Hadoop is an open source software framework this is utilized for storing data and running application in a group of commodity hardware. This software provides a massive storage for all kind of data, with enormous processing power and also have an ability to handle limitless concurrent task virtually. Hadoop also refers to a distributed processing technology that are widely being used for Big Data Analytics. The market of Hadoop is growing rapidly as a Hadoop technology and also provides the cost effective and quick solutions as compared to the traditional tools used for data analysis that includes relational database management system (RDMS).
The study shows that the Hadoop Big Data is widely being accepted by the numerous sectors that includes BFSI, automotive, IT/ITES, Telecommunication and among others. BFSI sectors is expected to exhibits the largest market share, followed by the telecommunication, IT/ ITES and among others. The growing volume of structured and unstructured data and increasing demand of Big Data analytics are some of the major factors for the growth of the Hadoop Big Data Analytics market. The advancement in technology has led the requirement storage capacity and has resulted into the growth of the Hadoop Big Data market.
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Major Key Players:
Teradata Corporation (U.S.),
Cloudera, Inc. (U.S.),
IBM Corporation (U.S.),
Microsoft Corporation (U.S.),
Tableau Software, Inc. (U.S.),
Pentaho Corporation (U.S.),
Amazon Web Services (U.S.),
MapR Technologies (U.S.)
Global Hadoop Big Data Analytics Market has been valued at US $ 38.5 Billion by the end of forecast period with ~26.5% of CAGR during forecast period 2016 to 2022.
Hadoop Big Data Analytics Market Segmentation
For the purpose of this study, Market Research Future has segmented the market of Hadoop Big Data Analytics Market into solutions, services, applications and verticals. By solution, the market has been segmented as Managed Software, Application Software, and Performance Management Software among others whereas on the basis of services, the market has been segmented as Consulting and Development Service, Managed Services among others. On the basis of application, the market has been segmented as Customer Analytics, Risk & Fraud Analytics, Security Intelligence, and Operational Intelligence among others. On the basis of verticals, the market includes- BFSI, Government & Defense, IT & Telecommunication, Manufacturing, and Transportation & SCM among others.
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- Cloud Service Providers
- Satellite Service Providers
- Government Bodies & Research Organizations
- Technology Service Providers
- Hadoop Big Data Analytics Companies
- Value-added Resellers
- Technology Consultants
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