The Cloud HPC Market is expected to grow at a healthy CAGR of 16.68% from 2023 to 2030, reaching a valuation of around USD 16.19 Billion by the end of 2030. HPC is necessary for managing the massive amounts of data produced by AI, ML, IoT, and 3D imaging, as well as for real-time data processing, examining market trends, tracking a developing storm, and testing new products. The need for high-performance computing (HPC) equipment is expanding quickly in genomics research, as it helps scientists find and examine genetic variants related to various diseases and how they respond to treatments.
