According to a latest
business intelligence report by IndustryARC, the ongoing trends of ‘Big Data’
and ‘behavioral data’ have led the global Hadoop market size to reach $36.81
billion in 2018. As quoted in the report: “To leverage the pool of data
floating over the world wide web and cash out these virtual behavioral
informations viable for predicting the course of any moneymaking sector or even
governmental policy, analytical enterprises are investing handful of fortunes
in Big Data.” Demand in the Hadoop market is estimated to grow at a global
compound annual growth rate (CAGR) of 28.65% during the forecast period 2019-2025.
The report presents a
detailed analysis of the competitive landscape, taking into account the market
shares of the leading companies. It also provides information on unit shipments
on a yearly basis. All the commercial trending aspects of the Hadoop market,
stretching from its end-users verticals, applications insights, and regional
revenue pockets to the imperative competitive landscape and pricing conditions
are covered in the report. An unbiased topography is maintained throughout the
report by the analyst via inclusion of challenging aspects pertaining to each
segment assisted by effective solutions. The report is titled “Hadoop Market:
By Data Type (Structured, Unstructured, Semi-structured); Component Type
(MapReduce, HDFS); Application (Transportation, Banking); Geography - Forecast
(2019-2025).”
Hadoop Market Innovating
the Architecture of Business Intelligence:
Consulting services is
estimated to be the fastest growing Hadoop market application segment. The
segment is projected to grow at a CAGR of 35.37% through 2025. Hadoop
consulting services are being employed by enterprises to store, process, and
analyze the gathered exploding data volumes and imply it to trace down the
behavior of the market and its consumers. As it supports exploratory analytics
and sophisticated data visualization techniques, enterprises capitalize on consulting
services to undertake profitable market proceedings.
With impeccable and
innovative IT infrastructure providing compatibility for implementation, North
America held 35.12% share of the global Hadoop market demand in 2018. Though
infamous, the recent Facebook–Cambridge Analytica data scandal exposes the
impact-level and application of ‘Big Data’ analytics in North America.
Inexpensive Cost of
Implementation Stimulating Hadoop Market Size:
o The adoption of web-based recommendation systems is a disruptive
trend in the Hadoop market. Recommendations in Facebook - ‘people you may
know’, LinkedIn - ‘jobs you may be interested in’ and Netflix, eBay, Hulu –
‘items you may want’ are generated by analyzing enormous volumes of data in
real time to rapidly calculate preferences before customers exit the web page.
Such intricate operations are instantly and accurately performed by
Hadoop.
o The most prominent drivers of Hadoop market demand are low-cost
storage and data archive, and Data lakes that store data in its original or exact
format. Traditional data analysis mechanisms such as RDBMS are being sidelined
by Hadoop.
o Federal institutions generate huge amount of unstructured data and
are in dire need of an inexpensive tool for data analysis. Since Hadoop
delivers cost-effective solutions with its mechanisms such as MapReduce
programming model, HDFS, and cloud storage, Hadoop software services are in
huge demand in the government sector.
o In 2018, MapR Technologies, provider of the industry's
leading data platform for AI and analytics, announced a collaboration with
VoltDB, the enterprise-class database that powers real-time decisions on
streaming data. Machine learning being untapped by a majority of SMEs for
real-time decision making, this partnership will provide mechanisms for
organizations to automate more intelligent decision-making with machine
learning.[1]
Hadoop Market
Competitive Landscape:
Some of the key players in
the global Hadoop market are Cisco Systems, Cloudera, Inc., Datameer, Inc.,
Amazon Web Services, Hortonworks, Inc., Karmasphere, Inc., Pentaho
Corporation, MapR Technologies, Teradata Corporation, and MarkLogic.
Talk to one of our sales
representatives about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=15232
Related Reports:
A. Hadoop-as-a-Service Market
https://www.industryarc.com/Research/Hadoop-as-a-Service-Market-Research-502231
B. Hadoop Big Data Analytics Market
https://www.industryarc.com/Research/Hadoop-Big-Data-Analytics-Market-Research-500769
What can you expect from
the report?
The Hadoop Market report
is prepared with the main agenda to cover the following 20 points:
1. Market Size by
Product Categories &
Application 11.
Demand Analysis (Revenue & Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
Frequently Asked
Questions:
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting
data from our database of reports and annual subscription databases. We can
provide the following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team. Drop an e-mail to [email protected] to learn more about our consulting
services.
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quote, provide your details in the link below:
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About IndustryARC: IndustryARC is a Research and Consulting Firm
that publishes more than 500 reports annually, in various industries such as
Agriculture, Automotive, Automation & Instrumentation, Chemicals and
Materials, Energy and Power, Electronics, Food and Beverages, Information
Technology, and Life Sciences and Healthcare.
Reference:
[1] https://www.voltdb.com/company/press-releases/voltdb-and-mapr-technologies-join-forces/