Press release
High Performance Data Analytics Market Forecast by 2018: Top Players like Cisco Systems, Inc., SAP SE, Red Hat, Inc Are Booming With CAGR of 25.3% According to forecast of 2024
High Performance Data Analytics Market – Industry Trends and Forecast to 2024
Global High Performance Data Analytics Market by Geography; Component (Hardware {Server, Storage}, Software, Services {Professional Services, Managed Services}); Data Type (Unstructured, Semi-Structured, Structured); Deployment Model (On-Premises, On-Demand); Vertical- Industry Trends and Forecast to 2024
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Market Definition:
High performance data analytics unites high performance computing with data analytics. With the help of this approach it becomes possible to examine large data sets and drawing conclusion about the information they hold in lesser time. It has its wide application in banking, financial services, and insurance, government and defense, manufacturing, academia and research, healthcare and life sciences, media and entertainment, energy and utility, retail and consumer goods, transportation and logistics, it and telecommunication, and others. Ability of powerful HPC systems to process data at higher resolutions and proliferation of open source frameworks (Hadoop) for big data analytics may act as the major driver in the growth of high performance data analytics market. On the other hand high investment costs may hamper the market.
Major Market Drivers & Restraints:
• Proliferation of open source frameworks (Hadoop) for big data analytics
• Ability of powerful HPC systems to process data at higher resolutions
• High investment costs
• Government rules and regulations
Market Segmentation:
On the basis of component: - Hardware, software, and services. The hardware segment is further sub segmented into server, and storage.
On the basis of data type:- High performance data analytics market is segmented into unstructured, semi-structured, and structured.
On the basis of deployment model:- on-premises, and on-demand.
On the basis of vertical:- Banking, financial services, and insurance, government and defense, manufacturing, academia and research, healthcare and life sciences, media and entertainment, energy and utility, retail and consumer goods, transportation and logistics, it and telecommunication, and others.
On the basis of geography:-
• North America,
• South America,
• Europe,
• Asia-Pacific and Middle East & Africa.
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Competitive Analysis:
The report for global high performance data analytics market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Major Market Competitors:
• Cisco Systems, Inc.,
• SAP SE,
• Red Hat, Inc. and Dell, Inc.
• Teradata and SAS Institute Inc.
• IBM Corporation,
• Hewlett Packard Enterprise Development LP,
• Oracle,
• Microsoft,
• Intel Corporation,
• Cray, Inc.,
• Juniper Networks, Inc.,
• Atos SE
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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