Press release
Hadoop Market Forecast and Emering Trends by Manufacturing, Retail, Financial and Government Applications to 2023 - Size, Share, Demand, Top Players, Regional Analysis and End Users
Hadoop Market Status and Future Forecast 2015-2024
The global Hadoop market is poised for staggering growth in the upcoming years. From over a decade of its birth, Hadoop has evolved into a robust platform for Big Data storage and analysis. Initially developed to support the distribution of open source Nutch search engine project, today, Hadoop is the foundation of next generation data-based applications.
Hadoop Market Segment as follows: By Region - Global (Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru])
Summary
Key Content of Chapters (Including and can be customized)
Part 1: Market Overview, Development, and Segment by Type, Application & Region
Part 2: Global Market by company, Type, Application & Geography
Part 3-4: Asia-Pacific Market by company, Type, Application & Geography
Part 5-6: Europe Market by company, Type, Application & Geography
Part 7-8: North America Market by company, Type, Application & Geography
Part 9-10: South America Market by company, Type, Application & Geography
Part 11-12: Middle East & Africa Market by company, Type, Application & Geography
Part 13: Company information, Sales, Cost, Margin etc.
Part 14: Conclusion
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Geographical analysis of the Global Hadoop market revealed that North America is, and would continue to be the leading revenue generating regional market by 2020. The growth is mainly due to the presence of large number of Hadoop distribution companies & enterprises in the region, and wide adoption of Hadoop technology in North America.
The global Hadoop market is segmented on the basis of type, application, and region. Depending upon type, the key segments of the market are software, hardware, and services. Of them, services is presently the leading segment. This is mainly because of increasing investments for development of more effective software across a host of industry verticals is anticipated to contribute to the growth of software type segment. The software segment is further sub-segmented into application software and performance monitoring software.
Key Companies
- Cloudrea
- Hortonworks
- MapR Tech
- Dell/EMC/Pivotal
- IBM
- Microsoft
- Amazon Web Services
Hadoop market, on the basis of type, is segmented into software, hardware and services market. Currently, services market is dominating with a market share of about 50% of the global Hadoop market due to growing necessity of data analysis in various organizations. Hadoop services market is further segmented into consulting, training and outsourcing, integration and deployment, and middleware & support services.
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Geography-wise, the key segments into which the Hadoop market is divided are North America, Europe, Asia Pacific, and Rest of the World (RoW). North America currently contributes the leading revenue to the Hadoop market. The supremacy of the region is attributed to digitally and technologically advanced infrastructure across industries. While Europe is predicted to display stable growth, Asia Pacific is estimated to witness to emerge as a key market for Hadoop in the years ahead.
Market by Type
- Cloud-based
- On-premises
Market by Application
- Manufacturing
- Retail
- Financial
- Government
However, the demand for Hadoop in BFSI is likely to outpace other application segments. Digitization of banking, financial services, and insurance sector leading to mounting volumes of critical consumer-related data has necessitated the adoption of a reliable tool to manage the data.
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