MRRS adds "High Performance Data Analytics Market by Component , Data Type , and Region - Global forecast to 2021" latest studies, published in November 2016. It is a professional and in-depth study.
summary
The proliferation of open source frameworks (Hadoop) for big data analytics is one of the drivers for the High Performance Data Analytics (HPDA) market
The HPDA analytics market size 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%. The proliferation of open source frameworks (Hadoop) for big data analytics and the ability of powerful HPC systems to process data at higher resolutions has fueled the growth of HPDA. However, high investment costs and government rules & regulations are acting as the restraining factors for the HPDA market.
“Software is expected to be the fastest growing component in HPDA market”
The software segment is inevitably gaining traction in the HPDA market owing to the aggressive deployment of supercomputers with high performance computing and advanced analytics in various verticals. The ability to ingest data at high rates and provide analytics in the real-time to create competitive advantage is the driver promoting the HPDA technology. The software market includes programming tools, middleware, performance optimization tools, cluster management tools, and fabric management.
“APAC is expected to have the highest growth rate in the HPDA market by region”
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