The Europe AI Enhanced HPC Market is expected to witness market growth of 8.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $350.4 million by 2031. The UK market is exhibiting a CAGR of 7.9% during 2024-2031. Additionally, the France market would experience a CAGR of 9.7% during 2024-2031.
The adoption of AI-enhanced HPC is rapidly expanding across various sectors, driven by the need for advanced computational power to support complex AI and machine learning tasks. AI-enhanced HPC is transforming the healthcare industry by enabling the analysis of vast genomic datasets.
Moreover, AI-enhanced HPC is adopted for real-time risk analysis, fraud detection, and high-frequency trading. The ability to process and analyze large volumes of financial transactions in real time helps financial institutions manage risks more effectively and respond swiftly to market changes.
The rising adoption of cloud computing by enterprises across the European Union (EU) is significantly influencing the growth of the AI enhanced HPC market. According to Eurostat, in 2023, 42.5% of EU enterprises utilized cloud computing services, reflecting a 4.2 percentage point increase compared to 2021. This growing trend highlights the importance of cloud solutions in enhancing operational efficiency and flexibility for businesses across the region. As more enterprises migrate to cloud environments, the demand for AI enhanced HPC solutions is expected to rise, driven by the need for advanced computational power and data analytics capabilities.
The Germany market dominated the Europe 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 $350.4 million by 2031. The UK market is exhibiting a CAGR of 7.9% during 2024-2031. Additionally, the France market would experience a CAGR of 9.7% during 2024-2031.
The adoption of AI-enhanced HPC is rapidly expanding across various sectors, driven by the need for advanced computational power to support complex AI and machine learning tasks. AI-enhanced HPC is transforming the healthcare industry by enabling the analysis of vast genomic datasets.
Moreover, AI-enhanced HPC is adopted for real-time risk analysis, fraud detection, and high-frequency trading. The ability to process and analyze large volumes of financial transactions in real time helps financial institutions manage risks more effectively and respond swiftly to market changes.
The rising adoption of cloud computing by enterprises across the European Union (EU) is significantly influencing the growth of the AI enhanced HPC market. According to Eurostat, in 2023, 42.5% of EU enterprises utilized cloud computing services, reflecting a 4.2 percentage point increase compared to 2021. This growing trend highlights the importance of cloud solutions in enhancing operational efficiency and flexibility for businesses across the region. As more enterprises migrate to cloud environments, the demand for AI enhanced HPC solutions is expected to rise, driven by the need for advanced computational power and data analytics capabilities.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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. Europe AI Enhanced HPC Market by Organization Size
Chapter 6. Europe AI Enhanced HPC Market by Deployment
Chapter 7. Europe AI Enhanced HPC Market by Component
Chapter 8. Europe AI Enhanced HPC Market by Computing Type
Chapter 9. Europe AI Enhanced HPC Market by Vertical
Chapter 10. Europe AI Enhanced HPC Market by Country
Chapter 11. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Europe 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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