Press release
Hadoop Big Data Analytics Market has been valued at US $ 38.5 Billion with Global Leaders: IBM Corporation, Microsoft Corporation, Tableau Software, Inc, Pentaho Corporation, Amazon Web Services
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.
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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.
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
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