High Performance Data Analytics Market – Overview:
Global High Performance Data Analytics is growing rapidly and the main factor which is supporting the market is increasing application areas and wide adaptability. Growing interest of government, industrial sectors and academics towards HPDA is helping the market to grow. In the year 2015, the global market size of high performance data analysis has been valued at US $25.2 billion. Growing demand for big data analytics and market of data interpretation is expected to drive the market to US $82 billion by the end of forecast period.
High Performance Data Analytics is a technology to provide solutions to data analytics services such as graph modeling and visualization, streaming analytics, exploratory data analysis and emerging architecture analysis among others. Also it is high demand by businesses which needs to take fast decision to gain competitive advantages.
The major factor that drives the growth of high performance data analytics (HPDA) market is increasing data explosion in enterprises, growing market of big data analytics and rising advanced and analytical method & tools among others.
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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
High Perforce Data Analytics has already contributed immensely for the better development in the areas such as innovation, security, industrial and economic competitiveness and the quality of human life and as the explosion of data is increasing and demand for big data analytics is growing, it is fueling the growth of high performance data analytics market. The features such as running data-intensive M&S problems at very large scale with the higher resolution in helping in wide adoptability of HPDA in sectors such as defense, government agencies and among others.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Players for High Performance Data Analytics (HPDA) Market:
Some of the major players in global high performance data analytics (HPDA) Market include 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.
Globally the market for High Performance Data Analytics Market is expected to grow at the rate of more than 18% from 2016 to 2022.
Regional Analysis of High Performance Data Analytics (HPDA) Market:
North-America is dominating the global high performance data analytics (HPDA) market with the largest market share due to high demand of HPDA by large enterprises and therefore is expected to grow with highest revenue by 2022. Europe is expected to be the second largest market for high performance data analytics (HPDA) followed by Asia-Pacific region during forecast period.
Segments for High Performance Data Analytics (HPDA) Market:
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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