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High Performance Data Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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High Performance Data Analytics (HPDA) is a multifaceted program introduced in 2013 and is guided by Pacific Northwest National Laboratory. This laboratory helps in focusing on specific areas of research such as graph analytics, streaming analytics, compute intensive analytics, and others. HPDA accelerates big data analytics with the use of high performance computing (HPC). HPCs have been known to contribute enormously to scientific innovation, economic competitiveness, national and regional security, and further improvement of the quality of human life. Demand for HPDA has been backed by the rapid data explosion fueling the stupendous growth of the usage of data analytics systems. Moreover, the proliferation of open source frameworks, commonly identified as ‘Hadoop’ has the ability to successfully manage the powerful HPC systems and process data at higher resolutions. HPDA has been a stepping stone in guiding the performance of these frameworks by hosting them on higher performing hardware like the HPC systems. The number of existing servers is unable to handle the high performance analytics, thus expediting the demand for HPDA. Since the technologies for HPC and enterprise computing have merged, newer opportunities have emerged, driving verticals such as financial services, online retailing, telecommunications, healthcare and others. 

Moreover, it has been identified by various organizations that data analytics is critical as both the hardware and the software are prioritized equally to handle the historical (batch) data and real-time streaming data. HPDA has high investment costs for new players, and stringent government rules and regulations regarding data management are the primary concerns for expansion of this market. Other restraining factors for the market are the complexity in programming arising from the massive parallelization and getting sufficient sponsorship for R&D activities. However, HPDA is seeing remarkable growth due to its highly potential drivers such as its wide adaptability and increasing application areas. The development of open source analytic frameworks have aided organizations to tap the vast amounts of data and manipulate the unstructured data in a way that is understandable to the user by enabling quick application on the data set. HPDA not only provides great value to access the large data sets but also enables the analyst to work on it with great speed. Moreover, the advantage of computing real-time or even the value of near-real time computations of live data is driving the latest concept of operations in Activity Based Intelligence (ABI). Therefore, this combination of productivity and achievement has perfectly defined HPDA.

HPDA is an emerging market with consequential segmentation based on component, data type, deployment model, and verticals. Under the component based segment, hardware, software, and services are the three main divisions. Software based component in gaining high traction due to the rigorous deployment of supercomputers and advanced verticals. Furthermore, hardware can be considered either as server or storage systems and services can be further classified into professional and managed services. Based on data type, HPDA can be grouped into unstructured, semi-structured, and structured data. Deployment models include on-premises and on-demand models. Verticals or end-use applications can range from industries such as banking, financial services and insurance, government and defense, manufacturing, media and entertainment, transportation and logistics, healthcare etc. The competitive strategy of most of these sectors is to initiate partnerships, mergers and acquisitions, expansions and healthy collaborations.

The HPDA market is prevalent in all the major continents- North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. However, the market of North America is likely to hold the largest market share, with APAC region having high growth opportunities in the coming years.This is due to the increasing number of manufacturing units in China, India, and other Asia Pacific countries, supporting the market.

The major companies dominating this market are Cisco Systems and SAP SE (Collaborative Products), Red Hat, Inc. and Dell, Inc. (Collaborative Products), Teradata and SAS Institute (Collaborative Products), IBM Corporation, Hewlett-Packard Enterprise, Oracle Corporation, Microsoft Corporation, Intel Corporation, Cray, Inc., Juniper Networks, ATOS SE and others. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

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Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

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