Global Supercomputer market to be driven by the development of smart cities through 2021

Albany, New York, March 07, 2017: Market Research Hub’s announced “Global supercomputer market” to grow steadily at a CAGR of 7% by 2021. One of the primary drivers for the growth of this market is the rising demand for supercomputers from commercial customers. Businesses such as automotive makers, drug companies, aerospace manufacturers, oil companies, and even energy producers have increased the purchase of supercomputers in order to gain a competitive edge.

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Commercial customers use supercomputers to run engineering and advanced analytical models on commodity clusters. The exponential rise of data availability has resulted in commodity solutions hitting performance and capability limitations. To bridge this gap, businesses are looking at high scalability using tightly integrated supercomputers.

A supercomputer is defined as a system that is designed to solve problems or issues that require an extraordinary number of computations across fields such as engineering, science, and business. It is a computing device that is designed for speed rather than for cost-efficiency. The TOP500 List is the benchmark that is attributed to the best and the most high-performing systems in the world and commonly defines market dynamics. A study carried out by industry experts indicate that a number of company’s already using supercomputers and unwilling to give up the use of the systems was between the ranges of 95%-100%. Some of the applications of supercomputers include drug discovery and testing, data analytics in financial services, vehicle crash collision testing, scientific research in physics and chemistry, and weather forecasting.

Global Supercomputer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bull Atos
Silicon Graphics International (SGI)
Sugon Information Industry (Dawning)

Key questions answered in this report:
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?

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