This Intersect360 Research report presents early guidance on the effects on our worldwide forecast for the High Performance Computing (HPC) market due to the global COVID-19 pandemic.
Intersect360 Research previously reported that total worldwide market revenue for HPC was $36.1 billion, forecast to grow to $38.7 billion in 2019 and $41.4 billion in 2020. We expect to release final market revenue numbers for 2019 to clients in the next calendar quarter, along with an updated five-year forecast, 2020 through 2024. Our demand-side, end-user survey data suggests the 2019 market performance will be close to our forecast; COVID-19 did not have a significant effect on the worldwide HPC market in 2019.
At this time, we project that 2020 market revenue will fall significantly short of our previous forecast, as a direct result of the pandemic. This shortfall will not be evenly spread across market segments. There will be certain segments that may perform at or even above our previous forecast. Conversely, some segments will be significantly below the average decline. This report looks at relevant segmentations—products and services (servers, storage, networks, services, and cloud computing), vertical markets, and regions—to give specific pre-release guidance to our clients.
Intersect360 Research defines HPC as the use of servers, clusters, and supercomputers—plus associated software, tools, components, storage, and services—for scientific, engineering, or analytical tasks that are particularly intensive in computation, memory usage, or data management.
This report is supported by end-user survey data, primarily from our annual HPC Budget Map survey. Data for this survey was collected in February and March 2020, including follow-up questions to most participants that specifically inquired about budgetary effects from COVID-19. The data from these specific COVID-19 questions are discussed in this report. Full reports in our HPC Budget Map series are forthcoming.
TABLE OF CONTENTS
What Is HPC?
HPC 2020 MARKET FORECAST ADJUSTMENT
Figure 1: Revised 2020 Forecast, Total HPC Market Revenue ($000)
Vertical Market Segmentation Outlook
Table 1: 2020 HPC Spending Forecast Adjustment by Vertical Market
Product and Services Segmentation Outlook
Table 2: 2020 HPC Spending Forecast Adjustment by Products and Services
Region Segmentation Outlook
Table 3: 2020 HPC Spending Forecast Adjustment by Region
APPENDIX A: END-USER DATA RELATED TO COVID-19
APPENDIX B: METHODOLOGY AND SEGMENT DEFINITIONS
Vertical Market Segmentation Definitions
Product and Services Segmentation Definitions
Region Segmentation Definitions
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