Press release
High Performance Data Analytics Market Size, Share | Industry Report 2024
The global high performance data analytics market was valued at $24.8 billion in 2016 and is forecast to grow at a robust CAGR of 18.2% between 2017 and 2024, culminating to global revenue of $4.5 billion by 2024.Industry at a Glance
Rapid growth of data coupled with the elevating need to investigate and make sense of the ever-growing data is a major factor driving the global High Performance Data Analytics (HPDA) market growth over the forecast period. The growing awareness pertaining to the high performance data analytics across varied industry verticals including banking, government, defense, manufacturing, and media & entertainment is driving the adoption of these technologies.
The use of open source frameworks such as Hadoop for big data analytics and high performance computing (HPC) systems are some of the key factors fuelling market growth significantly over the next few years. The use of advanced software for analyzing the structured and unstructured data sets across diverse industry verticals is gaining significant traction from different enterprises including the small scale and large scale corporations.
As data analytics become more operation critical, software and hardware need to progress in order to handle both past and real-time streaming data. This joint ability to manage diverse types of data is vital for a wide range of organizations. Further, the ability to consume data at high rates and provide analytics in real-time to produce competitive advantage is also anticipated to drive the HPDA technology.
Click the link below to view the report description:
www.ameriresearch.com/product/high-performance-data-analytics-market/
Key findings from the study: -
• The BFSI segment is the largest revenue generator and is anticipated to extend its lead over the forecast period.
• The rising number of government and private investment in HPDA solutions is expected to significantly boost the market over the forecast period.
• Key players include Cisco Systems, Red Hat, Teradata, IBM Corporation, Hewlett-Packard (HP), Inc., Oracle Corporation and Microsoft Corporation, Intel Corporation and Cray, Inc. Juniper Networks and ATOS SE.
Ameri Research has segmented the High Performance Data Analytics Market by material categories, product type, end-use and region:
Market Segmentation
High Performance Data Analytics Market, by Type (Revenue, USD Billion)
• Structured
• Semi-Structured
• Unstructured
High Performance Data Analytics Market, by Deployment (Revenue, USD Billion)
• On-Premise
• Cloud
High Performance Data Analytics Market, by End-Use (Revenue, USD Billion)
• BFSI
• Government
• IT & Telecom
• Medical
• Retail
• Media & Entertainment
• Manufacturing
• Others
High Performance Data Analytics Market, by Region (Revenue, USD Billion)
• North America
• US.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Colombia
• Middle East & Africa
• Saudi Arabia
• UAE
Browse Full Report @ www.ameriresearch.com/product/high-performance-data-analytics-market/
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Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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