According to Technavio’s latest market research study, the global supercomputer market is expected to grow at a CAGR of around 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global supercomputer market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user type
Source: Technavio
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The top three revenue contributing end-user segments are discussed below
Global supercomputer market for government entities: The adoption of supercomputers by government entities is fueled by growing importance of economic competitiveness and security, which are key focus areas for a nation. The global supercomputers market for government entities is expected to account for a revenue of almost USD 2 billion by 2021.
“The US government, to compete with China in terms of the fastest supercomputers, coordinated a federal strategy in 2015 for HPC research, development, and deployment. It established the National Strategic Computing Initiative to build the first exascale system, the fastest supercomputer in the world,” says Sunil Kumar Singh, a lead analyst at Technavio for research on embedded systems.
Global supercomputer market for research institutes: Research institutions, both government-aided and private, are early adopters of supercomputers. Space agencies have been using such systems to study and understand the complexities of the universe by creating simulated models based on complex calculations and assumptions. Furthermore, leading universities use supercomputers to carry out research projects in fields such as biotechnology and engineering.
Global supercomputer market for commercial industries: The demand for supercomputers from commercial industries is currently on the rise owing to the availability of more affordable, small and medium-sized supercomputers. Also, enterprises are also collaborating with government entities. For instance, companies in the US can make use of investments and expertise in supercomputers through programs operated by some of the nation’s NSF-funded universities and Department of Energy laboratories.
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Top vendors operating in the global supercomputer market are:
- Bull Atos
- Cray
- Dell
- FUJITSU
- HPE
- IBM
- Lenovo
- NEC
- Silicon Graphics International (SGI)
- Sugon Information Industry (Dawning)
A more detailed analysis is available in the Technavio report titled, ‘Global Supercomputer Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Healthcare Cloud Computing Market 2017-2021
- Global Computer Numerical Control Solutions Market 2017-2021
- Global In-memory Computing Market 2016-2020
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