Supercomputers Market Size, Share, Opportunities, And Trends By Type (General Purpose, Special Purpose), By Component (Hardware, Software), By Application (AI, Machine Learning, Data Analytics, Others), By End User (Automotive, Government, Manufacturing, Aerospace, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616072
  • Pages : 149

The supercomputers market is evaluated at US$7.256 billion for the year 2022 and is projected to grow at a CAGR of 9.01% to reach a market size of US$13.273 billion by the year 2029.

Supercomputers are extremely powerful computing machines that utilize multiple CPUs, organized into compute nodes, to solve complex problems. They rely on high-speed interconnects for communication and often consist of tens of thousands of nodes. Supercomputers were first developed in the 1960s, initially for military purposes and funded by the US government. The supercomputer market growth is rising as data-driven organizations seek enhanced decision-making capabilities, with various industries like BFSI and defense partnering with vendors for advanced processing power.

MARKET TRENDS:

The supercomputer market is driven by several important variables that foster innovation and growth. The growing need for high-performance computing (HPC) solutions in a variety of sectors, including commercial organizations, academic institutions, government agencies, and scientific research, is one important driver. As data-intensive applications like financial analytics, molecular modeling, weather forecasting, and artificial intelligence (AI) proliferate, the need for supercomputers that can handle enormous datasets and carry out intricate computations is rising.

Moreover, supercomputers with extraordinary processing power and energy efficiency may be built because of developments in semiconductor technology, which have led to the creation of strong processors, fast interconnects, and effective cooling systems.

MARKET DRIVERS:

  • Automation in the BFSI sector is anticipated to bolster the supercomputer market growth.

The BFSI industry is collaborating with vendors to automate processes and invest in research projects, driving the expansion of the supercomputer market. For instance, in December 2021, OTP Group entered a partnership with SambaNova Systems to develop an AI-based supercomputer aimed at enhancing financial services. The collaboration, supported by the Ministry for Innovation and Technology, intends to make this solution accessible to public, private, and higher education institutions. Supercomputers play a vital role in real-time payment fraud detection.

To combat fraud financial giants like Mastercard and Visa are investing in high-performance computing and leveraging machine learning to enhance fraud detection systems.

  • The big data analytics growth might drive the supercomputer market expansion.

The demand for supercomputers is being driven by data-centric enterprises seeking to enhance decision-making and gain a competitive edge. Governments worldwide are investing in HPC to process and analyze data for various projects, contributing to the expansion of the supercomputer market. In March 2023, the UK Chancellor announced an investment of approximately £900 million for a cutting-edge 'exascale' supercomputer and a dedicated AI Research Resource. This funding will significantly boost the country's computing capacity, enabling research into climate change, drug discovery, and AI advancement, benefiting society and the economy.

  • Innovations in cloud computing are predicted to drive the supercomputer industry growth.

The proliferation of edge computing is generating vast new datasets from various sources. Supercomputers play a pivotal role in processing and analyzing large datasets, with a focus on integrating edge computing, big data analytics, and artificial intelligence. In October 2022, the University of Bath in the UK introduced a new cloud-based supercomputer called Nimbus, hosted entirely on Microsoft's Azure cloud platform. This move makes the university the first in the UK to transition all possible high-performance computing (HPC) workloads to the cloud.

MARKET RESTRAINTS:

Supercomputers, while offering immense computational power, face several challenges, including high costs. These systems are exceptionally expensive to design, build, and maintain, with custom hardware and software adding to upfront expenses. Ongoing operational costs, including power, cooling, and maintenance, further escalate the total cost of ownership. This excessive price tag often acts as a significant barrier, hindering the broader adoption and market growth of supercomputers across various sectors.

Asia Pacific is predicted to account for a significant share of the supercomputers market.

The Asia-Pacific region is expected to witness significant growth in the field of supercomputing owing to the increased technological innovation in major APAC economies. China has emerged as a global supercomputing powerhouse, with a substantial number of the world's most powerful supercomputers located in the country.

Additionally, India's National Supercomputing Mission (NSM) is playing a pivotal role in driving the growth of the supercomputer market by significantly enhancing the country's computing power and infrastructure. Under NSM, India has successfully installed 24.83 petaflops (PF) of High-Performance Computing (HPC) machines across the nation, surpassing the initial goal of 15-20 PF. These factors play a critical role in driving the supercomputer market growth.

