North America AI Enhanced HPC Market Size, Share & Trends Analysis Report By Organization Size, By Deployment (On-premise and Cloud) By Component (Software, Services and Hardware) By Computing Type, By Vertical, By Country and Growth Forecast, 2024 - 2031
North America AI Enhanced HPC Market Size, Share & Trends Analysis Report By Organization Size, By Deployment (On-premise and Cloud) By Component (Software, Services and Hardware) By Computing Type, By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America AI Enhanced HPC Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI Enhanced HPC Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,188.2 million by 2031. The Canada market is experiencing a CAGR of 10.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10% during (2024 - 2031).
AI-enhanced high-performance computing (HPC) is revolutionizing various industries by offering unique and unprecedented capabilities. AI-enhanced HPC systems can process satellite and drone imagery in real-time to monitor crop health, predict yields, and detect diseases or pest infestations early.
Moreover, producers can optimize resource utilization and maximize yields by making data-driven decisions. These systems can provide insights into soil health, nutrient levels, and moisture content by analyzing vast datasets from soil sensors, allowing for precise soil management and sustainable farming practices.
The rising manufacturing sector in the USA is significantly contributing to the growth of the AI enhanced HPC market. As the main engine of innovation in the U.S., manufacturing is responsible for 55% of all patents and 70% of all research and development (R&D) spending. This substantial investment in R&D is crucial for the development and deployment of AI-enhanced HPC solutions. AI-enhanced HPC systems require cutting-edge technology and continuous innovation, which is driven by the robust R&D efforts in the manufacturing sector.
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Deployment, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Software, Services and Hardware. Based on Computing Type, the market is segmented into Parallel Computing, Distributed Computing, and Exascale computing. Based on Vertical, the market is segmented into Analytics for Financial Services, Biological and Medical, Pharmaceuticals, Industrial, Visualization & Simulation, Manufacturing, Energy & Utilities, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
Advanced Micro Devices, Inc.
Arm Limited (SoftBank Group Corp.)
NVIDIA Corporation
Oracle Corporation
Google LLC
IBM Corporation
Intel Corporation
Microsoft Corporation
Amazon Web Services, Inc. (Amazon.com, Inc.)
Samsung Electronics Co., Ltd. (Samsung Group)
North America AI Enhanced HPC Market Report Segmentation
By Organization Size
Large Enterprises
Small & Medium Enterprises (SMEs)
By Deployment
On-premise
Cloud
By Component
Software
Services
Hardware
By Computing Type
Parallel Computing
Distributed Computing
Exascale computing
By Vertical
Analytics for Financial Services
Biological and Medical
Pharmaceuticals
Industrial
Visualization & Simulation
Manufacturing
Energy & Utilities
Other Vertical
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI Enhanced HPC Market, by Organization Size
1.4.2 North America AI Enhanced HPC Market, by Deployment
1.4.3 North America AI Enhanced HPC Market, by Component
1.4.4 North America AI Enhanced HPC Market, by Computing Type
1.4.5 North America AI Enhanced HPC Market, by Vertical
1.4.6 North America AI Enhanced HPC Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Dec – 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America AI Enhanced HPC Market by Organization Size
5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium Enterprises (SMEs) Market by Region
Chapter 6. North America AI Enhanced HPC Market by Deployment
6.1 North America On-premise Market by Region
6.2 North America Cloud Market by Region
Chapter 7. North America AI Enhanced HPC Market by Component
7.1 North America Software Market by Country
7.2 North America Services Market by Country
7.3 North America Hardware Market by Country
Chapter 8. North America AI Enhanced HPC Market by Computing Type
8.1 North America Parallel Computing Market by Country
8.2 North America Distributed Computing Market by Country
8.3 North America Exascale computing Market by Country
Chapter 9. North America AI Enhanced HPC Market by Vertical
9.1 North America Analytics for Financial Services Market by Country
9.2 North America Biological and Medical Market by Country
9.3 North America Pharmaceuticals Market by Country
9.4 North America Industrial Market by Country
9.5 North America Visualization & Simulation Market by Country
9.6 North America Manufacturing Market by Country
9.7 North America Energy & Utilities Market by Country
9.8 North America Other Vertical Market by Country
Chapter 10. North America AI Enhanced HPC Market by Country
10.1 US AI Enhanced HPC Market
10.1.1 US AI Enhanced HPC Market by Organization Size
10.1.2 US AI Enhanced HPC Market by Deployment
10.1.3 US AI Enhanced HPC Market by Component
10.1.4 US AI Enhanced HPC Market by Computing Type
10.1.5 US AI Enhanced HPC Market by Vertical
10.2 Canada AI Enhanced HPC Market
10.2.1 Canada AI Enhanced HPC Market by Organization Size
10.2.2 Canada AI Enhanced HPC Market by Deployment
10.2.3 Canada AI Enhanced HPC Market by Component
10.2.4 Canada AI Enhanced HPC Market by Computing Type
10.2.5 Canada AI Enhanced HPC Market by Vertical
10.3 Mexico AI Enhanced HPC Market
10.3.1 Mexico AI Enhanced HPC Market by Organization Size
10.3.2 Mexico AI Enhanced HPC Market by Deployment
10.3.3 Mexico AI Enhanced HPC Market by Component
10.3.4 Mexico AI Enhanced HPC Market by Computing Type
10.3.5 Mexico AI Enhanced HPC Market by Vertical
10.4 Rest of North America AI Enhanced HPC Market
10.4.1 Rest of North America AI Enhanced HPC Market by Organization Size
10.4.2 Rest of North America AI Enhanced HPC Market by Deployment
10.4.3 Rest of North America AI Enhanced HPC Market by Component
10.4.4 Rest of North America AI Enhanced HPC Market by Computing Type
10.4.5 Rest of North America AI Enhanced HPC Market by Vertical
Chapter 11. Company Profiles
11.1 Advanced Micro Devices, Inc.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Arm Limited (SoftBank Group Corp.)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Recent strategies and developments:
11.2.3.1 Partnerships, Collaborations, and Agreements:
11.2.3.2 Product Launches and Product Expansions:
11.2.4 SWOT Analysis
11.3 NVIDIA Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.5.3 Acquisition and Mergers:
11.3.6 SWOT Analysis
11.4 Oracle Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Google LLC
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Product Launches and Product Expansions:
11.5.5.3 Acquisition and Mergers:
11.5.6 SWOT Analysis
11.6 IBM Corporation
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional & Segmental Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.5.2 Product Launches and Product Expansions:
11.6.5.3 Acquisition and Mergers:
11.6.6 SWOT Analysis
11.7 Intel Corporation
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Product Launches and Product Expansions:
11.7.5.2 Acquisition and Mergers:
11.7.6 SWOT Analysis
11.8 Microsoft Corporation
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments:
11.8.5.1 Partnerships, Collaborations, and Agreements:
11.8.5.2 Acquisition and Mergers:
11.8.6 SWOT Analysis
11.9 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental Analysis
11.9.4 Recent strategies and developments:
11.9.4.1 Partnerships, Collaborations, and Agreements: