Updated Worldwide HPC Server Market Status and Forecast, 2019–2024, Including Covid-19 Impacts

In 2018, Hyperion Research officially released its first market sizing and forecast for HPC spending in third-party clouds, projecting a spend of $7.4 billion in 2023 on HPC cloud resources. After a year of in- depth studies, interviews, and research, the forecast incorporates new findings that reflect a significant shift in the market, especially in the past twelve months, increasing our 2019 cloud spending forecast by $1 billion.

Hyperion Research forecasts that the worldwide HPC broader market (servers, storage, software, and services) will expand at a 7.9% CAGR to nearly $40B in 2025. HPC servers comprise about half of broader market revenues and are expected to grow at a similar rate (8.0% CAGR) to reach nearly $20B in 2025. Storage is forecasted to show the highest growth (9.3% CAGR).