High Performance Computing (HPC) Chipset Market Research, 2032
The global high performance computing (hpc) chipset market was valued at $5.7 billion in 2022, and is projected to reach $29.4 billion by 2032, growing at a CAGR of 17.9% from 2023 to 2032.
High-performance computing (HPC) entails the ability to handle vast datasets and execute intricate computations at significant speeds. Typically, it involves the consolidation of computational power in a manner that offers considerably higher performance than conventional desktop computers or workstations for resolving complex problems in the fields of science, engineering, or business. A well-known archetype of HPC solutions is represented by the supercomputer, which comprises innumerable compute nodes that work in unison to complete one or more tasks. This phenomenon is referred to as parallel processing, which is akin to having thousands of PCs interconnected and synergistically combining their computational capacity to expedite task completion.
Region wise, the high performance computing (HPC) chipset market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America accounted for the highest share, owing to high development of supercomputers in the region.
Over the course of the previous decade, the high performance computing (HPC) chipset Industry has observed the utilization of graphical processing units (GPUs) in non-graphical functions, notably in general-purpose computing and programming languages and tools. At present, the GPU segment has reached maturity and is extensively employed in both commercial and scientific applications. The substantial parallel processing capacity of the GPU is the driving force behind its growth in the HPC chipset industry. As a result of its evolution, the GPU has emerged as a high-performance accelerator for data-parallel computing. Additionally, modern GPUs are equipped with hundreds of processing units that achieve up to 1 TFLOPS for single-precision (SP) arithmetic.
The primary driving force behind the growth of the high performance computing (HPC) chipset market size is the advancement of High Performance computing in the cloud sector. The cloud offers computing resources that are instantly available and scalable, as well as nearly limitless storage at a reasonable cost. The utilization of HPC in cloud applications has been particularly beneficial in fields such as aerodynamics, physics, and pharmaceuticals, as well as in government initiatives. This application has improved performance, cost management, accelerated findings, and facilitated the running of difficult simulations against massive datasets. Additionally, there is an increasing demand for flexible computing services. HPC computing requires the continuous efficiency and operation of HPC clusters, therefore, HPC services provide users with complete control over computing infrastructure, such as analysis software and operating systems. The need for constant efficiency and operation of HPC clusters is critical for the success of HPC computing, and HPC services provide users with complete control over the computing infrastructure, including analysis software and operating systems.
In addition, there has been a notable increase in demand for networked cloud infrastructure services from single communication and IT services providers amongst multinational corporations, with flexible computing at the forefront. The appeal of flexible computing lies in its scalable and modular service which allows for expedient provisioning of resources that can easily adjust to fluctuating demand and dynamic business growth. Nevertheless, a significant hindrance to high performance computing (HPC) chipset market growth is the exorbitant expense associated with establishing and upholding HPCs.
Additionally, substantial capital expenditure is required, including expenditures on both hardware and software. The significant costs associated with the initial investment in high-performance computing (HPC) as well as ongoing maintenance impede the adoption of HPC computing by startups and small and medium-sized enterprises. Conversely, a surge in emphasis on hybrid HPC infrastructure is expected to create appealing prospects for the HPC chipset industry.
The utilization of a hybrid approach enables the seamless interoperability of applications and components across diverse boundaries, including cloud instances and architectures. The resulting implementation of a hybrid high-performance computing (HPC) infrastructure yields superior efficiency, scalability, heightened security, and advanced technology. Moreover, it effectively addresses security and privacy concerns, whilst simultaneously reducing maintenance costs. As a result, the augmented emphasis on a hybrid HPC infrastructure is poised to present highly advantageous prospects for the high performance computing (HPC) chipset market outlook.
