Hadoop Big Data Analytics Market Escalates to US $ 38.5 Billion by 2022 Propelling at ~26.5% CAGR

Market Research Future published a research report on “ Hadoop Big Data Analytics Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Hadoop Big Data Analytics Market, by Solution (Managed Software, Application Software), by Service (Consulting and Development Service, Managed Services), by Application (Customer Analytics, Risk & Fraud Analytics) and Vertical (BFSI, Manufacturing, Healthcare, IT/ITES, Telecommunication) - Forecast to 2022

Intended Audience
• Cloud Service Providers
• Satellite Service Providers
• Government Bodies & Research Organizations
• Technology Service Providers
• Hadoop Big Data Analytics Companies
• Value-added Resellers
• Technology Consultants

Market Highlights

The Hadoop Big Data Analytics provides many advantages such as storage of very large data sets across hundreds of inexpensive servers, Cost effectiveness, flexibility and fast result. These advantages are also responsible for the adoption of Hadoop Big Data Analytics by various in different organizations.

According to Market Research Future Analysis, Global Hadoop Big Data Analytics Market has been valued at US $ 38.5 Billion by the end of forecast period with ~26.5% of CAGR during forecast period 2016 to 2022.

Market Scenario:

Hadoop is an open source software framework this is utilized for storing data and running application in a group of commodity hardware. This software provides a massive storage for all kind of data, with enormous processing power and also have an ability to handle limitless concurrent task virtually. Hadoop also refers to a distributed processing technology that are widely being used for Big Data Analytics. The market of Hadoop is growing rapidly as a Hadoop technology and also provides the cost effective and quick solutions as compared to the traditional tools used for data analysis that includes relational database management system (RDMS).

The study shows that the Hadoop Big Data is widely being accepted by the numerous sectors that includes BFSI, automotive, IT/ITES, Telecommunication and among others. BFSI sectors is expected to exhibits the largest market share, followed by the telecommunication, IT/ ITES and among others. The growing volume of structured and unstructured data and increasing demand of Big Data analytics are some of the major factors for the growth of the Hadoop Big Data Analytics market. The advancement in technology has led the requirement storage capacity and has resulted into the growth of the Hadoop Big Data market.

Based on the vertical segment, the logistics and transportation are expected to grow with the highest CAGR during the end of the end forecasted period. This growth is due to the implementation of intelligent transportation system and raising demand of integrated supply chain management system. The global Hadoop Big Data Analytics is expected to grow from 7.3 Billion in 2016 to 38.5 Billion by 2022, at a CAGR of 26.5% by the end of the forecasted period.

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For the purpose of this study, Market Research Future has segmented the market of Hadoop Big Data Analytics Market into solutions, services, applications and verticals. By solution, the market has been segmented as Managed Software, Application Software, and Performance Management Software among others whereas on the basis of services, the market has been segmented as Consulting and Development Service, Managed Services among others. On the basis of application, the market has been segmented as Customer Analytics, Risk & Fraud Analytics, Security Intelligence, and Operational Intelligence among others. On the basis of verticals, the market includes- BFSI, Government & Defense, IT & Telecommunication, Manufacturing, and Transportation & SCM among others.

Market Segments:

Global Hadoop Big Data Analytics market is segmented on the basis of solution, services, application, and vertical.

Global Hadoop Big Data Analytics Market by Solution:
• Managed Software
• Application Software
• Performance Management Software
• Others

Global Hadoop Big Data Analytics Market by Service:
• Consulting and Development Service
• Managed Services
• Others

Global Hadoop Big Data Analytics Market by Application:
• Customer Analytics
• Risk & Fraud Analytics
• Security Intelligence
• Operational Intelligence
• Others

Global Hadoop Big Data Analytics Market by Vertical:
• BFSI
• Government & Defense
• IT & Telecommunication
• Manufacturing
• Transportation & SCM
• Others

Regional Analysis:

The regional analysis of Global Hadoop Big Data Analytics Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America region is dominating the Hadoop Big Data Analytics Market owing to factors such as increased internet penetration and technological advancements. The study also indicates that cloud deployment and raising demand of real time data is a driving factor for Asia-Pacific region to grow significantly in the Hadoop Big Data Analytics market by the forecast period. Apart from it the rising adoption of IT services and Big Data analysis is also driving the smart thermostat market.

Key Players:

The prominent players in the Global Hadoop Big Data Analytics Market are – Teradata Corporation (U.S.), Cloudera, Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Tableau Software, Inc. (U.S.), Pentaho Corporation (U.S.), Amazon Web Services (U.S.), Datameer, Inc.(U.S.), Karmasphere, Inc.(U.S.), MapR Technologies (U.S.) and among others.

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BRIEF TOC:
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET DYNAMICS
4. GLOBAL MARKET SEGMENTATION
5. REGIONAL MARKET ANALYSIS
6. COMPETITIVE ANALYSIS
7. CONCLUSION
8. LIST OF TABLES
9. LIST OF FIGURES

The report for Hadoop Big Data Analytics Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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