EXECUTIVE SUMMARY
This Intersect360 Research report presents the 2024 total market size and five-year forecast for the overall market for enterprise high performance computing (HPC) and artificial intelligence (AI). The non-hyperscale HPC-AI market is segmented into geographical regions: Americas, EMEA (Europe, Middle East, and Africa), and Asia-Pacific. Market sizing is given in U.S. dollars for 2023 and 2024, with a five-year forecast horizon through 2029 and compound annual growth rates (CAGRs) using 2024 as a base.
At the top level, Intersect360 Research tracks total data center infrastructure, segmented into accelerated, parallel computing segments (the “AI market”) and non-accelerated segments. The AI-focused accelerated computing portion is segmented into five categories: hyperscale AI, AI-focused cloud service providers, national sovereign AI data centers, HPC-AI (non-cloud), and enterprise AI (non-HPC, non-cloud). Two additional non-accelerated segments—hyperscale and enterprise—complete the market. The detailed forecast for these data center segments is given in the Intersect360 Research report, Worldwide Data Center and AI Infrastructure 2024 Total Market Size and 2025-29 Forecast: Accelerated and Non-Accelerated Computing Segments, published as part of this forecast report series.
This report focuses specifically on regional dynamics within the HPC-AI and enterprise AI market, highlighting where growth is accelerating, where it is stalling, and how regional trends are shaping global competition. It includes both infrastructure spending and cloud computing for HPC and AI applications, offering a comprehensive view of the enterprise (non-hyperscale) “AI market” across the Americas, EMEA, and Asia-Pacific regions.
In general, the HPC-AI market includes multi-node, networked systems or cloud instances running parallel applications, which require a focus on performance or scalability in some dimension (e.g., processing, memory, I/O, networking), plus associated storage, software, networks, services, and other necessary components. The market size does not include spending on internal budget items such as power consumption or staffing, which are tracked in separate surveys.
Intersect360 Research reports available in this series include the following segmentations of the HPC-AI and enterprise AI market:
- Products and Services: servers, storage, networks, software, service, cloud, other
- Vertical markets: academia, national security, national research labs, national agencies, state or local governments, bio sciences, chemical engineering, consumer product manufacturing, electronics, energy, financial services, large product manufacturing, media and entertainment, retail, transportation, other (presented both with and without hyperscale as a vertical market)
- Regions: Americas, EMEA, Asia-Pacific
- Server class (HPC-AI server revenue): entry-level, midrange, high-end, supercomputer
The HPC-AI and enterprise AI segments combined grew 24.1% to reach $60.1 billion in 2024. Since virtually all HPC-using sites are also investing in AI as part of a merged infrastructure or budget, this blended segmentation represents the enterprise (non-hyperscale) “AI market.” Growth in 2024 was strong across all regions, though unevenly distributed. EMEA led in year-over-year growth, buoyed by public investment and large-scale deployments, while the Americas maintained the largest share of global spending.
A temporary downturn is expected in 2025, with a projected market contraction of 4.5%, due primarily to declining public-sector funding in the United States. However, the market is forecast to recover in 2026 and continue expanding, reaching $81.6 billion by 2029, with a compound annual growth rate (CAGR) of 6.3% over the period. Regional dynamics will increasingly be shaped by geopolitical agendas, sovereignty strategies, and the global race to secure AI leadership.
TABLE OF CONTENTS
Executive Summary – 2
Table of Contents – 4
Introduction – 5
The “AI Market”: Accelerated, Parallel Computing – 6
Data Center Segment Definitions – 7
What Are HPC, AI, and Hyperscale? – 8
The HPC-AI and Enterprise AI Market – 10
The AI Boom – 10
HPC-AI and Enterprise AI: Product and Services, 2024 vs. 2023 – 10
Table 1: HPC-AI and Enterprise AI Market ($M), 2024 vs. 2023, by Region – 11
Figure 1: HPC-AI and Enterprise AI Market ($M), 2024, by Region – 12
HPC-AI and Enterprise AI Forecast, 2025-29: Regions – 12
Table 2: HPC-AI and Enterprise AI Market ($M), 2023-24 Actual, 2025-29 Forecast, by Region – 13
Figure 2: HPC-AI and Enterprise AI Market ($M), 2023-24 Actual, 2025-29 Forecast, by Region – 13
Conclusions – 14
Appendix A: Methodology – 17
Appendix B: HPC, AI, and Hyperscale: Definitions and Interdynamics – 19
What are Artificial Intelligence and Machine Learning? – 19
What is HPC? – 21
What is Hyperscale? – 21
What Makes Hyperscale “Hyper”? – 22
Hyperscale and Business Computing – 23
Hyperscale and HPC – 23
How Hyperscale is Unique – 25