The global supercomputer market size is estimated at a value of US$ 9.4 billion in 2024 and is forecasted to increase at a CAGR of 11.2% to reach US$ 27.17 billion by the end of 2034. Continuous advances in processor architectures, memory technologies, and interconnections are critical for considerably enhancing the performance and efficiency of supercomputing systems. These advancements included quantum computing, which enables remarkable processing capability through the use of quantum physics and exascale computing. This aims to achieve a computational performance of at least one exaflop, or one billion computations per second.
North America accounts for a leading market position due to high investments in scientific research in various sectors, including climate science, genetics, astronomy, and materials science. Supercomputers are becoming necessary in these sectors for complex simulations, modeling, and large-scale data processing.
Key Takeaways from the Market Study:
“Ongoing expansion of big data and the rise of AI applications are creating lucrative market opportunities for supercomputer makers since these require vast processing power,” says a Fact.MR analyst
High Preference for Linux Operating System
The Linux operating system is commonly used in supercomputers because of its better scalability and performance optimization capabilities. These properties enable it to make effective use of supercomputers' enormous processing power. Linux's open-source nature allows for customization and adoption for specific computing requirements, which is useful for a variety of scientific and research applications.
Another reason for its increasing popularity is that Linux supports parallel processing and distributed computing environments, which are required for complicated simulations and large-scale data analytics in supercomputing applications.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the supercomputer market, presenting historical demand data (2019 to 2023) and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on operating system (Unix, Linux), type (vector processing machines, tightly connected cluster computers, commodity clusters), and end-user (commercial industries, government entities, research institutions), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).
Key Companies Profiled:
Atos SE; Hewlett Packard Enterprise Development LP; Dell Inc.; Inspur Group; Fujitsu Limited; IBM Corporation; Huawei Technologies Co., Ltd.; NEC Corporation; NVIDIA; Intel; Dwave
Industry News:
In July 2024, Australia installed its most powerful supercomputer ever for AI and research work.
In July 2024, Hewlett Packard Enterprise revealed plans to create a new NVIDIA-powered supercomputer for AIST, one of Japan's top research institutions. ABCI (AI Bridging Cloud Infrastructure) 3.0, AIST's next-generation supercomputer, will be made available as a cloud service to public and private organizations to support large foundational models for generative AI, accelerating the advancement of research, development, innovation, and social application.
In January 2022, Meta, previously called Facebook, constructed the world's largest new supercomputer to develop a new generation of AI, referred to as the AI Research SuperCluster (RSC), to boost real-time interactions.
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A supercomputer is a highly advanced computing system designed to perform complex calculations at extremely high speeds, often used for scientific research, simulations, and large-scale data processing.
Quantum computing is a type of computing that utilizes the principles of quantum mechanics to process information, potentially allowing for much faster calculations than traditional computers.
Linux is an open-source operating system known for its stability and flexibility, widely used in supercomputers due to its ability to efficiently manage large-scale computing tasks.
CAGR, or Compound Annual Growth Rate, is a useful measure that describes the mean annual growth rate of an investment over a specified time period, assuming the investment grows at a steady rate.
Big data refers to extremely large datasets that can be analyzed computationally to reveal patterns, trends, and associations, particularly in relation to human behavior and interactions.
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