Supercomputer Market Analysis, And Regional Outlook By 2025
16th
April 2019 - The
Global Supercomputer Market is subject to witness a substantial growth at a
CAGR of 8.65% due to the shifting trend towards high-performance computing,
increasing demand for high computing devices to process large chunks of data and
growing requirement of high processing speeds. Supercomputer is capable of
processing large chunks of data in small duration of time and efficiently.
These factors are expected to fuel market demand for supercomputers over the
forecast period.
Globally, the market is predicted to generate massive revenue over next
seven years, providing numerous opportunities for market players to invest for
research and development in the supercomputer market. The recent technological
advancements in electronic sector coupled with integration of Linux-based
operating systems are expected to foster the market growth in upcoming years.
Growing requirement for high processing speed to process large chunks of data
is anticipated to boost market growth as well. In addition, introduction of big
data technology and data centers are predicted to favor the market growth
during the forecast period. Increasing amount of data availability has led to
advancement in parallel processing units in the last decade. Moreover, normal
computers are not capable to process these chunks of data, which makes their
processing speed slower.
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A supercomputer has capability to access and process larger amounts of
data in a faster and efficient way by using parallel processing unit. Evolution
of big data technology and high-end demand for faster processing rates by
large-scale organizations is expected to amplify market demand for
supercomputers over the next seven years. In addition, rising focus towards
development of higher problem-solving and high-performance computing solutions
is propelling the growth of supercomputer market, in the recent years.
By processing large chunks of data available, supercomputers are capable
of predicting extreme weather conditions and natural disasters. Weather
forecasting can be carried out by constantly monitoring weather, thus
preventing loss of life during natural disaster such as cyclones, hurricanes,
tornados, and earthquakes. These factors are critical for robust market growth
of supercomputer industry over the forecast period. Supercomputer are also used
for research & development of advanced weapon systems such as missiles. Use
of supercomputers helps to reduce cost of defense system by curbing time
required during the design cycle. Computerized simulation allows reduction of
expensive and destructive-live experiments. Increasing investment by both local
as well as private bodies for development of compact supercomputers is expected
to offer lucrative growth opportunities for industry players over the forecast
period.
The market is broadly categorized into five major segments based on the
type of application such as weather forecasting & aerodynamic research,
probabilistic analysis, brute force code breaking, 3D nuclear test simulations,
and molecular dynamics simulation. The weather forecasting & aerodynamic
research is considered as one of the faster growing segment in the
supercomputer market with substantial revenue generation in the last couple of
years. Growing popularity of the supercomputers in the weather forecasting
& aerodynamic research segment is attributed to the prevention of loss of
life during natural disaster such as cyclones, hurricanes, tornados and
earthquakes.
The market is divided by region as North America, Europe, Asia-Pacific,
Latin America and Africa. North America has shown major growth in recent years
owing to the rise in the implementation of latest technologies in electronic
sector, favorable government policies, and existence of well-established
infrastructure. Asia-Pacific region is predicted to hold major market share in
the supercomputer market with massive growth in forecast period.
Countries such as India, China, South Korea and Japan are leading the
Asia-Pacific market with strong economic growth, availability of skilled
workforce, modernization of defense sector, increasing funding by regional
governments, and significant investment by leading industry players considering
potential growth opportunities in the region. The key players in the
supercomputer market are Atos SE, Cray Inc., Dell Co., FUJITSU Co., Hewlett
Packard Enterprise Development Inc., IBM Co., Lenovo Inc., NEC Co., Silicon
Graphics International, Inc., and Dawning Information Industry Co., Ltd.
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