NEW YORK, March 8, 2023 /PRNewswire/ -- The supercomputer market is projected to increase at a CAGR of 20.83% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests statistics about the market size that will grow by USD 17,555.45 million. The growing rate of adoption of supercomputing systems by commercial customers, growing usage of big data analytics, and rising demand from the government sector to handle concerns related to national security are projected as the key factors leading to the supercomputer market share growth.

For more such market analysis updates, historic (2017 to 2021), and forecast market size (2023 to 2027), request for the sample PDF report.

Key Market Driver, Trend, and Challenge

• The growing usage of big data analytics is considerably driving the supercomputer market growth.
• Technavio also suggests, various software issues affecting performance will emerge as a primary market trend for growth in the supercomputer market from 2022 to 2027.
• As an emerging market challenge, high ownership costs and greater power consumption leading to the increased total cost may slow down the market growth as per Technavio's report.

For more detailed segment analysis and geographical business distribution, historic (2017 to 2021), and forecast market size (2023 to 2027), get the exclusive sample report.

New Business Opportunities - Market Segments and Key Regions Analysis

As per Technavio's analysis, there are several market segments classified including Linux, UNIX, mixed, and Windows in the supercomputer market.

Among all these segments, the Linux segment is projected to record the highest market share growth during the forecast period. It was valued at USD 4,395.11 million in 2017 and continued to grow significantly by 2021.

Considering the geographical regions for market share growth, APAC is projected at top of the list. 52% of the total market share growth will be originated from APAC by 2027.

Technavio further suggests the market in APAC is majorly dominated by some technology-focused countries, such as China, Japan, and South Korea. Moreover, countries including India, Taiwan, Singapore, and a few other emerging nations in the region are growing significantly in this market during the forecast period - 2022 to 2027.

Avail subscription to get lifetime access to 17,000+ market reports and world-class market intelligence.

Key Market Vendors

There are a few key vendors operating in the market, mentioned in the report such as:

• Dell Technologies Inc.
• NVIDIA Corp.
• Ford Motor Co.
• Meta Platforms Inc.
• Hitachi Ltd.
• Intel Corp.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Lenovo Group Ltd.
• Microsoft Corp.

What`s New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions

Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the full report.

Major Data Covered in this Supercomputer Market Report

• Projected CAGR of the market during 2023-2027
• Detailed statistical information on the major market drivers of the supercomputer market during 2023-2027
• Market size analysis of the supercomputer market size and its association with the parent market
• Relevant predictions about upcoming market trends and detailed consumer behavior analysis
• Market share growth analysis across North America, APAC, Europe, South America, and the Middle East and Africa
• Detailed market's competitive landscape and key information about market vendors
• Comprehensive analysis of various market challenges

Related Reports

• The quantum computing market is projected to increase at a CAGR of 18.84% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests statistics about the market size that will grow by USD 9,013.68 million.
• The embedded computer market is projected to increase at a CAGR of 7.94% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests statistics about the market size that will grow by USD 19,715.81 million.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

SOURCE Technavio