NEW
YORK, July 3, 2024 /PRNewswire/ -- The
global supercomputer market size is estimated to grow by
USD 33.45 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of over 28.54% during the forecast period. Commercial
customers increasingly adopting supercomputing systems is driving
market growth, with a trend towards growing use of cloud. However,
high ownership cost and large power consumption increases total
cost poses a challenge. Key market players include Advanced Micro
Devices Inc., Apple Inc., ASUSTeK Computer Inc., Atos SE,
Cerebras, CoreWeave, Dell Technologies Inc., Ford Motor Co.,
Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Intel
Corp., International Business Machines Corp., Lenovo Group Ltd.,
Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., Renesas
Electronics Corp., Robert Bosch GmbH, and ZF Friedrichshafen
AG.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
OS (Linux, UNIX, Mixed,
and Windows), End-user (Government entities, Scientific research
and academic institutions, and Commercial industries), Processor
Type (Intel, IBM (Power), AMD, and Others), and Geography (APAC,
North America, Europe, South America, and Middle East and
Africa)
|
Region
Covered
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Advanced Micro Devices
Inc., Apple Inc., ASUSTeK Computer Inc., Atos SE, Cerebras,
CoreWeave, Dell Technologies Inc., Ford Motor Co., Fujitsu Ltd.,
Hewlett Packard Enterprise Co., Hitachi Ltd., Intel Corp.,
International Business Machines Corp., Lenovo Group Ltd., Meta
Platforms Inc., Microsoft Corp., NVIDIA Corp., Renesas Electronics
Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG
|
Key Market Trends Fueling Growth
Supercomputing centers are partnering with cloud providers like
Microsoft Azure to expand their market reach. Cray's collaboration
with Microsoft allows access to Azure's customer base and offers
dedicated Cray supercomputers for HPC and AI applications. This
arrangement caters to users seeking cloud flexibility and broadens
the market for supercomputing, particularly in the private sector,
including automotive, financial services, and life sciences.
Microsoft Azure data centers will host Cray systems, with direct
customer contracts for support and maintenance. Such collaborations
are expected to increase as supercomputer vendors explore new
markets.
The supercomputer market is experiencing significant growth due
to the increasing demand for advanced computing solutions.
Genomics, deciphering complex data, and artificial intelligence are
key areas driving this trend. Cloud computing and compositing are
also important technologies shaping the market. The use of vector
processing and parallel processing units is becoming more common.
Operating systems like Linux and OpenPascal are popular choices for
supercomputer environments. The market is competitive with
companies focusing on delivering high-performance computing
solutions. The future of supercomputing lies in its ability to
handle large datasets and complex calculations, making it an
essential tool for various industries.
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Market Challenges
- The supercomputer market faces challenges due to substantial
costs associated with ownership and maintenance. These costs
include installation, power consumption, and annual maintenance.
Supercomputers can cost between USD100
million and USD300 million,
with energy consumption averaging 6-7 megawatts and peaking at 9.5
megawatts, leading to an annual energy cost of USD6-7 million. Location, size, cooling
solutions, square footage, redundancy, data center complexity, and
interconnect network type significantly impact costs. These factors
may hinder market growth during the forecast period.
- The supercomputer market faces several challenges in the
current climate. Decision-making processes require massive
computational power, driving demand for advanced technologies.
However, cost and complexity are significant barriers to adoption.
Consumers seek cloud-based solutions for affordability and ease of
use. Depreciation rates are high, making investments a risk.
Technical expertise is essential for implementation and
maintenance. Additionally, data security and privacy concerns
persist. Despite these challenges, the market continues to grow,
driven by advancements in artificial intelligence and machine
learning. Companies must innovate to meet consumer demands and
overcome these hurdles.
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challenges - Download a Sample Report
Segment Overview
This supercomputer market report extensively covers market
segmentation by
- OS
- 1.1 Linux
- 1.2 UNIX
- 1.3 Mixed
- 1.4 Windows
- End-user
- 2.1 Government entities
- 2.2 Scientific research and academic institutions
- 2.3 Commercial industries
- Processor Type
- 3.1 Intel
- 3.2 IBM (Power)
- 3.3 AMD
- 3.4 Others
- Geography
- 4.1 APAC
- 4.2 North America
- 4.3 Europe
- 4.4 South America
- 4.5 Middle East and
Africa
1.1 Linux- Linux is the dominant operating system in
the supercomputer market due to its ability to support various
hardware architectures and platforms, superior hardware driver
quality, and open-source nature. Supercomputer vendors prefer Linux
for its cost-effectiveness, ease of integration, and extensive
software packages. Linux's scalability, reliability, flexibility,
and ease of use further enhance its appeal. The absence of
licensing fees and the ability to add or remove networking devices
without rebooting also contribute to its popularity. Linux's
security features are an added advantage, making it a preferred
choice for the supercomputer industry.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Supercomputer Market is experiencing significant growth due
to the increasing demand for advanced Data Sets and Analytics
workloads. Cloud-computing and Platform-as-a-Service (PaaS)
solutions are driving this trend, enabling enterprises to access
Higher Processing Power on-demand. Supercomputers, powered by Linux
and Unix operating systems, are essential technology-based
solutions for managing and analyzing large Data Sets. These systems
are crucial for Decision-making processes in various industries,
including CT scanning and Vector processing machines. Investments
in Research and Development activities continue to fuel innovation,
leading to the development of more powerful and efficient
supercomputers. Cloud Computing is also playing a pivotal role in
making supercomputing capabilities more accessible and
cost-effective for businesses.
Market Research Overview
The supercomputer market encompasses the design, development,
and deployment of high-performance computing systems capable of
processing complex data and performing large-scale simulations.
These systems are essential for various industries, including
finance, healthcare, and research, to analyze massive datasets and
make informed decisions. The market is driven by advancements in
technology, such as the integration of artificial intelligence and
machine learning, and the increasing demand for data-intensive
applications. Additionally, the growing trend towards cloud
computing and the adoption of hybrid computing solutions are
shaping the market's growth trajectory. The market is expected to
witness significant growth in the coming years due to these factors
and the continuous development of more powerful and efficient
supercomputers.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- OS
-
- End-user
-
- Government Entities
- Scientific Research And Academic Institutions
- Commercial Industries
- Processor Type
-
- Intel
- IBM (Power)
- AMD
- Others
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio