Report Code: A10427 | Nov 2023 | Pages: NA | ||
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Request Now !The global super computer market size is experiencing significant growth and is expected to grow considerably in the next few years. A super computer is a computer with a high level of performance compared to a traditional computer. The performance of a super computer is usually measured in floating-point operations per second instead of million instructions per second. The purpose of a super computer is greatly calculation-intensive operations with the problem of weather research, forecasting, and other scientific calculation.
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Surge in demand for higher processing power is a major driver of the super computer market growth. Increased adoption of supercomputing system by the commercial sector is another factor driving the market. Moreover, advancement in technology and the growing trend of cloud technology are also encouraging the market growth. The growing use of cloud technology is one of the significant super computer market trends. With the growing workload, supercomputing centers are adopting cloud and parallel applications are being run by the cloud as they do not require particular architecture. With increasing sophisticated applications in the future, the demand for cloud is expected to consequently grow. Numerous giant companies are shifting toward partnership and collaboration to provide enormous growth potential.
Development of highly sophisticated models that deal with complex environmental, physics, and chemistry issues require higher computing resources to solve the problems associated with them. The development of such models is required to solve problems and innovate products & solutions that make lives easier. Supercomputing is the fastest way to resolve problems that would otherwise require years. The need for higher processing power rises as the problems get complicated. Therefore, countries across the globe are engaging in promoting the use of super computers. China is leading with the most number of super computers trailed by the U.S. as these countries are heavy invested in R&D and innovations.
Supercomputing centers are progressively using the cloud to manage workloads. Parallel applications that do not require very specific architecture are being run using the cloud. However, more sophisticated applications are likely to be run on the cloud as time progresses. For instance, Cray struck a partnership with Microsoft. The partnership permits Cray to access Microsoft's Azure customer base, with the potential to deliver better growth for the company. Cray is offering dedicated CS-Storm and Cray XC super computers inside the Azure platform as a part of the partnership. This permits customers to run their HPC and AI applications alongside their other cloud workloads. The financial, automotive services, and life sciences sectors are anticipated to witness increased interest in using cloud services for super computers. Therefore, the rising use of the cloud is a key trend, which is expected to boost super computer industry growth over the forecast period.
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Super Computer Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Company2, Company5, Company6, Company4, Company10, Company1, Company7, Company8, Company9, Company3 |
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