PUBLISHER: The Business Research Company | PRODUCT CODE: 1458601
PUBLISHER: The Business Research Company | PRODUCT CODE: 1458601
An artificial intelligence (AI) supercomputer is a high-performance computing system that leverages ultrafast processors comprising hundreds of thousands of powerful machines to manage and interpret vast quantities of data for AI applications. These systems are designed to execute complex calculations, process massive amounts of data, and run AI algorithms at an unprecedented speed.
The primary components of AI supercomputers include processors (or computers), storage, memory, and interconnects. Processors, such as central processing units (CPUs) or microprocessors, function as the core processing units of the computer system. These supercomputers are deployed in various settings, including cloud and on-premises environments, and find applications in government, academia and research, commercial sectors, generative artificial intelligence, computer vision, drug discovery, and other domains.
The artificial intelligence (AI) supercomputer market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence (AI) supercomputer market statistics, including artificial intelligence (AI) supercomputer industry global market size, regional shares, competitors with an artificial intelligence (AI) supercomputer market share, detailed artificial intelligence (AI) supercomputer market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) supercomputer industry. This artificial intelligence (AI) supercomputer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence (AI) supercomputer market size has grown exponentially in recent years. It will grow from $1.63 billion in 2023 to $1.98 billion in 2024 at a compound annual growth rate (CAGR) of 21.6%. The growth observed in the historical period can be attributed to several factors, including the increased adoption of AI across various industries, the rise of autonomous vehicles and robotics, the increasing prevalence of cloud computing and edge computing, government initiatives supporting AI development, and the growing significance of big data.
The artificial intelligence (AI) supercomputer market size is expected to see exponential growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 20.9%. The anticipated growth in the forecast period can be attributed to continued advancements in AI algorithms and models, the rise of quantum computing, the rapid expansion of data centers, the growing integration of edge computing and IoT, and global investments in AI infrastructure. Notable trends expected in the forecast period encompass the adoption of AI-powered predictive analytics, cross-platform integration, the expansion of IoT ecosystems and data monetization, increased demand for hybrid and multi-cloud deployments, and the development of vertical-specific analytics solutions.
The swift uptake of artificial intelligence (AI) applications across diverse industries is poised to drive the expansion of the artificial intelligence (AI) supercomputer market in the foreseeable future. AI applications encompass a spectrum of uses where AI technologies execute tasks typically requiring human intelligence. Companies are increasingly integrating AI to maintain competitive edges and deliver innovative solutions to their clientele. AI algorithms play a pivotal role in optimizing supercomputing operations by dynamically adjusting parameters such as resource allocation, power management, and scheduling based on workload and system conditions, thereby amplifying efficiency and performance. For instance, a report by Stepsize AI projected widespread AI adoption, with 70% of software teams expected to incorporate AI into their workflows. Additionally, among businesses, 55% have already embraced AI, with an additional 15% planning to adopt AI by 2024. Hence, the accelerated adoption of AI applications serves as a key driver propelling the growth of the AI supercomputer market.
Leading enterprises within the artificial intelligence (AI) supercomputer domain are spearheading innovation by developing products such as cloud AI supercomputers to deliver dependable services to their clientele. These supercomputers entail a network of high-performance computing systems interconnected to collaborate on processing tasks. For example, in July 2023, Cerebras Systems partnered with G42 to unveil Condor Galaxy, a cloud AI supercomputer. A distinguishing feature of Condor Galaxy lies in its network of nine interconnected supercomputers, presenting a novel approach to AI compute. This innovative setup holds the promise of substantially reducing AI model training time. Condor Galaxy empowers users to harness the capabilities of an AI supercomputer without the complexities associated with managing or distributing models across physical systems.
In October 2023, Advanced Micro Devices Inc., a leading semiconductor company headquartered in the US, completed the acquisition of Nod.ai for an undisclosed sum. This strategic move has enabled AMD to gain access to a team of renowned software experts known for their impactful work in open-source AI compiler software development. By integrating Nod.ai's compiler-based automation software into its portfolio, AMD aims to accelerate the deployment of AI models optimized specifically for a wide range of AMD products. Nod.ai, a US-based provider of AI supercomputers, aligns well with AMD's commitment to advancing cutting-edge technologies and bolstering its position in the semiconductor market.
Major companies operating in the artificial intelligence (ai) supercomputer market report are Google LLC, Meta Platforms Inc., Dell Technologies Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., Amazon Web Services Inc., Intel Corporation, IBM Corporation, Samsung Electronics Co. Ltd., Oracle Corporation, Fujitsu Limited, Micron Technology Inc., Hewlett Packard Enterprise, Nvidia Corporation, Advanced Micro Devices Inc., MediaTek Inc., Arm Ltd., Kneron Inc., Silicon Graphics International, Cerebras Systems Inc., SambaNova Systems Inc., Kalray SA, PEZY Computing, Graphcore Inc., Groq Inc.
Asia-Pacific was the largest region in the artificial intelligence (AI) supercomputers market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (ai) supercomputer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the artificial intelligence (ai) supercomputer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The artificial intelligence (AI) supercomputer market consists of sales of quantum-enabled AI supercomputers, neuromorphic computing systems and high-performance computing (HPC) clusters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Artificial Intelligence (AI) Supercomputer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on artificial intelligence (AI) supercomputer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for artificial intelligence (AI) supercomputer? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial intelligence (AI) supercomputer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.