The integration of computer systems
into our present daily lives is facilitating the generation of data at extraordinary pace. Hadoop is coded in Java for cross-platform portability. Presently, it is employed by a broad spectrum of commercial and educational operators for backend data processing. The hadoop distributed file system (HDFS) is the major constituent of hadoop and is used to store all input and output data for applications. The hadoop system is used by numerous companies and organizations for research as well as production purposes. The growth for the market is driven by the advantages of hadoop emerging technology such as its flexibility to access structured and non-structured data, fast data processing, and scalability.
The global market for hadoop is estimated to be $XX billion in 2015. The global market for hadoop market is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2020. The hadoop market is forecast to have the highest growth of X% during the forecast period 2016-2021.Big data analytics is the major end-user for hadoop market. North America and Asia are estimated to hold a share of more than XX% during 2016-2021.Hadoop market
is segmented by software into management, application, package and others, by hardware equipment’s into servers, networks, storage and others, by services as consulting, training and outsourcing, integration and deployment and others. The end user industries include telecommunication, healthcare, oil & gas, transportation and education. Hadoop software market is estimated to have the highest growth rate in the overall global hadoop market. The increasing venture capital investments result the increase in number of hadoop distributors resulting the growth of hadoop software market.
North America contributes to the largest share followed by Europe. As majority of hadoop distribution organizations and technology vendors are located in North America, it is expected to lead the revenues in this market with higher rate of technology adoption. Due to end users like transportation, retail and many other sectors there had been a good growth in Europe. Sample Companies profiled in this report are:
- Amazon Web Services
- Cisco Systems, Inc.
- Cloudera, Inc.
- Datameer Inc.
- Hortonworks, Inc.