High Performance Data Analytic1
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<strong>High</strong> <strong>Performance</strong> <strong>Data</strong> Analytics (HDPA) Market worth<br />
78.26 Billion USD by 2021<br />
According to a new market research report "<strong>High</strong> <strong>Performance</strong> <strong>Data</strong> Analytics (HPDA) Market by<br />
Component (Hardware, Software, and Services), <strong>Data</strong> Type (Unstructured, Semi-Structured and<br />
Structured), Deployment Model (On-Premises and On-Demand), Vertical, and Region - Global forecast<br />
to 2021", The data discovers that the <strong>High</strong> <strong>Performance</strong> <strong>Data</strong> Analytics (HDPA) market is estimated to<br />
grow from USD 25.71 Billion in 2016 to USD 78.26 Billion by 2021, at a Compound Annual Growth Rate<br />
(CAGR) of 24.9%.<br />
The proliferation of open source frameworks for big data analytics and the ability of powerful <strong>High</strong><br />
<strong>Performance</strong> Computing (HPC) systems to process data at higher resolutions are the key driving forces<br />
of HPDA market.<br />
Browse 69 market data tables and 55 figures spread through 152 pages and in-depth TOC on<br />
<strong>High</strong> <strong>Performance</strong> <strong>Data</strong> Analytics Market<br />
http://www.marketsandmarkets.com/Market-Reports/high-performance-data-analytics-market-<br />
39751632.html<br />
Early buyers will receive 10% customization on reports.
Storage by component to grow at the highest Compound Annual Growth Rate (CAGR)<br />
during the forecast period<br />
The HPDA market is segmented by component which is further categorized into hardware,<br />
software, and services. Hardware segment is sub segmented into storage and servers, where<br />
storage is poised to grow at the highest CAGR over the forecasted period. HPDA applications<br />
are used for computational analysis, information escalated research, rich media, 3D-modelling,<br />
seismic handling, data mining, and large scale simulation.<br />
On-cloud market to grow at the highest CAGR during the forecast period<br />
The market, by deployment model has been segmented into on-premises and on-cloud model.<br />
On-cloud deployment model is expected to witness the highest CAGR during the period 2016 to<br />
2021. On-cloud deployment model will gain traction in the coming years owing to the cost<br />
effectiveness, agility, and affordability it offers to the end customer.<br />
North America is expected to dominate the HPDA market during the forecast period<br />
The HPDA market segments the global market on the basis of regions, which include North<br />
America, Asia-Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America.<br />
North America is expected to hold the largest share of the HPDA market in 2016 due to the<br />
presence of large enterprises, technical experts, and growing demands for HPDA solutions in this<br />
region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021.<br />
The ability to provide real-time intelligence with advanced predictive analytics on different<br />
applications has boosted the HPDA market.<br />
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