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Apache Spark Market Size and Key Trends in Terms Of Volume and Value - Forecast to 2025

05-10-2018 07:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Apache Spark Market Size and Key Trends in Terms Of Volume

The report analyzes and presents an overview of "Apache Spark Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Apache Spark” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Apache Spark is an open source processing engine used for faster performance, ease of use and sophisticated analytics. Apache Spark can collectively process huge amount of data present in clusters over multiple nodes. Parallel processing framework of Apache Spark enables users to run large scale data analytics applications. It supports in-memory processing boosting the performance of applications based on big data analytics; however, it can also perform disk-based processing when available system memory is unable to store the data sets.

Spark has evolved as an effective alternative for Hadoop. Its speed of processing is high compared to Hadoop as a result of its bottom-up engineering. Its popularity has increased recently for on-disk sorting, involving large data sets. Easy-to-use application program interface (API) is developed to handle large amount of data. It includes multiple operators for manipulating semi-structured data by revamping all the information and familiar data APIs. At the heart of Apache Spark is a unified engine, it includes support for SQL queries, higher-level libraries, machine learning, streaming data and graph processing. Also, these libraries can be combined seamlessly to create complex workflows. Apache Spark can be deployed in the cloud on the Amazon Elastic Compute Cloud (EC2) service or as a standalone application. Due to its advanced features and functionality, popularity of Apache Spark has increased within the developers, integrators and end-users. It supports multiple languages so that the developers can write applications in Java, Python, Scala or R, further increasing the popularity of Apache Spark. Furthermore, adoption and deployment of Spark has been faster as it came on the back of Hadoop. It integrates seamlessly with Hadoop data sources such as Hadoop distributed file system (HDFS), Hive, HBase and Cassandra and Hadoop ecosystem. Spark has matured and it has become a mainstream solution at a perfect time when Internet of Things (IoT) devices are proliferating in the market. IoT devices are anticipated to drive the Apache Spark market during the coming years as the need for processing large data sets is expected to increase.

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Apache Spark supports advanced analytics such as streaming data, machine learning (ML), SQL queries and graph algorithms. These four components also form the core of Apache Spark. Full recovery from faults and failures is possible as the objects are stored in resilient distributed datasets (RDD). Real-time queries are enabled with the help of Apache Spark, increasing the efficiency of the data processing system. Spark clearly differentiates between importing data and distributed computation. With quick and iterative product development it will reduce the time-to-market for new products. Also, prototyping of solutions without the need of submitting the code every time improves the iterative development and feedback process. Decentralization of data center functions such as storage and processing has resulted in a new concept of fog computing. Demand for Apache Spark is projected to rise in the near future as the popularity of fog computing is anticipated to increase.

Major players associated with the Apache Spark market include IBM Corporation, Databricks, MapR Technologies Inc., Qubole, Inc. and Cloudera, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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