Exascale Computing Market by Component (solutions (servers, storage, networking devices, and software) and services), Industry (oil & energy, branding, adverstising, finance, personalized content delivery), Appplication (aerospace, airframes, jet turbines, astrophysics, biological & medical systems, climate and weather, materil sciece, fusion energy, other) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America), Global Forecast 2018 to 2028

Firms accelerating the development of new products arising from modelling and simulation and boost to continuous international leadership is driving the global exasacle computing market.

The global market for the Exascale Computing is anticipated to develop at a compound annual growth rate (CAGR) of 6.3% throughout the course of the forecast, to reach USD 50.3 Billion by 2028.

Covid-19 Impact & Market Status

According to latest studies the global exascale computing market is lilely to get impacted by covid-19 pandemic only in near term. Experts say, the global exascale computing market will see two-fold growth in forecast years despite the pandemic impact.

With many players across the value chain, the market is fragmented. The market's consolidation of sensor makers, system integrators, and distributors is a significant trend expected to drive the market's growth. Over the previous few decades, substantial mergers and acquisitions have resulted in massive industrial conglomerates and holdings. New tactics are being taken through technological and marketing synergy within diverse business models to attain critical mass. Furthermore, to fulfill the expanding demand, many firms and startups in the smart lighting market are anticipated to boost rivalry among sensor makers

This report gives a comprehensive overview of the global exascale computing market focusing on the key developments taken place in the global exascale computing market, trends observed in global exascale computing market in past two years. Furthermore, the market forces impacting the growth of global exascale computing market, challenges, investment opportunities, market size forecasts, and current market size facts and figures are presented in the report.

Solutions Segment Accounted For Highest Market Share

The global exascale computing market is classified into Solutions (Servers, cold Storage, Home Networking Devices, and Software) and Services) on the basis of component. Among these, the solutions segment accounted for highest market share and is expected to gather considerable revenue in the forecast years 2021-2028.

Oil & Energy Industry Gathered Highest Revenue

The global exascale computing market is classified into oil & energy, branding, advertising, finance, personalized content delivery network, and other on the basis of Industry. Among these, the oil & energy industry gathered highest revenue and is expcted to grow at a fastest CAGR in the forecast years 2021-2028.

Biologoical And Medical Systems Segment Witnessed Rapid Progress

The global exascale computing market is classified into aerospace, airframes, jet turbines, astrophysics, biological & medical systems, climate and weather, materil sciece, fusion energy, other on the basis of Appplication. Among these, the biologoical and medical systems segment witnessed rapid progress in the global exascale computing market owing to factors such as its ability to solve complex problems in biological amd medical science and governments investing heavily to transition medical science.

North America Has The Highest CAGR Over The Forecast Period

The United States (US) currently has the largest share of the global exascale computing market, owing to significant progress in tech companies, well-established firms focusing on exascale computing research and development, and end-user sectors that are constantly adapting to emerging technologies for enhanced company productivity and job efficiency.

The growing need for deplpoying accurate predictive models to address growing number of problems where experimnts are impossible or dangerous is improving the reliance on exascel computing further the development of global exascale computing market.

Owing to benefits such as capability to perform large scake simulations, national security, scientific discovery, economic security, energy security, efficient solutions in healthcare, excascle computing is experiencing rapid adoption as opposed to traditional computational technologies thus fostering remarkable progress in global exascale computing market.

Exascale computing market is being driven by a small number of corporations and government agencies requiring heavy number crunching for highly technical challenges. The majority of the early submissions came from large enterprises and government-funded programs. The exascale computing industry, suitable for applications that demand high-performance data processing, supports many apps, including high-frequency trading, autonomous cars, genomics-based customized healthcare, computer-aided design, and machine learning.

Bioscience, finance, and electrical design automation are all crucial verticals. Exascale is becoming more accessible to smaller consumers thanks to AI technologies. HPC at the exascale level will be critical for autonomous car data analysis.

Exascale computing is expected to become increasingly mainstream as computer prices fall and more flexible deployment options become available. The Exascale Computing Market is expected to proliferate when cloud-based solutions are adopted to enable HPC as a Service, according to this study (HPCaaS). Small and medium-sized organizations will gain substantially from the HPCaaS model since they will use exascale-level computing on a project-by-project basis. For specific consumer-oriented applications and services, exascale-level HPC will be critical.

However, many SMEs' potential users are unaware of the benefits of Exascale Computing and lack the financial resources to put up such systems. Because of the high investment costs, many SMEs in underdeveloped countries are still hesitant to embrace HPC. Many of them are ignorant of the numerous benefits of HPC, such as improved performance and customized delivery. These businesses also lack the technical know-how required to set up and maintain an exascale system. Cloud computing can increase exascale computing adoption among SMEs by significantly lower prices. These factors are hampering the global exascale computing market.

Furthermore, data centre trends, development of more powerful systems, businesses and government enetities investing in exascale computing for crunching complicated problems like climate research modelcular modelling, and other fields is anticipated to be growth opportunity to the global exascale computing market.

.The major players in global exascale computing market are Dassault Systems, AWS, Sugon, Cisco, Atos, Fujitsu., Lenovo, Dell, IBM, HPE, Intel, and AMD among others.

Latest Innovations In Global Exascale Computing Market:

• AMD on March 20, 2022, announced the availability of the AMD Instinct ecosystem with expanded system along with Exascale-Class Technology For HPC And AI Applications support from partners including Supermicro, Lenovo, HPE, Gigabyte,    Dell Technologies, and ASUS among others.

Exascale Computing Market Scope

Component Overview (USD Billion)

• Solutions
  • Servers
  • Storage
  • Networking Devices
  • Software
• Services

Industry Overview, (USD Billion)

• oil & energy
• Branding
• Adverstising
• Finance
• Personalized content delivery

Appplication Overview, (USD Billion)

• Aerospace
• Airframes
• Jet turbines
• Astrophysics
• Biological & medical systems
• Climate and weather
• Materil science
• Fusion energy
• Other

Regional Overview, (USD Billion)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

Middle East and South Africa