Over the past two decades, enterprises have realized the value of using clusters of computers to solve complex mathematical, computational, and simulation/modeling problems. The market is currently dominated by high performance computing (HPC) equipment used for traditional use cases, or situations in which an HPC system is used for heavy-duty number crunching, simulation, and analysis, techniques that require the brute force of cluster computing to reduce the time to complete complex calculations. However, according to a new report from Tractica, the new engine of growth for the enterprise HPC market lies in artificial intelligence (AI)-focused use cases. The market intelligence firm anticipates that while AI-focused HPC use cases accounted for just 7.4% of total revenue in 2017, that percentage will increase to 35.4% by 2025.
Tractica forecasts that the worldwide market for enterprise HPC compute and storage, software, and service will increase from $18.8 billion in 2017 to $31.5 billion by 2025. Traditional HPC use cases are growing quite slowly at a compound annual growth rate (CAGR) of 1.9%, and it is the AI-focused HPC use cases that will be the engine of market growth, with a CAGR of 29.7% during the forecast period.
“The growth in the market for HPC compute, storage, software, and services is clearly being driven by the increasing use of AI and related technologies within the enterprise market,” says principal analyst Keith Kirkpatrick. “Tractica projects that over the next few years, AI proof-of-concept programs will begin to be scaled across the enterprise, portending the need for AI-specific HPC systems, or additional capacity added to existing HPC infrastructure to handle the additional workload.”
Tractica’s report, “Enterprise High Performance Computing”, examines the market trends and technology issues surrounding high-performance computing and provides revenue forecasts for compute and storage, software, and services during the period from 2017 through 2025. HPC use cases and applications are analyzed in depth, and the report also includes detailed profiles of 11 key industry players. Market forecasts for compute and storage, software, and services, are segmented by world region and industry, across 18 traditional HPC use cases and 30 AI-based HPC use cases. An Executive Summary of the report is available for free download on the firm’s website.