Supercomputing As A Service Market expected to reach USD 16.23 Billion in 2032, Segments Analysis by Top Key Players :IBM, HP, Cray, NUDT, Fujitsu, SGI, Dell, Bull, PEZY/Exascaler, Hitachi/Fujitsu, Dawning Information Industry, HuaWei, Inspur, Lenovo

The global supercomputer market size is expected to reach USD 16.23 Billion in 2032, and register a revenue CAGR of 11.3% during the forecast period. High end-use in detection of virus antibodies and rising investments in Research and Development (R&D) of supercomputers are factors expected to drive global supercomputer market revenue growth. An increase in demand for higher processing power and increased adoption of supercomputing system by the commercial sector is expected to drive market revenue growth. Advancements in technology and growing trend of cloud technology are also factors rising demand for supercomputers. In March 2020, National Science Foundation's (NSF) USD 3.2 million was allocated to the Exscalate4CoV (E4C) program in one of the worst-hit areas-Italy.

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Market Dynamics:
Driver: Increased application in detection of COVID-19 virus antibodies
The rising application of supercomputers in drug discovery and development as well as increasing adoption in biotechnology is expected to drive market revenue growth. Supercomputers are being increasingly used to develop drugs against the COVID-19. Supercomputers are used to scan a vast data volume within a few milliseconds to analyze the coronavirus's makeup and see whether any molecules in existing drugs could combat the virus. For instance, in 2020, Sanzio and his Cineca team collaborated with 17 other partners and 27 affiliated members throughout Europe as part of the European Union-funded EXSCALATE4CoV project. The initiative brings together four supercomputer platforms in Italy, Germany, and Spain, as well as Europe's premier academic institutions and pharmaceutical companies, to investigate the best treatments for coronavirus. Research was conducted in a couple of months due to high-performance computing power of supercomputers and pooled resources of the project members. By the middle of 2020, the consortium's supercomputers had already evaluated interaction of the coronavirus with 400,000 pharmaceutical molecules to see which one could neutralize the virus and prevent it from multiplying. Moreover, in November 2020, the two Italian supercomputers - Cineca's Marconi-100 and ENI's HPC5 - embarked on their most difficult task to date. They analyzed over 71 billion pharmaceutical compounds in only 60 hours. This equates to 5 million simulations every second. Rising usage of supercomputers in drug discovery is expected to drive the market revenue growth over the forecast period.

Restraint: High cost and large space for installation
The high cost of installation is a major factor hampering market revenue growth. Supercomputers are 10x time costlier than normal computers and have a high maintenance cost as a specialist team must be assigned to monitor and administer a supercomputer and a particular program is used, which can identify problems as well as general utilization of the machine. Along with high cost, it comes with disadvantages such as physical size, maintenance, power consumption, and heat release.

The Global Supercomputing As A Service Market Size is Projected to Reach a CAGR of 39% during 2022-2029.

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Major Market Players Profiled in the Report include:

IBM, HP, Cray, NUDT, Fujitsu, SGI, Dell, Bull, PEZY/Exascaler, Hitachi/Fujitsu, Dawning Information Industry, HuaWei, Inspur, Lenovo

Application Insights:
Based on application, the global supercomputer market is segmented into biology area, military and defense mission, weather forecasting and climate patterns, scientific research, advanced database, and others (smog control system, simulated environment in automobile, financial marketplace, and airline industry).

The biology area segment accounted for the largest revenue share in 2021. Supercomputers run millions of coding simultaneously to identify ideal combinations of drugs for a particular disease. Ranked number 1 and used extensively is IBM's Summit. This supercomputer is being used to analyze the COVID-19, to find combination of drugs that can kill the virus. Supercomputers are also being used to develop effective drugs against cancer and other chronic diseases.

The weather forecasting and climate patterns segment is expected to register a steady revenue growth rate during the forecast period. There is a high rate of adoption of supercomputers in the weather forecasting industry. Supercomputers are used to deliver accurate severe weather alerts and aid in mitigation of the effects of increasingly severe storms, floods, and snowfall, which is expected to drive revenue growth of the segment.

Supercomputing As A Service Market Segmentation by Type:

Type I, Type II.

Supercomputing As A Service Market Segmentation by Application:

Life Sciences, Bio-pharma, Aerospace, Government, Banking, Other

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REGIONAL ANALYSIS

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi peninsula, UAE), Egypt, Nigeria, and South Korea)
Key Questions Answered through the Report

(1) How will the global Supercomputing As A Service market perform during the forecast period? What will be the market size in terms of value and volume?

(2) Which segment will drive the global Supercomputing As A Service market? Which regional market will show extensive growth in the future? What are the reasons?

(3) How will the Supercomputing As A Service market dynamics change because of the impact of future market opportunities, restraints, and drivers?

(4) What are the key strategies adopted by players to sustain themselves in the global Supercomputing As A Service market?

(5) How will these strategies influence the Supercomputing As A Service market growth and competition?

Key Insights That Study Is Going to Provide:

The 360-degree Supercomputing As A Service Market overview is based on a global and regional level
Market Share & Sales Revenue by Key Players & Emerging Regional Players
Competitors - In this section, various Supercomputing As A Service industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
A separate chapter on Supercomputing As A Service Market Entropy to gain insights on Leader's aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
Patent Analysis No of patents / Trademarks filed in recent years.
Table of Content:

Chapter 1: Introduction, market driving force product Objective of Study, and Research Scope Supercomputing As A Service Market

Chapter 2: Exclusive Summary - the basic information of the Supercomputing As A Service Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of Supercomputing As A Service

Chapter 4: Presenting Supercomputing As A Service Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying 2015-2020 by Type, End-User, and Region

Chapter 6: Evaluating the top manufacturers in the Supercomputing As A Service Market, including their Competitive Landscape, Peer Group Analysis, BCG Matrix, and Company Profile.

Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source

Conclusion: At the end of the Supercomputing As A Service Market report, all the findings and estimations are given. It also includes major drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.

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