High Performance Data Analytics plays a fundamental role in data analytics services. The global high performance data analytics market depends on this factor significantly and based on this, it could expect an impactful growth 18% CAGR during the forecast period (2016-2022), reveals Market Research Future (MRFR) in an extensively studied report.
Market Drivers & Trends
High Performance Data Analytics is known as a technology that provide solutions to data analytics services such as graph streaming analytics, exploratory data analysis, modelling and visualization, and emerging architecture analysis. With this, the high demand by businesses, which requires taking fast decision for competitive advantages is also an essential factor driving the market to gain more valuation in the coming years.
Other essential factor that drives the growth of high-performance data analytics market is the surging data explosion mainly in enterprises, rising market of big data analytics as well as rising advanced and analytical method & tools and more. These factors are hence, influencing the market to expand globally and making its position strong than the previous years.
As per the study, the global High-Performance Data Analytics market trends have been segmented among the segments of component, technologies, and application.
Segmentation by component: Hardware and software are the segments.
Segmentation by technologies: Structured, unstructured and semi-structured are the segments.
Segmentation by application: Manufacturing, retailers and energy, telecommunications, healthcare, financial, and among others are the segments.
Market Research Future (MRFR) study has covered in its regional analysis of key management as a service market the key regions such as the North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Among these, North-America region is leading the global high performance data analytics market with the largest market share owing to the high demand of it by large enterprises. Such a factor is expected to inflate with highest revenue by 2022.
Europe is also expected to be the second largest market for high performance data analytics followed by Asia-Pacific region during assessment period.
The crucial players in global high performance data analytics market is listed as IBM Corporation (U.S.), Red Hat, Inc. (U.S.), Cisco system, Inc. (U.S.), Cray Inc. (U.S.), Oracle Corporation (U.S.), Juniper Networks (U.S.), Microsoft Corporation (U.S.), Intel Corporation (U.S.), Hewlett-Packard Enterprise (U.S.), ATOS SE (France), and to name a few.