Hadoop is a distributed processing technology used for Big Data
analysis. Hadoop market is expanding at a significant rate, as Hadoop
technology provides cost effective and quick solutions compared to traditional
data analysis tools such as RDBMS.
As per the report published by AMR, Hadoop Market has great future
prospects in trade and transportation, BFSI and retail sector. Global Hadoop
market was valued at $1.5 billion in 2012, and is expected to grow at a CAGR of
58.2% during 2013 to 2020 to reach $50.2 billion by 2020.
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Huge expansion in raw structured and unstructured data and
increasing demand for Big Data analytics act as the major driving factors for
global Hadoop market as it provides cost effective and faster data processing
of Big Data analytics over conventional data analysis tools such as Relational
Database Management Systems (RDBMS). Presently, distributed computing and
Hadoop platform security issues are hindering the growth of this market.
However, with continuous technological growth these issues can be
addressed. Moreover, gradual lowering operating costs to provide data
management solutions will add to the growth of this market.
Table Of Contents:
1 INTRODUCTION
2 EXECUTIVE SUMMARY
3 HADOOP MARKET OVERVIEW
4 GLOBAL HADOOP
MARKET BY TYPE
5 GLOBAL HADOOP
MARKET BY END-USER
6 GLOBAL HADOOP
MARKET BY GEOGRAPHY
7 COMPANY PROFILES
Report Details:
Hadoop Market (Hardware, Software, Services and HaaS, End Use
Application, and Geography) - Industry Growth Trends and Forecasts Through 2020
Published: 12-March-2014
Pages: 108
Price: US$ 4,515.00
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