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Hadoop Market 2019-2023 Trends and Opportunities With Major Players - FICO, Cloudera, EMC, Appistry, Zettaset - Software-Defined Encryption, Hortonworks, Datameer, Amazon Web Services, IBM and Microsoft
The sudden rise in demand for big data analytics is a major factor driving the growth of the global hadoop market. In the recent years, industries have experienced a huge explosion of raw, structured and unstructured data, which has compelled the application of big data analytics.Request for a free sample copy of this research report @ https://www.psmarketresearch.com/market-analysis/hadoop-market/report-sample
The market trend for the need of cost-friendly, agile processing of business data has established “big data” as the preferred platform for data analytics over traditional data analysis platforms like data warehouses or relational database management systems.
Based on the end-users, the global hadoop market can be categorized into telecommunication, banking & finance, healthcare, government and public utilities, healthcare, web, retail, manufacturing, gaming, IT & security, oil & gas, bioinformatics, transportation, media and entertainment, and education. Among end-users, the government sector dominates the hadoop market followed by banking financial security and insurance (BFSI), healthcare and retail.
Hadoop as a solution is increasingly offering data security and data retrieval features. These features are improving with time. Hadoop software is the highest growing market in the hardware and services industry. Geographically, North America is expected to lead the revenues share in the global hadoop market in near future, owing to the higher rate of technology acceptance in the region.
Explore report description @ https://www.psmarketresearch.com/market-analysis/hadoop-market
The hadoop technology facilitates the consumers to handle more data through superior storage capacity and also enables data retrieval in case of hardware failure. Some of the major competitors in the global hadoop market include Fair Isaac Corporation, Cloudera, EMC Corporation, Appistry Inc., Zettaset, Hortonworks Inc, Datameer, Inc., Amazon Web Services, Inc., International Business Machines Corp., Adello AG, Intel Corporation, Adello AG and Microsoft.
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