Hadoop Big Data Analytics Market Demand, Sales, Consumption and Forecasts to forecast 2027


Hadoop Big Data Analytics Market size was valued at US$ 14.1 Billion in 2021 and the global Hadoop Big Data Analytics revenue is expected to grow at 12.8% through 2021 to 2029, reaching nearly US$ 36.95 Billion.

MMRlogo3_(5)

The primary characteristics of the market are evaluated through market research based on supply, demand, viability, and current trends. In the market research, forecasts for the years 2022-2027 are also provided. The Hadoop Big Data Analytics report estimates and forecasts potential growth in the worldwide Hadoop Big Data Analytics Market at each point in time using statistical data and extensive research, taking into account both the qualitative and quantitative values of important elements including historical, current, and future trends. The study examines the potential for the global market as well as the current Hadoop Big Data Analytics market. In-depth analyses of corporate performance, market share, and cost analysis data are also included in the research.

Hadoop Big Data Analytics Market Segmentation:

By Business Function, the Finance segment is expected to dominate the market in the year 2029. This can be attributed to the rapid digitization of the finance sector coupled with the use of machine learning and the cloud. Big data in finance handle petabyte levels of organized and non-organized data that is utilized to predict customer behaviors and then to create strategies based on those behaviors. For example, real-time stock market insights can be anticipated with the use of big data analytics.

The operations segment is expected to follow the finance segment in terms of growth in the forecast period (2022-29). The Hadoop framework is used by many businesses around the globe to manage their databases. It helps them to manage supply chains and detection of fraudulent activities. It also helps them to improve their business forecasts, product pricing optimization along with increase efficiency. This trend is expected to fuel the growth of the business operations segment in the same forecast period.

By Application, Risk and Fraud Analytics segment is expected to witness the highest growth in the same forecast period. The main reason behind this is the fact that fraud analytics is the key to financial fraud risk management. Big data is used in fraud analytics to curb threats such as Account Takeover (ATO), Sim Swapping, Card Not Present (CNP) frauds. Machine learning models using Hadoop which store and process user data such as biometrics and user passwords are driving the growth of risk and fraud analytics in the Hadoop big data market.

The IoT segment is expected to follow the risk and fraud analytics segment in terms of growth in the aforementioned forecast period. Around 4.5 trillion gigabytes of data is generated by the year 2021 through IoT. This IoT-generated data is managed with the help of software like Apache Hadoop. This correlation between IoT and big data is expected to be the key driver of the IoT segment in the Hadoop big data analytics market.

Collect free Sample copy: https://www.maximizemarketresearch.com/request-sample/6866       

In our study, we cover every aspect of the market. All information for the study was gathered through press releases and yearly reports, and it looked closely at all the good things, the limitations, the potential, and the obstacles. The goal of the study is to recommend a patent-based method for locating possible technology partners in order to encourage open innovation. By using the market share research and comparison of the top companies in the study, users can take extra steps toward the growth or improvement of their organization.

Our team is examining the impact of COVID-19 on several industrial sectors and giving the customer authenticated data. Our understanding of the market is aided by this information. Consult our expert monitoring, which outlines all of the influencing factors and the influence of COVID on each key player, to fully understand the impact and factors of COVID-19 on the global Hadoop Big Data Analytics market.

Hadoop Big Data Analytics Market Key companies:

• IBM Corporation
• Amazon Web Services (AWS)
• Teradata Corporation
• Cloudera, Inc.
• Tableau Software, Inc.
• Pentaho Corporation
• SAP SE
• Marklogic Corporation
• Pivotal Software, Inc.
• Datameer, Inc.
• Mapr Technologies, Inc.
• Mongodb
• Hewlett-Packard Enterprise (HPE)
• Memsql Inc.
• Cisco
• Hitachi Vantara Corporation
• SAS Institute Inc.

Request for free sample: https://www.maximizemarketresearch.com/request-sample/6866  

Contact us:

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT Park Phase 2,

Pune Banglore Highway,

Narhe, Pune, Maharashtra 411041, India.

Email: sales@maximizemarketresearch.com

Phone No.: +91 9607365656

Website: www.maximizemarketresearch.com

About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe,
3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India.
411041
India
Phone : +91 9607365656
View website

Published in

Food , Health

Published on

Dec 03, 2022

Social Links

PRnob Facebook Page Twitter page of PRnob.com LinkedIn page of PRnob.com