How big is the HPC Software Market?

The HPC Software Market size is expected to reach USD 6.78 billion in 2024 and grow at a CAGR of 58.52% to reach USD 67.91 billion by 2029. Read More

What is the current HPC Software Market size?

In 2024, the HPC Software Market size is expected to reach USD 6.78 billion. Read More

Who are the key players in HPC Software Market?

Dell EMC, Hewlett Packard Enterprise Development LP, IBM Corporation, Intel Corporation and Microsoft Corporation are the major companies operating in the HPC Software Market. Read More

Which is the fastest growing region in HPC Software Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in HPC Software Market?

In 2024, the North America accounts for the largest market share in HPC Software Market. Read More

What years does this HPC Software Market cover, and what was the market size in 2023?

In 2023, the HPC Software Market size was estimated at USD 2.81 billion. The report covers the HPC Software Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the HPC Software Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

HPC Software Market - Growth & Analysis

HPC Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global High Performance Computing (HPC) Software Market Size & Companies. The market is segmented by Deployment Type (On-premise, Cloud), Industrial Application (Aerospace & Defense, Energy & Utilities, BFSI, Media & Entertainment, Manufacturing, Life-science & Healthcare, Design & Engineering), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

HPC Software Industry Overview

Some regional and global players dominate the market with their technological expertise in high-performance computing software solutions. The global market for high-performance computing software is expected to be consolidated in nature. Amazon Web Services Inc., ANSYS, Inc., Dassault Systemes, Dell EMC, Google Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Intel Corporation, Microsoft Corporation, and Oracle Corporation are some of the major players in the current market. All these players are involved in competitive strategic developments such as partnerships, new product innovation, and market expansion to gain leadership positions in the global high-performance computing software market.

In May 2023, IBM announced Cadence Design Systems, Inc. is leveraging high-performance computing (HPC) with IBM Cloud HPC to help develop its chip and system design software faster. Cadence can flexibly manage its compute-intensive workloads on-premises and in the cloud with the integrated IBM Spectrum LSF deployed in a hybrid cloud solution for HPC.

In May 2023, Quantum Machines announced its partnership with ParTec to launch a co-developed universal software solution for tightly integrating quantum computers into high-performance computing (HPC) environments.