High performance data analytics provides access to large number of data in a productive and fault-free way. This data is being provided on scale-out commodity hardware system. The objective of High performance data analytics is to improve the performance of data while maintaining the productivity of the framework. High performance data analytics is mostly preferred by IT industries, due its ability to handle large sets of data, without hampering the speed and performance of the system. The growing complexities of data has led High performance data analytics to adopt number of technological advancement from last half a decade which includes real time data analytics. The combination of the productivity coupled with the benefit of real time performance is expected to boost the market for high performance data analytics over the forecast period.
High Performance Data Analytics Market: Drivers and Restraints
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The growing number of IT & Database industry around the world is expected to fuel the demand for high performance data analytics market. Moreover, the proliferation for open source frameworks for data analytics coupled with the ability to process large amount of data with high resolution has further expected to drive high performance data analytics over the forecast period. The software market is expected to gain traction in High performance data analytics market due to the deployment of supercomputers and preference for high performance computing and advance analytics in various verticals.
However, High investment cost along with stringent government rules & regulation are expected to act as the restraining factors and is anticipated to hamper the demand for high performance data analytics over the forecast period.
High Performance Data Analytics Market: Segmentation
The global High Performance Data Analytics market can be segmented as follows:
High Performance Data AnalyticsMarket, by Component
High Performance Data Analytics Market, byType
- Structured Type
- Semi-structured Type
- Unstructured Type
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High Performance Data Analytics Market, by End use
- Banking, Financial service and Insurance (BFSI)
- Government and Defence
- Research & Academic
- Healthcare & Life Science
- Media & Entertainment
- Energy & Utility
- Retail & Consumer Goods
- Transportation and Logistics
- IT & Telecommunication
High Performance Data Analytics Market, by Deployment Model
High Performance Data AnalyticsMarket: Regional Outlook
Geographically, the global High Performance Data Analytics market can be divided in major regions which include North America, Latin America, Western and Eastern Europe, Asia Pacific excluding Japan (APEJ), Japanand the Middle East and Africa (MEA).In terms of demand, it is anticipated that North America will dominate global High Performance Data Analytics market. The U.S. due to strong demand from software and IT sector is expected to dominate North America data analytics market over the forecast period. Asia Pacific, due to growing economies and rising adoption of supercomputers by growing IT sectors and research and development industries is anticipated to grow at significant rate over the forecast period. Rest of the world (ROW) are projected to have moderate growth in High Performance Data Analytics market in coming years.
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High Performance Data AnalyticsMarket: Key Players
The key players in the global High Performance Data Analytics marketare
- Cisco Systems and SAP SE
- Cray Inc.
- Hewlett Packard Enterprise
- IBM Corporation
- Intel Corporation
- Juniper Networks
- Microsoft Corporation
- Oracle Corporation
- Red Hat Inc.
- Dell Inc.
- Teradata and SAS Institute