Press release
High Performance Data Analytics Market 2022: Global Analysis of Key Manufacturers, Dynamics & Forecast 2027
The High Performance Data Analytics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the High Performance Data Analytics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the High Performance Data Analytics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the High Performance Data Analytics market.The high performance data analytics market has been valued at USD 48.28 billion in 2020 and is expected to reach USD 187.57 billion in 2026 registering a CAGR of 25.4% during the forecast period (2021 - 2026).
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Top Leading Companies of High Performance Data Analytics Market are - SAS Institute, Inc., Hewlett Packard Enterprise Development LP, Oracle Corporation, ATOS SE, Juniper Networks, Inc., Dell Inc., IBM Corporation (Red Hat, Inc.), Cisco Systems, Inc., Intel Corporation, Cray Inc., Teradata and others.
Industry News and Updates:
- February 2019 - Owing to the spectacular rise in the use of Python in high-performance computing applications Intel has extended its services targeting its new applications. With the latest releases of Intel Distribution for Python, included in Intel Parallel Studio XE 2019, the numerical and scientific computing capabilities of high-performance Python now extends to machine learning and data analytics.
- November 2018 - Hewlett Packard Enterprise, collaborated with High-Performance Computing Center Stuttgart (HLRS) to build the fastest supercomputer for industrial production. The new supercomputer, called Hawk, is based on HPEs next-generation high-performance computing (HPC) platform running the new AMD EPYC processor code-named Rome.
Key Market Trends:
Energy and Utilities Sector to Grow Rapidly
- The energy and utility industry is also amongst the other sectors undergoing a large-scale transformation due to the advent of advanced technologies. One of the major technological drivers which impacted this industry is the emergence of Big Data and analytics.
- Further, the scarcity of fossil fuel is giving rise to alternate sources of energy such as solar, wave, and wind turbines, wherein consumption is increasing at a high pace. Thus, it has become imperative to use advanced tools that use high-performance data analytical tools to understand the behavior or adaption of these sources of energy. For instance, the French energy services company like Edelia, launched a complex energy consumption monitoring and management solution which monitors energy usage in near real-time, enables consumers to control consumption and reduce their carbon footprint.
North America Expected to Continue to Dominate the Market
- The North America region dominates the market in terms of demand, owing to the presence of major players. The high investment rate, the presence of active collaboration among different enterprises, growing applications of HPDA in areas such as healthcare, academic research, media, and entertainment are amongst few factors driving the regional market growth.
- Further, there are substantial R&D activities in the area of HPC accentuating this regional market. The U.S. is expected to dominate the NorthAmerica region due to strong demand from software and IT sector over the forecast period.
- According to a survey by NewVantage Partners, the success rate of various big data initiatives as of 2019, was 59.5% of the companies reported which have seen measurable results from big data initiatives to decrease expenses.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- High Performance Data Analytics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of High Performance Data Analytics Market (%),2016 - 2026
- High Performance Data Analytics Market Share, By Brand
- High Performance Data Analytics Market Share, By Company
- High Performance Data Analytics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies High Performance Data Analytics Market Value Analysis & Forecast
- Promising High Performance Data Analytics Development by Major Companies
- Detailed High Performance Data Analytics Portfolio of the Major Companies
- Major Deals in the High Performance Data Analytics Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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