Sunday, February 16, 2025

How Big is the High Performance Computing Market?

The high-performance computing segment of the overall computing market is big, and apparently destined to get bigger as artificial intelligence takes hold, some forecasts suggest. The issue is “how big?” 


Estimates from leading research firms including IDC and Gartner are substantial--suggesting a 2023 market of between $530 billion and $795 billion (though presumably there is some overlap or overcounting within each category, from firm to firm).


Segment

2023 Market Value (USD Billion)

Cumulative Annual Growth Rate 2023-2030

Chip/GPU Sales

$150 - $200

15-20%

Server & Storage

$100 - $150

12-18%

Networking & Interconnect

$50 - $80

10-15%

Software & Services*

$75 - $125

20-25%

Data Center Infrastructure

$125 - $175

10-15%

"GPU as a Service"

$20 - $40

30-40%

"AI as a Service"

$10 - $25

40-50%




* HPC Software, $30 - $50B, 25-30% growth rate

HPC Consulting & Support, $25-$45B, 18-22% growth rate

AI Software, $20-$30B, 25-35% growth rate


As always, the assumptions are crucial. It often is hard to separate investments or revenue from “high-performance computing” within the larger computing or cloud computing market. And the estimates might be on the optimistic side, as typically is the case. 


Estimates from other firms are lower. Analysts at Grandview Research, for example, only estimate a 2030 HPC market value of less than $90 billion. 


Segment

2023 Value (USD)

2030 Value (USD)

CAGR

Overall Market

52.65 billion

87.31 billion

7.5%

Data Center GPU Market

14.87 billion

76.76 billion

28.5%

GPU as a Service (GPUaaS)

3.35 billion

16.74 billion

21.6%

High Bandwidth Memory (HBM)

767.1 million

4.90 billion

25.5%

Commercial High-Performance Computing

25.33 billion

42.48 billion

9.0%

High-Performance Computing for Automotive

1.24 billion

2.32 billion

9.4%


Still, assuming the truth lies someplace between the “extremes,” we might still reasonably conclude that the high-performance computing market will reach somewhere in the neighborhood of $325 billion to $420 billion by about 2030.  


Market Segment

2023 Estimated Value (USD)

2030 Projected Value (USD)

Growth Rate

GPU/Chip Sales

$30-35 billion

$120-150 billion

~20-25% CAGR

Data Center HPC Infrastructure

$25-30 billion

$80-100 billion

~18-22% CAGR

AI/HPC Cloud Services

$15-20 billion

$60-80 billion

~22-27% CAGR

AI Hardware Accelerators

$10-15 billion

$40-55 billion

~19-24% CAGR

HPC Software & Services

$8-12 billion

$25-35 billion

~16-20% CAGR

Total Market

$88-112 billion

$325-420 billion

~20-25% CAGR


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