The global High Performance Data Analytics (HPDA) market demand is growing due to the increasing data explosion in enterprises, growing market of big data analytics and rising advanced and analytical method & tools among others. According to a recent study report published by the Market Research Future, The global market of High Performance Data Analytics (HPDA) is expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2018-2023.
June 2018 – Data Direct Networks (DDN) acquired Intel’s Lustre File System business and related assets for undisclosed terms. This acquisition reinforces DDN’s presence as the global market leader for data at scale, while providing Lustre customers with enhanced field support and a well-funded technology roadmap. The acquisition also enables DDN to expand Lustre’s leading position from high performance computing (HPC) and Exascale into high growth markets such as analytics, AI and hybrid cloud.
January, 2018 – Circonus, Inc., a creators of the IRONdb time-series database and Circonus real-time monitoring and analytics platform, announced that the Circonus Analytics Query Language (CAQL) to optimize performance of on demand analysis and is able to fulfil a variety of critical queries much faster.
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Major Key Players
Cisco system, Inc. (U.S.),
Red hat, Inc. (U.S.),
IBM Corporation (U.S.),
Hewlett-Packard Enterprise (U.S.),
Oracle Corporation (U.S.),
Microsoft Corporation (U.S.),
Cray Inc. (U.S.),
Intel Corporation (U.S.), Juniper Networks (U.S.), and ATOS SE (France) among others.
According to MRFR, Globally the market for High Performance Data Analytics Market is expected to grow at the rate of more than 18% from 2016 to 2022.
The market of High Performance Data Analytics (HPDA) appears to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
North America is dominating the global High-Performance Data Analytics (HPDA) market with the largest market share owing to presence of major players such as Cisco system, Inc., IBM Corporation, and Microsoft Corporation among others, in the region. European market is expected to grow at a substantial high CAGR due to rising adoption of advanced and analytical method & tools in large enterprises. The Asia Pacific market for High Performance Data Analytics is expected to grow at a considerable CAGR during forecast period 2018-2023
Global High performance data analytics (HPDA) Market can be segmented as follows:
Segmentation by Component: Hardware and software.
Segmentation by Technologies: Structured, semi-structured and unstructured.
Segmentation by Application: manufacturing, financial, telecommunications, healthcare, retailers and energy among others.
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- Software vendors
- Software developers
- System integrators
- Research & consultants
- IT and Cloud service providers
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