Supercomputers Market Trends

Statistics for the 2023 & 2024 Supercomputers market trends, created by Mordor Intelligence™ Industry Reports. Supercomputers trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Supercomputers Industry

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. Thus, 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 is driving the supercomputers market.
  • The market is further driven by many vendors' emphasis on more processing power for various end-user sectors. For instance, IIT Gandhinagar introduced Param Ananta in May 2022, which had additional space for research projects in multiple disciplines, including machine learning, data science, computational fluid dynamics, bioengineering, and more.
  • The BFSI industry is partnering with many vendors for automation implementation and spending on research projects, fueling the supercomputer market's expansion. For instance, in January 2022, the Ministry of Innovation and Technology (ITM) and OTP Bank collaborated to build the first module of an AI supercomputer. The module was built in a unique Hungarian language model and will be able to manage phone banking operations in their region.
  • Additionally, the first partition of "EXA1," a supercomputer built using Atos' BullSequana XH2000 architecture and featuring increased processing power for military and defense applications, was announced in November 2021 Atos and the CEA's Military Applications Division (CEA/DAM). It is the most extensive supercomputing system based on installed general-purpose CPUs, with 12,960 AMD processors. It uses 4.96 MW of power and has a computational capacity of 23.2 petaflops.
  • The US Department of Defense is funding research in the military and defense fields. Significant work on supercomputers has also been performed, especially in support of a shared urgent operational requirement from the US Transportation Command. The project looks at ways to dramatically reduce the risk associated with airlifting COVID-19 passengers while utilizing the air force for aircrews and medical personnel.
  • Governments worldwide recognize that supercomputers are necessary for achieving economic security and competitiveness for their respective countries. They are using supercomputers to develop state-of-the-art electronic warfare equipment and defense systems.
Supercomputers Market: Leading Supercomputer Vendor Systems Share, In %, June 2021 - June 2022

Asia-Pacific to Register a Significant Growth Rate

Asia-Pacific has been rapidly growing in terms of technology. Countries like China and Japan are majorly responsible for the region's rapid growth of supercomputing systems.

  • Countries like China have well-developed supercomputing landscapes, with significant investments compared to other countries. According to Top500.org, as of June 2022, around 173 of the world's 500 most powerful supercomputers were located in China, three times more than its nearest competitor, the United States, accounting for an additional 128 supercomputers.
  • According to Xinhua news agency, researchers from China claimed to have built a quantum computer prototype capable of detecting up to 76 photons through Gaussian boson sampling. Chinese researchers compete against major US corporations, including Google, Amazon, and Microsoft Corporation, for a lead in the technology. Additionally, Xi Jinping's government claimed it is building a USD 10 billion National Laboratory for Quantum Information Sciences as part of a big push in the field.
  • Emerging nations like India play a significant role in the growth of the Asia-Pacific market. The National Supercomputing Mission in the country was introduced to raise USD 730 million in investment by 2023 to build a supercomputing grid, which will comprise 73 high-performance computing facilities. According to the Department of Science and Technology (DST), India was set to experience a boost in supercomputing capacities by launching four new supercomputers deployed in 2022 till date. Once deployed, the total number of supercomputers would grow to 19.
  • Japan is another major contributor to the Asia-Pacific supercomputer market, with around 33 of the world's 500 most powerful supercomputers, including the K computer. Japan's flagship program 2020 aimed to invest more than USD 1 billion to develop more efficient systems than the K computer in the country. In August 2022, Japan's Fugaku supercomputer was launched to discover new drugs and predict severe weather forecasts.
  • According to the report from French-Korean Conference, South Korea plans to build one of the five fastest exascale supercomputers by 2030, potentially with local chips. Such processing capabilities trends further encourage supercomputing growth in the Asia-Pacific region.
Supercomputers Market - Growth Rate By Region (2022-2027)

Supercomputers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)