High Performance Computing as a Service Market Report 2025

This High Performance Computing As a Service market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The high performance computing as a service market size has grown strongly in recent years. It will grow from $10.31 billion in 2024 to $11.06 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growing demand for computational power, cost efficiency, expansion of big data analytics, increased research and development, globalization and collaboration.

The high performance computing as a service market size is expected to see rapid growth in the next few years. It will grow to $18.36 billion in 2029 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to advancements in technology, edge computing and iot, artificial intelligence (AI) and machine learning (ml), industry-specific applications. Major trends in the forecast period include advancements in cloud technologies, flexibility and scalability needs, diverse industry applications, hybrid and multi-cloud deployments.

An increase in data generation is expected to propel the growth of high-performance computing as a service market going forward. Data generation refers to the generation of datasets that are intended to be further processed in a database. High-performance computing enables the user to quickly handle enormous amounts of data generated, resulting in quicker insights and the capacity to stay one step ahead of the competition. For instance, according to a report released by the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, by the year 2025, it is predicted that 463 exabytes of data, the equivalent of 212. 77 million DVDs per day, is expected to be generated globally each day. Therefore, an increase in data generation is driving the high-performance computing as a service market growth.

The growing popularity of cloud computing is expected to propel the growth of the high-performance computing as a service market going forward. Cloud computing refers to the delivery of computing services, including servers, storage, databases, networking, software, analytics, and more, over the internet (the cloud) to offer faster innovation, flexible resources, and cost savings. Cloud computing in high-performance computing (HPC) as a service offers scalability, accessibility, ease of management, reduced time for results, and offers a variety of hardware configurations. For instance, in October 2023, according to Exploding Topics, a US-based online platform that provides insights into emerging and trending topics, $178 billion is made annually from cloud infrastructure services. Therefore, the growing popularity of cloud computing is driving the growth of the high-performance computing as a service market .

Technological advancements are a significant trend gaining traction in the high-performance computing as a service (HPCaaS) market. Leading companies in this sector are introducing innovative technologies, such as SpeedCloud, to maintain their competitive edge. For instance, in January 2022, Lenovo, a China-based manufacturer of consumer electronics, launched TruScale High Performance Computing as a Service (HPCaaS). This new offering is designed to provide organizations with scalable supercomputing capabilities in a cloud-like environment. The service aims to enhance innovation and efficiency across various sectors, including academia, pharmaceuticals, manufacturing, and healthcare.

Major companies operating in the high-performance computing as a service market are focusing on innovative products such as computing as a service for HPC and AI to drive revenues in their market. Computing as a service for high-performance computing (HPC) and artificial intelligence (AI) refers to the provision of computing resources, infrastructure, and software as a scalable and on-demand service, typically delivered over the internet (in the cloud), to cater to the specific requirements of high-performance computing and artificial intelligence workloads. For instance, in April 2022, Fujitsu Limited, a Japan-based information and communication technology (ICT) company launched computing as a service for HPC and AI. The Fujitsu cloud service HPC provides the processing capacity of the Fujitsu Supercomputer PRIMEHPC FX1000, which is powered by Arm. CaaS will use Fujitsu's cutting-edge advanced computing technology to give clients smooth access to public cloud services in order to satisfy their quickly growing computing needs .

In January 2022, NVIDIA Corporation, a US-based technology corporation acquired Bright Computing for an undisclosed amount. With the acquisition, Nvidia is anticipated to combine its system software expertise to make HPC data centers simpler to purchase, construct, and run, paving the way for a significantly more expansive future for HPC. Bright Computing Inc., is a provider of high performance computing system management software.

Major companies operating in the high performance computing as a service market include Amazon Web Services Inc., Dell Technologies Inc., Google LLC, International Business Machines Corporation, Microsoft Corporation, Nimbix Inc., Penguin Computing Inc., Sabalcore Computing Inc., The UberCloud Inc., Adaptive Computing Enterprises Inc., Hitachi Ltd., Atos SE, NVIDIA Corporation, Rescale Inc., Hadean Supercomputing Ltd., Super Micro Computer Inc., Intel Corporation, Fujitsu Limited, Hewlett Packard Enterprise Development LP, Advanced Micro Devices Inc., NEC Corporation, Lenovo Group Limited, Inspur Software Co. Ltd., Seagate Technology Holdings plc, Oracle Corporation, Cray Inc., Silicon Graphics International Corp., Bull Atos Technologies, Univa Corporation, Bright Computing Inc.

North America was the largest region in the high-performance computing as a service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high performance computing as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the high performance computing as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

HPCaaS (high-performance computing as a service) refers to the practice of employing parallel data processing to accelerate computation and carry out complicated calculations by pooling computing resources, enabling even advanced applications to function effectively in accordance with user demands and expectations. High-performance computing as a service is used to give the tools necessary to handle enormous amounts of data through existing systems while doing sophisticated calculations and providing high-level processing capacity to customers with the help of the cloud.

The main components of high-performance computing as a service are solutions and services. HPCAAS solutions refer to the solutions that are used to enable efficient management and customization of the workflow by assisting in terms of optimal performance, flexible deployment, and critical component management. The various deployment types include private cloud, public cloud, and hybrid clouds that are used in various industries such as manufacturing, BFSI, healthcare, government, media and entertainment, and other industries.

The high-performance computing as a service market research report is one of a series of new reports that provides high-performance computing as a service market statistics, including high-performance computing as a service industry global market size, regional shares, competitors with high-performance computing as a service market share, detailed high-performance computing as a service market segments, market trends and opportunities, and any further data you may need to thrive in the high-performance computing as a service industry. This high-performance computing as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The high-performance computing as a service market consists of revenues earned by entities by providing hosted private cloud and colocation services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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