Segment Overview
The high performance computing (HPC) chipset market forecast is segmented into chip type and region. On the basis of chip type, it is classified into CPU, GPU, FPGA, and ASIC. CPU chipset segment is projected to grow at an exponential growth rate over the forecast timeline. The growing demand for CPU chipset is attributed to the growing computational requirements, along with the ability to parallel computing and manage data-intensive workloads. These favorable capabilities are driving the end users to deploy advanced CPU chipsets to cater high computing application requirements.
Region wise, the high performance computing (HPC) chipset market share are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
North America accounted for the highest share in high performance computing (HPC) chipset market, owing to high development of supercomputers in the region. For instance, in May 2022, Hewlett Packard Enterprise (HPE) announced the launch of Frontier, a newly developed supercomputer. This supercomputer is developed specifically for the Oak Ridge National Laboratory (ORNL) in the U.S. Department of Energy. Considering the task performing speed, Frontier has been ranked among top 500 supercomputers in the world. This launch helped the company in expanding its customer base and cater wider customer requirements. Similarly, other government agencies such as National Oceanic and Atmospheric Administration of the U.S. Department of Commerce, San Diego Supercomputer Center, etc. are expected to deploy supercomputers, further enabling the demand for HPC chipsets.
Top Impacting Factors
High performance computing (HPC) chipset market demand is anticipated to expand significantly during the forecast period owing to growing advancements in virtualization infrastructure. In addition, an increase in need for flexible computing devices with ability to perform performance sensitive applications is expected to fuel the market growth. Moreover, the high performance computing (HPC) chipset market is anticipated to benefit from the rising emphasis on high performance computing infrastructure across the cloud sector. Furthermore, enterprise-wide emphasis on development of exascale computing technology and hybrid HPC infrastructure is expected to provide multiple opportunities for the market over the forecast timeline. However, high cost of installation and maintenance of high performance computing (HPC) chipset is hindering the demand across the market.
Competitive Analysis
Competitive analysis and profiles of the major high performance computing (HPC) chipset market players, such as Intel Corporation, Cisco Systems Inc., NVIDIA Corporation, Advanced Micro Devices Inc., and IBM Corporation are provided in this report. Product launch and collaboration business strategies were adopted by the major market players in 2022.
Historical Data & Information
The high performance computing (HPC) chipset market is highly competitive, owing to the strong presence of existing vendors. Vendors in the high performance computing (HPC) chipset market with extensive technical and financial resources are expected to gain a competitive advantage over their competitors as they can cater to market demands. The competitive environment in this market is expected to increase owing to technological innovations, product extensions, and different strategies adopted by key vendors increase.
Key Developments/ Strategies
Advanced Micro Devices Inc., Alphabet inc., Hewlett Packard Enterprise Development LP, Lattice Semiconductor Corporation, International Business Machines Corporation (IBM), Cisco Systems, Inc., Intel Corporation, Nvidia Corporation, Mediatek Inc., and Achronix Semiconductor Corporation are the top companies holding a prime share in the global high performance computing (HPC) chipset market. Top market players have adopted various strategies, such as expansion and investment to expand their foothold in the high performance computing (HPC) chipset market opportunity.
- In May 2023, International Business Machines Corporation (IBM) has formed a partnership with the esteemed University of Tokyo and the distinguished University of Chicago in a collaborative effort to create a cutting-edge supercomputer that is centered around quantum computing. This revolutionary computing paradigm is yet to be realized, making this venture an unprecedented and pioneering endeavor in the realm of high-performance computing. With the capacity to accommodate a staggering 100,000 qubits, this quantum-centric supercomputer has the potential to transform the field of computing as we know it.
- In May 2023, Google has introduced an artificial intelligence supercomputer, which is fueled by tens of thousands of NVIDIA H100 graphics processing units. The primary objective of this machine is to expedite the training and inference processes of exceedingly intricate machine learning models intended for establishments that are constructing substantial language models, generative artificial intelligence, and diffusion models with the aim of enhancing their operations.
- In August 2022, Advanced Micro Devices Inc has joined forces with ECARX to develop an immersive digital cockpit in-vehicle computing platform to be integrated into next-generation electric vehicles. It is noteworthy that the ECARX digital cockpit is set to be the foremost in-vehicle platform to feature AMD Ryzen Embedded V2000 processors and AMD Radeon RX 6000 Series GPUs, in addition to ECARX hardware and software.
- In February 2022, Hewlett Packard Enterprise Development LP has entered into a collaboration with Ayar Labs to initiate a new epoch of innovation in data centers through the creation of silicon photonics solutions that are based on optical I/O technology. The development of these cutting-edge technologies will serve to bolster the future demands of high performance computing (HPC) and artificial intelligence (AI) solutions.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the high performance computing (HPC) chipset market analysis from 2022 to 2032 to identify the prevailing high performance computing (HPC) chipset market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the high performance computing (HPC) chipset market demand segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global high performance computing (hpc) chipset market trends, key players, market segments, application areas, and market growth strategies.
High Performance Computing Report Highlights
| Aspects | Details |
 Market Size By 2032 | USD 29.4 billion |
 Growth Rate | CAGR of 17.9% |
 Forecast period | 2022 - 2032 |
 Report Pages | 240 |
 By Chip Type |
|
 By Region |
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 Key Market Players | Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Lattice Semiconductor Corporation, Advanced Micro Devices Inc, Achronix semiconductor corporation, International Business Machines Corporation (IBM), Intel Corporation, MediaTek Inc., NVIDIA Corporation, Alphabet Inc. |
Analyst Review
The high performance computing (HPC) chipset market is highly competitive, owing to strong presence of existing vendors. High Performance Computing (HPC) Chipset vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the global market requirements. The competitive environment in the market is expected to further intensify with an increase in technological innovations, product extensions, and different strategies adopted by key vendors.
Market interest in current technical developments in high performance computing (HPC) chipset is high. To enhance the performance, flexibility, and durability of films, producers, and researchers look for new techniques. This ongoing innovation is viewed as an indication of potential future growth. The market growth is supplemented by proactive surge in manufacturing output owing to technological advancements. These factors have allowed emerging markets to evolve as largest markets during the forecast period, both from the demand as well as the supply side. Public & private organizations have invested in R&D activities and fabrication techniques to develop cost-effective high performance Computing (HPC) Chipsets.
By region, the HPC chipset market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. The analysis identified that Asia-Pacific contributed maximum revenue in 2022 and is expected to grow at a faster rate as compared to other regions. Factors such as appearance of big data has increased the demand for systems that handle data-intensive workload. Asia-Pacific is the fastest-growing region for the global market, which is mainly attributed to the growing focus of the market players to address the demands of higher processing power with reliable and quicker response time.
The key players profiled in the report include Advanced Micro Devices (AMD), IBM, Hewlett Packard Enterprise (HPE), Intel Corporation, NVIDIA Corporation, Alphabet, Achronix Semiconductor, Cisco System, and MediaTek Inc., and Lattice Semiconductor Corporation. Market players have adopted various strategies such as product launch, collaboration, partnership, agreement, expansion, and acquisition, to expand their foothold in the HPC chipset industry.
Empowerment of high-performance computing in the cloud sector and Advancements in virtualization are the trends of the High Performance Computing (HPC) Chipset Market
GPU is the leading chip type of the High Performance Computing (HPC) Chipset Market
Asia-Pacific is the largest regional market in the High Performance Computing (HPC) Chipset
The estimated industry size of High Performance Computing (HPC) Chipset in 2032 is $29.36 billion
Advanced Micro Devices Inc., Alphabet inc., Hewlett Packard Enterprise Development LP, Lattice Semiconductor Corporation, International Business Machines Corporation (IBM), Cisco Systems, Inc., Intel Corporation, Nvidia Corporation, Mediatek Inc., and Achronix Semiconductor Corporation are the top companies holding a prime share in the global high performance computing (HPC) chipset market.
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