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

Analysis of Market Size & Trends

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.

Free Valuable Insights: The AI Enhanced HPC Market is Predict to reach USD 5.0 Billion by 2031, at a CAGR of 9.2%

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