Hadoop Market – Premium Insight of Latest Report
“Hadoop is a distributed processing technology used for Big Data analysis. Hadoop market is expanding at a significant rate, as Hadoop technology provides cost effective and quick solutions compared to traditional data analysis tools such as RDBMS.”
The global Hadoop market is segmented on the basis of component, end user, and geography. The component segment comprises software, hardware, and services. The Hadoop services market is further categorized into consulting, training & outsourcing services, integration & deployment services, and middleware & support services. The Hadoop software market is segmented into application software, packaged software, management software and performance monitoring software.
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Company Profiled: The Top Key Players included in Hadoop Market Report are Cloudera Inc., MapR Technologies Inc., IBM Corp., Hortonworks, and EMC Corp.
The Hadoop market growth is driven by increasing demand for the big data coupled with growing volume of structured and unstructured data. Another important factor that is expected to propel the market growth of Hadoop is escalating demand for effective and faster accessibility of data among various industries like healthcare, banking & finance, manufacturing, biotechnology & defense. However, distributed computing and security issues are major challenges which may slow down the demand for Hadoop. Continuous development and huge investment in Hadoop technologies are anticipated to disclose new opportunities during the upcoming years.
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This report segments the global Hadoop market as follows:
Hadoop Market: Type Segment Analysis
Hadoop Market: End-Use Segment Analysis
IT & ITES
Hadoop Market: Regional Segment Analysis
The Middle East and Africa
Key Benefits of Buying the Report:
The report will help market leaders and new entrants in the Hadoop market in the following way:
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenues of the Hadoop market and its sub segments. This report will also help stakeholders better understand the competitor landscape, gain more insight to better the position of their businesses, and implement suitable go-to-market strategies. The report will help stakeholders understand the trend in the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
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Geography-wise, the key segments into which the Hadoop market is divided are North America, Europe, Asia Pacific, and Rest of the World (RoW). North America currently contributes the leading revenue to the Hadoop market. The supremacy of the region is attributed to digitally and technologically advanced infrastructure across industries. While Europe is predicted to display stable growth, Asia Pacific is estimated to witness to emerge as a key market for Hadoop in the years ahead. Increasing adoption of Hadoop across several end use segments and incessant adoption of electronic devices leading to the generation of massive amount of data.
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