Product Offerings:

  • IBM Watson: IBM Watson is an AI-powered supercomputer renowned for its advanced "question-answering" abilities. It achieves this through Natural Language Processing (NLP), comprehending human language in written and spoken forms. Watson taps into a vast knowledge base, including structured and unstructured data, and deploys machine learning to continually enhance its performance. It excels in deep analytics, identifying patterns and trends beyond keyword matching. Watson can be tailored for specific domains, supports open integration, and fosters human-AI collaboration across diverse sectors.
  • The supercomputer Fugaku: Fugaku, a supercomputer developed through a collaborative effort between RIKEN and Fujitsu over seven years, reached its completion milestone on March 9, 2021. This cutting-edge system marked a significant achievement in high-performance computing. Simultaneously, it was made accessible for shared use, opening doors for researchers and users across academia and industry. Fugaku's remarkable processing power and capabilities promise to drive innovation and scientific breakthroughs across diverse fields.

Market Developments:

  • In July 2023, Abu Dhabi-based AI and cloud computing company G42, in collaboration with US-based AI firm Cerebras Systems introduced the "world's largest supercomputer" called Condor Galaxy. This network of nine interconnected supercomputers aims to accelerate AI model training and address challenges in healthcare, energy, and climate action. The goal is to create a 36-exaflop distributed AI supercomputer, significantly advancing research and applications across industries, particularly in solving complex problems such as drug development, resource exploration, and weather forecasting.
  • In March 2023, NVIDIA launched DGX Cloud, an AI supercomputing service that grants enterprises access to infrastructure and software for training advanced AI models. This service combines NVIDIA DGX AI supercomputing with NVIDIA AI software, enabling companies to utilize their AI supercomputer through a web browser without dealing with on-premises infrastructure complexities. Notable companies like Amgen, CCC Intelligent Solutions, and ServiceNow have already adopted DGX Cloud for various AI applications.
  • In May 2023, The NVIDIA DGXTM supercomputer, which is powered by NVIDIA® GH200 Grace Hopper Superchips and the NVIDIA NVLink® Switch System, is the first of its kind in the large-memory AI supercomputer class was launched. It was developed to facilitate the creation of massive, next-generation models for workloads related to recommender systems, data analytics, and generative AI language applications.
  • May 2023: Lenovo collaborated with the Leibniz Supercomputing Centre (LRZ) to develop Europe's inaugural High-Performance Computer (HPC) prototype in an innovation partnership. Lenovo, along with another technology company, created prototypes optimized for diverse scientific needs at LRZ. The project was supported by funding of 125 million euros from the Federal Ministry of Education and Research and the State of Bavaria aiming to become an exascale center for Supercomputing.

Supercomputers Market Scope:

 

Report Metric Details
Market Size Value in 2022 US$7.256 billion
Market Size Value in 2029 US$13.273 billion
Growth Rate CAGR of 9.01% from 2022 to 2029
Study Period
2019 to 2029
Historical Data
2019 to 2022
Base Year 2023
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Billion
Segments Covered
  • Type
  • Component
  • Application
  • End User
  • Geography
Companies Covered
  • Hewlett Packard Enterprise
  • IBM
  • Fujitsu Limited (Furukawa Group)
  • Lenovo Group Limited
  • Dell Inc.
  • Cisco
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Segmentation:

  • By Type
    • General Purpose
    • Special Purpose
  • By Component
    • Hardware
    • Software
  • By Application
    • AI
    • Machine Learning
    • Data Analytics
    • Others
  • By End User
    • Automotive
    • Government
    • Manufacturing
    • Aerospace
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others 
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others 
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others 
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The supercomputers market is expected to reach a market size of US$13.273 billion by 2029.
Supercomputers Market was valued at US$7.256 billion in 2022.
The global supercomputers market is expected to grow at a CAGR of 9.01% over the forecast period.
Asia-Pacific is projected to dominate the supercomputers market owing to the increased technological innovation in major APAC economies.
The supercomputers market growth is anticipated to be primarily driven by the increasing demand for high-performance computing (HPC) across various sectors such as scientific research, healthcare, finance, weather forecasting, and more.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Russia-Ukraine War Impact Analysis

5. SUPERCOMPUTERS MARKET, BY TYPE

5.1. Introduction

5.2. General Purpose

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Special Purpose

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. SUPERCOMPUTERS MARKET, BY COMPONENT

6.1. Introduction

6.2. Hardware

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Software

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

7. SUPERCOMPUTERS MARKET, BY APPLICATION

7.1. Introduction

7.2. AI

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Machine Learning

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Data Analytics

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

7.5. Others

7.5.1. Market Trends and Opportunities

7.5.2. Growth Prospects

7.5.3. Geographic Lucrativeness

8. SUPERCOMPUTERS MARKET, BY END-USER

8.1. Introduction

8.2. Automotive

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.2.3. Geographic Lucrativeness

8.3. Government

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.3.3. Geographic Lucrativeness

8.4. Manufacturing

8.4.1. Market Trends and Opportunities

8.4.2. Growth Prospects

8.4.3. Geographic Lucrativeness

8.5. Aerospace

8.5.1. Market Trends and Opportunities

8.5.2. Growth Prospects

8.5.3. Geographic Lucrativeness

8.6. Others

8.6.1. Market Trends and Opportunities

8.6.2. Growth Prospects

8.6.3. Geographic Lucrativeness

9. SUPERCOMPUTERS   MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Type

9.2.2. By Component

9.2.3. By Application

9.2.4. By End-User

9.2.5. By Country

9.2.5.1. USA

9.2.5.1.1. Market Trends and Opportunities

9.2.5.1.2. Growth Prospects

9.2.5.2. Canada

9.2.5.2.1. Market Trends and Opportunities

9.2.5.2.2. Growth Prospects

9.2.5.3. Mexico

9.2.5.3.1. Market Trends and Opportunities

9.2.5.3.2. Growth Prospects

9.3. South America

9.3.1. By Type

9.3.2. By Component

9.3.3. By Application

9.3.4. By End-User

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.1.1. Market Trends and Opportunities

9.3.5.1.2. Growth Prospects

9.3.5.2. Argentina

9.3.5.2.1. Market Trends and Opportunities

9.3.5.2.2. Growth Prospects

9.3.5.3. Others

9.3.5.3.1. Market Trends and Opportunities

9.3.5.3.2. Growth Prospects

9.4. Europe

9.4.1. By Type

9.4.2. By Component

9.4.3. By Application

9.4.4. By End-User

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.1.1. Market Trends and Opportunities

9.4.5.1.2. Growth Prospects

9.4.5.2. Germany

9.4.5.2.1. Market Trends and Opportunities

9.4.5.2.2. Growth Prospects

9.4.5.3. France

9.4.5.3.1. Market Trends and Opportunities

9.4.5.3.2. Growth Prospects

9.4.5.4. Spain

9.4.5.4.1. Market Trends and Opportunities

9.4.5.4.2. Growth Prospects

9.4.5.5. Others

9.4.5.5.1. Market Trends and Opportunities

9.4.5.5.2. Growth Prospects

9.5. Middle East and Africa

9.5.1. By Type

9.5.2. By Component

9.5.3. By Application

9.5.4. By End-User

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.1.1. Market Trends and Opportunities

9.5.5.1.2. Growth Prospects

9.5.5.2. UAE

9.5.5.2.1. Market Trends and Opportunities

9.5.5.2.2. Growth Prospects

9.5.5.3. Israel

9.5.5.3.1. Market Trends and Opportunities

9.5.5.3.2. Growth Prospects

9.5.5.4. Others

9.5.5.4.1. Market Trends and Opportunities

9.5.5.4.2. Growth Prospects

9.6. Asia Pacific

9.6.1. By Type

9.6.2. By Component

9.6.3. By Application

9.6.4. By End-User

9.6.5. By Country

9.6.5.1. China

9.6.5.1.1. Market Trends and Opportunities

9.6.5.1.2. Growth Prospects

9.6.5.2. Japan

9.6.5.2.1. Market Trends and Opportunities

9.6.5.2.2. Growth Prospects

9.6.5.3. India

9.6.5.3.1. Market Trends and Opportunities

9.6.5.3.2. Growth Prospects

9.6.5.4. South Korea

9.6.5.4.1. Market Trends and Opportunities

9.6.5.4.2. Growth Prospects

9.6.5.5. Taiwan

9.6.5.5.1. Market Trends and Opportunities

9.6.5.5.2. Growth Prospects

9.6.5.6. Thailand

9.6.5.6.1. Market Trends and Opportunities

9.6.5.6.2. Growth Prospects

9.6.5.7. Indonesia

9.6.5.7.1. Market Trends and Opportunities

9.6.5.7.2. Growth Prospects

9.6.5.8. Others

9.6.5.8.1. Market Trends and Opportunities

9.6.5.8.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Hewlett Packard Enterprise

11.2. IBM

11.3. Fujitsu Limited (Furukawa Group)

11.4. Lenovo Group Limited

11.5. Dell Inc.

11.6. Cisco


Hewlett Packard Enterprise

IBM

Fujitsu Limited (Furukawa Group)

Lenovo Group Limited

Dell Inc.

Cisco