DUBLIN–(BUSINESS WIRE)–The “Supercomputers Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” report has been added to ResearchAndMarkets.com’s offering.
The Supercomputers Market is expected to register a CAGR of about 9.49% during the forecast period 2022 – 2027. The increasing use of cloud technology is one of the significant supercomputer market trends.
With the growing workload, supercomputing centers are adopting the cloud, and the cloud is running parallel applications as they do not require particular architecture.
Key Highlights
- A modern supercomputer’s architecture is majorly configured with parallel processing, meaning that it splits the problems into pieces while working on several pieces at a time. Exascale computing is a significant trend that has heavily enabled worldwide investment in computing systems. The Exascale can provide at least one exaFLOPS (a quintillion) calculation per second.
- Supercomputers substantially contribute to the scientific progress of a country and national security. Many developed countries engage in intensified competition to develop the most sophisticated supercomputing systems and deploy them in their academic and government institutions. Governments are leveraging these computers capabilities to solve many frontier challenges, and the use of supercomputers has been widespread among all the branches of governments globally.
- Further, the need to stay competitive and develop the most sophisticated systems is fueling the growth among vendors for the market studied. In June 2021, Forschungszentrum Julich upgraded the modular supercomputer JURECA to enable capable of 23.5 quadrillion computations per second. The new cluster module JURECA DC is supplied by Atos and is based on the Sequana XH2000 series. It consists of 768 compute nodes, two AMD EPYC Rome CPUs with 64 cores, and 512 GB to 1 TB of main memory.
- However, hacking incidents globally are a valid concern for the development of supercomputers. For instance, in May 2020, multiple supercomputers across Europe were infected with cryptocurrency mining malware and have shut down to investigate intrusions. Security incidents have been reported in the United Kingdom, Germany, and Switzerland, while similar intrusion was reported in computing centers in Spain. Such incidents are forcing companies to focus on the security aspect of supercomputers.
- The demand for data centers, AI, and ML among enterprises, such as government and educational entities, is witnessing exponential growth due to the COVID-19 pandemic. This growth is positively impacting the demand for supercomputers. It is expected to maintain the same pace until the end of 2022, helping spread the impact and importance of supercomputers in various end-user industries. The increasing cyberattacks are another primary concern where supercomputing demand is expected to see increasing demand.
Key Market Trends
Increasing Demand for Higher Processing Power to Drive the Market Growth
Enterprises with vast amounts of data to manage and process are looking to analyze this data to aid decision-making. It is also desired by end-users to maintain a competitive advantage. So highly data-driven organizations are witnessing significant improvements in decision-making than those who rely less on data. This increasing demand for higher processing power for managing data and decision-making drives the studied market.
- Many vendors focus on higher processing power for various end-user industries, further driving the market. For instance, in April 2021, ZF launched the latest AI automotive supercomputer with higher processing power. The company’s next-generation ProAI system is currently the most flexible, scalable, and robust automotive-grade supercomputer globally.
- Also, in November 2021, Atos and the CEA’s Military Applications Division (CEA/DAM) announced the first partition of “EXA1”, a supercomputer developed based on Atos’ BullSequana XH2000 architecture which has higher processing power for military and defense applications. It has 12,960 AMD processors, making it the largest ever installed supercomputing system based on general-purpose CPUs worldwide. It has a computing power of 23.2 petaflops and a power consumption of 4.96 MegaWatts.
- The US Department of Defense researchers are investing in military and defense research. They have also completed significant work on supercomputers, primarily supporting a joint urgent operational request from the United States Transportation Command. The project examines methods to significantly mitigate the risk to aircrews and medical attendants’ potential airlift of COVID-19 passengers using the air force.
- Moreover, many vendors invest in research purposes and make partnerships in the BFSI sector to implement automation, which boosts the supercomputer market’s growth. For instance, in July 2020, the Royal Bank of Canada’s AI research arm Borealis AI partnered with Red Hat and Nvidia to develop an AI computing platform to improve the client banking experience.
- Further, many government bodies are investing in research works for high-end projects that drive the supercomputers market. For instance, in June 2021, The Ministry of Science and Technology (MOST) officially put its new supercomputer, the Taiwania 3, into service for academic and research projects related to COVID-19.
Competitive Landscape
The supercomputers market is consolidated due to a few major players holding a greater share of the market. Some of the key players include:
- Atos SE
- Intel Corporation
- Hewlett Packard Enterprise
- Dell EMC (Dell Technologies Inc.)
- Fujitsu Ltd
- IBM Corporation
- Lenovo Inc.
- NEC Technologies India Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/2jtk8m
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