Hadoop Big Data Analytics Market- Overview:
The Hadoop Big Data Analytics market is growing swiftly. The growing demand of real time data and Big Data analysis tends to be the major factors in promoting these systems. Today, major companies are working very hard for the analysis of real time data. The insights gathered by the analysis of real time data gives the companies a competitive advantage and more space for analyzing their market share and market position. Increasing competition and arrival of small startups into this market with the latest technologies are giving tough competition to the existing players.
Growth of IT industry with respect to the analytics is major factor which is supporting the market of Hadoop Big Data Analytics. Companies operating in the software development or BFSI or manufacturing needs to monitor their operations without any pause and this generates lots of data. Earlier where the companies were following traditional method for the analytics and extraction of insights were hectic task, arrival of software’s in this industry has brought a revolution.
According to Market Research Future Analysis, 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.
The prominent players in the Global Hadoop Big Data Analytics Market are – 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.), Datameer, Inc.(U.S.), Karmasphere, Inc.(U.S.), MapR Technologies (U.S.) and among others.
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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
The regional analysis of Global Hadoop Big Data Analytics Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Hadoop Big Data Analytics Market owing to factors such as increased internet penetration and technological advancements. The study also indicates that cloud deployment and raising demand of real time data is a driving factor for Asia-Pacific region to grow significantly in the Hadoop Big Data Analytics market by the forecast period. Apart from it the rising adoption of IT services and Big Data analysis is also driving the smart thermostat market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Hadoop Big Data Analytics Global Market – Segmentation
Segmentation by Solution: Performance Management Software, Application Software, Packaged Software, and Others.
Segmentation by Service: Training & Support Services, Consulting & Development Services, Managed Services,and others.
Segmentation by Application: Customer Analytics, Risk & Fraud Analytics, Security Intelligence, Internet of Things (IoT), Offloading Mainframe Application, Operational Intelligence, Distributed Coordination Service, Linguistic Analytics, and Others.
Segmentation by End User: BFSI, Government & Defense, IT & Telecommunication, Manufacturing, Transportation & SCM, Healthcare & Life Sciences, Academia & Research, Media & Entertainment, and others.
Segmentation by Region: North America, Europe, Asia Pacific, Rest of the World.
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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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