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Hadoop Big Data Analytics Market Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
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Hadoop is a distributed processing technology used for Big Data analysis. Hadoop market is expanding at a significant rate, as Hadoop technology provides cost effective and quick solutions compared to traditional data analysis tools such as RDBMS. Study indicated that Hadoop Market has great future prospects in trade and transportation, BFSI and retail sector.
KEY PREMIUM INDUSTRY INSIGHTS
The major drivers for the market growth is the growing volume of structured and unstructured data, increasing demand for big data analytics and quick and affordable data processing services offered by Hadoop technology.
Distributed computing and security issues in Hadoop Platform are acting as the major restraints for growth of this market.
Global Hadoop Market, on basis of product, is segmented into software, hardware and services. Global Hadoop Services market generates the largest revenue in Global Hadoop Product Market.
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