Supercomputer Market Set to Reach $27.17 Billion by 2034: Trends, Innovations, and Regional Growth Insights

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:

• Global sales of supercomputers are projected to increase at 11.2% CAGR from 2024 to 2034.
• The North American market is estimated at a value of US$ 3.1 billion in 2024.
• East Asia is analyzed to account for 26% share of the global market by 2034.
• Sales of supercomputers in Japan are projected to reach US$ 2.08 billion by the end of 2034.
• The market in the United States is set to reach US$ 1.38 billion in 2024.
• The South Korea market is forecasted to expand at 12.8% CAGR through 2034.
• Based on operating systems, Linux is expected to hold 78% market share in 2024.

“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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