Hadoop Market to Exceed US$ 50.0 Billion by 2020

New York, February 09: Market Research Engine has published a new report titled as “Hadoop Market by Product (Software, Hardware and Services) and by Applications - Global Industry Analysis and Forecast 2015 - 2020”

Hadoop is open source technology used for storing and organizing data in a bunch of commodity hardware. Hadoop gives very big amount of data storage and it stores any type of data quickly, massive processing power and handle almost infinite parallel jobs or tasks. To store big amount of data commodity hardware is used which is having very low cost and system can be developed by adding additional nodes. In hadoop we store large amount of data when we want and later on decide how to use, this contain unstructured data such as text, graphs, images, audio and video. It automatically stores more copies of all data and protect data from hardware failure. If any node is fail then task is automatically redirected to another node.

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The Hadoop market is expected to exceed more than USD 50.0 Billion by 2020.

The major driving factors of Hadoop market are as follows:

• Quick data processing and cost-effectiveness
• Huge amount of unstructured data
• Rising demand for data analytics
• Fill space between manager and DBMS

The restraining factors of Hadoop market are as follows:

• Issues related security
• Distributed computing
• Unavailability of skilled persons
• Lower acceptance of hadoop technology

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The hadoop market is segmented on the lines of its software, hardware, applications and end user. The hadoop market is segmented on the lines of its software like application software, packaged software, management software and performance monitoring software. Under hardware segmentation it covered servers, storage and network equipment. The hadoop market is segmented on the lines of its service like consulting services, Hadoop training and outsourcing services, integration and deployment services, and middleware and support services The hadoop market is segmented on the lines of its end user like manufacturing, BFSI, government sector, retail, trade and transportation, IT and ITES, media and entertainment, healthcare, hospitality and telecommunication. The hadoop market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for hadoop and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.

3) Identifications of new market opportunities and targeted promotional plans for hadoop.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of hadoop with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Amazon Web Services, Cisco Systems, Cloudera, Inc., Datameer, Inc., Hortonworks, Inc., Karmasphere, Inc., MapR Technologies, Pentaho Corporation, Teradata Corporation and MarkLogic.Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Hadoop Market has been segmented as below:

by Software Analysis

• Application software
• Packaged software
• Management software and
• Performance monitoring software

by Hardware Analysis

• Servers
• Storage and
• Network equipment market

by Services

• Consulting services
• Hadoop training and outsourcing services
• Integration and deployment services
• Middleware and support services market

by End User Application

• Manufacturing
• BFSI
• Government sector
• Retail
• Trade and transportation
• IT and ITES
• Media and entertainment
• Healthcare
• Hospitality
• Telecommunication

by Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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This release was published on openPR.