Global Hadoop Market

Transparency Market
Research
Global Hadoop Market - Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2012 – 2018
Published Date
2013-07-31
113 Page Report
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Press Release
Hadoop Market to Grow at 54.7% CAGR due to Increasing Demand for
Big Data Analytics : Transparency Market Research
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Global Hadoop Market
REPORT DESCRIPTION
Transparency Market Research announces the publication of a new market analysis report, examining the
global Hadoop market. The report is titled ‘Global Hadoop Market - Industry Analysis, Size, Share, Growth,
Trends, and Forecast, 2012 - 2018’ and examines the various product types, applications, regional
segments, and major players of the global Hadoop market. Forecasts for each segment are prepared using
analytical tools such as market attractiveness analysis and Porter’s five forces analysis and are presented
for the stated forecast period.TMR analysts have zeroed in upon the ever-increasing amount of data
generated in today’s digital world as the prime growth driver for the global Hadoop market. “The amount
and variety of digital data generated on the Internet every day is mindboggling,” stated TMR’s lead
analyst. “The large amount of information on the Web presents a lucrative for many companies to gather
the relevant data, but their major roadblock in that aim is a lack of a competent software that can corral
and collate structured as well as unstructured data.
Hadoop fulfills that need perfectly.”Due to this growing demand, the global Hadoop market is expected to
exhibit growth at a stunning 54.7% CAGR from 2012 to 2018 and be valued at US$20 billion by 2018. The
market was worth US$1.5 billion in 2011.
Browse Market Research report at
http://www.transparencymarketresearch.com/hadoop-market.html
Big data analytics are increasingly in demand to handle the data generated on the Web. Of the several
options on the market that perform this function, Hadoop is the most cost- and time-efficient. This has led
to high demand from the global Hadoop market. Hadoop also has the scope to fill the gap between
database management and managers, making the process more streamlined and aiding the company’s
functional efficiency.On the flip side, the major restraint faced by the global Hadoop market is a lack of
trained personnel to man large-scale Hadoop operations and lack of widespread Hadoop infrastructure to
support its usage across the world. These teething problems are inevitable for any new technology and the
report also presents viable solutions to overcoming these issues.
Mergers and acquisitions in the Hadoop market, in addition to other collaborations, can significantly
increase the reach of the global Hadoop market and are thus the focus of several large companies
operating in the Hadoop market. Another aspect common to most if not all major Hadoop enterprises is a
strong focus on the emerging Asian and Latin American markets for Hadoop. These regions are becoming
increasingly prominent in the global Internet scenario and the success of Hadoop enterprises in tapping
the opportunity in these markets will largely determine the trajectory of the global Hadoop market in the
forecast period.
North America and Europe, accordingly, are the two largest regional segments of the global Hadoop
market at present, due to the strong technological support to the incorporation of Hadoop in these
developed regions.The global Hadoop market is divided into Hadoop software, hardware, and services by
product type, and into BFSI, retail, manufacturing, telecom, media and entertainment, healthcare, natural
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Global Hadoop Market
resources, IT, government, and trade and transportation by application. Market forecasts for each of these
segments are given in the report, providing a 360-degree view of the global Hadoop market.
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