Hadoop Big Data Analytics Market Competitive Analysis and Growth by Top Manufacturers Hortonworks, Cloudera, Amazon Web Services, Hadapt, MapR Technologies, Outerthought, Karmasphere, Platform Computing, Hstreaming, Greenplum, Zettaset, and Pentaho Corpor

Global Hadoop Big Data Analytics Overview:

Hadoop is an open source framework that allows for the storage and analysis of large data and uses simple programming models in distributed computer clusters. Big Data is a massive volume of information that may be unstructured and structured. Due to the large volume of this information, they cannot be stored and processed by conventional systems. In addition, it helps organizations understand the trend and make decisions in real time at the business level. With this solution, the information can be stored, analyzed and exploited to achieve the basic objective. This helps modernize business models and maximize revenue for service providers. The Global Hadoop Big Data Analytics Market is estimated to be growing at a pace of 40% CAGR, during the forecasted years.

Global Hadoop Big Data Analytics Size:

According to Research Cosmos, The Global Hadoop Big Data Analytics Market is projected to grow from USD 6.71 Billion in 2016 to USD 40.69 Billion by 2021, at a CAGR of 43.4% during the forecast period.

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Drivers and Restraints:

The scrutiny of operations by industry participants in their daily activities has generated great data. Such a measure is taken primarily to gain a competitive advantage over rival companies and to better understand their strategies. It is expected that this strategic market trend will further expand the Hadoop and Big Data Analytics market. Industry players are expected to invest in next generation solutions that should provide new opportunities for growth and development in the sector. This solution is intended to be implemented by different companies to remain competitive in the market and better understand the sector. The demand for a unified platform for information storage will complement the growth of the Hadoop market and Big Data analysis.

It is expected that the security gap and the lack of an appropriate regulatory framework for large volumes of data will hinder the growth of the sector. The shortage of qualified personnel capable of converting machine language into operational data storage and advanced analytical solutions will further reduce the rate of increase in the last eight years. Big Data security and security intelligence solutions are areas that are expected to provide significant growth opportunities for industry participants during the forecast period.

Companies spend a lot of money on research and development initiatives to develop integrated solutions that offer superior benefits. The end-user industries are making additional efforts to minimize hardware costs to maintain their position in the market and gain a competitive advantage.

Geographical Insights:

North America represents the major share of Hadoop big data analytics market. This growth can be attributed to the growing implementation of big data solutions from Hadoop by major IT companies such as Google, Microsoft, IBM and Oracle in the region to improve efficiency and optimize their business operations. Companies in the region are investing heavily in R & D initiatives to develop integrated solutions with superior benefits by focusing on Big Data, which can learn from the large amount of data generated from a variety of sources. The Hadoop technologies in these databases are at the heart of the solutions that announce a paradigm shift. It is expected that developing regions such as Asia-Pacific will grow rapidly during the forecast period due to rapid industrialization and urbanization. It is expected that government initiatives, such as the creation of smart cities, create important opportunities for growth over the next eight years.

Hortonworks, Inc., Cloudera Inc., Amazon Web Services LLC, Hadapt, Inc., MapR Technologies, Inc., Outerthought, Karmasphere, Inc., Platform Computing, Hstreaming LLC, Greenplum, Inc., Zettaset, Inc. and Pentaho Corporation are the major players of the Global Hadoop Big Data Analytics market.

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

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