Hadoop Market by Component (Hardware, Software, and Services), Deployment Model (On-premise, Cloud, and Hybrid), Enterprise Size (Large Enterprises and SMEs), and Industry Vertical (Manufacturing, BFSI, Retail & Consumer Goods, IT & Telecommunication, Healthcare, Government & Defense, Media & Entertainment, Energy & Utility, Trade & Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Hadoop is a distributed processing platform that is used to analyze large amounts of data. Due to its cost-effectiveness and efficiency over traditional data analysis methods, such as RDBMS, the global Hadoop market has seen rapid expansion in recent years. In addition, Hadoop makes it easier to use all the storage and processing capacity in cluster servers, and to execute distributed processes against huge amounts of data. Hadoop provides the building blocks, on which other services and applications can be built.
Cost-effective and fast data processing and large volumes of unstructured data boost the growth of the global Hadoop market. In addition, increase in demand for data analytics positively impacts the growth of the market. However, increase in security concerns regarding Hadoop architecture, distributed computing, and access to data and fragmented data hamper the market growth. On the contrary, partnerships and funding’s taking place in Hadoop market and data fusion is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The Hadoop market is segmented on the basis of component, deployment model, enterprise size, Industry Vertical, and region. On the basis of component, it is divided into hardware, software, and services. On the basis of deployment type, it is classified into on-premise, cloud, and hybrid. By enterprise size, it is bifurcated into large enterprises and SMEs. By industry vertical, it is segregated into manufacturing, BFSI, retail & consumer goods, IT & telecommunication, healthcare, government & defense, media & entertainment, energy & utility, trade & transportation, and others. Region -wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global Hadoop market is dominated by Amazon Web Services, Inc., Cisco Systems, Inc., Cloudera, Inc., Datameer, Inc., Hitachi Vantara Corporation, Fair Isaac Corporation, MapR Technologies, MarkLogic, Microsoft Corporation, and Teradata Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global Hadoop market forecast along with the current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global Hadoop market trends is provided in the report.
The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential.
Key Market Segments
By Component
Hardware
Software
Services
By Deployment Model
On Premise
Cloud
Hybrid
By Enterprise size
Large Enterprises
SMEs
By Industry Vertical
Manufacturing
BFSI
Retail & Consumer Goods
IT & Telecommunications
Healthcare
Government & Defense
Media & Entertainment
Energy & Utility
Trade & Transportation
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY MARKET PLAYERS
Amazon Web Services
Cisco Systems, Inc.
Cloudera, Inc.
Datameer, Inc.
Hitachi Data Systems
Fair Isaac Corporation
MapR Technologies
MarkLogic
Microsoft Corporation
Teradata Corporation
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook