everything from personal computers to video game consoles. The company is a leading manufacturer of cutting-edge graphics processing equipment (GPUs). Since becoming the top producer of graphics hardware for video games, Nvidia has expanded into high-performance computing (HPC) and artificial intelligence (AI).

Other market players include Hewlett Packard Enterprise Development LP, Microsoft Corporation, IBM Corporation, Intel Corporation, Fujitsu Limited, Cisco Systems, Inc., Lenovo Group, Advanced Micro Devices, Inc, and NEC Corporation, among others.