Supercomputer Market to be Driven by the Development of Smart Cities Through 2021, Says Technavio
According to the latest market study released by Technavio,
the global
supercomputer market is expected to reach USD 4.95 billion by
2021, growing at a CAGR of 7%.
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Technavio has published a new report on the global supercomputer market from 2017-2021. (Graphic: Business Wire)
This research report titled ‘Global
Supercomputer Market 2017-2021’ provides an in-depth analysis of
the market in terms of revenue and emerging market trends. To calculate
the market size, Technavio considers the installation and sale of
supercomputer systems from end-users like government entities, research
institution, and commercial industries.
Supercomputers are being rapidly adopted by research and academic
institutions, as well as a number of industries such as energy,
oil
and gas, manufacturing, and others to help improve
product offerings in terms of reliability and robustness. Many vendors
are also aiming to offer converged, high-performance technology
solutions. This trend, which is growing significantly, will drive the
market growth during the forecast period.
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Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.
Technavio’s hardware
and semiconductor analysts categorize the global
supercomputer market into three major segments by end users. They are:
-
Commercial industries
-
Research institutions
-
Government entities
Government entities
Governments worldwide are recognizing the need for supercomputers
due to the growing importance of economic competitiveness and security,
which are key concern areas for a nation. They are also using such
systems to develop advanced defense systems and electronic warfare
tools. 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.
According to Chetan Mohan, a lead embedded
systems research analyst from Technavio, “Three major
government entities that collaborated for this program were the
Department of Energy, the Department of Defense, and the National
Science Foundation. The program would accelerate R&D activities in
several fields across the government, industrial, and academic sectors.”
Research institutions
Research institutions, both government-aided and private, have been
using supercomputers for the longest period. 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. CERN, the European Organization for Nuclear Research,
operates the largest particle physics laboratory in the world and
undertakes extensive research in the field of particle physics such as
the recent creation of a black hole environment in the lab.
Also, leading universities use supercomputers to carry out research
projects in fields such as biotechnology and engineering. The data
processing in genetics involves thousands of factors which have to be
processed, in such a situation supercomputers are the best choice.
Commercial industries
The commercial industries segment is lagging behind government entities
and research institutions in terms of the adoption and use of
supercomputers. Initially, only large enterprises such as Tata Group
had resources to purchase supercomputing systems. The company had
installed its first supercomputer Eka in 2007. However, market players
brought these systems within reach of SMEs by developing mid-sized and
small supercomputers.
“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,” says
Chetan.
The top vendors highlighted by Technavio’s research analysts in this
report are:
-
Bull Atos
-
Cray
-
Dell
-
FUJITSU
-
HPE
-
IBM
-
Lenovo
-
NEC
-
SGI
-
Sugon
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
If you are interested in more information, please contact our media team
at [email protected].
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