High Performance Data Analytics (HPDA) Market 2019 Global Industry Analysis by Size, Share and Key Applications by Key Leaders: Cisco system,Red hat, IBM, Hewlett-Packard, Oracle, Cray, Intel,Juniper Networks

Market Highlights:

High performance data analytics is picking up the pace with burgeoning digitalization process in industries and increasing adoption of cloud-based services. The global high performance data analytics market can experience an astounding 18% CAGR during the forecast period (2016-2022) with an estimated valuation of USD 82 billion. Market Research Future (MRFR) in their report analyzes its market worth with an in-depth study of its drivers who bask in its features such as time-critical based analysis and simulation. Its ability to stream analytics, graph modeling and visualization, architecture analysis, and data analysis either on-cloud or on-premise can be seen as a boon for industries across verticals. Furthermore, growing adoption high performance data analytics in small & medium enterprises (SMEs) can vouch for the high performance data analytics market’s assured future growth.

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.

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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.),
• ATOS SE (France)

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.

Industry Trend:

Telekom Slovenije Group has recently allied with Exasol, the world’s first in-memory analytics database by transforming their previous infrastructure. Their aim is now to have data monetization, and Exasol is to help them out with high-speed data handling.
Saama’s life science analytics cloud (LSAC) can provide relevant analytics by incorporating structured and unstructured data. The cloud-based solution can take in data ingestion, integration, and analysis and enables companies to work faster.

Industry Insights:
In recent times, high performance data analytics market has grown exponentially owing to its integration in several industries. However, this can be analyzed as a direct result of strategic decisions taken by companies to engage the market and help it grow.
For instance, Hortonworks, IBM, and Red Hat have allied to create an open hybrid architecture initiative that would help in managing big data workloads. Red Hat again is collaborating with IBM in an attempt to accelerate hybrid cloud adoption.
Ericsson is collaborating with Juniper Networks and ECI Telecom to improve 5G mobile networks.

Regional Analysis:
Region-specific analysis of the high performance data analytics market includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is the global bellwether in this segment and is gaining the most owing to its tendency to bank on latest technologies that would simplify the operational process. The region has a world-class infrastructure which can vouch for its current market position. The situation can remain so in the foreseeable future as well. Europe’s market position is just behind North America. These two regions share similar features owing to which they are receiving substantial growth and are making a mark in the high performance data analytics market. The APAC is the third largest market with several developing countries investing substantially in revamping their infrastructure. This could lead to the mushrooming of regional high performance data analytics market.

Segmentation:
The global high performance data analytics market can be segmented by component, technologies, and application.
By component, the high-performance data analytics Market comprises hardware and software.
Based on technologies, the high performance data analytics market can be segmented into structured, semi-structured and unstructured.
Application-wise, the high performance data analytics market includes manufacturing, financial, telecommunications, healthcare, retailers, energy, and others.

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Target Audience:
• Software vendors
• Software developers
• System integrators
• Research & consultants
• IT and Cloud service providers
• Government

About Market Research Future:

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