2020 HPC Cloud Forecast
Authors: Alex Norton, Mark Nossokoff, Earl Joseph
Publication Date: August 2020
Length: 5 pages
Running HPC workloads in the cloud has undergone a fundamental shift over the past few years as CSPs have made a concerted effort to address the needs of HPC users, both for traditional HPC workloads as well as AI applications. Cloud adoption continues to rapidly increase for both current and new users, leading to a projection of end user HPC cloud spending to reach almost $9 billion by 2024. The spending for cloud resources by HPC end users primarily augments their spending for on-premise servers, as most users employ the cloud to complement, rather than replace, on-premise resources. There is much higher cloud adoption by workgroup users, suggesting that workgroup users are shifting some of their on-premise workloads to the cloud.
HPC Cloud Forecast 2020-2025
Alex Norton, Mark Nossokoff, Earl Joseph
Hyperion Research is projecting the HPC cloud market to exhibit a five-year CAGR of nearly 17% and reach $9.3 billion in end user spending in 2025. The key verticals driving much of the growth include: the bio-sciences and manufacturing sectors, as well as the economics/finance sector and the EDA sector, to name a few.
October 202021 | Market Forecast
Worldwide HPC Broader Market Forecast Update, 2017–2022
Earl Joseph, Steve Conway, Bob Sorensen and Alex Norton
Hyperion Research forecasts that the worldwide HPC broader market (servers, storage, software, and service) will expand at a 9.6% CAGR to more than $38.3 billion in 2022, up from $24.2 billion in 2017.
July 2018 | Market Forecast