Results have surpassed Gartner's forecast of 7.1% growth.
The global high performance computing (HPC) technical server market has reported a 7.7% growth in revenues during 2012 to $11.1bn compared to $10.3bn generated in 2011, according a new report from IDC.
IDC's latest Worldwide High-Performance Technical Server QView report reveals that IBM topped the list with 32.0% market share followed by HP with 30.8% share, while Dell occupied third place by capturing 13.5% of global technical server revenue.
During the year, unit shipments, however, dropped 6.8% over rise in average-selling prices which the analysts said reflects the continued transformation towards large system sales.
The high-end supercomputers segment topped the list of HPC systems and reported a 29.3% rise in revenues to $5.6bn over 2011.
According to the report, the supercomputing segment captured 50.9% of total technical server revenue for 2012, which was led by Fujitsu, IBM, HP, and Cray.
IDC Technical Computing vice president Earl Joseph said HPC technical servers, especially Supercomputers, have been closely linked not only to scientific advances but also to industrial innovation and economic competitiveness.
"For this reason, nations and regions across the world are increasing their investments in supercomputing even in today's challenging economic conditions," Joseph said.
The Divisional segment reported 2.2% drop to $1.2bn over 2011, while capturing 10.9% of the total revenue for 2012.
During the year, the Departmental segment generated $3bn revenue, accounting for 27% of all technical server revenue, more than the cumulative 2012 totals for the Divisional and Workgroup segments.
The Workgroup Segment reported 1.2% gain in 2012 to $1.24bn, over the 2011 revenue, while still far from $2.5bn generated during 2008.