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Intersect360 anticipates 8% growth in HPC market over next five years

Intersect360 Research, the former research arm of Tabor Communications (publisher of HPCwire) that went independent about a year ago, has released its assessment of the HPC market over the next 4 years

The traditional High Performance Computing (HPC) industry will be worth $21.8 billion by the year 2014, predicts Intersect360 Research in its newly released Traditional HPC Total Market Forecast: 2010 to 2014. The market research and consulting firm anticipates the HPC market growing at a compound annual growth rate of 7.8% for the next five years.

This is good news, considering that the market contracted considerably in 2009 (11% to 20% according to IDC and Intersect360, depending upon what you count). This growth figure is roughly consistent with what IDC’s announcement back in March that it was anticipating year-over-year growth of 5 to 7 percent.

The report defines several specific sectors that offer the largest opportunities for expansion in the next few years. Significant growth will come from the mid-range and entry-level segments of the market, according to [Intersect360 Research Chief Research Officer Christopher G. Willard]. “These segments hold a larger pool of convertible and found problems, which lead to green-field opportunities.”

HPC vendors should also look to the European markets, said Willard. “We believe that, even starting from a larger base, these markets hold similar growth opportunities to the highly touted Asia-Pacific markets, and they may be more stable.”

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