The North America AI Enhanced HPC Market is expected to witness market growth of 8.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI Enhanced HPC Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.18 billion by 2031. The Canada market is experiencing a CAGR of 10.8% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 10% during 2024-2031.
AI-enhanced high-performance computing (HPC) is revolutionizing various industries by offering unique and unprecedented capabilities. AI-enhanced HPC systems can process satellite and drone imagery in real-time to monitor crop health, predict yields, and detect diseases or pest infestations early.
Moreover, producers can optimize resource utilization and maximize yields by making data-driven decisions. These systems can provide insights into soil health, nutrient levels, and moisture content by analyzing vast datasets from soil sensors, allowing for precise soil management and sustainable farming practices.
The rising manufacturing sector in the USA is significantly contributing to the growth of the AI enhanced HPC market. As the main engine of innovation in the U.S., manufacturing is responsible for 55% of all patents and 70% of all research and development (R&D) spending. This substantial investment in R&D is crucial for the development and deployment of AI-enhanced HPC solutions. AI-enhanced HPC systems require cutting-edge technology and continuous innovation, which is driven by the robust R&D efforts in the manufacturing sector.
The US market dominated the North America AI Enhanced HPC Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.18 billion by 2031. The Canada market is experiencing a CAGR of 10.8% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 10% during 2024-2031.
AI-enhanced high-performance computing (HPC) is revolutionizing various industries by offering unique and unprecedented capabilities. AI-enhanced HPC systems can process satellite and drone imagery in real-time to monitor crop health, predict yields, and detect diseases or pest infestations early.
Moreover, producers can optimize resource utilization and maximize yields by making data-driven decisions. These systems can provide insights into soil health, nutrient levels, and moisture content by analyzing vast datasets from soil sensors, allowing for precise soil management and sustainable farming practices.
The rising manufacturing sector in the USA is significantly contributing to the growth of the AI enhanced HPC market. As the main engine of innovation in the U.S., manufacturing is responsible for 55% of all patents and 70% of all research and development (R&D) spending. This substantial investment in R&D is crucial for the development and deployment of AI-enhanced HPC solutions. AI-enhanced HPC systems require cutting-edge technology and continuous innovation, which is driven by the robust R&D efforts in the manufacturing sector.
List of Key Companies Profiled
- Advanced Micro Devices, Inc.
- Arm Limited (SoftBank Group Corp.)
- NVIDIA Corporation
- Oracle Corporation
- Google LLC
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
Market Report Segmentation
By Organization Size- Large Enterprises
- Small & Medium Enterprises (SMEs)
- On-premise
- Cloud
- Software
- Services
- Hardware
- Parallel Computing
- Distributed Computing
- Exascale computing
- Analytics for Financial Services
- Biological and Medical
- Pharmaceuticals
- Industrial
- Visualization & Simulation
- Manufacturing
- Energy & Utilities
- Other Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America AI Enhanced HPC Market by Organization Size
Chapter 6. North America AI Enhanced HPC Market by Deployment
Chapter 7. North America AI Enhanced HPC Market by Component
Chapter 8. North America AI Enhanced HPC Market by Computing Type
Chapter 9. North America AI Enhanced HPC Market by Vertical
Chapter 10. North America AI Enhanced HPC Market by Country
Chapter 11. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America AI Enhanced HPC Market include:- Advanced Micro Devices, Inc.
- Arm Limited (SoftBank Group Corp.)
- NVIDIA Corporation
- Oracle Corporation
- Google LLC
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
Methodology
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