High Performance Data Analytics Market Share of Components and Top Three Regions

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