Middle East & Africa Supercomputer Market Size & Outlook
The supercomputer market in Middle East & Africa is expected to reach a projected revenue of US$ 899.3 million by 2030. A compound annual growth rate of 9.6% is expected of Middle East & Africa supercomputer market from 2024 to 2030.
Revenue, 2023 (US$M)
$474.5
Forecast, 2030 (US$M)
$899.3
CAGR, 2024 - 2030
9.6%
Report Coverage
Middle East & Africa
Middle East & Africa supercomputer market, 2018-2030 (US$M)
MEA supercomputer market highlights
- The MEA supercomputer market generated a revenue of USD 474.5 million in 2023.
- The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, vector processing machines was the largest revenue generating type in 2023.
- Vector Processing Machines is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 474.5 million |
| Market revenue in 2030 | USD 899.3 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Vector processing machines |
| Fastest growing segment | Vector Processing Machines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vector Processing Machines |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.2% of the global supercomputer market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,431.7 million by 2030.
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Supercomputer Market Scope
Supercomputer market segmentation & scope
Application
Scientific Research
Weather Forecasting
Defense
Simulations
Others (Hospitals, Laboratories)
End Use
Commercial Industries
Government Entities
Research Institutions
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
UK
Sweden
Spain
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Supercomputer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa supercomputer market
Related regional statistics
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