Hadoop Market: IT and software companies investing huge revenues for Hadoop applicatio
Hadoop is a framework designed for fast processing and generation of huge data sets and it is operable on any operating system.
Hadoop open source has many applications in current enterprise applications for analyzing huge data sets generated every day. Big Data Analytics is one of the major applications of the Hadoop file system applications. There is high scope for the Hadoop Market in technology across the globe during 2016-2021.
Scope and Regional Forecast of the Hadoop Market:
According to the IndustryARC research analysis studies on the Hadoop Market, the applications of Hadoop for big data analytics and Hadoop mapreduce are the driving factors that are propelling the demand and growth of Hadoop technology in the enterprise and IT industries in various regions across the globe during 2016-2021.
North America is the leading region in the Hadoop Market owing to the high investment for the development of Hadoop architecture and utilization of Hadoop infrastructure in various technological applications and sectors. Europe is closely following the North America’s lead with high investment and use of Hadoop applications through 2021.
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Asia Pacific is the largest region for the Hadoop Market due to the presence of many countries that have high scope for the growth in the upcoming years such as India, China, Japan, Australia and Korea. The improving infrastructure and computing environment in this region is expected to influence the growth during 2016-2021.
Segmentation and Key Players of the Hadoop Market:
The Hadoop Market is segmented into various categories in the IndustryARC marketing research report by software, by hardware, by service, by end user and by geography as follows:
By software: management software, application software and package software
By hardware: servers, external storage devices and network
By service: consulting, training and outsourcing, integrate and deployment
By end user: telecommunication, retail, bio informatics, healthcare and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Hadoop Market according to the IndustryARC research report are as follows:
· Cloudera Inc.
· Intel Corporation
· Teradata Corporation
The Hadoop Market is a high potential market with high applications in commercial and technology industry for Hadoop applications and Hadoop tools across the globe. This market is anticipated to witness high growth owing to the high investment for development of Hadoop distributions, Hadoop projects and rise in use of Hadoop database, Hadoop cluster and Hadoop HDFS by enterprises for big data and other data operations during 2016-2021.
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Sep 16, 2016