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. The 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.
The major drivers for the market growth is the growing volume of structured and unstructured data, increasing demand for big data analytics and quick and affordable data processing services offered by Hadoop technology. Distributed computing and security issues in Hadoop Platform are acting as major restraints for growth of this market. Global Hadoop Market, on basis of product, is segmented into software, hardware and services. The services segment is the major contributor in the overall global Hadoop market revenue throughout the forecast period.
Hadoop Software Market Analysis
Hadoop software market is further categorized into application software, packaged software, management software and performance monitoring software. Application software currently is the largest segment in the global Hadoop software market. Major reason for such high revenue is its increasing implementation by developers to build real time applications.
Hadoop Hardware Market Analysis
Hadoop Hardware Market is segmented into servers, storage and network equipment market. Storage market generates the largest revenue in the overall Hadoop Hardware market. Technological advancement has led to more data generation; simultaneously, increasing amount of storage space required is resulting in the growth of Hadoop Hardware Storage market.
Hadoop Services Market Analysis
Hadoop Services market is sub-segmented into consulting services, Hadoop training and outsourcing services, integration and deployment services, and middleware and support services market. Consulting services market generates the largest revenue in the overall Hadoop services. The major factor contributing to this revenue is, increase of Big Data analytics in decision making and enterprise wide adoption of Hadoop technology.
Hadoop End-use Market Analysis
Global Hadoop Market is also segmented based on end-user application in various sectors such as manufacturing, BFSI, government sector, retail, trade and transportation, IT and ITES, media and entertainment, healthcare, hospitality and telecommunication. Hadoop technology deployment in government sector currently generates the largest revenue compared to other sectors. Governments have to handle large amount of data pertaining to the population, and implementing Hadoop technology for data analysis provides quick and cost-effective solutions for the same.
Hadoop Geographic Market Analysis
North America currently is the largest revenue generating geography in the Global Hadoop Market. Majority of Hadoop distribution organizations and technology vendors are located in North America. Asia Pacific region will have the fastest growth rate during the forecast period owing to its large IT services industry base.
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- This report gives a detailed analysis of drivers and factors limiting market expansion
- Projections are made for the next eight years by considering values for 2012 as reference
- Porter’s five forces and SWOT analysis discussed, would help in making strategic decisions
- Analysis of Key Market Players and Strategies adopted by them are dealt to give a deep dive intelligence on top contenders in the market
- Micro level analysis is conducted based on Product types, applications and geographies
- Comprehensive and quantitative data about changing market trends, competition and opportunities in Product and End User Application Market is provided in the report
- Identification of key investment pockets for applications Market.
- The global Hadoop market is segmented based on product, end user application and geography.
Market by Product
- Application Software
- Packaged Software
- Management Software
- Performance Monitoring Software
- Network Equipment
- Consulting Services
- Hadoop Training and Outsourcing Services
- Integration and Deployment Services
- Middleware and Support Services
Market By End-User Application
- Government Sector
- Media and Entertainment
- Trade and Transportation
- IT and ITES
- Hospitality and Travel
Market By Geography
- North America
- Asia Pacific
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Spanning Over 108 pages, 47 tables, 21 figures, “Global Hadoop Market (Hardware, Software, Services, HaaS, End User Application and Geography) - Industry Growth, Size, Share, Insights, Analysis, Research, Report, Opportunities, Trends and Forecasts Through 2020” report covering the Hadoop Market Overview, Global Hadoop Market By Type, Global Hadoop Market By End-User, Global Hadoop Market By Geography, Company Profiles. The report covered 10 companies - Amazon Web Services, Cisco Systems, Cloudera, Inc., Datameer, Inc., Hortonworks, Inc., Karmasphere, Inc., MapR Technologies, Pentaho Corporation, Teradata Corporation, MarkLogic.
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