Exceptional Role of SMEs in Hadoop-as-a-service Market Driving Growth

Hadoop-as-a-service (HaaS) is being widely used across several industries such as banking, telecommunication, IT, and manufacturing. The growing adoption of HaaS by small and medium enterprises has significantly driven the global market for Hadoop-as-a-service. In a report, titled “Hadoop-as-a-Service (HaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,” Transparency Market Research studies the impact of HaaS on various end users and predicts the market trajectory through 2023.

Hadoop is a leading platform for big data analytics and enterprises have been using Hadoop-based applications to perform a host of operations, including the management, evaluation, and storage of massive amounts of data. Ensuring optimal consumption of time, Hadoop-as-a-service enables companies to function in an extremely cost-effective manner.

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The report reviews the global Hadoop-as-a-service market on the basis of geography and divides the international market into Europe, Asia Pacific, North America, and Rest of the World. North America is the largest market for HaaS and is anticipated to retain its lead through 2023. Europe follows next in line with a competitive HaaS market. The Asia Pacific Hadoop-as-a-service market is projected to witness rapid growth in the coming years fueled by strong support from several governments for the effective installation of necessary infrastructure to achieve real-time optimization and for the reconfiguration of networks.

Thanks to the cost competitiveness of Hadoop-as-a-service, an increasing number of small and medium enterprises are focused on increasing the level of awareness among potential customers in the Asia Pacific region. The rising need for data analytics so as to survive in an immensely competitive business environment is also boosting the Asia Pacific Hadoop-as-a-service market.

Infochimps, Pentaho, Cloudera, Amazon Web Services, IBM, Hortonworks, Altiscale, Microsoft, Hewlett-Packard, Quobole, Teradata, Mortar Data, Karmasphere, Google, EMC, Cask Data, and MapR Technologies are some of the prominent players operating in the global HaaS market. A thorough evaluation of the notable companies in this marketplace has been included in the report. Each player has been assessed based on key parameters such as recent developments, business strategies, company overview, service portfolio, and financial standing. With the help of a SWOT analysis, the report on the Hadoop-as-a-service market sheds light on the strengths, weaknesses, opportunities, and threats of each profiled company.

The research report provides in-depth analysis and data based on key categories such as geographies, segments, technology, type, and applications, and with the help of a suitable set of methodologies and assumptions, accurate projections pertaining to the Hadoop-as-a-service market have been made. The report is statistically supported with industry data and also backed by valid inputs from industry experts. This study is a must-have for market players in order to sustain and expand in this ever-growing industry.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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