Authors: Earl Joseph, Steve Conway, Bob Sorensen and Alex Norton
Publication Date: July 2018
Length: 5 pages
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.
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.
August 2020 | Market Forecast
Hyperion Research forecasts that the worldwide HPC broader market (servers, storage, software, and service) will expand at a 7.1% CAGR to more than $39.2 billion in 2023, up from $27.8 billion in 2018.
June 2019 | Market Forecast