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All issuesVolume 314, Issue 1IT NewsHPC

Intersect360 Research Sizes Worldwide HPC-AI Market at $85.7B

HPCWire, Monday, April 29th, 2024

Intersect360 Research has released its annual Worldwide HPC-AI Market 2023 Total Market Size and 2024-2028 Forecast, detailing the tremendous growth of the HPC-AI market in 2023.

The total worldwide market for scalable computing infrastructure for High Performance Computing (HPC) and Artificial Intelligence (AI) was $85.7 billion in 2023, up 62.4% year-over-year, due predominantly to a near tripling of spending by hyperscale companies on their AI infrastructure. The on-premises HPC-AI infrastructure market grew at a steady clip, up 7.1% from 2022.

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