Hadoop Market Developing At A Rapid Pace To USD 87.14 Billion By 2022

Some of the major players active in hadoop market comprise Amazon Web Services, Teradata Corporation, Cloudera, Inc., IBM Corporation Cisco Systems, Hortonworks, Datameer, Inc., VMware, Oracle Corporation, Inc., and OpenX amongst others. These players are the game changers is the global hadoop market.

DOWNLOAD FREE PDF BROCHURE @ https://goo.gl/n31sTF

According to analysts at Zion Market Research, the global hadoop market was capitalized at almost USD 7.69 Billion in 2016 and is likely to cross almost USD 87.14 Billion by end of 2022, developing at a CAGR of almost 50% from 2017 to 2022.

Rising Demand For The Big Data To Boost The Hadoop Market In The Years To Come

As per analysts at Zion Market Research, the hadoop market is boosted by rising demand for the big data paired with increasing volume of unstructured & structured data. One more major factor that is likely to foster the growth of hadoop market is rising demand for faster & effective accessibility of data among different industries such as banking & finance, healthcare, biotechnology & defense, and manufacturing. On the other hand, distributed security and computing problems are major hurdles that might hinder the growth of hadoop market.

Huge investment and continuous development in hadoop market are likely to unlock new avenues in the near future. For instance in March 2018, Hortonworks, Inc. rolled out Hortonworks Operational Services to assist users in more quickly maximizing their data value and managing big data deployments. The subscription-based offering gave a fully managed atmosphere for HDF (Hortonworks DataFlow) and HDP (Hortonworks Data Platform) users. It also gave ongoing access to devoted Hortonworks support teams with managing modern data and deep experience building platforms.

In addition, different mergers and acquisitions are also claimed to boost the hadoop market. For example, in May 2018, Google acquired Cask Data. Now, Cask Data is a Palo Alto-based company that specializes in designing solutions to operate big data analytics services using Hadoop. The acquirement also confirmed that the firm will carry on supporting existing products and customers.

Get FREE Sample Research Report @ https://goo.gl/rpG722

Retail Segment To Boost The Global Hadoop Market And Maintain Its Supremacy In The Years To Come

Hadoop market is divided based on end users, type, and regions. Type sector comprises hardware, software, and service. End user sector comprises government sector, BFSI, healthcare, IT & ITES, retails, telecommunication, and others.

Hadoop market is studied based on end user application in different sections. The retail sector is employing Hadoop technology owing to the generation of huge amount of data and extension of organized retail industries. The government segment is the second most eye-catching sector in hadoop market and creating the highest income owing to the necessity for data analysis and high amount of data generation.

The global hadoop market is segmented as follows:

By End User

BFSI
Government Sector
IT & ITES
Healthcare
Telecommunication
Retails
Others

By Type

Software
Hardware
Service

By Region

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

GET FREE PDF BROCHURE @ https://goo.gl/n31sTF

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

This release was published on openPR.