Outlook on the Global Supercomputers Market 2019-2024: Anticipating a CAGR of Approx 9.5% - ResearchAndMarkets.com
The supercomputer market is expected to register a CAGR of about 9.5% during the forecast period 2019-2024.
The "Supercomputers
Market - Growth, Trends, and Forecast (2019 - 2024)" report has
been added to ResearchAndMarkets.com's offering.
The supercomputer market is expected to register a CAGR of about 9.5%
during the forecast period 2019-2024.
The increasing use of cloud technology is one of the significant
supercomputer market trends. With the growing workload, supercomputing
centers are adopting cloud and parallel applications are being run by
the cloud as they do not require particular architecture. With rising
sophisticated applications in the future, the demand for cloud will
consequently increase. Several giant companies are shifting toward
partnership and collaboration to provide enormous growth potential.
Key Highlights
-
CRAY, a major player in the market, is developing vector processing
systems that are using better architecture and provide higher
efficiency than the present parallel processing machines. Thus, vector
processing is expected to again gain prominence and its market share
is expected to increase. -
Government entities are the highest revenue generating end user. They
have major control over the supercomputer market. The major reason for
the high growth of commercial industries is the scalability and
applications of supercomputers. -
However, the high initial setup cost is challenging the growth of the
market.
Major Market Trends
Increasing Demand for Higher Processing Power to Drive Market Growth
-
Development of highly sophisticated models that deal with complex
physics, chemistry and environmental issues require higher computing
resources to solve the problems associated with them. -
The development of such models is needed to solve problems and
innovate products and solutions that make lives easier. Supercomputing
is the fastest way to solve problems that would otherwise require
years. The need for higher processing power increases as the problems
get complicated. -
According to Cisco, till 2019, IoT devices will generate an estimated
500 zettabytes of data per year and that number is expected to grow
exponentially, not linearly, for the years beyond. To handle this
amount of data, the only supercomputer can process it and give the
desired output in less time. -
Therefore, countries across the globe engaging in promoting the use of
supercomputers. China is leading with the most number of
supercomputers followed by the United States as these countries are
heavy into R&D and innovations.
Asia-Pacific to Register a Significant Growth Rate
-
Due to the rising trend of accessing and processing huge amount of
data at faster rates and extending applications in various fields,
such as weather forecasting, defense research, and medical
applications, many countries across the region are investing in the
development of supercomputers. -
The major contribution in investment and development in Asia-Pacific
is from countries like China, Japan, and India that invest heavily in
the technology landscape. Thus, Asia-Pacific is projected to be the
major market for supercomputers. -
Further, China is constantly striving to develop the most advanced
supercomputers in the world, which has led to the development of
Tianhe-2A, Sunway TaihuLight, and PAI-Bsystem, among others. Japan and
India are also gaining momentum in the supercomputer market with high
investments from the respective governments toward supercomputer
infrastructure.
Competitive Landscape
The supercomputers market is consolidated due to a few major players
holding a greater share of the market. Some of the key players include
Cray, HPE, Atos, Dell, FUJITSU Corporation, IBM Corporation, Lenovo, NEC
Technologies India, among others.
Recent Developments
-
May 2019 - Hewlett Packard Enterprise and Cray Inc., a global
supercomputer leader, announced that the companies have entered into a
definitive agreement under which HPE will acquire Cray for YSD 35.00
per share in cash, in a transaction valued at approximately USD 1.3
billion, net of cash. -
April 2019 - Atos, one of the global leaders in digital
transformation, achieved the Internet of Things (IoT) Partner
Specialization in the Google Cloud Partner Specialization Program. By
earning the Partner Specialization, Atos has proven their expertise
and success in building customer solutions in the Internet of Things
(IoT) field using Google Cloud Platform technology.
Key Topics Covered
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Higher Processing Power
4.2.2 Growing Investments in Research
4.3 Market Restraints
4.3.1 High Initial Setup Cost
4.3.2 Large Installation Space
4.4 Industry Attractiveness - Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Vector Processing
5.1.2 Parallel Processing
5.2 By End User
5.2.1 Commercial Industries
5.2.2 Government Entities
5.2.3 Research Institutions
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Atos SE
6.1.2 Cray Inc.
6.1.3 Dell Inc.
6.1.4 FUJITSU Corporation
6.1.5 Hewlett Packard Enterprise
6.1.6 IBM Corporation
6.1.7 Lenovo Inc.
6.1.8 NEC Technologies India Private Limited
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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