New analysis by Global Industry Analysts shows strong growth for supercomputers, with market set to reach $14 billion worldwide by 2026

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Edition: 10; Brought out: February 2022
Executive Pool: 5534
Companies: 54 – Players covered include Atos SE; Cray, Inc.; Dawning Information Industry Co.,Ltd. (Sugon); DellEMC; Fujitsu Ltd.; Hewlett Packard Enterprise Development LP (HPE); IBM Corporation; Lenovo; NEC Corporation; Silicon Graphics International Corporation and others.
Cover: All major regions and key segments
Segments: End Use (Commodity Cluster, Government, Academic & Scientific Research, Commercial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and rest Europe); Asia Pacific (Australia; India; South Korea; and rest Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest Latin America); middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest middle East); and Africa.

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ABSTRACT-

Reach global supercomputer market $14 billion until the year 2026
A supercomputer is a computer with computing capabilities much greater than general purpose computers, including laptops and personal desktops. Supercomputers are ideal for computationally intensive operations such as weather forecasting, research, and other scientific calculations. Acceptance of these computers has increased significantly over the years in research and academic institutions, as well as in various industries such as manufacturing, oil and gas, and energy. Over the years, the cost of supercomputers has also decreased due to advances in technology. The devices are not as expensive as they used to be, expanding their application to newer sectors alongside weather forecasting and healthcare. Online gaming today makes extensive use of supercomputers. Online games are played by millions of people simultaneously, which is only possible thanks to supercomputers. The market growth is also supported by the growing trend towards cloud technology. Supercomputing centers today employ parallel and cloud applications. Governments in countries around the world offer appropriate encouragement for advances in supercomputing technology to solve the many pressing problems facing the world today. For example, the NSF (National Science Foundation) has provided 3 million euros for the E4C (Exscalate4CoV) program Italy. Powered by the supercomputing platform called Escalate, the program conducts large-scale pathogen research to identify drug molecules for the development of cellular and biochemical screening tests for COVID-19.

Amidst the COVID-19 crisis, the global supercomputer market is estimated at $7.6 billion in 2022 is expected to reach a revised size of $14 billion to 2026 and growing at a CAGR of 16.2% over the analysis period. The state, one of the segments analyzed in the report, is expected to reach a CAGR of 13.7% $6.4 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis it caused, the growth in the Academic & Scientific Research segment is adjusted to a revised annual growth rate of 16.8% for the next 7 years. This segment currently accounts for 30.2% of the global supercomputer market. The largest users of supercomputers are government agencies. Governments around the world are realizing that supercomputers are necessary to achieve economic security and competitiveness for their respective countries. They use supercomputers to develop state-of-the-art electronic warfare equipment and defense systems. Representing the next generation of supercomputers, exascale supercomputers seem poised to take the concept of high performance computing to the next level due to their fascinating application potential. These supercomputers are increasingly being used by researchers to simulate complex processes in diverse fields such as biotechnology, medicine, materials design, energy and advanced manufacturing.

The US market is estimated at $1.6 billion in 2022, while China is expected to reach $5.1 billion until 2026
The US supercomputer market is estimated at $1.6 billion in 2022. The country currently has a 21.16% share of the world market. Chinathe second largest economy in the world, is expected to reach an estimated market size of $5.1 billion in 2026 with a CAGR of 17.7% over the analysis period. Among the other notable geographic markets are Japan and Canada, forecasting growth of 13.5% and 14.3%, respectively, over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR while reaching the rest of the European market (as defined in the study). $5.9 billion until the end of the analysis period. China currently has most of these supercomputers in use The United States on second place. Recently, the nation has developed the Tianhe-2A, the PAI system, and Sunway Taihulight, among other supercomputers.

to reach commercial segment 4 billion dollars until 2026
The decrease in the cost of supercomputers due to technological advances is expected to increase adoption in the commercial sector. Small and medium-sized supercomputers are already being developed for use in SMEs. In the global trading segment United States of America, Canada, Japan, China and Europe will drive the 18.5% CAGR estimated for this segment. These regional markets together make up a market size of $1.2 billion will reach a projected size of $4.1 billion until the end of the analysis period. China will be among the fastest growing in this cluster of regional markets. Led by countries such as Australia, Indiaand South Koreathe market one Asia Pacific is forecast to achieve $173.9 million until the year 2026. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a leading market research publisher and the only influencer-led market research company in the world. GIA proudly serves more than 42,000 clients from 36 countries and has a reputation for accurately forecasting markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
E-mail: [email protected]

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